Natasha Mascarenhas

Former Walt Disney Co. Chief Executive Officer Bob Iger and Thrive Capital founder Joshua Kushner have hired investment bankers and discussed making a bid for the National Basketball Association expansion team in Las Vegas, according to people familiar with their plans.

Two leading artificial intelligence researchers at Alphabet Inc.’s Google are planning to leave for rival Anthropic PBC, according to people familiar with the matter, adding to a series of high-profile departures that risk undercutting the search giant’s position in AI.

Bob Iger Joshua Kushner Pursuing Bid For NBA Expansion Team In Las Vegas - RealGM Wiretap

Erebor Bank is in talks to raise funds at a valuation of at least $8 billion, as deposits grow rapidly at the politically connected startup that received its bank charter only five months ago.

ElevenLabs has held early talks with investors to let employees sell shares in a secondary offering that would value the artificial intelligence startup at roughly $22 billion, according to people familiar with the matter.

AI chip startup Positron is in talks to raise about $750 million in financing during a round with two phases, part of a groundswell of companies looking to compete with Nvidia Corp.

Mercor, a startup that helps improve artificial intelligence models with rich specialized data, is discussing raising new funds at a roughly $20 billion valuation, according to people familiar with the matter.

Early OpenAI backer Khosla Ventures is discussing raising as much as $5.5 billion for its latest set of venture investment funds, a haul that would amount to its largest fundraising event in its two-decade history, according to people familiar with the matter.

AI robotics startup Genesis AI is in talks with investors to raise around $500 million in a new funding round, according to people familiar with the efforts.

(Bloomberg) -- Situational Awareness tried selling some of its stakes in privately held companies as it rushed to raise cash to meet a barrage of margin calls from its lenders this week.