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The Latest Breaking News from Silicon Valley

Beyond GPS: Xona Raises $92M to Revolutionize Global Positioning with Pulsar Constellation

Satellite navigation startup Xona Space Systems has secured $92 million in new funding through a Series B offering. The latest tranche brings the Silicon Valley venture's total funding to over $150 million. The company wants to use the new capital to accelerate the transition from research and development to delivery…

Benzinga

Billionaire Tim Draper Says His Son Beat Him To 'The Best Investment Of The Decade': 'My Son's Returns Solidly Beat My Own'

Billionaire Tim Draper has revealed some new lore about "the first family of Silicon Valley."

Benzinga

Apple emerges as frontrunner for Formula 1’s US media rights with $150 million bid

Apple is going all-in on Formula 1. Weeks after the ‘F1’ movie became the company’s biggest box office smash, the Silicon Valley giant has reportedly submitted a blockbuster bid for the U.S. media rights to stream Formula 1 races starting in 2026.

Autosport

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Apple new frontrunner for F1 streaming rights over ESPN in U.S.

Motorsport

Pro-Trump super PAC refuses Silicon Valley money in war against Musk’s America Party

We don't want your money.

We Got This Covered

Peter Thiel 'Red-Pilled' Elon Musk, Mark Zuckerberg And Silicon Valley's Elite At Critical Turning Points, Says Researcher Tracking Founders Fund's Influence

Venture capitalist Peter Thiel wielded significant influence over prominent tech leaders, including Meta Platforms Inc. (NASDAQ:META) CEO Mark Zuckerberg and Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk at critical junctures in their careers, according to a researcher tracking Founders Fund‘s broader impact on Silicon Valley.

Benzinga

Nvidia Rival Groq Reportedly Eyes $6 Billion Valuation, Cisco And Samsung-Backed Company Looks To Double Valuation Amid Surging AI Chip Demand

On Wednesday, Nvidia Corporation (NASDAQ:NVDA) briefly hit $4 trillion market cap. Meanwhile, its rival Silicon Valley startup Groq is reportedly aiming to raise fresh capital at a $6 billion valuation to fulfill a major Saudi contract.

Benzinga

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Ex-OpenAI Exec Mira Murati's New Startup Offers $500,000 Salaries As Meta And Sam Altman Fight To Keep AI Talent

Mira Murati, the former chief technology officer of OpenAI, is leading one of Silicon Valley's new ventures, and she's putting her money where her mouth is. After leaving OpenAI in late 2023, Murati quietly launched Thinking Machines Lab, an AI company that's already causing waves, Business Insider reports.

Benzinga

Sam Altman slams Democratic Party, declares himself 'politically homeless' in another sign of Silicon Valley shifting right

“I’m not big on identities, but I am extremely proud to be American,” Altman wrote, calling for a renewed emphasis on "techno-capitalism."

Fortune

The fireworks between D.C. and Silicon Valley are just starting

As some startup and venture insiders cheered the Trump tax and spending bill, Elon Musk declared war on the political establishment.

Fortune

As Elon Musk's Rift With Donald Trump Deepens, Former Google Executive Says MAGA And Tech World Can't Thrive Without Each Other

As Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk continues to slam Donald Trump's "Big Beautiful Bill," the All-In Podcast panelists, including David Friedberg and Chamath Palihapitiya, caution that escalating tensions between MAGA and Silicon Valley could destabilize both political and technological progress.

Benzinga

An engineer was caught secretly working for multiple Silicon Valley startups at once

The saga began on Wednesday when the engineer started going viral on social media as startup founders discovered he had worked for multiple companies.

Fortune

Microsoft Slashes 9,000 Jobs While Mark Zuckerberg's Meta Poaches $20 Million Worth Of AI Talent From OpenAI: Investor Warns Of 'Jealousy, Envy, And Helplessness' Among Tech Workers In Silicon Valley

Microsoft Corp. (NASDAQ:MSFT) cut 9,000 jobs in its second 2025 layoff round while Meta Platforms Inc. (NASDAQ:META) and OpenAI ignite a talent war with compensation packages reaching $20 million annually, creating stark contrasts in Silicon Valley’s artificial intelligence landscape.

Benzinga

Mark Zuckerberg Suggested AI Avatars Could Be Your Friends, Hinge Founder Justin McLeod Says Meta CEO Is 'Playing With Fire'

Hinge founder Justin McLeod says Silicon Valley's push to offer artificial-intelligence “friends” risks worsening, not curing, the loneliness crisis and likened Mark Zuckerberg's vision of AI companionship to eating junk food.

Benzinga

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International Business Times UK

Who Is Julie Inman Grant? eSafety Boss Who Thinks YouTube Should Be Banned, Plus What She Thinks Of Elon Musk

Grant is known for introducing strong policies related to social media in Australia; however, she has recently made headlines for her opinion on some of the biggest tech giants in Silicon Valley.

Benzinga

Nvidia Makes 4x Intel's Revenue—But Commands Half The Forward Valuation

In the battle of Silicon Valley titans, Nvidia Corp (NASDAQ:NVDA) is leaving Intel Corp (NASDAQ:INTC) in the dust – on both the income statement and the stock chart.

Fortune

Melinda French Gates says some tech titans siding with Trump are doing 'what some comms person' tells them to do instead of living by their values

"We, of all times right now, should be living those values out, not pivoting to what some comms person tells us is the right thing to do. That would be ridiculous," French Gates said.

Fortune

25-year-old who delivered donuts to Silicon Valley bosses with his resume hidden inside is going viral—as millions of unemployed Gen Zers are desperate for job-hunting hacks

With millions of Gen Zers unemployed and AI killing entry-level jobs, one creative resume hack from 2016 is going viral again.

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Fortune

OpenAI chairman reveals the rocket ship mantra from Google’s ex-CEO Eric Schmidt that has inspired his career

The tech executive’s held top roles at OpenAI, Salesforce, and Twitter. Learning to embrace opportunity among tough situations—like dealing with Elon Musk—have helped him find success.

The Independent UK

Homeless people could be arrested after refusing three offers of shelter in Silicon Valley city

The City Council of San Jose, California, is voting on a controversial proposal that would make homeless people eligible for arrest if they reject three offers of housing

We Got This Covered

‘Let’s hug and make up’: Musk deletes Epstein tweet as Trump allies try to patch things up behind closed doors

But can they go back to how things were?

Fortune

From Silicon Valley to the Pentagon: Big AI is going full Beltway

In Washington’s new AI universe, national security and corporate AI ambitions are fusing—reshaping policy, procurement, and the global balance of power.

Fortune

From 'chunky numbers' to 'Decel': The ultimate guide to translating Mountainhead's insufferable Silicon Valley lingo

Jesse Armstrong’s new opus about the super-rich relishes in business world jargon.

International Business Times

Why Marina Mogilko's 'Silicon Valley Girl' Podcast Is Exactly What the Innovation Economy Needs Right Now

Silicon Valley Girl will be available on major podcast platforms starting June 4th. New episodes will be released weekly.

International Business Times

Generative AI's Most Prominent Skeptic Doubles Down

Two and a half years since ChatGPT rocked the world, scientist and writer Gary Marcus still remains generative artificial intelligence's great skeptic, playing a counter-narrative to Silicon Valley's AI true believers.

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