money

Elon Musk says SpaceX’s blockbuster listing has probably made thousands of his employees millionaires. Asked on The Sean Hannity Show about a former welder whose stock topped $1m, he said the story was far from unique. “It’s not just one welder, it’s several thousand people who were working on the production line,” Musk said, adding […]

Ollama has raised a $65M Series B led by Theory Ventures. Benchmark, 8VC, Y Combinator and others joined. The round takes the company’s total funding to $88M, three years after it launched, and Ollama set out the plan in a blog post on Thursday. Founder and chief executive Jeff Morgan gave the details to TechCrunch, […]

Jeff Bezos is opening Blue Origin to outside money at last, in a round that values the rocket firm at $130 billion, CNBC reports. It follows Elon Musk’s record SpaceX IPO and pits the two space fortunes against each other again. Blue Origin is raising outside capital for the first time. Jeff Bezos’s rocket company […]

The last wave of AI learned to describe the world. The next needs to learn how the world pushes back. A Cambridge startup thinks the answer hides inside video games. Worldmodeldata has raised £7m (€8m) to turn gameplay into AI training data, Tech Funding News reported. London’s Iona Star Capital led the seed round. Lord […]

Silicon Valley’s wealthiest are spending heavily to stop California’s proposed billionaire tax, according to a Business Insider tally of campaign filings. Opponents have poured more than $120m into sinking or blunting the measure, roughly four times the $31m raised by its union backers. Proposition 40 would impose a one-time 5% tax on residents and trusts worth over […]

Salesforce led the Series A, which 8090 announced this week. The pitch behind it is blunt. AI can already write code. The hard part is stopping enterprise software from falling apart as dozens of agents and engineers change it every week. TechCrunch first reported the round, and the company confirmed the details. The investor list […]