Katie Roof

When Unilever last week announced its $1.2 billion acquisition of Grüns, a three-year-old brand of gummy vitamins, I had a flashback to a decade ago when Unilever bought Dollar Shave Club for almost the same price. That earlier deal marked the heyday of venture-backed consumer exits, which have ...

Anthropic has received investment interest at a valuation above $900 billion, according to a person familiar with the matter. An investment at that level would more than double a February valuation of $380 billion. However, the company has not formally started a fundraise, said the person and a second. Bloomberg first reported that Anthropic has received investment interest and the news report

How soon is too soon to raise a new funding round?I’ve been covering venture capital long enough (more than a decade!) to remember that the hottest startups used to raise financing every 12-18 months. Then it was 9-12 months. Then 6-9 months. And now…two months? Two weeks?Recently, a wave of ...

Anthropic is in advanced talks to acquire developer tools startup Stainless for at least $300 million, according to a person with knowledge of the deal. The four-year-old Stainless sells software to model makers including Anthropic, OpenAI and Google that helps developers, non-technical people ...

Over the last decade, there were times when Cerebras investors could be forgiven for losing hope. The company, which was attempting the difficult and expensive task of developing an alternative to Nvidia’s graphics processing units, didn’t deliver its first chips until five years into its ...

Earlier this morning we published exclusive returnson some of the biggest investors in AI chip designer Cerebras, whose shares surged in their first day of trading. The offering represents welcome cash for investors after they’ve seen initial public offerings get delayed year after year.Tiger ...

On Wednesday, right before SpaceX dropped its long-awaited S-1, the company led by Musk adversary Sam Altman had some IPO news of its own: OpenAI was planning to file its IPO prospectus within weeks.The news not only took some of the spotlight away from SpaceX’s upcoming public debut, but also ...

AI startup Baseten has recently been in talks with investors to raise $1 billion at an $11 billion valuation including the money, according to a person with knowledge of the fundraise. That would more than double the company’s $5 billion valuation from its last round, which was announced just ...

Khosla Ventures partner Ethan Choi, a leader of the early-stage firm’s investments in mature startups like cloud provider Vercel, is leaving to launch a new venture firm. The new firm, called Atomus, is in the process of raising a new venture fund of at least $500 million, according to a person ...