Kate Clark
@KateClarkTweets
Following the money. Reporter @Bloomberg @Technology. Signal: kateclark.77
Some personal news! talkingbiznews.com/media-news/blo…
China’s largest venture capital houses are tapping the market for at least $2 billion in new funds, re-engaging with the country’s startups in a signal of renewed global investor interest in areas from AI to toys. bloomberg.com/news/articles/… @pingroma @echowonghk
OpenStore is slashing its valuation in a new round of funding as it prepares to narrow its focus to building up menswear brand Jack Archer bloomberg.com/news/articles/…
Sources: e-commerce startup OpenStore, co-founded by Keith Rabois, is raising a $15M Series C at a valuation of just $50M, down from $970M in September 2022 (@kateclarktweets / Bloomberg) bloomberg.com/news/articles/… techmeme.com/250725/p30#a25…
SCOOP: Leaked memo from Anthropic CEO Dario Amodei outlines the startup's plans to seek investment from the United Arab Emirates and Qatar. “Unfortunately, I think ‘no bad person should ever benefit from our success’ is a pretty difficult principle to run a business on.”
scoop
Netflix and Disney are dabbling in artificial intelligence tools for video made by the startup Runway AI bloomberg.com/news/articles/…
Some breaking news w/ @jillrshah - Christine Hunsicker, the ex CEO of fashion platform CaaStle, has surrendered to US authorities this morning to face criminal charges. Follows the collapse of her tech startup earlier this year. @business
Exclusive: For Jeffrey Epstein’s 50th birthday, friends created a book of bawdy letters. One was from Donald Trump. on.wsj.com/3TL8s7C
Scoop: Boris Cherny and Cat Wu are back at Anthropic, two weeks after joining Cursor. 🤯🤯🤯 theinformation.com/briefings/anth…
Layoffs at Scale one month after Meta investment, per @shiringhaffary & @rachelmetz bloomberg.com/news/articles/…
Jeff and Scott join us on @technology tomorrow. I will be in New York (maybe)
Cognition has signed a definitive agreement to acquire Windsurf. The acquisition includes Windsurf’s IP, product, trademark and brand, and strong business. Above all, it includes Windsurf’s world-class people, whom we’re privileged to welcome to our team. We are also honoring…
When Benchmark led a $75 million funding round in startup Manus, it was surprised to find other investors crying foul. bloomberg.com/news/articles/…
Cognition AI agrees to buy what's remaining of Windsurf after Google agreed to pay $2.4 billion for Windsurf's top talent and licensing rights. bloomberg.com/news/articles/…
Sources: Google is paying $2.4B for a nonexclusive license to certain Windsurf tech and hire some of its employees, but won't be taking a stake in the company (Bloomberg) bloomberg.com/news/articles/… techmeme.com/250711/p33#a25…
Google will pay $2.4 billion for top talent & licensing rights from AI coding startup Windsurf following the collapse of Windsurf’s agreement to be bought by OpenAI: bloomberg.com/news/articles/…
Our story on the Windsurf-OpenAI deal fallout: bloomberg.com/news/articles/…
Exclusive coverage of @HarmonicMath $100M Series B by @KateClarkTweets bloomberg.com/news/articles/…
Harmonic, a startup co-founded by Robinhood CEO Vlad Tenev that aims to build AI better at math than humans, raised a $100M Series B at a $875M valuation (@kateclarktweets / Bloomberg) bloomberg.com/news/articles/… techmeme.com/250710/p33#a25…