Accel just raised $5 billion to chase AI companies that now cost more than entire 2015 venture funds. Accel closed $5 billion across new funds, backing its portfolio of Anthropic, Cursor, and Perplexity with more capital for the scaling wars
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A Palantir alum wrote New York's AI regulation playbook, and now the tech industry is burning millions to make sure he never makes it to Congress. Alex Bores, former Palantir employee turned New York state representative, helped pass one of America's strictest AI regulation frameworks
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ElevenLabs' sales VP tells candidates to expect "a huge amount of hours" and ruthless quota enforcement as the $11 billion AI voice startup doubles its sales team to 120 people.
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The $100 billion managed service provider industry is about to automate itself out of its business model, and most MSPs don't see it coming.
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OpenAI just bought the microphone. OpenAI acquired TBPN, the daily AI-focused talk show that was on track for $60 million in revenue this year. No purchase price disclosed.
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Polygon is spinning off a stablecoin payments business and raising up to $100 million to do it, betting that the real money in crypto isn't speculation but boring old transactions. Polygon Labs is in early fundraising talks to raise $50-100 million by selling equity in a new stablecoin payments unit
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The AI boom's favorite revenue metric just got called out as Silicon Valley's most creative fiction. Cluely's co-founder admitted lying to reporters about ARR, the industry's standard measure of recurring revenue
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Marc Andreessen says AI job loss fears are "all fake" while US long-term unemployment climbs and tech firms explicitly cite AI in layoff announcements. Andreessen predicts a "massive jobs boom" from AI, calling displacement concerns fabricated
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Big Tech just decided how AI agents will pay each other, and they're not asking permission. Coinbase, Stripe, OpenAI, Microsoft, and a16z launched the x402 Foundation under the Linux Foundation to standardize how autonomous AI agents interact and transact.
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OpenAI just raised $122 billion at an $852 billion valuation, and the only thing bigger than those numbers is the question nobody's asking out loud: what happens when the money runs out?
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A crowdsourced AI feedback startup with $33M from a16z crypto just folded in under a year. Yupp.ai is shutting down less than a year after launch, despite raising $33M with Chris Dixon from a16z crypto leading
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Aztec just shipped Ethereum's first privacy-focused L2 with full smart contract capabilities, and they're doing it with known critical bugs still unfixed. Aztec's Alpha Network is now live, bringing private smart contracts to Ethereum L2 for the first time, backed by a16z's deep pockets.
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A16z just bet $10 million that stablecoins need middleware, and the partner list suggests they're right. A16z crypto led a $10 million round in The Better Money Company, building what they call stablecoins' "missing layer"
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Ex-Blackstone team just raised $25M to drag private credit markets onchain, and they're not talking about overcollateralized DeFi games. Valinor closed a $25M seed round led by Andreessen Horowitz to tokenize private credit markets, staffed by former Blackstone operators
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The Information just named 15 VCs who are winning the AI deal wars, and the list tells you more about where venture capital is heading than any fundraising announcement will.
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a16z Crypto just said the quiet part out loud: AI agents will kill the ad-supported internet. a16z Crypto's Sam Ragsdale argues the economic model of the internet is broken, calling for a shift away from advertising as AI agents become primary internet users
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An electric boat startup just pulled defense money, and it tells you everything about where the agent economy is actually headed. Arc, an electric speedboat maker, raised $50M from Eclipse, Menlo Ventures, and a16z to expand beyond luxury consumer boats into tugboats, ferries, and defense vessels
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The guy who spotted Anthropic early is now trying to build the power grid for AI. Anjney Midha, former a16z GP and early Anthropic investor, has unveiled AMP, a venture attempting to raise $10B+ to build a "grid for AI servers"
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Stablecoins went from crypto niche to global payments rails, and a16z's Arianna Simpson just said the quiet part loud. Arianna Simpson, former a16z general partner, tells Bloomberg that stablecoins are "taking the world by storm" as institutional investment accelerates
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AI agents are now negotiating M&A term sheets while bankers sleep, and the banks that figure this out first will eat everyone else's lunch. Key Institutional Bank, McKinsey, and a16z executives discussed how AI is reshaping dealmaking infrastructure on Bloomberg Deals
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