Silicon Valley

Private Equity

VCs Are Sitting Tight On Top of a Big Cash Pile

Photo by Hardik Pandya via Unsplash

Potential investors have pivoted toward less-risky bets that will hopefully deliver results even sooner.

1 min read

Photo by Growtika via Unsplash

Artificial Intelligence

Startup ElevenLabs Is AI’s Newest Unicorn After Latest Fundraising Round

The AI software company is sporting a new valuation of more than $1 billion after its latest $18 financing round.

2 min read
Photo by TechCrunch via CC BY 2.0

Technology

Startup Founders Are Feeling Skittish After Altman Fiasco

The leaders of young companies are turning to supervoting stock and cherry-picking their boards to avoid a blindside.

1 min read
Photo by TechCrunch via CC BY 2.0

Technology

Twilio CEO Resigns Amid Activist Push

Twilio CEO and co-founder Jeff Lawson says he’s step down following a protracted battle with a pair of persnickety activist investors.

2 min read

Artificial Intelligence

Big Tech’s Legal-Shield Promises Are All About Keeping Customers In-House

Photo by Mojahid Mottakin via Unsplash

Can artificial intelligence companies really offer customers legal shields for any copyright disputes over content their AI makes?

2 min read

Artificial Intelligence

The SEC Probes AI Use at Investment Advisory Firms

Photo by APK via CC BY-SA 3.0

As the world of high finance ushers in an era of AI, the SEC has begun investigating how investment advisory firms use the technology.

2 min read

Artificial Intelligence

Stability AI Is Reportedly Shopping Around for a Buyer

(Photo by UK Government via CC BY 2.0)

Stability AI, the startup behind AI-powered image-generator Stable Diffusion, is reportedly shopping itself to potential acquirers.

2 min read

Photo by TechCrunch under CC BY 2.0

OP-ED | Power Corridor

OpenAI: It’s Complicated

The first large-scale rebellion among artificial intelligence workers raises some serious questions.

3 min read
(Photo by Kenny Eliason on Unsplash)

Banking

Banking’s Fantastic Four Grab a Bigger Share of Industry Profits

Of the roughly 4,400 operating banks in the US, nearly half of all banking profits in the third quarter came from just four.

2 min read
Photo by Brett Sayles on Pexels

Patent Drop

Microsoft’s Automatic Data Center Patent Could Take on AWS

Microsoft’s patent to sublet data centers close to the source could surpass the physical barriers that cloud innovation faces.

3 min read

Sign Up for The Daily Upside to Unlock This Article

Sharp news & analysis on finance, economics, and investing.