a16z partner Kofi Ampadu to leave firm after TxO program pause

Ampadu’s departure perhaps signals the end of the TxO chapter. The fund and program focused on supporting underserved founders by providing access to tech networks and investment capital through a donor-advised fund. ​Ampadu’s departure perhaps signals the end of the TxO chapter. The fund and program focused on supporting underserved founders by providing access to … Read more

A peek inside Physical Intelligence, the startup building Silicon Valley’s buzziest robot brains

If co-founder Lachy Groom has any doubts, he doesn’t show it. He’s working with people who’ve been working on this problem for decades and who believe the timing is finally right, which is all he needs to know. ​If co-founder Lachy Groom has any doubts, he doesn’t show it. He’s working with people who’ve been … Read more

SpaceX seeks federal approval to launch 1 million solar-powered satellite data centers

SpaceX’s filing claims these satellites will be “a first step towards becoming a Kardashev II-level civilization — one that can harness the Sun’s full power.” ​SpaceX’s filing claims these satellites will be “a first step towards becoming a Kardashev II-level civilization — one that can harness the Sun’s full power.” 

Uber is literally in the driver’s seat when it comes to AV bets

Self-driving truck startup Waabi’s billion-dollar fundraise isn’t just about trucks.   The deal, for $750 million up front plus another $250 million from Uber tied to deployment milestones, marks a major expansion into robotaxis for the company founded by former Uber AI chief Raquel Urtasun. It also feels like another chip from Uber on the autonomous vehicle roulette table. With more … Read more

SpaceX’s IPO could open the floodgates — and secondaries are booming in the meantime

To unpack what SpaceX’s IPO chatter means, how private liquidity works before a debut, and what investors are looking for in today’s pre-IPO giants, we spoke with Greg Martin, managing director at Rainmaker Securities, a broker-dealer specializing in secondary share transactions for late-stage private companies. ​To unpack what SpaceX’s IPO chatter means, how private liquidity … Read more