Pizza Hut’s fate is unknown as it goes from 1990s nostalgia darling to private equity sale

After years of being a struggling business and losing ground to competing chains, Pizza Hut’s fate…

Morpho raises $175 million in a round led by a16z crypto, Paradigm, and Ribbit Capital

Paul Frambot has a message for the “suits” at traditional financial institutions. “I think TradFi is…

Anthropic’s confidential S-1 signals summer AI IPO race could heat up fast

Anthropic was open about its confidential S-1 filing on Monday. The $965 billion AI juggernaut announced…

Mecka AI raises $60 million to train robots with human data sourced from body sensors and iPhones

Data is the oil of the AI boom—and the startup Mecka AI hopes to tap the…

Graham Platner runs controversial ad during Red Sox game vowing to ‘reverse the private equity curse’

Graham Platner, Maine’s presumptive Democratic Senate nominee, began Memorial Day weekend by releasing an ad on…

Elon Musk’s best friend could make $100 billion on SpaceX. His firm is also owed billions

His name is Antonio Gracias, a handsome private equity investor from Detroit. The two met through…

‘A pressure cooker ready to explode’: The wild secondaries scramble for Anthropic shares

The idiom “feeding frenzy” gained prominence in the mid-century, first primarily to describe the behavior of…

SpaceX’s IPO filing is full of surprises

On some level, that’s expected: Elon Musk (the world’s richest person) and his businesses have long…

Exclusive: Index Ventures backs Frame’s $50 million bet that employees are cybersecurity’s weakness

A few weeks ago, a colleague of mine received a text from our editor, or so…

Brian Schimpf has been quietly running Anduril since its earliest days. And once he’s talking, he has a lot to say

In 2017, Brian Schimpf was in the California desert with an engineering problem to solve.  The…

Anthropic takes shot at consulting industry in joint venture with Wall Street giants

Anthropic announced Monday that it has partnered with Blackstone, Hellman & Friedman, and Goldman Sachs to…

The fruit fly cancer researcher who built his first prototype out of lollipop sticks and straws

Or perhaps those fruit flies are crowding a fermenting sourdough starter, or swarming a banana that’s…

Exclusive: Vanta hits $300 million ARR as ‘shadow AI’ explodes across corporate America

Most corporate employees in America have likely signed up for ChatGPT. And Claude. And possibly Cursor.…