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Keith Rabois has spent most of his 13-year career in venture capital associated with Khosla Ventures’ longtime home in Menlo Park, California. But that’s changing. Speaking Thursday night at TechCrunch’s StrictlyVC event in New York’s West Village, Rabois confirmed that Khosla Ventures is opening its first-ever office outside Sand Hill Road. The new outpost will…
A number of companies, betting on various architectural approaches, are trying to build the first commercially viable quantum computer capable of significantly outperforming current systems. Oratomic, which entered the race earlier this year with the goal of developing the first utility-scale quantum computer by the end of the decade, said this week that it has…
AI law startup Norm on Tuesday said it has raised $120 million in a Series C funding round led by Khosla Ventures, valuing the almost three-year-old startup at $1.2 billion. Norm has built an AI-native law firm, called Norm Law, that uses the company’s own AI agents, employs human attorneys to supervise them, and offers…
As soon as I entered General Intuition’s R&D floor at its New York office, the company’s 31-year-old co-founder and CEO Pim de Witte directed my attention to a monitor perched on a standing desk. Someone appeared to be playing something like Fortnite. It wasn’t a person. “Our agent has been playing for 100 hours straight,”…
Ethan Thornton dropped out of MIT at 19 to build weapons. The first one, a hydrogen-powered system he prototyped with parts from Home Depot and Amazon, didn’t work out — “hydrogen was just a bad bet in general,” he told me this past week at TechCrunch’s StrictlyVC event in Los Angeles. Three years later, his…
More than three years after the emergence of generative AI, AI-assisted coding remains by far the most popular and lucrative use case for the technology. Although multiple companies — including Anthropic, maker of Claude Code, as well as Cursor and Cognition — are already vying for dominance, investors believe there is room for at least…
Nick Donahue’s parents were in the business of building houses, which means he spent his childhood hearing about the U.S. construction industry. His dad built homes for major developers, and his mom sold to big-box builders across the East Coast. Donahue was particularly interested in why designing a custom home cost a fortune and took…
Fusion power startup Commonwealth Fusion Systems has raised $863 million from a long list of investors that includes Nvidia, Google, Breakthrough Energy Ventures, and more. “We’re continuing our trend here of looking into the world and saying, ‘How do we advance fusion as fast as possible?’” co-founder and CEO Bob Mumgaard told reporters in a…
Venture capitalists have always focused on investing in companies that leverage technology to either disrupt established industries or create entirely new business categories. But some VCs are starting to flip the script on their investing styles. Rather than funding startups, they are acquiring mature businesses –such as call centers, accounting firms, and other professional service…
Enterprises have troves of internal data and information that employees need to complete their tasks or answer questions for potential customers. But that doesn’t mean the right information is easy to find. Onyx wants to solve that problem through its internal enterprise search tool. There are other big names in the category, like Glean —…