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The Latest Breaking News from Y Combinator

Famed startup incubator Y Combinator will let founders receive funds in stablecoins

The move is significant since, in the past, generally just crypto VC firms have let startups receive funding in the form of digital assets.

Fortune

Silicon Valley sounds the alarm on deadly Minneapolis shooting. ‘And it’s only a matter of time before they show up in force here in the Bay Area’

“Just the latest in a year of horrors. Is all the crypto and AI money in the world really worth this?”

Fortune

NVIDIA Linked Company to Build First Hotel on The Moon – Social Media Mocks £330k Rooms

An NVIDIA-linked startup plans the first hotel on the Moon, with rooms allegedly costing £330,000, sparking awe, doubt and online mockery.

International Business Times UK

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Y Combinator-Backed Model ML Raises Massive $75M To Kill Junior Banker Grunt Work Forever

AI workflow automation platform Model ML announced on Nov. 24 that it raised $75 million in Series A financing to eliminate the formatting grunt work that haunts junior bankers. The funding comes just six months after its seed round and only 12 months after launch.

Benzinga

Meet 'Chad: The Brainrot IDE,' The Product People Dismissed as a Prank Is Solving One Problem 'Nobody's Talking About': 'This Isn't a Joke'

A new Y Combinator–backed product that people initially thought was deliberately unserious and gimmicky, dubbing it "rage bait" rather than a real tool, has big ambitions for helping developers increase productivity.

Benzinga

Alexis Ohanian ignored Paul Graham’s warning that Reddit’s ‘terrible’ name would be ‘poison’. Now it’s a $38 billion business

“Disregarding that advice was definitely one of the things I got right,” Ohanian said.

Fortune

Meet the power broker of the AI age: OpenAI's 'builder-in-chief' helping to turn Sam Altman's trillion-dollar data center dreams into reality

Greg Brockman is OpenAI's master builder, steering a $1.4 trillion infrastructure buildout with stakes that go far beyond the tech sector.

Fortune

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Reddit’s CEO has just become a billionaire—a staggering 20 years after co-founding the company fresh out of college with $12,000

It’s been exactly two decades since Huffman founded the company in 2005 with friend and college roommate Alexis Ohanian.

Fortune

Reddit Wouldn't Exist If ICE Had Grabbed My Mother, Says Co-Founder Alexis Ohanian: Undocumented Immigrants Can Have 'Pretty Productive' Kids

Reddit Inc. (NYSE:RDDT) co-founder Alexis Ohanian and Y Combinator co-founder Paul Graham are among a growing number of people condemning the Donald Trump administration's 2025 ICE deportation operations.

Benzinga

Exclusive: EvenUp raises $150 million Series E at $2 billion valuation as AI reshapes personal injury law

After getting rejected at least 3 times by Y Combinator, the founders of EvenUp have become legal tech leaders.

Fortune

This multimillionaire once cleaned meat trucks for $7 an hour, but a coffee shop encounter proved 'You're just one move away from changing your life'

Jesse Itzler, who ultimately sold his $5 billion-in-sales private jet business to Warren Buffett, says the world doesn’t reward perfect plans, "it rewards action."

Fortune

Psychedelics Without the Trip? Heavyweights Like Neuralink, Coinbase, Twitch Back AI Startup Developing 'Least Psychedelic Psychedelic' Drug

Mindstate Design Labs is developing drugs that aim to deliver psychedelic benefits without a trip, drawing funding from Y Combinator and the founders of OpenAI, Neuralink, Instacart (NASDAQ:CART), Coinbase (NASDAQ:COIN), and Twitch, according to Wired.

Benzinga

Teen Founders, Tap The Brakes: Paul Graham Says Curiosity Beats Companies In High School — Despite YC Wins With Airbnb, Reddit, And Sam Altman At 19

The co-founder of Silicon Valley’s most influential startup accelerator is delivering a reality check to ambitious teenagers everywhere. Paul Graham, whose Y Combinator has funded giants like Airbnb (NASDAQ:ABNB), Stripe, Dropbox (NASDAQ:DBX), and Reddit (NYSE:RDDT), is warning high schoolers to pump the brakes on their entrepreneurial dreams.

