Tech tariff exemptions are only temporary, according to Trump’s commerce secretary

The tech industry may not be safe from new tariffs, according to U.S. Commerce Secretary Howard Lutnick. The Trump administration announced Friday evening that consumer electronics such as laptops and smartphones would be exempt from the tariffs it unveiled earlier … Continue reading Tech tariff exemptions are only temporary, according to Trump’s commerce secretary

OpenAI co-founder Ilya Sutskever’s Safe Superintelligence reportedly valued at $32B

Safe Superintelligence (SSI), the AI startup led by OpenAI’s co-founder and former chief scientist Ilya Sutskever, has raised an additional $2 billion in funding at a $32 billion valuation, according to the Financial Times. The startup had already raised $1 … Continue reading OpenAI co-founder Ilya Sutskever’s Safe Superintelligence reportedly valued at $32B

Forerunner’s long game: As startups stall before IPO, all options are on the table

Thirteen years ago, Forerunner Ventures began helping to usher in a new era of consumer startups, including Warby Parker, Bonobos, and Glossier. None has gone through a traditional IPO process. Warby Parker was taken public through a special purpose acquisition … Continue reading Forerunner’s long game: As startups stall before IPO, all options are on the table