When startups become a family business

When startups become a family business

This season on Build Mode, we’re diving into what it takes to build a world-class founding team. This week we’re exploring different kinds of co-founder dynamics and what it takes to build a startup with your family. Building with a family member or spouse comes with major benefits like built-in trust and an “always-on” mentality, but…

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Chinese brain interface startup Gestala raises M just two months after launch

Chinese brain interface startup Gestala raises $21M just two months after launch

Elon Musk’s Neuralink and OpenAI-backed Merge Labs are pushing forward with brain–computer interface (BCI) technology in the U.S. Meanwhile, Chinese serial entrepreneur Phoenix Peng is building rival efforts through two startups: NeuroXess, which develops implantable BCI systems, and a second company, Gestala, developing non-invasive ultrasound-based BCIs. Gestala has raised $21.6 million (CN¥150 million) just two…

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Anthropic’s Pentagon deal is a cautionary tale for startups chasing federal contracts

Anthropic’s Pentagon deal is a cautionary tale for startups chasing federal contracts

The Pentagon has officially designated Anthropic a supply-chain risk after the two failed to agree on how much control the military should have over its AI models, including its use in autonomous weapons and mass domestic surveillance. As Anthropic’s $200 million contract fell apart, the DoD turned to OpenAI instead, which accepted and then watched ChatGPT uninstalls surge 295%. As the stakes keep rising, the question remains: how much unrestricted…

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Robinhood’s startup fund stumbles in NYSE debut

Robinhood’s startup fund stumbles in NYSE debut

Retail investors are famously locked out of the startup world. Robinhood is attempting to change that by allowing the general public to invest in a portfolio of what it calls “some of the most exciting private companies operating today.” To do this, the company that pioneered the commission-free brokerage model has secured access to eight…

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