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The Latest Breaking News from Andreessen Horowitz

SpaceX Offers AI Coding Startup Cursor $60B to Save Elon Musk's Failing xAI Software

SpaceX plans to acquire AI startup Cursor for $50 billion, aiming to enhance its software division and compete with industry rivals. The deal highlights Musk's commitment to advancing AI technology.

International Business Times UK

A16z’s Ben Horowitz sees ‘AI anxiety’ consuming Silicon Valley founders. Workers’ fear of something else is killing adoption

A16z’s Ben Horowitz sees ‘AI anxiety’ consuming Silicon Valley founders. Workers’ fear of something else is killing adoption

The a16z cofounder said the “laws of physics” have changed for founders—and “AI anxiety” is real. Workers are experiencing something much darker.

1,100 Phones, Zero Humans: Inside the Hack That Exposed TikTok's Shadow Ad Machine

1,100 Phones, Zero Humans: Inside the Hack That Exposed TikTok's Shadow Ad Machine

A security breach at the a16z-backed startup Doublespeed has exposed a massive phone farm used to flood TikTok with AI-generated influencers.

International Business Times UK

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Stuut raises $29.5 million Series A led by Andreessen Horowitz to automate accounts receivable

Stuut has raised a $29.5 million Series A, led by Andreessen Horowitz, Fortune has exclusively learned.

AI politics breaks into a New York congressional race — and signals more fights to come

A $100 million pro-AI super PAC, backed by Andreessen Horowitz and OpenAI president Greg Brockman, has found its first target.

The Forced Sale of TikTok Is Crony Capitalist at the Core

Forcing the sale of a social media company for political reasons was always going to be a power grab for the White House—whether its occupant was Democratic or Republican.

ElevenLabs CEO Mati Staniszewski Reveals Why He Interviews Every Hire Even As Startup Passes $200 Million Revenue And $6.6 Billion Valuation

Mati Staniszewski still personally interviews every hire alongside his co-founder, Piotr Dąbkowski, even as ElevenLabs scales up to 400 employees, he said on the “20VC with Harry Stebbings” podcast published Sept. 7. This hands-on approach, according to Staniszewski, has helped the company outperform tech giants like OpenAI in voice AI…

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OpenAI’s president and Andreessen Horowitz are helping lead a $100 million Silicon Valley push against tougher AI laws and the lawmakers behind them

OpenAI’s president and Andreessen Horowitz are helping lead a $100 million Silicon Valley push against tougher AI laws and the lawmakers behind them

The organization will support politicians who are friendly to AI “innovation.”

AI-powered mining firm backed by Gates and Bezos is now worth $2.96 billion as it takes on Chinese rivals

AI-powered mining firm backed by Gates and Bezos is now worth $2.96 billion as it takes on Chinese rivals

Marc Andreessen and Reid Hoffman are among the list of billionaire backers rallying behind AI-powered mining prospect KoBold, with the brand now valued at nearly $3 billion.

Why did China hack the world’s phone networks?

Why did China hack the world’s phone networks?

Salt Typhoon breached dozens of telecoms around the world

The Guardian - US

The riddle of the BeReal deal

The riddle of the BeReal deal

It may not exactly be the venture exit of, say, investor Andreessen Horowitz’s dreams. But keep in mind that BeReal’s peak valuation in 2022 was $600 million, which makes this…a pretty good outcome.

Tech venture capital titan Andreessen Horowitz raises $7.2 billion

Tech venture capital titan Andreessen Horowitz raises $7.2 billion

More than half of the money spread across five funds is dedicated to a "growth" strategy for late-stage startups, possibly bringing new life to a moribund trend of young companies being bought or going public with offerings of stock.

Tech Venture Capital Titan Andreessen Horowitz Raises $7.2 Bn

Tech Venture Capital Titan Andreessen Horowitz Raises $7.2 Bn

Silicon Valley venture capital star Andreessen Horowitz said Tuesday it had raised $7.2 billion to invest in startups behind games, apps, artificial intelligence and more.

International Business Times

Paradigm Reportedly In Talks To Raise Up To $850M For Crypto Venture Fund

Paradigm Reportedly In Talks To Raise Up To $850M For Crypto Venture Fund

Paradigm, which invested $278 million into the collapsed FTX, is reportedly in talks to raise up to $850 million for a new crypto fund that could further propel the web3 ecosystem forward.

International Business Times

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Tribune News Service

Bay Area food delivery service wants to go the distance for customers who wait

LOS GATOS, California — Jonathan Friedland wondered why his favorite local bakery, Manresa Bread, wasn’t using food-delivery services such as DoorDash or Uber Eats, especially during a pandemic shutdown that kept customers home.

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