Kleiner Perkins is having a very good week
With two IPOs this week alone, Kleiner Perkins partner Mamoon Hamid has reason to celebrate.
Category: TC
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Enterprises prefer Anthropic’s AI models over anyone else’s, including OpenAI’s
Anthropic holds 32% of enterprise LLM market share by usage. This is a sharp reversal from just two years ago when OpenAI held 50%.
Iconiq’s Will Griffith explains how his firm celebrated Figma’s IPO and why investors sold shares
Will Griffith is a seed investor in Figma. Investors didn’t want to sell millions of shares. He explains why they did it anyway.
Twitter’s former Trust and Safety head details the challenges facing decentralized social platforms
Yoel Roth shares concerns about the open social web’s ability to combat misinformation, spam, and other illegal content.
Kleiner Perkins-backed Ambiq pops on IPO debut
The 15-year-old chipmaker saw its shares climb 61% above its IPO price by the close of its first trading day.
New York state cyber chief calls out Trump for cybersecurity cuts
The top cybersecurity official in New York told TechCrunch in an interview that Trump’s budget cuts are going to put the government at risk from cyberattacks, and will put more pressure on states to secure themselves.
Sam Altman warns there’s no legal confidentiality when using ChatGPT as a therapist
In response to a question about how AI works with today’s legal system, Altman said one of the problems of not yet having a legal or policy framework for AI is that there’s no legal confidentiality for users’ conversations.
This industrial AI startup is winning over customers by saying it won’t get acquired
In a red-hot acquisition market, the CVector founders answer this key question in its first conversation with prospective customers.
Former Y Combinator, a16z experts hold invite-only summit for founders
An invite-only startup event hosted by former YC and a16z staff will help founders learn to pitch press and run their own social media.
OpenAI agreed to pay Oracle $30B a year for data center services
OpenAI was the customer that signed the huge deal that Oracle disclosed last month.