AI has brought the startup world the rise of a new phenomenon: startups that almost instantly hit multimillion-dollar ARR (annual recurring revenue). Stories abound of founders going from zero to $10 million, or as much as $100 million, in annual recurring revenue in a matter of months. To be fair, …

With OpenAI on the verge of finalizing a new $100 billion round, and Anthropic just closing its own monster $30 billion raise, one thing is clear: The concept of investor “loyalty” is only hanging on by a thread. At least a dozen direct investors in OpenAI were announced as backers …

Quantum computing will not be replacing supercomputers in 2026, let alone reaching industrial scale. And yet, investor appetite for companies pursuing the elusive quantum advantage hasn’t dwindled — it has increased. Quantonation Ventures, a venture firm investing in quantum and physics-based startups, has closed its oversubscribed second fund at €220 …

For nearly three decades, Bill Gurley has been among of the most influential voices in Silicon Valley — a general partner at Benchmark whose early bets on companies like Uber, Zillow, and Stitch Fix helped define what modern venture capital looks like. Now, having moved to Austin and stepped back …

If you work in tech, Wired’s new cover story isn’t exactly going to shatter your worldview, but it’s a genuinely great read all the same. Reporter Zoë Bernard spent months talking to 51 people (31 of them gay men) to map out a subculture that’s been an open secret in …