Eddy Lu

Engineering @ParafinHQ

[Anthropic @AnthropicAI]

Our internal data shows Claude is accelerating AI development—a possible path to recursive self-improvement, or AI autonomously building a more capable successor.

It’s happening faster than we thought, and the implications deserve greater attention. https://t.co/OVVPJO7VQx

[Supabase @supabase]

We've raised $500M at a $10B valuation

https://t.co/eEua914ttO

[Eric Glyman @eglyman]

Today, Ramp raised $750M at a $44B valuation.

Last time we grew this fast, we were 1/20th the size.

For 2000 years, business was built on two pillars. Today, a third: intelligence.

It’s your least governed cost. It’s also your single greatest opportunity.

[Jean-Denis Greze 💡 @jgreze]

Today, we’re launching @TownAI: the AI assistant that learns you.

We’re coming out of beta with a $55M Series A led by @ARampell at @a16z, with participation from @KirstenGreen at @forerunnervc and continued support from @firstround, @altcap, and @conviction.

Right now, getting real value from AI means prompting, configuring, building workflows, managing agents.

We think that’s backwards.

The future of AI is a companion that already knows you and how you work. Town connects across your inbox, calendar, Slack, docs, messages, and workflows to understand what you need, then starts doing the work with you.

Drafting. Scheduling. Project tracking. Follow-ups. Context gathering. Multi-step tasks. And it only acts when you say so.

All adapting to your voice, priorities, routines, and relationships over time.

Your Townie is the AI assistant you actually need.

[a16z @a16z]

We’re thrilled to lead Town’s $55M Series A.

Town is a personal AI assistant that works across the tools you already use - email, calendar, Slack, docs, WhatsApp, desktop, web. It learns how you work and starts proactively pitching in.

People are already leaning on Town for the kind of work that’s personal and operationally messy: running recruiting pipelines, juggling school logistics, processing handwritten grant requests, prepping summaries, drafting follow-ups, catching the stuff that would otherwise slip.

The longer you use it, the more it picks up: your voice, your relationships, your preferences, your routines, what you actually care about.

Jean-Denis Greze and Tony Vincent are the right team for something this hard. JDG was CTO at Plaid and an engineering leader at Dropbox. Tony led product and AI at Google and design at Dropbox.

Welcome, JDG, Tony, and the Town team, to the a16z family.I

By @arampell and @venturetwins

[shreya @shreyamurthy]

huge news: you can now sell tickets on partiful 🎟️

[OpenAI @OpenAI]

Building apps has never been easier.

With Sites, Codex can turn your work, ideas, and plans into an interactive website or app your team can explore, use, and share with a URL.

Rolling out to Business and Enterprise plans, before expanding more broadly.

[Anthropic @AnthropicAI]

Anthropic has confidentially submitted a draft S-1 registration statement to the Securities and Exchange Commission.

Pending completion of SEC review, this gives us the option to pursue an initial public offering.

Read more: https://t.co/onGZAhRLvD

[The Kobeissi Letter @KobeissiLetter]

BREAKING: Anthropic has confidentially filed an S-1 with the SEC for its proposed IPO.

[CNBC @CNBC]

Wix laying off about 20% of its workforce. CEO cites AI, exchange rates in announcing cut https://t.co/INh93PEB2m

[Anthropic @AnthropicAI]

We've raised $65 billion in Series H funding at a $965 billion post-money valuation, led by @AltimeterCap, Dragoneer, @Greenoaks, and @sequoia.

This investment will help us advance our research and expand our capacity to meet growing demand for Claude.

[Bloomberg @business]

Cognition AI has raised more than $1 billion in a new funding round at a $26 billion valuation. https://t.co/BTIIauX347

[CNBC @CNBC]

Dropbox CEO Drew Houston to step down after 19 years at helm of cloud storage pioneer https://t.co/aQnVBlsIjg

[The New York Times @nytimes]

Breaking News: OpenAI, the maker of ChatGPT, is preparing to file to go public in the coming weeks, people familiar with the matter said. https://t.co/jcoyvRTLQl

[The Kobeissi Letter @KobeissiLetter]

BREAKING: Newly released Fed meeting minutes show that the "majority" of officials thought rate hikes may be needed if inflation persists.

In a sudden turn of events, it appears that the market and the Fed are bracing for potential rate hikes.

[Bloomberg @business]

Intuit Inc. is cutting about 17% of its staff, or about 3,000 workers, Reuters reported, citing an internal company memo. https://t.co/HL3CHJuhJm

[CNBC @CNBC]

Fintech firm Mercury hits $5.2 billion valuation after funding round, up 49% in 14 months https://t.co/kXCTrtke5q

[Exa @ExaAILabs]

We raised $250M in Series C funding at a $2.2B valuation, led by a16z.

Exa is a search lab organizing the web's data for agents.

[Andrej Karpathy @karpathy]

Personal update: I've joined Anthropic. I think the next few years at the frontier of LLMs will be especially formative. I am very excited to join the team here and get back to R&D. I remain deeply passionate about education and plan to resume my work on it in time.

[CNBC @CNBC]

A jury rejected Elon Musk’s claims against OpenAI CEO Sam Altman, ending a dramatic chapter in the bitter rivalry between the two tech billionaires, who were once close friends.

Full details: https://t.co/8OIx0O0SJl