Does it make sense to back rival language model companies Anthropic and OpenAI (and Cohere and Mistral)? Some investors seem to think so, taking an approach to startup investing that looks a little like buying an index fund with an array of tech stocks.Last week my colleagues and I broke the news that Sequoia Capital was among the investors in a new...

Today we report on more signs that investor appetite for creator economy startups seems to be returning. The latest example: newsletter publishing startup Beehiiv on Tuesday announced it closed $33 million in Series B funding led by NEA earlier this month. Existing investors such as Lightspeed Venture Partners also joined the round.  The deal extends...

I was catching up with the new AI Index Report from Stanford’s Human-Centered Artificial Intelligence Institute when one section caught my eye. That was a forecast that we’ll likely run out of high-quality language data needed for train AI models sometime this year.That’s a worrying timeline. So far, AI companies have improved their large language models...

Google has agreed to pay Wall Street Journal owner News Corp between $5 million and $6 million annually to fund the news organization's development of new artificial intelligence–related content and products, according to a News Corp staffer and another person close to the deal. The new and previously unreported arrangement follows Google’s recent termination...

Frustrated by falling sales and the pace of layoffs carried out by his lieutenants, Tesla CEO Elon Musk is thinning his senior management team and laying off hundreds more employees. In an email late Monday to senior Tesla executives, Musk said Rebecca Tinucci, senior director of the company’s Supercharger group and Daniel Ho, head of new products,...

Maybe Elon Musk should visit China more often. Today’s 15% rally in Tesla stock follows his quick visit there on Sunday (which incidentally also confirmed his statement last week that his seven-day-a-week work schedule means he rarely takes even Sunday afternoons off). The big news that came out of the visit, according to Bloomberg, was that Tesla got...