Bloomberg Technology
A-Star: Small Bets Still Crucial for VC-Style Returns
A-Star co-founder and General Partner Bennett Siegel says the firm is able to make outsized returns because of its commitment to writing smaller checks to a limited group of early-stage startups. A-Star raised $450 million, which may be dwarfed by the latest fund from larger competitors, but Siegel says his firm is sticking to its…
Bloomberg Technology
OpenAI Helped Find Potentially Catastrophic Cyber Flaw
OpenAI’s model helped identify a potentially catastrophic cybersecurity vulnerability in a programming language that runs millions of websites and applications. Greg Brockman, president of OpenAI, and Matthew Prince, CEO of Cloudflare — which helped protect websites before the flaw was publicly exposed — join Ed Ludlow on “Bloomberg Tech” to explain how AI is empowering…
Bloomberg Technology
Meta Makes Share Deal to Keep Zuckerberg in California
Meta says it will issue a new class of shares as part of a plan to keep CEO Mark Zuckerberg in California if a proposed wealth tax is passed and potentially help fund growth. The credit risk hit a record high after Meta laid out plans to boost AI spending. Alison Porter, portfolio manager for…
Bloomberg Technology
Tesla Shareholders Likely to Demand a Premium: New Street’s Harwood
Tesla investors are likely to demand a premium in a possible merger with SpaceX, says Ben Harwood, New Street Research senior analyst for technology and space infrastructure. Harwood discusses the synergies he sees between Tesla and SpaceX and why demand for Tesla’s full self-driving shows the company has momentum to keep profits growing. ——– Like…
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OpenAI Helped Find Potentially Catastrophic Cyber Flaw
Meta Makes Share Deal to Keep Zuckerberg in California
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