The Latest Breaking News from Silicon Valley

Silicon Valley trades researchers like football teams poach players

Big tech is offering athlete-level pay to lure AI researchers in a high-stakes race for dominance

The Guardian - US · Jul 22, 2025

Palmer Luckey Once Brutally Bashed Silicon Valley's Obsession With Easy Cash: 'All The Money Went To Paying People To Do Things That Were A Waste Of Time'

In a conversation last year, defense tech entrepreneur Palmer Luckey criticized Silicon Valley's obsession with "easy money" ventures, saying a tighter funding environment is finally forcing founders to solve real-world problems.

Benzinga · Jul 22, 2025

Nine households control 15% of wealth in Silicon Valley as inequality widens

Report finds wealth divide widened in Silicon Valley at double the rate of the whole US over the past decade

The Guardian - US · Jul 21, 2025

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 · Jul 15, 2025

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 · Jul 11, 2025

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

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.

Motorsport · Jul 11, 2025

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 · Jul 11, 2025

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 · Jul 10, 2025

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 · Jul 10, 2025

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 · Jul 9, 2025