Private company shutdowns jump compared with last year despite AI funding frenzy, threatening millions of jobs at VC-backed firms
Early backer of artificial intelligence pioneers has raised largest fund of its kind
Early exits for hotly-tipped companies including Inflection and Character. AI highlight challenge for founders as costs rise
VC funding points to capital returning to Europe as interest in region grows
Plus, the grand life of tech dealmaker Sandy Robertson and the shortfall plaguing Ohio’s $94bn pension fund
The funding, which was co-led by Peter Thiel’s VC firm, will go towards production of autonomous weapons for America and allies
Company raises $640mn from investors including BlackRock and brings in Meta AI scientist Yann LeCun as adviser
SoLo Funds lets borrowers set their own flat fees but consumer authorities want it to state costs as a yearly interest rate
A big overhang of ageing — and unsold — private tech companies has developed
Morgan Stanley, JPMorgan and Goldman Sachs set to secure top roles on fintech’s potential offering
Deal would be rare bright spot for investors who have struggled to return money to backers in recent years
Silicon Valley chipmaker has invested in more than 40 Chinese start-ups while also receiving billions in US grants
Yuri Milner’s DST Global takes stake at $17bn valuation in rare investment from overseas after China’s tech crackdown
Incubator Flagship Pioneering plans to finance and launch array of companies using AI for pharmaceutical development
Venture capital firm has poured more than half of its recent investments into artificial intelligence
Neil Shen’s HongShan creates renminbi vehicle with more scope to invest in sensitive technologies than previous $9bn fund
Silicon Valley investors Accel and Lightspeed part of latest fundraising round talks that would raise almost $500mn
Head of €1bn Nato fund says geopolitical tensions and conflicts are pushing the region to catch up fast with the US
Move is a sign of how traditional investment models are under threat by a challenging VC environment
Markets and technology matter, says the VC veteran, but people are the decisive factor in choosing investments
Launch highlights growth of venture philanthropy to boost search for treatments and cures
Start-up stakes are being sold to American investors in anticipation of Washington restricting foreign ownership
Private capital group spots opportunity to purchase discounted holdings from investors seeking exits
Early Spotify backer Creandum raises €500mn in ‘record time’ as venture capitalists predict return to growth this year
Returns for me; not for thee
