Sergey Brin Has Spent More Than $100 Million Fighting California’s Billionaire Tax
Google co-founder Sergey Brin has spent more than $100 million opposing California’s proposed 5% billionaire tax, which could cost him roughly $13.3 billion.
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Google co-founder Sergey Brin has spent more than $100 million opposing California’s proposed 5% billionaire tax, which could cost him roughly $13.3 billion.
Sequoia Capital raised $10 billion and plans a record $2.5 billion investment in Anthropic as it doubles down on AI and U.S. reindustrialization.
Apple is reportedly losing the executive leading Vision Pro and smart glasses to OpenAI as competition for AI talent intensifies.
A senior Apple executive overseeing Vision Pro and smart glasses is reportedly leaving the company to join OpenAI.
OpenAI is reportedly leaning toward delaying its IPO until 2027 as it continues expanding AI infrastructure and raising private capital.
More than 600 OpenAI employees sold $6.6 billion in shares in one of Silicon Valley’s largest pre-IPO payouts.
Founders Fund launched a Mafia-themed game show featuring Sam Altman, Palmer Luckey, and other Silicon Valley leaders.
Meta reportedly laid off 8,000 employees and reassigned 7,000 workers to AI projects while introducing internal AI systems designed to monitor employee activity for model training purposes.
Bolt CEO Ryan Breslow said the fintech company eliminated its entire HR department during a broader restructuring effort, arguing the team was creating unnecessary internal issues.
Meta is reportedly planning to cut 20% of its global workforce while reallocating 7,000 employees to artificial intelligence projects as part of a major restructuring effort.
Sequoia Capital is an American venture-capital firm founded in 1972. The private partnership invests in technology companies from their earliest stages through later growth, manages investment funds for limited partners, and provides operating support to founders and portfolio companies.
Apple’s third co-founder Ron Wayne says he still owns a 10% stake in the company despite exiting shortly after its founding. The claim has reignited debate over early ownership agreements.
OpenAI issued record stock awards averaging $1.5 million per employee, far surpassing compensation levels at major U.S. tech firms.
Executives at Elon Musk’s xAI have discussed the possibility that artificial general intelligence could surpass human capabilities as early as 2026, according to an internal account.
Andreessen Horowitz is setting up a $10 billion investment push targeting AI, growth-stage tech, and U.S. defense startups.