Venture Capital Industry News
A collection of Venture Capital latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Appeals Court rules in favor of Nevada in prediction market dispute
The U.S. Supreme Court could be the next stop in the continuing legal battle between Nevada gaming regulators and New York-based prediction market KalshiEx LLC. Kalshi, a financial services company that operates a derivatives exchange and…
Blue Owl's blues reignite debate over retail money in private credit
This article is for subscribers only. Welcome to Going Private, Bloomberg's twice-weekly newsletter about private markets and the forces moving capital away from the public eye. Today, we look at two billionaire brothers supporting the…
UAE's G42 teams up with Cerebras to deploy 8 exaflops of compute in India
Abu Dhabi-based tech company G42 has partnered with U.S.-based chipmaker Cerebras to deploy 8 exaflops of computing power via a new supercomputer system in India, the companies said on the sidelines of the India AI Impact Summit in New Delhi. The…
Tesla Cuts Cybertruck Price to $59,990 for 10 Days
The Cybertruck was supposed to be a mass-market hit. It's not. Now Tesla is cutting prices to move inventory. Tesla unveiled a new dual-motor, all-wheel-drive Cybertruck Thursday priced at $59,990—making it the company's most affordable…
It is not biotech, it is 'techbio'
Startup representatives researching biotechnology say they have transitioned from 'biotech' to 'techbio.' While it sounds like a simple play on words, the shift highlights a critical reality for the industry: Biological research is now entirely…
Meet the Trump Official Who's Trying to Protect Prediction Markets
Mike Selig, one of Donald Trump's top financial regulators, is leading the charge to shield prediction markets like Kalshi and Polymarket from state regulation. Coincidentally, he previously worked at a law firm that represents Polymarket –…
Scoop: VC-backed Cross River Bank eyes its IPO
KKR and Andreessen Horowitz-backed Cross River Bank is eyeing an IPO, Axios has learned. Why it matters: It would be the first venture-backed bank to go public in years. Driving the news: Cross River Bank invited Wall Street banks to a bakeoff in…
14 'Second Wave' startups aiming to take the AI era beyond cost cutting
Second Wave AI startups are trying to move beyond cost-cutting and use this technology to create brand-new experiences and generate new sources of revenue. The concept is being supported by Kylan Gibbs, a former DeepMind product manager who now…
Jake Solomon-led Midsummer Studios shuts down
Midsummer Studios, the game development company founded by Firaxis Games veteran Jake Solomon, is shutting its doors. Solomon shared the news in a post on X, where he shared 'pre-pre alpha' footage of Burbank, the studio's life sim game. He did not…
Defy Ventures teaches entrepreneurship in prisons. It changed how I think about founders
I love going to prison with Andrew Glazier. Glazier is the CEO of Defy Ventures, a Los Angeles-based nonprofit running entrepreneurship training programs in prisons across eight states. And twice now, I've tagged along at Defy events, including a…
Crypto Biz Newsletter: Crypto slides, but Tokenized RWAs and VC Push Ahead
Crypto markets have erased nearly $1 trillion in value over the past month, yet parts of the industry tied to infrastructure and tokenized real-world assets (RWAs) are telling a different story. Tokenized Treasurys are expanding, venture firms are…
Kerala Cabinet approves IT Policy 2026
The Kerala Cabinet on Friday approved the State's Information Technology (IT) policy 2026, with the aim of securing for the State 10% of the IT exports from the country. One of the major objectives is to triple the availability of IT space in the…
Space, energy and cyber venture rounds to highlight
This maker of in-space chemical propulsion systems has collected $17 million in Series A equity capital, a figure $2 million higher than the initial target with 70% of the financing from existing investors. Lockheed Martin's venture capital arm for…
AI's promise to indie filmmakers: faster, cheaper, lonelier
A Filipino man walks through the backyard of his childhood home in rural Hawai'i, his footsteps swooshing through the grass. Birds chirp, contributing to the tropical din, as he approaches a shrine at the base of a starfruit tree. He bends to…
OpenAI's Sam Altman warns that firms are using 'AI washing' to mask layoffs across the globe - AI boss calls out corporate excuses while warning of 'palpable' job disruption ahead
Artificial intelligence is already proving to be a disruption to the workplace, with the scope depending on your industry, but OpenAI CEO Sam Altman believes that some of the damage isn't entirely the fault of AI firms. He raised his belief that…
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