Some of OpenAI’s biggest investors are reportedly not invited to the company’s new board. That includes Microsoft, which has invested more than $10 billion in the artificial intelligence...
OpenAI is an artificial intelligence (AI) success story. But one of its early investors says it is the exception in an overvalued sector, not the rule,...
Federal regulators are reportedly sweetening the deal for two failed banks. The Federal Deposit Insurance Corporation (FDIC) is open to negotiating sharing losses if that...
A group of venture capital firms is reportedly working to reclaim parts of Silicon Valley Bank. Companies in talks to preserve the failed bank —...
San Francisco-based Nextdoor is set to merge with Khosla Ventures Acquisition Co. II (KVSB), a special purpose acquisition company (SPAC) that is listed on the...
Financial services company Affirm announced Monday it has raised $200 million in Series E funding from a consortium of investors led by global investment firm...
Grocery delivery operation Instacart has dropped another $100 million in Series C funding into its shopping cart, bringing its current valuation to more than $2...
Online payments vendor Stripe on Monday (Dec. 1) is seeing its valuation double in less than a year, to $3.5 billion, after it closed a...
Privately-held Square has authorized a tender offer that places the company’s self-declared value at $6 billion, CNBC reported. To put that into context, Square’s similar...