New York Governor Kathy Hochul signs RAISE Act to regulate AI safety
The bill will require large AI developers to publish information about their safety protocols and report safety incidents to the state within 72 hours.
Sequoia partner spreads debunked Brown shooting theory, testing new leadership
The newest episode raises questions about whether Sequoia’s new leadership — managing partners Alfred Lin and Pat Grady, who took over last month — can or will rein in Maguire’s social media
Ex-Splunk execs’ startup Resolve AI hits $1 billion valuation with Series A
The round was led by Lightspeed Venture Partners, according to people familiar with the deal.
Building venture-backable companies in heavily regulated spaces
This week on Build Mode, Startup Battlefield editor Isabelle Johannessen spoke to two founders who are working to make progress in industries ripe for disruption, despite the regulatory headaches that might have
Rocket Lab wins another defense-related space contract
The $816 million contract follows a separate $515 million — both awarded by the U.S. Space Development Agency.
Former Patagonia CEO Rose Marcario resigns from Rivian’s board
Marcario joined the board in 2021, and will maintain her position as chair overseeing the Rivian Foundation, which made its first grants last year.
Where are investors placing their bets next year? AI, AI, AI.
Investors at TechCrunch Disrupt explained their focus on artificial intelligence and offered advice to founders on how to stand out in a crowded AI field.
Cursor continues acquisition Spree with Graphite deal
Graphite is an AI code review assistant that was last valued at $290 million.
Elon Musk’s $56B Tesla pay package restored by Delaware Supreme Court
The decision brings to a close a years-long court battle that irked Musk so much he moved Tesla’s incorporation from Delaware to Texas.
Anonymous messaging app NGL was acquired by ‘EarnPhone’ startup Mode Mobile
Given NGL’s track record of dubious growth hacking, this partnership with Mode Mobile seems like a good match.