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Monarch Tractor preps for layoffs and warns employees it may ‘shut down’

Autonomous electric tractor startup Monarch Tractor warned staff Thursday it may need to lay off more than 100 employees, or possibly even ‘shut down,’ according

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a16z-backed super PAC is targeting Alex Bores, sponsor of New York’s AI safety bill — he says bring it on

A pro-AI super PAC backed by Andreessen Horowitz and OpenAI President Greg Brockman has chosen New York Assembly member Alex Bores — and his congressional

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JPMorgan doesn’t want to pay Frank founder Charlie Javice’s legal bills

JPMorgan Chase says it’s been billed a total of $142 million in legal fees for the defense of Charlie Javice and Olivier Amar, respectively the

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VCs abandon old rules for a ‘funky time’ of investing in AI startups

If there’s one thing that VCs agree on when backing AI startups, it’s that AI requires a different investment approach than prior technological shifts. “It’s

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SoftBank’s Nvidia sale rattles market, raises questions

Masayoshi Son isn’t known for half measures. The SoftBank founder’s career has been studded with eyebrow-raising bets, each one seemingly more outrageous than the last.

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Blue Origin scrubs second New Glenn launch, will try again November 12

Jeff Bezos’ space company Blue Origin scrubbed the second launch of its New Glenn mega-rocket planned for Sunday afternoon due to concerns with weather, a

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Rivian gives RJ Scaringe a new pay package worth up to $5B

Rivian has given its founder and CEO RJ Scaringe a new performance-based stock award that could ultimately be worth around $5 billion if all the

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Blue Origin plans second launch of New Glenn mega-rocket on November 9

Jeff Bezos’ space company Blue Origin is finally ready to try a second launch of its super heavy-lift rocket New Glenn. The company announced on

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a16z pauses its famed TxO Fund for underserved founders, lays off staff

Andreessen Horowitz is pausing its Talent x Opportunity (TxO) fund and program, according to four sources familiar with the matter, including more than one founder in the program.  The firm announced TxO

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Elon Musk wants you to know that Sam Altman got a refund for his Tesla Roadster

Elon Musk and Sam Altman are still taking swipes at each other on Musk’s social media platform X. While both men were founders at OpenAI,