Author: Ben

October 5-14 KC OpenAI’s Record-Breaking FundraiserLeading off, we’ve got a seismic shift in the AI landscape. OpenAI just closed the largest VC round of all time, raking in a staggering $6.6 billion. This mammoth fundraiser values the ChatGPT-maker at $157 billion, catapulting it into the elite club of the top three biggest venture-backed startups alongside… Read more

September 5-15 KC Palantir Joins the S&P 500 Data analytics powerhouse Palantir Technologies is set to join the S&P 500 on September 23, along with Dell Technologies and Erie indemnity. They will replace American Airlines, Etsy, and Bio-Rad Laboratories as part of the quarterly rebalancing of the index. Founded by Peter Thiel, Palantir has seen… Read more

August 5-11 Anduril New Anduril: The $14 Billion AI Weapons StartupAnduril Industries, an AI weapons startup named after a fictional sword from The Lord of the Rings, has reached a staggering $14 billion valuation after its latest funding round. Founded by Palmer Luckey, the company aims to disrupt traditional defense giants with cutting-edge technologies, including… Read more

July 29 – August 4 Intel’s Crisis Leading off, we’ve got trouble brewing at Intel. Their shares plummeted 26% on Friday, marking their largest decline in over 40 years. This dramatic drop wiped out about $32 billion in market value, highlighting Intel’s struggles to compete in AI. Intel’s Q2 results and outlook paint a grim… Read more