Ask Sophie: I work at OpenAI on an H-1B. How can I explore immigration independence?

Sophie Alcorn, attorney, author and founder of Alcorn Immigration Law in Silicon Valley, California, is an award-winning Certified Specialist Attorney in Immigration and Nationality Law by the State Bar Board of Legal Specialization. Sophie is passionate about transcending borders, expanding opport

Must-have tools modern CFOs need in growth-stage startups

Having spent several years heading Silicon Valley Bank’s fintech sector and now as Liquidity Group’s North America CEO, I’ve often encountered some tools that growth-stage startups should embrace to get the job done. The role of CFOs in growth-stage startups extends beyond traditi

Uber-for-parcels startup Relay raises $10M seed round to scale in the UK

Incumbents in the parcel deliveries space usually have fixed daily routes from suburban depots. But since most parcels are fairly lightweight, this is a bit of a hammer to crack a nut. So it makes sense to “Uber-ise” local deliveries. Indeed, in Asia, the “asset free” delive

Birdseye’s AI-powered chief marketing officer drives personalized email campaigns for retailers

Consumer budgets are expected to be better this holiday shopping season, which could result in better sales outcomes for retailers. It continues to be a challenge to capture those consumer dollars amid myriad messages coming at consumers from all directions. However, one startup thinks it has crack

Australian investors say capital limitations push founders to 'new heights of creativity'

This is part of a survey of investors focused on Australia and New Zealand. The following responses are from the Australian investors. You can find the New Zealand responses here and the full writeup here. We spoke with: Gabrielle Munzer, partner, Main Sequence Dan Krasnostein, par

Cameroonian healthtech Waspito gets $2.5M seed extension to scale, tap offline patients

Cameroonian health startup Waspito has secured a $2.5 million seed extension from DP World through Newtown Partners, Saviu Ventures, AAIC Investment, Axian Ventures and CFAO's Health54 to spur its growth in the Francophone region. Waspito is a health-focused social network that allows users (pa

Stability AI gets into the video-generating game

AI startups that aren’t OpenAI are plugging away this week, it’d seem — sticking to their product roadmaps even as coverage of the chaos at OpenAI dominates the airwaves. See: Stability AI, which this afternoon announced Stable Video Diffusion, an AI model that generates videos b

Founders: Pay attention to what happened with OpenAI’s board

This weekend, a soft, rumbling feeling reached a loud consensus: Why the heck was OpenAI structured that way? In very dumb words, its nonprofit arm had complete control over the for-profit holding company, giving it the ability to oust Sam Altman as CEO without even a day's heads-up to the wel

OpenAI’s board may be coming around to Sam Altman returning

OpenAI’s board of directors is reportedly in talks with Sam Altman, ex-Y Combinator president and an OpenAI co-founder, to return to OpenAI as CEO as soon as this week. That’s according to Bloomberg, which in a brief this morning — citing sources close to the matter — said t

TC+ Roundup: AI folks fall into one of two camps

Good morning! When it comes to news, the week of Thanksgiving is usually slower than molasses. But with the OpenAI drama — ousted founder; upset employees; etc. etc. — continuing to deliver exciting headlines on the company's uncertain future, this week is anything but. Ful

A brief look at the history of OpenAI’s board

Three OpenAI board members stepped down earlier this year within months of each other — yet the startup didn’t line up replacements. One of the current members, former Facebook CTO and Quora CEO Adam D’Angelo, launched an AI chatbot platform, Poe, that leverages — but also c

Microsoft CEO Satya Nadella suggests that Sam Altman might return to OpenAI

In interviews on CNBC and Bloomberg TV tonight, Microsoft CEO Satya Nadella made it clear that it’s possible Sam Altman, who was fired from his role as CEO at OpenAI by the AI startup’s board of directors on Friday, could return to OpenAI in some capacity. That’s despite the fact

Investors are souring on OpenAI’s nonprofit governance model

OpenAI was never quite like other generative AI startups — or other startups period, for that matter. Its governance structure is unique and what ultimately led to the abrupt ousting of CEO Sam Altman on Friday. Even after it transitioned from a nonprofit to a “capped-profit” company

Avarni gets backing to help large enterprises hit their net-zero goals

For a lot of companies, Scope 3 emissions make up the bulk of their carbon footprint, but are time-consuming and expensive for them to track. As more regulation mandating Scope 3 reporting is passed, however, it is crucial for them to do so. That's where Avarni comes into the frame. The Sydney-