The Latest Breaking News from Y Combinator

A.I. "is turning out to be the missing piece in a large number of important, almost-completed puzzles," said the Y Combinator cofounder.

The launch of ChatGPT last November propelled OpenAI, and its co-founder and CEO Sam Altman, into the global spotlight. 

It isn’t obvious who has it, noted the Y Combinator cofounder, but it's why he bet on Airbnb despite his doubts about the concept.

Especially in A.I., Accelerators are seen as a way to get broad access to talent and tech.

“Don’t invest,” he told potential investors who said the ChatGPT maker was doing it all wrong.

Airbnb's founders had trouble convincing early investors that people would want to stay with strangers. Then a $40 cereal box helped change their minds.

Inside the ChatGPT founder’s other venture, a crypto-powered sci-fi startup.

Regulators rushed Friday to seize the assets of one of Silicon Valley's top banks, marking the largest failure of a US financial institution since the height of the financial crisis almost 15 years ago. Silicon Valley Bank, the nation’s 16th-largest bank, failed after depositors hurried to withdraw money this week…

The implosion of Silicon Valley Bank could force hundreds of tech startups to lay off workers or shut down completely. It remains unclear how much, if any, of depositors' money will be returned.