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The Latest Breaking News from Silicon Valley

The Latest: Trump will reveal ‘AI Action Plan’ shaped by his Silicon Valley supporters

An artificial intelligence agenda formed on the podcasts of Silicon Valley billionaires is now being set into U.S. policy as President Donald Trump leans on the ideas of the tech figures who backed his election campaign

The Independent UK

OpenAI faces an 'increasingly fragile moat,' JPMorgan says, as Sam Altman braces for 'OS war' against Google, Apple and other Silicon Valley titans

OpenAI has a $700 billion-plus total addressable market ahead of it, JPMorgan says as it takes the rare step of covering a private company.

Fortune

Silicon Valley trades researchers like football teams poach players

Big tech is offering athlete-level pay to lure AI researchers in a high-stakes race for dominance

The Guardian - US

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Palmer Luckey Once Brutally Bashed Silicon Valley's Obsession With Easy Cash: 'All The Money Went To Paying People To Do Things That Were A Waste Of Time'

In a conversation last year, defense tech entrepreneur Palmer Luckey criticized Silicon Valley's obsession with "easy money" ventures, saying a tighter funding environment is finally forcing founders to solve real-world problems.

Benzinga

Nine households control 15% of wealth in Silicon Valley as inequality widens

Report finds wealth divide widened in Silicon Valley at double the rate of the whole US over the past decade

The Guardian - US

Mark Zuckerberg's Wife Priscilla Chan Reveals Her Secret Weapon To Lure Top Talent To CZI — And It's Not Eight-Figure Salaries Like Her Husband Offers At Meta

Priscilla Chan says advanced GPU clusters aren't just a lure for Silicon Valley, biologists want them, too.

Benzinga

Silicon Valley-backed California city project pitches plan for manufacturing hub

Chief executive of ‘California Forever’ says proposal to develop site would represent ‘new home for frontier tech’

The Guardian - US

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How to get a £150 million job — inside Silicon Valley’s backstabbing AI talent war

Billions of pounds and shameless bonuses — the cut throat battle for artificial intelligence pros has gone berserk

Evening Standard

Beyond GPS: Xona Raises $92M to Revolutionize Global Positioning with Pulsar Constellation

Satellite navigation startup Xona Space Systems has secured $92 million in new funding through a Series B offering. The latest tranche brings the Silicon Valley venture's total funding to over $150 million. The company wants to use the new capital to accelerate the transition from research and development to delivery…

Benzinga

Billionaire Tim Draper Says His Son Beat Him To 'The Best Investment Of The Decade': 'My Son's Returns Solidly Beat My Own'

Billionaire Tim Draper has revealed some new lore about "the first family of Silicon Valley."

Benzinga

Apple emerges as frontrunner for Formula 1’s US media rights with $150 million bid

Apple is going all-in on Formula 1. Weeks after the ‘F1’ movie became the company’s biggest box office smash, the Silicon Valley giant has reportedly submitted a blockbuster bid for the U.S. media rights to stream Formula 1 races starting in 2026.

Autosport

Apple new frontrunner for F1 streaming rights over ESPN in U.S.

Motorsport

Pro-Trump super PAC refuses Silicon Valley money in war against Musk’s America Party

We don't want your money.

We Got This Covered

Peter Thiel 'Red-Pilled' Elon Musk, Mark Zuckerberg And Silicon Valley's Elite At Critical Turning Points, Says Researcher Tracking Founders Fund's Influence

Venture capitalist Peter Thiel wielded significant influence over prominent tech leaders, including Meta Platforms Inc. (NASDAQ:META) CEO Mark Zuckerberg and Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk at critical junctures in their careers, according to a researcher tracking Founders Fund‘s broader impact on Silicon Valley.

Benzinga

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Benzinga

Nvidia Rival Groq Reportedly Eyes $6 Billion Valuation, Cisco And Samsung-Backed Company Looks To Double Valuation Amid Surging AI Chip Demand

On Wednesday, Nvidia Corporation (NASDAQ:NVDA) briefly hit $4 trillion market cap. Meanwhile, its rival Silicon Valley startup Groq is reportedly aiming to raise fresh capital at a $6 billion valuation to fulfill a major Saudi contract.

Benzinga

Ex-OpenAI Exec Mira Murati's New Startup Offers $500,000 Salaries As Meta And Sam Altman Fight To Keep AI Talent

Mira Murati, the former chief technology officer of OpenAI, is leading one of Silicon Valley's new ventures, and she's putting her money where her mouth is. After leaving OpenAI in late 2023, Murati quietly launched Thinking Machines Lab, an AI company that's already causing waves, Business Insider reports.

Fortune

Sam Altman slams Democratic Party, declares himself 'politically homeless' in another sign of Silicon Valley shifting right

“I’m not big on identities, but I am extremely proud to be American,” Altman wrote, calling for a renewed emphasis on "techno-capitalism."

Fortune

The fireworks between D.C. and Silicon Valley are just starting

As some startup and venture insiders cheered the Trump tax and spending bill, Elon Musk declared war on the political establishment.

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Benzinga

As Elon Musk's Rift With Donald Trump Deepens, Former Google Executive Says MAGA And Tech World Can't Thrive Without Each Other

As Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk continues to slam Donald Trump's "Big Beautiful Bill," the All-In Podcast panelists, including David Friedberg and Chamath Palihapitiya, caution that escalating tensions between MAGA and Silicon Valley could destabilize both political and technological progress.

Fortune

An engineer was caught secretly working for multiple Silicon Valley startups at once

The saga began on Wednesday when the engineer started going viral on social media as startup founders discovered he had worked for multiple companies.

Benzinga

Microsoft Slashes 9,000 Jobs While Mark Zuckerberg's Meta Poaches $20 Million Worth Of AI Talent From OpenAI: Investor Warns Of 'Jealousy, Envy, And Helplessness' Among Tech Workers In Silicon Valley

Microsoft Corp. (NASDAQ:MSFT) cut 9,000 jobs in its second 2025 layoff round while Meta Platforms Inc. (NASDAQ:META) and OpenAI ignite a talent war with compensation packages reaching $20 million annually, creating stark contrasts in Silicon Valley’s artificial intelligence landscape.

Benzinga

Mark Zuckerberg Suggested AI Avatars Could Be Your Friends, Hinge Founder Justin McLeod Says Meta CEO Is 'Playing With Fire'

Hinge founder Justin McLeod says Silicon Valley's push to offer artificial-intelligence “friends” risks worsening, not curing, the loneliness crisis and likened Mark Zuckerberg's vision of AI companionship to eating junk food.

International Business Times UK

Who Is Julie Inman Grant? eSafety Boss Who Thinks YouTube Should Be Banned, Plus What She Thinks Of Elon Musk

Grant is known for introducing strong policies related to social media in Australia; however, she has recently made headlines for her opinion on some of the biggest tech giants in Silicon Valley.

Benzinga

Nvidia Makes 4x Intel's Revenue—But Commands Half The Forward Valuation

In the battle of Silicon Valley titans, Nvidia Corp (NASDAQ:NVDA) is leaving Intel Corp (NASDAQ:INTC) in the dust – on both the income statement and the stock chart.

Fortune

Melinda French Gates says some tech titans siding with Trump are doing 'what some comms person' tells them to do instead of living by their values

"We, of all times right now, should be living those values out, not pivoting to what some comms person tells us is the right thing to do. That would be ridiculous," French Gates said.

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