AI startup funding hit a record in L.A. area last quarter. Here's who got the most money

L.A.-area startups received $1.8 billion in the third quarter, the highest quarterly amount for the region, according to CB Insights. Most of it went to a single company.

Entertainment - Los Angeles Times - 4 hours ago

Bret Taylor’s AI startup Sierra raises funding at $4.5 billion valuation

Sierra, the startup founded by ex-Salesforce co-CEO Bret Taylor, has raised a fresh round of capital that values the company at $4.5 billion.

Business - CNBC - October 28

AI Startup Perplexity to Triple Valuation to $9 Billion in New Funding Round

The artificial intelligence search company is raising $500 million in its fourth funding round this year.

Tech - The Wall Street Journal - 2 days ago

Mother of Teen Who Died by Suicide Sues AI Startup

The boy, 14, spent months talking to an artificial character on Character.AI before becoming depressed. His mother blames the company, saying the tech shouldn’t be accessible to minors.

Business - Inc. - October 24

Here’s who bought the L.A. home where Matthew Perry died

The Los Angeles home where Matthew Perry died last year has been sold for $8.55 million in an off-market deal, property records reveal.

Business - MarketWatch - October 28

AI Startup Perplexity in Funding Talks to More Than Double Valuation to $8 Billion

The search-based chatbot is seeking to raise around $500 million in what would be its fourth funding round in a year.

Tech - The Wall Street Journal - October 20

OpenAI Chair’s AI Startup Sierra Gets $4.5 Billion Valuation in Latest Funding Round

Former Salesforce co-CEO Bret Taylor’s company keeps pulling in money from top VC firms as expectations mount.

Business - Inc. - October 29

Harris Sets Record for Biggest Fund-Raising Quarter Ever

Donald Trump is raising less money than he did during his run in 2020, building a far smaller campaign than Kamala Harris.

Top stories - The New York Times - October 21

Here’s How a Startup Landed $10 Million to Put AI Data Centers in Space

The massive banks of computers needed to power artificial intelligence apps require huge amounts of electricity on Earth. Lumen Orbit wants to send them into the heavens instead.

Business - Inc. - October 25

The economy grew 2.8% last quarter. Here's how that impacts you

The government released its latest GDP number, which is a measure of the change in the economy's size. The report shows it grew at an annual rate of 2.8% in the third quarter of the year. CBS News ...

Nuclear energy stocks hit record highs on surging demand from AI

Amazon and Google deals to deploy small modular reactors are latest step in sector’s revitalisation

Business - Financial Times - October 20

Shohei Ohtani's 50th home run ball sells for record $4.4 million. Who gets the money?

Dodgers star Shohei Ohtani's 50th home run ball sold at an auction for a record $4.4 million. Who gets that money? That's still up to the courts to decide.

Sports - Yahoo Sports - October 23

Tuberculosis infected 8 million people last year, the most WHO has ever tracked

The World Health Organization says more than 8 million people were diagnosed with tuberculosis last year

Health - ABC News - October 30

In Election’s Final Days, Dark Money and ‘Gray Money’ Fund Hidden Agendas

Big-money operatives are taking advantage of lax rules at the end of the campaign to hide the true source of their money until after the election is called — or for forever.

Top stories - The New York Times - October 30

Asian semiconductor stocks rise after shares of AI chip darling Nvidia hit a record high

Nvidia's gains in share price lifted its market value to top $3.4 trillion, unseating Microsoft as the second most valuable company on Wall Street.

Business - CNBC - October 15

Industrial AI play Dover falls on a noisy quarter. Here's why we'd buy the dip

Shares of the industrial conglomerate fell more than 3% Thursday.

Business - CNBC - October 24

These tips for investing in mutual funds and ETFs are a vote for your money

Cheap stocks, higher yields and other postelection portfolio moves to consider.

Business - MarketWatch - 16 hours ago

Anguilla’s .ai Web Address Makes the Tiny Island Money in the AI Boom

Registrations from artificial intelligence company websites let the Caribbean territory tap a rich vein of revenue from a digital gold mine.

