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.
Silicon Valley Start-Ups Face a Future Without Jensen Huang's Money
For years, Jensen Huang was a frequent presence at Silicon Valley start-up events, networking with founders, judging pitch competitions and showing up at “demo” days. The Nvidia chief executive became a godlike figure in the start-up…
At a major Silicon Valley AI conference, VCs and CEOs grapple with a future without Jensen Huang
Hours after he was ousted as the CEO of Nvidia, Jensen Huang was still winning at the Cerebral Valley AI Summit in San Francisco on Thursday. At least in a video game. In 'Cerebral Kombat,' an arcade game set up for attendees, the Nvidia cofounder…
A Scorecard for Huang's Exit From Nvidia
Andrew here. The Nvidia soap opera continues. The Wall Street Journal reports that Jensen Huang belittled Colette Kress, then the chipmaker's C.F.O. and now his interim replacement as C.E.O. (One question: what Kress's ascension means for Huang's…
How Novig became the third biggest prediction market site despite launching only months ago
Since bursting on the scene two years ago, prediction markets have become one of the buzziest new sectors in finance, pulling in billions of dollars in revenue, and driving daily news headlines. The young industry is dominated by two giants, Kalshi…
Ramaphosa to engage US tech giants on SA's AI future
President Cyril Ramaphosa. (Image source: Presidency) President Cyril Ramaphosa will lead a high-level, multi-stakeholder South African delegation to Silicon Valley in the US next week. This, as the country seeks to strengthen its artificial…
Kalshi ditches Trump Jr. as advisor; CEO admitted 'optics' weren't good
Donald Trump Jr. agreed to end his advisory role with the prediction market Kalshi shortly after Trump Jr.'s venture capital firm made a large investment in its competitor, Polymarket. “We have mutually agreed to end Don's advisory role…
Gate CEO Says Founders Can Use AI Before Building Larger Teams
Gate CEO Dr. Han urged entrepreneurs to start on their own and use artificial intelligence to expand their capacity, then assemble a team as their businesses grow. At the Oxford Union on Thursday, Nov. 12, Han called the approach “Boss +…
Kalshi ends advisor contract with Donald Trump Jr. following Polymarket investment
Kalshi has ended its advisory contract with Donald Trump Jr after his venture capital firm 1789 Capital increased its stake in arch-rival Polymarket, according to a spokesperson for the $40 billion prediction markets startup. The Democratic sweep…
Exclusive: This young startup wants to power floating data centers with the ocean's heat, and investors are already on board
Anyone who has weathered a hurricane can tell you that the oceans — which fuel the storms — contain a tremendous amount of energy. Thanks to global warming, they're holding more than ever. A new startup wants to harness that energy to…
Israel's VCs see opportunity for challengers in Nvidia's turmoil
Former Nvidia CEO Jensen Huang's resignation has been received with worry in Israel, the company's “second home,” as Huang described it in 2023. The company's importance flows both ways, as the semiconductor giant has provided a major…
Donald Trump Jr. Dumped by Kalshi After the Prez's Son's Investment Firm Backs Rival Polymarket in Major Conflict of Interest
Donald Trump Jr. is no longer a paid adviser to prediction market platform Kalshi after his venture capital firm, 1789 Capital, increased its investment in rival Polymarket. Kalshi confirmed the decision on November 12, describing the departure as…
Ethics Watchdog Urges Investigation Into Top Health Official, Alleging Conflict of Interest Over Hormone Therapy Policy
A nonpartisan ethics watchdog group has asked for an investigation into whether a top Department of Health and Human Services official violated ethics laws after a recent ProPublica investigation revealed actions experts called…
U.S. Buyers Took 39% of First Exits in Selected UK Startup Sample
A Common Wealth study found U.S. corporate buyers accounted for 39% of first exit deals among a selected group of UK venture-backed technology firms, raising questions about domestic tech capacity. The study did not examine every British startup…
Why Anthropic's Dario Amodei Has Angered OpenAI and Other A.I. Peers
Jensen Huang and Satya Nadella had a problem. Anthropic and OpenAI, the leading artificial intelligence companies, were lobbying the White House to prevent some A.I. models from being developed and widely shared because, they argued, they were too…
Kalshi Ends Advisory Role With Donald Trump Jr. After His Firm Invests in Polymarket
Prediction market platform Kalshi ended its advisory contract with Donald Trump Jr. after his venture capital firm, 1789 Capital, increased its stake in arch-rival Polymarket, a spokesperson for the $40 billion prediction markets startup said…
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