Venture capitalists have always focused on investing in companies that leverage technology to either disrupt established industries or create entirely new business categories. But some VCs are starting to flip the script on their investing styles. Rather than funding startups, they are acquiring mature businesses –such as call centers, accounting firms, and other professional service…
Category: Khosla Ventures
AI, Enterprise, Exclusive, Fastino, Global Security News, Khosla Ventures, LLMs, Startups
Fastino trains AI models on cheap gaming GPUs and just raised $17.5M led by Khosla
Tech giants like to boast about trillion-parameter AI models that require massive and expensive GPU clusters. But Fastino is taking a different approach. The Palo Alto-based startup says it has invented a new kind of AI model architecture that’s intentionally small and task-specific. The models are so small they’re trained with low-end gaming GPUs worth…
AI, Apps, Fireflies, Global Security News, Khosla Ventures, meetings
AI note-taking app Fireflies adds new ways to extract insights from meeting notes
Khosla Ventures-backed Fireflies.ai, an AI-powered note-taking app, on Wednesday released a set of domain-specific “mini apps” to extract insights from meeting transcripts automatically. With the widespread availability of automatic speech recognition models and generative AI, meeting intelligence startups like Otter, Read AI, Circleback, Krisp, and Granola have registered impressive growth. Fireflies, similarly, has seen 8x…
Exclusive, Founders Fund, Global Security News, Keith Rabois, Khosla Ventures, Real estate, Roam, Startups
Khosla’s Keith Rabois leads $11.5M Series A for startup Roam, calls it ‘the future of the housing market’
During the COVID-19 pandemic, mortgage interest rates dropped to historic lows — as low as 2.5%. Fast-forward a few years and rates soared — to highs nearing 8% in 2023, with the national average 30-year fixed mortgage APR as of April 1 still at 6.84%. The whiplash has left many people seeking to buy homes…
AI, Artificial Intelligence, Enterprise, Exclusive, Global IT News, Global Security News, Khosla Ventures, Onyx, open source, Startups
Why Onyx thinks its open source solution will win enterprise search
Enterprises have troves of internal data and information that employees need to complete their tasks or answer questions for potential customers. But that doesn’t mean the right information is easy to find. Onyx wants to solve that problem through its internal enterprise search tool. There are other big names in the category, like Glean —…
Global IT News, Global Security News, Keith Rabois, Khosla Ventures, openai, Venture, Vinod Khosla
Khosla Ventures seeks $3.5B in fresh capital
Khosla Ventures, a firm known for early investments in OpenAI, is raising $3.5 billion across three funds, the Wall Street Journal reported. That target is 17% larger than the firm’s previous 2023 fund haul of $3 billion. About half of the new capital will be allocated to its ninth core venture fund. The remaining money will…