Kate Clark

New: My first story for @POLITICOMag is out today! A deep dive into what actually changed inside TikTok US after the Trump admin brokered a deal to split it off from its Chinese parent company ByteDance. politico.com/news/magazine/…

Nvidia-backed cloud-computing company Lambda is raising up to $4 billion at a pre-money valuation of $14.5 billion in a final round of fundraising before the company’s planned IPO wsj.com/tech/ai/ai-neo… via @WSJ

Anthropic leaders have invested in a startup developing technology to detect airborne viruses, amid growing fears that AI could lead to new biological threats.

wsj.com/tech/ai/anthro…

Great read wsj.com/business/entre…

OpenAI quietly bought a startup developing higher quality cameras for smartphones for ~$300M. Scoop w/ @anissagardizy8 wsj.com/tech/openai-bu…

Instinct, the viral AI assistant, has already raised $350 million, including a new round that values the startup at $2.5 billion. wsj.com/tech/ai/the-la…

Scoop: Situational Awareness made a big bet this week on Source Foundry, a startup aiming to reinvent the way chips are manufactured. Sequoia is an earlier investor. w/ @anissagardizy8 wsj.com/tech/ai/situat…

I wrote about the SaaSpocalypse — why some software startups are reinventing themselves for AI, while others are shutting down & starting from scratch. As one founder put it: “You have to burn the ships and start from the ground up.”

wsj.com/tech/ai/saas-s…

Great reporting on the risks of SPVs: wsj.com/finance/stocks… By @cdriebusch

Citadel buys Situational Awareness’s stock portfolio. Scoop from @GZuckerman & @rudegeair wsj.com/finance/citade…

Scoop: Coatue is leading a $3 billion @databricks round at a $188 billion valuation. w/ @berber_jin1

wsj.com/tech/ai/databr…

OpenAI confidentially files for IPO: wsj.com/tech/ai/openai…

Scoop: Benchmark has raised $2 billion across two new funds, including its first growth fund, a big shift for a firm that spent decades defending a smaller, focused approach to venture investing. Details here:
wsj.com/finance/invest…

Here we goooo wsj.com/tech/anthropic…

OpenAI has been working with bankers to prepare to file for an IPO in the coming days or weeks: wsj.com/tech/ai/openai…

Sequoia’s latest investment is a sheet metal fabricator
wsj.com/business/entre…

Scoop: @tryramp is raising funds at $40 billion+ valuation wsj.com/business/entre…

Scoop: Coatue is launching a new venture, Next Frontier, to buy land for AI data centers. Tens of billions could go into the effort, with early work underway on an Indiana campus. w/ @rudegeair
wsj.com/tech/ai/ai-inv…

New: SoftBank is planning an IPO as soon as this year for a new robotics & AI venture called Roze. wsj.com/tech/ai/softba…

Thrive Capital's latest investment: the San Francisco Giants wsj.com/finance/invest…