Benzinga

What the rise of ChatGPT mastermind Sam Altman reveals about AI, tech and power

Since dropping out of Stanford University, Sam Altman has become one of the world's most influential tech entrepreneurs – at the helm of OpenAI and its artificial intelligence platform ChatGPT. The author of a new biography of Altman tells RFI what his ascent reveals about AI, Silicon Valley and how…

Radio France Internationale

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Fortune

YC co-founder who backed Airbnb, Dropbox, and Reddit says high school isn’t the time to launch a startup

One of the leaders behind Silicon Valley’s biggest start-ups is advising high school students to embrace learning in class before jumping into their dream business.

Benzinga

Amazon And Microsoft Engineers Quit At 23 To Launch AI Startup Bluejay, Raise $4 Million With Y Combinator And Floodgate

At just 23 years old, Rohan Vasishth and Faraz Siddiqi left jobs at Amazon (NASDAQ:AMZN) and Microsoft (NASDAQ:MSFT) to pursue a risky bet.

MarketBeat

Here's What Separates Oklo From the Rest of the Nuclear Startups

Nuclear stocks are flying high this year. But one pre-revenue startup backed by OpenAI’s Sam Altman could produce enormous gains over the long-term.

Fortune

OpenAI may soon be the most valuable private company—but Sam Altman’s net worth won’t jolt, as the CEO holds no equity and makes just $76,001 a year

OpenAI’s Sam Altman didn’t build his fortune off his modest CEO salary. The tech titan worth $1.9 billion instead made critical early investments in Uber, Airbnb, and Reddit that yielded hundreds of millions of dollars.

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Fortune

Alexandr Wang is now leading Meta’s AI dream team. Will Mark Zuckerberg's big bet pay off?

Tapped by Mark Zuckerberg to lead Meta’s most ambitious AI initiative yet, Scale AI founder Alexandr Wang now oversees a powerhouse team tasked with achieving superintelligence—and outpacing rivals like OpenAI and Google. No pressure.

Fortune

Tech CEO Garry Tan slams college entrepreneurship programs for 'teaching you to lie'—he warns Gen Z students that it could land them in jail

Y Combinator boss Garry Tan warns against the “dangerous” embrace of Sam Bankman-Fried and Elizabeth Holmes by some education programs.

Benzinga

12 Next-Gen AI And Social Startups Backed By Thrive Capital And Y Combinator Shaping 2025: 'We're On The Brink Of Another Big Consumer Wave'

A new wave of AI-driven consumer startups is gaining traction among investors in 2025, with many of these platforms blending artificial intelligence with real-world interaction to reshape how people connect, discover, and build communities, Business Insider reports.

Benzinga

Soham Parekh Accused Of Fooling YC Startups While Working 4 Jobs At Once: Suhail Doshi Says He Faked His Resume, Lied About His Location

Suhail Doshi, founder of Playground AI and analytics platform Mixpanel Inc., publicly accused an Indian software engineer of simultaneously working at multiple startups while allegedly defrauding Y Combinator portfolio companies.

Barchart

People Are Using ‘ChatGPT as This Operating System With Their Whole Lives,’ Says OpenAI CEO Sam Altman

OpenAI CEO Sam Altman discusses the growing trend of integrating AI into daily life, positioning ChatGPT as a central operating system for personal and professional data.

Benzinga

Microsoft CEO Satya Nadella Praises Palantir's FDE Model As 'Fantastic'—Insiders Say It's Not Consulting, It Builds 'The Product Customers Need'

Microsoft Corp. (NASDAQ:MSFT) CEO Satya Nadella called Palantir Technologies Inc.‘s (NASDAQ:PLTR) Forward Deployed Engineer model “fantastic” at a Y Combinator event, prompting industry debate about the data analytics company’s unique approach to product development.

Barchart

‘We Got Very Close to Not Starting OpenAI’: Sam Altman Almost Passed on AI, Says It Was a ‘Pipe Dream’ that ‘Sounded Crazy’

A pivotal decision by Sam Altman to pursue artificial general intelligence (AGI) led to the founding of OpenAI, shaping today’s AI landscape.

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