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The Latest Breaking News from Thiel

This $1 Billion AI Startup Backed By OpenAI, Khosla Ventures Just Hit $100M Revenue Racing To Beat Duolingo

A change in language education technology has triggered fresh competition, as Forbes reported that Speak, an AI-powered tutoring platform built by two Thiel Fellowship alumni, surpassed $100 million in annualized revenue while expanding into new markets.

Peter Thiel-Backed Fellows' Startup Mercor Targets $10 Billion Valuation As OpenAI, Meta, Tesla Turn To Its AI Training Experts: Report

Peter Thiel-Backed Fellows' Startup Mercor Targets $10 Billion Valuation As OpenAI, Meta, Tesla Turn To Its AI Training Experts: Report

Mercor, founded by three Thiel Fellows who dropped out of Harvard, is reportedly pursuing a Series C funding round targeting a $10 billion valuation amid surging demand from artificial intelligence companies for specialized training experts.

OpenAI Just Put $14M Into An AI Agent For Microsoft Excel That Can Work For Hours—The Tool Could Replace Entire Teams

OpenAI Just Put $14M Into An AI Agent For Microsoft Excel That Can Work For Hours—The Tool Could Replace Entire Teams

OpenAI Startup Fund has led a $14 million funding round for Endex, a startup that CEO and Thiel Fellow Tarun Amasa said on X has created the first AI agent for Microsoft Excel. The agent is designed to help process data, handle financial tasks, and write memos, a move described…

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Bullish Stock Soars In IPO Debut: Details

Peter Thiel-backed Bullish (NYSE:BLSH) opened for trading at $90.45 per share on Monday, well-above its IPO price of $37 per share.

Peter Thiel-Backed Tacora Raises $685 Million For Oversubscribed Fund II With Bold Private Credit Play

Peter Thiel-backed Tacora Capital Management has successfully raised $685 million for its Fund II, surpassing the initial target of $500 million. This achievement is a testament to the firm’s unique asset-based private credit strategy.

MARA CEO Fred Thiel Says When 'Lots Of Companies' Start Buying Bitcoin, The Advantage Disappears: 'Kudos To Saylor...But They Can't All Be Successful'

Fred Thiel, CEO of MARA Holdings Inc. (NASDAQ:MARA), expressed reservations Tuesday about the future success of the Bitcoin (CRYPTO: BTC) treasury play popularized by Michael Saylor’s Strategy Inc. (NASDAQ:MSTR).

Palantir, Anduril, Erebor: Peter Thiel, The Lord Of The Finance Rings

Peter Thiel's fascination with J.R.R. Tolkien's "The Lord of the Rings" isn't just a personal quirk — it's a strategic theme that runs through his business empire.

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What you need to know about J.D. Vance's VC career

What you need to know about J.D. Vance's VC career

The tech resume for Donald Trump’s newly named running mate looks something like this: After a spell in corporate law, Vance went on to work at Peter Thiel’s Mithril Capital, Steve Case’s Revolution, and started his own fund.

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