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More AI startups by high-profile OpenAI alums: Former OpenAI CTO Mira Murati is building an AI startup and trying to raise money from investors. w/Anna Tong reuters.com/technology/art…

Intel under Pat Gelsinger: amazing reporting by my colleagues who talked to >40 insiders to capture what went down at the American icon revealing details include he told Wall Street $INTC could hit $1 bln in AI chip sales when internal estimate was $500m bit.ly/3NMGrJV

As we heard more about the failed training runs in major AI labs, Anna Tong & I wrote about the question on everyone's mind--It's been two years since GPT4. What's after the pre-training scaling law? Spoiler: Ilya has something to say about it Link: reut.rs/3Cp0Z8P

One of the largest AI IPOs in 2025: CoreWeave, just valued at $23 bln in a secondary sale, is targeting a val of $35 bln in IPO, sources told Echo Wang If happens, huge win for the few VCs (Nat Friedman & Daniel Gross) & many Wall Street PEs & Nvidia bit.ly/4g1xFUw

VC reporting in 2024: so many billions in one headline, and a $9.5 bln record round could still be 2x oversubscribed💸 Our latest on Databricks' high-profile funding with VCs and banks as it gets finalized next week--w/Kenrick Cai Echo Wang reuters.com/technology/dat…

Over 700,000 new U.S. users, self-IDed as "TikTok Refugees", flocked into another Chinese app Xiaohongshu (Rednote) in the past two days, sources told us. The app is working on new features to retain the users while keep up w/ moderating English content bit.ly/4alwhdu

Fastest valuation rise in startup history? Ilya Sutskever's SSI, founded last June, is in talks to raise new funding at >$20 bln, with no revenue, sources told me Kenrick Cai Anna Tong So curious to see what new mountain Ilya has identified this time reut.rs/3Euc9KF

Trump admin's impact on tech M&A is already playing out. Sources told us after the inauguration, Google felt confident a mega deal to buy Wiz would get approval within a year and sped up the talks. The chance of closing is 90% vs last year's 60%. bit.ly/4iyfSWb

scoop: Cruise co-founder Kyle Vogt's robotics startup, launched last May, is now valued at $2 billion in a round led by Greenoaks. Without released products, the Bot Company's building hardware & software for non-humanoid at-home robots, sources told us reut.rs/4ivqxS2

When public investors go early: I learned Coatue backed Corewave's Series C with strong downside protection. If 20-day VWAP of $CRWV is below *$68* after 2 years, they can ask Coreweave to pay back the $1.2 bln investment. Corewave closed its first trading day at IPO price $40

Exclusive: Blackstone evaluates taking a stake in US TikTok spinoff, sources say reuters.com/markets/deals/…

scoop: a16z is seeking to raise a $20 billion fund for growth AI investments, the largest in the fund's history, sources told me & Anna Tong Kenrick Cai Non-US LPs see this as an opportunity to back US AI. New test for VC scale game after SoftBank VF. reut.rs/44iMZJE

Scoop: OpenAI plans to partner with Google to add more compute, sources told Kenrick Cai & me, marking an unprecedented collaboration bw two major competitors in AI. "no permanent enemies, only permanent interest" plays out in AI world every day $GOOGl reut.rs/43zSi6S

JUST IN: More on the Google/OpenAI cloud deal we broke earlier--part of the compute Google sells to OpenAI will be from Coreweave, which earlier signed up Google as a customer; Interesting alliance as Microsoft was $CRWV's largest customer 6 months ago reut.rs/3T8hYl7