Benchmark Capital, the storied Silicon Valley VC firm known for early investments in eBay, Snap, Uber, and Twitter, is breaking with one of its signature traditions: keeping its funds to about $425…
The Cerebras Systems IPO was a smash hit on Thursday, generating billions for itself, its founders, and its major investors. Among the big winners is major shareholder Benchmark, which owns 9.5…
… He was also on Microsoft’s board when the tech giant entered into one of those non-acquisition, acqui-hire deals for $650 million with his AI startup Inflection AI. …
…Chinese regulators moved to scrutinize the transaction earlier this year, citing potential violations of technology export controls and foreign investment rules. Manus investors, including California-based venture firm Benchmark, have already received…
… That sounds less exciting than breakthrough demos or model benchmarks. …
… He pointed to AI audio startup ElevenLabs , which has outperformed OpenAI and Google on their own benchmarks, despite lacking the resources and pedigree of either. …
… Deals! Kodiak AI’s first-quarter earnings offers a case study for how challenging it is to commercialize frontier tech. The company announced a number of deals that showed progress. …
…Rick Gerson’s Alpha Wave; Benchmark (via partner Eric Vishria); Lior Susan’s Eclipse; Fidelity; and Foundation Capital (via partner Steve Vassallo) are its largest shareholders with more than a 5% stake…