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  • Accel raises $5 billion for AI as venture capital bets reach infrastructure scale

      In short: Accel has raised $5 billion in new capital, comprising a $4 billion Leaders Fund V and a $650 million sidecar, targeting 20-25 late-stage AI investments at an average cheque size of $200 million. The raise follows standout returns from its Anthropic stake (invested at $183B, now valued near $800B) and Cursor (backed...

  • SpaceX Launches 25 Starlink Satellites from Vandenberg Tuesday Evening

    SpaceX launched 25 Starlink internet satellites to low-Earth orbit at 9:29 p.m. PT on Tuesday, April 14, from Space Launch Complex 4 East.  

  • Venture capital is not what it was

     An industry long defined by underdogs and moonshots is becoming more about front-running.