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Elon Musk isn’t the only tech billionaire with power over the federal agencies that regulate his businesses. Since Donald Trump took office, more than three dozen employees, allies, and investors of Musk, Peter Thiel, Marc Andreessen, and Palmer Luckey have taken roles at federal agencies, helping direct billions in contracts to their companies. Companies owned,…
Chapter, a Medicare advisory startup co-founded by former Republican presidential hopeful Vivek Ramaswamy, has closed a $75 million funding round at a valuation of $1.5 billion led by private equity and venture firm Stripes. The startup helps seniors choose Medicare health plans analyzing doctors, hospitals, and prescription drug coverage. Unlike many other Medicare insurance brokers,…
“AI should belong to the community, not controlled by closed-source corporations,” Sentient’s co-founder told Cointelegraph. Sentient, an artificial intelligence development platform backed by Peter Thiel’s Founders Fund, has released an open-source AI search framework that it says outperforms leading closed-source competitors. The company announced the public release of Open Deep Search (ODS) on April 2,…
A four-year-old London startup backed by Peter Thiel has raised a $55 million Series B round as it sets about “fixing the broken clinical trial industry.” The announcement comes as artificial intelligence is shaping up to revolutionize drug discovery and development, in turn spurring demand for a streamlined clinical trial process to help get new…
In 2023, defense tech recruiter Peterson Conway VIII pulled up to the offices of nuclear fusion startup Fuse in a black Suburban, donning his signature cowboy hat. He picked up a recent Fuse hire and proceeded to regale her with stories of his old recruiting days. One story involved prostitutes attending a recruiting event (“not…
Tacora Capital, a Texas firm that specializes in venture debt, has raised $268.7 million for its second fund, according to a new SEC filing. Tacora’s inaugural fund in 2022 raised about $350 million, including $250 million from Peter Thiel — the prominent Republican billionaire and investor — in what was considered an “unusually large investment”…
” Marathon’s first Bitcoin sale in 2 years not the result of distress “ The second largest publicly-listed holder of Bitcoin, crypto mining firm Marathon Digital Holdings has offloaded some of its Bitcoin for the first time in two years. A spokesman told Cointelegraph this was not a result of financial distress. As per a January…
“5 new technologies that could turn our world into ‘Peripheral’” Hit Amazon Prime TV series “The Peripheral,” based on William Gibson’s novel of the same name, depicts a grim planet Earth in the year 2099, when a much-reduced human population relies on artificially intelligent robot servants and virtual-reality headsets allow people to travel back in…
“I was one of Facebook’s first employees and it was very strange – Zuckerberg waved sword at us” An entrepreneur who used to work at Facebook has shared his experience while at the tech giant. Noah Kagan took to TikTok to list the “weirdest” things that happened while he worked for one of the world’s…
“Bill Ackman, Peter Thiel back investment firm taking on ‘woke’ capitalism” Pershing Square Capital boss Bill Ackman and tech billionaire Peter Thiel are among the investors backing an upstart fund that’s aiming to lead a movement against politically influenced “stakeholder capitalism.” Dubbed Strive Asset Management, the fund was founded by pharmaceutical investor Vivek Ramaswamy –…