Founders Fund
AI overview
Sign in and the AI will write an overview from our coverage.
Headlines · 6
- OpenAI reportedly cuts funding target and valuation
The Financial Times, citing people familiar with the matter, reported that OpenAI lowered its latest funding target from $30 billion to about $20 billion and cut the proposed valuation from $1.4 trillion to $1.25 trillion. The Wall Street Journal reported that OpenAI had received about $11 billion in commitments and told shareholders it would continue fundraising from family offices and high-net-worth individuals. Some institutions reduced their subscription amounts, and the first closing was expected to fall short of $20 billion. OpenAI declined to comment.
The Next Web · 🔥 21 - Cognition Weighs New Funding at $70B–$80B Valuation
Cognition, the developer of the AI coding agent Devin, is reportedly considering a new funding round before year-end after receiving investor offers valuing the company at $70 billion to $80 billion. The company announced a Series E of more than $2 billion at a $48 billion valuation on September 8. Business Insider reported the new talks, but The Next Web said it had not independently verified them.
The Next Web · 🔥 4 - Coherence Neuro raises $45M seed from OpenAI Startup Fund and Founders Fund
Coherence Neuro, a startup developing AI models and brain implants to help combat brain tumors, has raised a $45 million seed round, according to Wired's Emily Mullin, as relayed by Techmeme. The investors named in the report are the OpenAI Startup Fund, described as OpenAI's venture capital arm, and Founders Fund. The report characterizes the round as the latest in a growing wave of bets AI companies are making on brain data.
Techmeme · 🔥 0 - OpenAI Startup Fund and Founders Fund back Coherence Neuro's $45M seed
OpenAI's venture capital arm and Peter Thiel's Founders Fund are investing in Coherence Neuro, a San Francisco startup developing a brain implant to detect and treat cancer, as part of a $45 million seed round, WIRED AI reported. Coherence says it already knows how to detect brain-tumor electrical signals in animals to tell whether cancer is growing, shrinking or recurring, and this summer it briefly tested its implant's recording ability in three people undergoing brain tumor removal at Royal Melbourne Hospital, with the device in place for about 30 minutes as an initial safety check. The company next plans to test recording and stimulation in seven more patients and to use the funding for a clinical trial implanting the device long-term in glioblastoma patients; CEO Ben Woodington said OpenAI will not have access to its brain or other health data under the contracts or arrangements.
WIRED AI · 🔥 0 - Ex-OpenAI research chief's Arda exits stealth with $232M for factory AI
Arda Industries, founded by former OpenAI research chief Bob McGrew, has come out of stealth with about $232 million in total funding, including a $160 million Series A at a $1.5 billion valuation co-led by Altimeter, Accel and Khosla Ventures, according to The Next Web. The company says its software pairs an interface with an agent that works from CAD files and other design documents to plan assembly order, write work instructions and lay out stations; Anduril was its first design partner and uses Arda inside its ArsenalOS manufacturing software. Anduril-reported figures cited by The Next Web say basic work instructions that took 10 hours now take 15 minutes, while complex engineering work of up to 30 hours takes about 2.5 hours; these performance numbers are customer-reported, not independently measured.
智东西 · 🔥 0 - Peter Thiel: a model-era Google may never emerge
Peter Thiel, an investor in OpenAI and Anthropic, received the Axel Springer Award in Berlin in the last week of September and discussed AI with Mathias Döpfner. He argued that the model layer looks more like interchangeable intelligence than a unique gateway: switching costs are low, product differentiation lasts only months, and much of the value may reach users as consumer surplus; he framed the view as an "I wonder." This commentary by Jinduan, republished by 36Kr and TMTPost, adds that chips, power, distribution gateways and irreplaceable workflow-context layers may still capture strong profits.
36氪 人工智能 · 🔥 0
Experience and discussion from the community
Share my Founders Fund experienceAsk about Founders Fund
Nobody has shared their experience with Founders Fund yet.