Megadeals took 87.5% of US venture dollars, and the rest of the market is priced by vintage
PitchBook published its Q2 US VC Valuations report on 10 August. Megadeals took 87.5% of the dollars deployed in the first half of 2026. PitchBook
Category: Tech
Thrive Holdings, A.I.-Focused Buyer of Service Firms, Raises $2 Billion
The company, Thrive Holdings, acquires businesses to infuse them with artificial intelligence and drew interest from backers like SoftBank.
Foxconn now makes more money from AI servers than from everything else combined
Foxconn crossed a line this quarter that it will not cross back. Its cloud and networking division, the one that builds AI servers, made up
‘It’s still day zero’: Lovable is worth $13.3bn, and the EU just became a shareholder
Lovable is worth $13.3bn and its revenue is tripling. The interesting name on the cheque is the European Union. Lovable has raised $400m at a
Nvidia calms its own credit market after Jensen Huang clarifies the $500bn financing plan
The chipmaker’s credit-default swaps had spiked to a record on fears of circular financing. They eased once Jensen Huang recast the plan as other people’s
French media ask the competition watchdog to make Google pay for its AI answers
French media have asked the country’s competition authority to rein in Google’s use of artificial intelligence, filing a complaint that seeks to put a price
DEF CON crowd suspected in fake-hotspot attack on Delta flight
On Monday, passengers aboard Delta flight 591 going from Las Vegas to Atlanta allegedly spoofed the onboard Wi-Fi, raising the attention of federal law enforcement.
Trump wants Big Pharma to split MMR vaccine; Big Pharma thinks it’s idiotic
Backlash to Trump’s vaccine order on Monday has been swift and sharp, with various public health and medical organizations and independent experts calling it “dangerous,”
Italian scientists ready a new solar instrument for a make-or-break eclipse test
Italian researchers have packed up a new solar instrument, driven it carefully across the continent by road rather than risk it in an aircraft hold
Nvidia stopped funding the AI boom alone, Saudi banks cannot fund theirs, and 500 US towns have banned the buildings
Nvidia said on Monday it would partner with six of the largest names in private capital to finance AI infrastructure through vehicles worth more
Tesla emptied its share of California’s new EV rebate in five days
Tesla exhausted its share of California’s MyFirstEV rebate between August 3 and August 8. The $50,000 price cap is waived for California-headquartered EV-only makers like
Meta and TikTok agree to fact-check border content after Ceuta tragedy
Meta and TikTok have agreed to fact-check content about Spain’s border crossings, a voluntary commitment brokered by Brussels after a catastrophe that showed how quickly
How I used guilt as a motivator for good
How I used guilt as a motivator for good its-surya Fri, 04/28/2023 – 03:00 Recently, I was asked by a friend and colleague if I
3 key open source challenges in developing countries
3 key open source challenges in developing countries Ahmed Sobeh Thu, 04/27/2023 – 03:00 When I go back home and talk to people in the