Former OpenAI researcher to raise $500 million for AI science startup
Periodic Labs, which plans to push breakthroughs in physics and chemistry using artificial intelligence, has seen its valuation jump sixfold in just eight months.
Iain Martin, Forbes Staff
Abu Dhabi’s hidden stake in one of venture capital’s biggest players
A workplace lawsuit has opened the lid on the little-known ownership structure of Insight Partners, an investor in OpenAI and Anthropic: It is now partially owned by the government of Abu Dhabi.
Inside the race to sell OnlyFans
OnlyFans has been a money-printing machine for its secretive billionaire owner Leonid Radvinsky. Investors were puzzled by an obscure debt fund’s pitch to buy him out, until they learned of his terminal cancer diagnosis.
How Jeffrey Epstein helped his publicist become a big-time venture capitalist
Masha Bucher is one of the more high profile female VCs in Silicon Valley. New emails released from the Department of Justice reveal a deep, years long relationship with convicted sex trafficker Jeffrey Epstein.
Revolut billionaire CEO is the latest ultra-wealthy founder to leave London. Here’s why
Revolut cofounder Nik Storonsky is the latest billionaire to shift their residence away from the U.K. after the British government scrapped a generous tax break
Hundreds of Anthropic chatbot transcripts showed up in Google search
People’s conversations with Claude began popping up in Google search results — just like what happened with ChatGPT and Grok. They’ve now disappeared.
How an AI notetaker became one of the few profitable AI startups
Nathan Xu’s Plaud has sold more than 1 million AI recording devices that transcribe and summarize the busy days of doctors, lawyers and business people.
OnlyFans billionaire’s fortune doubles amid sale talks and $700 million dividend
The owner of the social media subscription site best known for hosting adult content has now earned over $1.8 billion in dividends since buying the website in 2018.
Elon Musk’s xAI published hundreds of thousands of Grok chatbot conversations
xAI published conversations with Grok and made them searchable on Google, including a plan to assassinate Elon Musk and instructions for making fentanyl and bombs.
Vibe coding turned this Swedish AI unicorn into the fastest growing software startup ever
Stockholm-based Lovable has hit over $100 million in annualized revenue in just eight months by using AI to enable millions of non-coders to instantly turn their ideas into websites, apps and online side hustles.