Business - Inc. - October 16

At Long Last, the Dodgers Finally Got Their World Series Parade

A city starved for one since 1988, and kept from one in 2020, had its chance to celebrate. Los Angeles made the most of it.

Sports - The New York Times - 6 days ago

This AI stock just got downgraded after a 130% rally for the year

Coherent’s transceivers have proved useful for data-center connectivity, but a Rosenblatt analyst sees several factors that could stall the stock’s run.

Business - MarketWatch - October 22

Wall Street Journal, NY Post sue AI startup

Media conglomerate News Corp, the conglomerate that owns the Wall Street Journal, New York Post and a number of other media properties, is suing artificial intelligence (AI) startup Perplexity over ...

Politics - The Hill - October 22

AI startup Ideogram launches infinite Canvas for manipulating, combining generated images

Users can spread newly generated images out, compare them to older ones, resize and reorder them at will, and even combine two with AI.

Tech - VentureBeat - October 22

Google's partnership with AI startup Anthropic faces a UK competition investigation

Britain’s competition watchdog is opening a formal investigation into Google’s partnership with artificial intelligence startup Anthropic

Tech - ABC News - October 24

Meet the startup that just won the Pentagon’s first AI defense contract

The Pentagon awards its first-ever generative AI defense contract worth $1.8M to Jericho Security, targeting deepfake attacks and AI-powered threats against military personnel including drone pilots.

Tech - VentureBeat - 2 days ago

Here’s What a New Guide to Scaling Says Are the Hallmarks of Successful Startups

A new report analyzed over 200 companies and concluded that successful founders spend over half their time managing their teams.

Business - Inc. - 6 days ago

Trump and Harris make final push to break US election deadlock

Presidential candidates descend on Pennsylvania as polls in most crucial swing state show a dead heat

Business - Financial Times - 3 days ago

How violence became a theme of America’s election

Voters are on edge after a campaign season characterised by ‘unprecedented’ levels of extreme rhetoric

Business - Financial Times - 3 days ago

Texas sees record early-voting numbers, particularly in Democratic-leaning areas

Record numbers of Texans turned out Monday for the first day of early voting — numbers that were particularly concentrated in several of the state’s blue-leaning urban and suburban counties. With ...

Politics - The Hill - October 22

Revival of L.A. record store Licorice Pizza serves a slice of vinyl nostalgia

Under new owner Kerry Brown, the long-defunct record store chain reopened with a boutique record shop, a vinyl record pressing business and record label.

Entertainment - Los Angeles Times - October 14

Here are the stocks rallying the most on Trump's victory

President-elect Trump’s successful reelection bid sparked an uptrend in stocks for crypto, tech and auto industries less than 24 hours after results were announced. The Dow Jones Industrial ...

Politics - The Hill - Yesterday

Business Owners in Disaster-Hit Areas Should Watch Out for Possible Scams

Widespread relief efforts will help storm-ravaged regions recover, but fraudsters are also in the mix, warn federal agencies.

Business - Inc. - October 23

Swarm of tornadoes slams into Oklahoma City area

An emergency tornado warning was in effect on the University of Oklahoma's Norman campus, officials said.

L.A. hit by looting and chaos amid Dodgers World Series celebrations

A bus was set on fire, shops were looted and fireworks thrown at police in scenes of lawlessness and "absolute chaos" in downtown LA following the Dodgers' World Series win over the New York ...

'Jeopardy!' contestant who got in-show apology responds to 'problematic' glasses clue

'Jeopardy!' player Heather Ryan said that the 'girls who wear glasses' clue on her episode was an 'odd choice' that made everybody 'a little uncomfortable.'

Entertainment - Los Angeles Times - 22 hours ago

Elon Musk’s xAI startup said to eye funding round, valuing the company at this much

xAI is in talks with investors for a funding round, the Wall Street Journal reported.

Business - MarketWatch - October 29

Chinese driver-assist startup announces $100 million in funding, touts 'deep cooperation' with Nvidia

Deeproute said it is part of the first batch of companies in China to obtain Nvidia's newer Thor chip for cars and will release a new system using it next year

Business - CNBC - 3 days ago

Latest in AI startup funding hit a record in L.A. area last quarter. Here's who got the most money