Funding rounds, founder strategy and the operating reality of building technology companies. Reporting and analysis from Fathom Tech.
The ChatGPT maker is pursuing a new funding round that would nearly double its valuation, with the Japanese conglomerate SoftBank expected to anchor the investment and help recruit additional backers.
Venture capital has flooded into artificial intelligence startups this year, with $20 billion raised by companies claiming an AI focus, even as the sector remains difficult to define and public market enthusiasm lags behind private funding.
A veteran operator reconsiders whether dual leadership at the top is fundamentally flawed or simply misapplied. The answer depends entirely on the founders' motivations.
A digital mapping company in Montana and a vacation rental platform in Washington demonstrate that venture capital and innovation are increasingly finding their way to regions far from Silicon Valley.