CNBC's Mandy Drury moderated a cannabis investor summit and came away with some valuable lessons.» Read More
SAN FRANCISCO, Dec 23- Palantir Technologies, a data analytics and security company that helps government agencies track down terrorists and uncover financial fraud, said on Wednesday it has raised $880 million in its latest financing round. The Palo Alto, California- based company raised another $200 million on top of the $679.8 million since the round began...
SAN FRANCISCO/ BENGALURU, Dec 11- Some of the most prominent executives in the technology industry, including Tesla Motors Inc CEO Elon Musk, are backing a non-profit artificial intelligence research company with funding of $1 billion. OpenAI's list of donors include PayPal Holding Inc co-founder Peter Thiel, LinkedIn Corp co-founder Reid Hoffman and Musk...
Dec 11- Elon Musk, chief executive of electric carmaker Tesla Motors, on Friday unveiled OpenAI, a non-profit artificial intelligence research company that is backed by other prominent names from the technology world. OpenAI's list of donors include PayPal Holding Inc co-founder Peter Thiel, LinkedIn Corp co-founder Reid Hoffman and Musk himself among...
Dec 11- Elon Musk, chief executive of electric carmaker Tesla Motors, on Friday unveiled OpenAI, a non-profit artificial intelligence research company. OpenAI will be co-chaired by Musk and technology venture capitalist Sam Altman, according to a blog post. OpenAI will receive up to $1 billion in funding from various backers including Musk, Amazon Web Services,...
Number26 is entering France, Italy, Spain, Slovakia, Greece and Ireland, the latter being a test for moving into Britain, and eventually plans to develop a continent-wide bank. Founded by two Austrians and based in Berlin, the company revealed plans to offer a MasterCard and basic current accounts via a license from its partner Wirecard Bank of Germany, which...
Oct 14- Peter Thiel, the Silicon Valley investor who co-founded PayPal and invested in Facebook in 2004, has now invested in BuildZoom, a Y Combinator-backed startup that helps U.S. customers find contractors for remodeling projects. BuildZoom, started in 2011 by childhood friends Jiyan Wei and David Petersen, has now raised $14.3 million since 2013, when it...
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Hedge fund managers like Paul Singer, Dan Loeb and Seth Klarman have been big backers of gay marriage in recent years.
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Food-tech companies are creating meat and dairy substitutes to meet global food demand. Will consumers have an appetite for these products?
The FBI and CIA are clients of this secretive Silicon Valley firm that mines data for intelligence on cybercrime and fraud.
This company is setting itself apart from other health insurers by emphasizing technology, data and its easy-to-understand services.
Bruce Upbin, Forbes technology editor, reveals the names of top tech investors with the Midas touch.
In Canada, marijuana business owners can put their cash into a bank account instead of a vault, and they wear "clean suits" in growing facilities.
The seven-figure deal. It's the holy grail of software. For a small start-up like Quid, it marks entry into the big leagues.
Peter Thiel's Founders Fund is investing in Privateer Holdings, a marijuana company that owns several pot-related brands.
Peter Thiel is considering a multimillion dollar stake in a private equity firm that's investing in the cannabis space, a source said.
An appearance by venture capitalist Peter Thiel was cut short at UC Berkeley by demonstrators protesting police killings in Missouri and New York.
With LendingClub set to raise $800 million in an IPO next week, online lender AvantCredit reeled in a bunch of its own cash.
Peter Thiel speaks exclusively to CNBC's "Halftime Report" from Dublin about the U.S. elections, valuations and Tim Cook.