SpaceX backer 137 Ventures raises $700M for two growth-stage funds

VC firm 137 Ventures has raised over $700 million to back growth-stage startups. Its portfolio includes SpaceX, Anduril, Hadrian.

Sources: Anthropic could raise a new $50B round at a valuation of $900B

The maker of Claude has received multiple pre-emptive offers at valuations in the $850 billion to $900 billion range, according to sources familiar with the matter.

Bill Gurley, Jack Altman back startup Pursuit, which helps companies sell to government

On Wednesday, Pursuit announced a $22 million seed round led by Mike Rosengarten, the co-founder of OpenGov with out big-name VCs participating.

BMW i Ventures has a new $300M fund and AI is riding shotgun

BMW i Ventures is interested in startups working on agentic AI and physical AI, as well as industrial software, advanced materials, and manufacturing and supply chain technologies.

How one venture firm is investing in an increasingly fragmented world

Geopolitical turmoil has made venture investing challenging, leading Kompas VC to carve out a niche in startups focused on the physical world.

The Stanford freshmen who want to rule the world . . . will probably read this book and try even harder

Can a book like this actually change anything? Or does the spotlight, as it always seems to, send more students racing to the place?

To buy this Bay Area home, you’ll need Anthropic equity

Someone’s offering an unusual deal for a 13-acre property in Mill Valley, just north of South Francisco.

Steve Ballmer blasts founder he backed who pleaded guilty to fraud: ‘I was duped and feel silly’

Steve Ballmer wrote a fiery letter in the sentencing of disgraced founder Joseph Sanberg documenting all the harm that’s befalling him as an investor.

ComfyUI hits $500M valuation as creators seek more control over AI-generated media

ComfyUI, whose tools give creators more control over AI image, video, and audio generation, just raised $30 million.