Back to school. Venture capitalists nearly doubled their spending on new US university spinoffs in 2025 to $690 million after three years of declines, PitchBook data show. They also increased their spending in later rounds of US companies spun out from academia, contributing $6.3 billion to those startups. One such ...
Day: April 11, 2026
Anthropic is gaining on OpenAI’s revenue, but hasn’t yet eclipsed itAnthropic is gaining on OpenAI’s revenue, but hasn’t yet eclipsed it
There’s been a debate in certain nerdier circles of the tech industry about comparing the revenues of Anthropic and OpenAI and I have at least part of the answer. But first, a word of warning. I’ve been covering the industry long enough that the pattern is clear: The numbers you ...
Welcome to Y’all Street: bullish Dallas aims to steal New York’s financial crownWelcome to Y’all Street: bullish Dallas aims to steal New York’s financial crown
Texas city believes loose rules and low taxes will make the US’s biggest banks come running – can it pull it off? As the warm sun rises over the Dallas skyline, SUVs and pickup trucks whiz past an unassuming construction site that is helping cement the city’s Texas-sized financial ambitions. ...
Trump’s war and Melania’s Epstein statement, with US editor Betsy Reed – The LatestTrump’s war and Melania’s Epstein statement, with US editor Betsy Reed – The Latest
Melania Trump made a surprise appearance at the White House on Thursday to announce that she ‘never had a relationship’ with the late child sex offender Jeffrey Epstein and his accomplice Ghislaine Maxwell. Her address has seemingly put Epstein back on the political agenda when focus had been firmly on ...