On March 16, Fidji Simo, OpenAI’s chief of applications, held an all-hands meeting with employees to preview a significant strategic shift. The Wall Street Journal, which reviewed a transcript of the meeting, reported that Simo told staff the company needed to stop being distracted by “side quests” and pivot aggressively toward coding and business users. Reuters confirmed that senior executives including CEO Sam Altman and chief research officer Mark Chen are actively determining which product lines to deprioritize, with staff notifications expected in the coming weeks.
A $4.7 billion portfolio — spanning Anthropic, Solana, Robinhood, SpaceX and Sui — would be worth an estimated $52.5 billion today. Creditors got cents on the dollar instead.
The Sequoia Capital co-steward argues that consistent compounding, not a lack of imagination, is the primary reason investors have chronically underestimated how large technology companies can become.
Jensen Huang Named 103 Companies His ‘AI Natives’ at GTC 2026. Here Is Every Single One.
A senior investor at Coatue Management, the $70 billion technology-focused asset manager, lays out the case for why AI is already generating real revenue, why retail investors changed markets forever, and where the next wave of disruption will land.
Venture capitalist Chamath Palihapitiya argues that accelerating AI disruption could compress equity valuations across entire markets, threatening the valuation architecture that has governed capital allocation for a century.
Meet the 21 most promising startups from Y Combinator’s latest batch, building infrastructure for AI agents, cybersecurity, biotech, hardware and even lunar habitats.
The AngelList co-founder’s post inverting Marc Andreessen’s fifteen-year-old thesis arrived just weeks before Wall Street triggered what analysts are calling the SaaSpocalypse, a selloff that wiped more than a trillion dollars from enterprise software …
After quietly building a physical-AI business with thousands of employees since leaving Uber in 2017, the co-founder rebrands City Storage Systems and sets his sights on food, mining, and autonomous transport.
How a new startup plans to power satellites with lasers. A new class of ultrafast AI chips also uses lasers. And startup Axiomatic AI is building better AI models for science and engineering.