Private Markets

For the past two years, investors seeking exposure to artificial intelligence have largely chased the companies building the models: OpenAI, Anthropic, xAI, and other headline-grabbing startups promising to reshape the economy. But a growing body of venture data suggests the real AI trade may have...

Liz Wamai has joined OpenAI as head of recruiting after more than three years at Netflix, as the company looks to beef up its headcount. "I've spent my career helping build teams behind some extraordinary products and companies. I've spent it building teams at the moments that set what a company...

Sen. Elizabeth Warren (D-Mass) pushed four major infrastructure investors for details about their data center investments, zeroing in on whether the same firms can sit on both sides of the power equation as owners of electricity providers and large energy users. In letters sent Friday, Warren...

Veld Capital has closed a $401 million asset-backed continuation vehicle, with funds managed by Blue Owl Capital’s Alternative Credit strategy serving as lead investor following a secondary auction process. The transaction was designed to acquire a portfolio of European asset-backed finance...

Sequoia Partner Shaun Maguire is an investor in SpaceX (NASDAQ:SPCX) via his company and personal holdings. The investor shared his thoughts on the company going public and why investors may be undervaluing future opportunities. SpaceX IPO SpaceX went public on Friday with a valuation near $2...

CNBC’s Jim Cramer warned Friday that SpaceX‘s (NASDAQ:SPCX) historic market debut could accelerate a fresh wave of AI equity offerings, potentially setting a constructive tone for stocks in the week ahead. Elon Musk's aerospace company ended its first trading session at $160.95 per...

Editor’s Note: This story has been updated to include a comment from an OpenAI spokesperson. OpenAI is reportedly facing a multi-state investigation as attorneys general examine the company’s data practices, safety measures and the potential impact of its artificial intelligence...

Jeff Bezos said that he has embraced being a CEO again at AI startup Prometheus, describing the role as “Type 2 fun,” the kind you appreciate only after the climb is over. The 62-year-old billionaire, speaking on CNBC’s “Squawk on the Street” this week, said running...

Anthropic has abruptly disabled access to its flagship Fable 5 and Mythos 5 artificial intelligence models after the U.S. government ordered the startup to block foreign nationals from using the systems, citing national security authorities. The startup said it received the export-control order at...

Partners Group (OTCH: PGPHF) issued a statement in response to "unfounded market rumors" that the firm is considering additional liquidity restrictions or a freeze on its evergreen vehicles. "Partners Group has no intention of altering any documented liquidity mechanisms and has no plans to freeze...

Defense tech startup Anduril Industries CEO Brian Schimpf said he would “absolutely” consider locating the company’s next weapons manufacturing hub outside the United States. "When you look across Europe, there's a lot of manufacturing talent that exists," Schimpf told Bloomberg...

Years of easy money allowed overleveraged companies to postpone difficult decisions. According to executives at Oaktree Capital, that period may be ending. Speaking on Oaktree’s latest The Insight podcast, Brook Hinchman, head of North America for Oaktree’s Opportunistic Credit Strategy...

A federal appeals court is weighing how a decades-old U.S. hacking statute should apply to an AI tool accused of getting into Amazon customer accounts without permission, a dispute that could shape who bears responsibility when software acts on a user's behalf. Perplexity AI's shopping-focused "...

For venture capitalists starved for blockbuster exits, Space Exploration Technologies Corp.‘s (NASDAQ:SPCX) public debut may be exactly what they’ve been waiting for. “A SpaceX IPO is a landmark moment for the space economy. More than simply attracting additional venture capital,...

Investor Chamath Palihapitiya has shared a detailed breakdown of SpaceX and its valuation ahead of the company's highly anticipated IPO. In his analysis, he compares SpaceX's impact on space access to a historic shift in global trade that dates back to 1497. A Centuries‑Old Analogy for SpaceX's...