What does it mean when Uncle Sam is one of your biggest shareholders? Chip startup xLight is about to find out

What does it mean when Uncle Sam is one of your biggest shareholders? Chip startup xLight is about to find out

The Trump administration has agreed to inject up to $150 million into xLight, a semiconductor startup developing advanced chip-making technology, marking the third time the U.S. government has taken an equity position in a private startup and further expanding a controversial strategy that has put Washington on the cap tables of American companies. The Wall…

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ChatGPT launched three years ago today

ChatGPT launched three years ago today

On November 30, 2022, OpenAI introduced a new product to the world, innocuously describing it as “a model called ChatGPT which interacts in a conversational way.” It’s no hyperbole to suggest that ChatGPT subsequently transformed the worlds of business and tech, becoming enormously popular — it’s still in the number one spot on Apple’s free…

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Supabase hit B by turning down million-dollar contracts. Here’s why.

Supabase hit $5B by turning down million-dollar contracts. Here’s why.

Vibe coding has taken the tech industry by storm, and it’s not just the Lovables and Replits of the world that are winning. The startups building the infrastructure behind them are cashing in too.  Supabase, the open-source database platform that’s become the backend of choice for the vibe-coding world, raised $100 million at a $5 billion valuation just months after closing $200 million at $2 billion. But co-founder and CEO…

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