Sequoia bets on silence

There is a time-honored crisis management strategy, wherein one says nothing and waits for the outrage to pass. For Sequoia Capital, the strategy worked pretty well this week. While partner Shaun Maguire initially weathered criticism over an inflammatory social media post, that initial indignation cooled quickly. Now, some seem to think that Maguire’s defiant stance […]

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OpenAI delays the release of its open model, again

OpenAI CEO Sam Altman said Friday the company is delaying the release of its open model indefinitely.

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Google hires Windsurf CEO Varun Mohan, others in latest AI talent deal

Google wants its AI models to become bigger in coding. It has now hired the CEO of one of the top startups in that area.

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Robinhood is up 160% this year, but several obstacles are ahead

Robinhood faces fresh pressure from a Florida investigation and regulatory scrutiny of the company’s OpenAI and SpaceX tokenized stock products.

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Rocket maker Firefly Aerospace files to go public under ticker FLY

Rocket maker Firefly Aerospace filed for an initial public offering on Friday, with plans to trade under the ticker symbol “FLY” on the Nasdaq.

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Windsurf’s CEO goes to Google; OpenAI’s acquisition falls apart

Notably, Google is not taking a stake in Windsurf and will not have any control over the company.

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Firefly Aerospace files for an IPO

Firefly is heading into the initial public offering with $176.9 million in cash and cash equivalents. And while it has incurred negative cash flows and losses from operations, Firefly projected that its cash is adequate to meet its liquidity needs for at least 12 months.

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Bill Gates says Trump’s cuts to USAID are devastating: ‘It’s not too late to reverse them’

Gates is reacting to Trump’s cutbacks affecting a longtime partner of the nonprofit Gates Foundation.

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Firefly Space files for an IPO

Firefly Space has filed for a initial public offering.

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Can an ‘ethical’ spyware maker justify providing its tech to ICE?

Analysis: In calling itself an ethical spyware vendor, Paragon has opened itself up to scrutiny of its government customers.

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