With Trump VP pick J.D. Vance, Silicon Valley conservatives land a ‘tech bro’ on the ticket

By Alexandra Ulmer and Dawn Chmielewski MILWAUKEE (Reuters) – Donald Trump’s choice of J.D. Vance for a running mate raised the hopes of Silicon Valley conservatives on Tuesday that they […]

AI deals lift US venture capital funding to highest level in two years, data shows

By Krystal Hu (Reuters) – U.S. venture capital funding surged to $55.6 billion in the second quarter, marking the highest quarterly total in two years, according to PitchBook data published […]

Cathie Wood’s Ark announces OpenAI stake, Bloomberg News reports

(Reuters) – Cathie Wood’s Ark Investment Management said it holds a stake in Microsoft-backed OpenAI, Bloomberg News reported on Thursday, citing the company’s mail to its clients. “As of April […]

Cryptoverse: Venture capital still haunted by crypto chaos

By Lisa Pauline Mattackal and Medha Singh (Reuters) – For venture capitalists, the scars of bitcoin’s disastrous 2022 run deep. While breezy bitcoin has bounced back, leaping by about 55% […]

Space tech startups fall out of VC orbit

By Akash Sriram (Reuters) – Space technology startups are being forced to limit their sky-high ambitions, as their venture-capital backers turn to safer bets due to the current economic turmoil, […]