Venture firm CRV raises $750M, downsizing after returning capital to investors
The 55-year-old VC firm announced its twentieth fund.
August 2025
Kleiner Perkins is having a very good week
With two IPOs this week alone, Kleiner Perkins partner Mamoon Hamid has reason to celebrate.
Anthropic Revokes OpenAI’s Access to Claude
OpenAI lost access to the Claude API this week after Anthropic claimed the company was violating its terms of service.
A backlog at the Commerce Department is reportedly stalling Nvidia’s H20 chip licenses
News of a backlog at the U.S. federal department comes less than a week after national security experts urged the Trump administration to reverse its decision that allows Nvidia to…
Tesla partly liable in Florida Autopilot trial, jury awards $200M punitive damages
The jury verdict is one of the first major legal decisions about driver assistance technology that has gone against Tesla. Both Elon Musk and Tesla have spent years making claims…
WIRED Roundup: ChatGPT Goes Full Demon Mode
On today’s episode of Uncanny Valley, our senior business editor joins us to talk Meta, brain aging, and ChatGPT’s recent dark turn.
Google bets on STAN, an Indian social gaming platform
Google has backed STAN, an Indian social gaming mobile platform that connects gamers with creators, communities, and publishers.
Forcing LLMs to be evil during training can make them nicer in the long run
A new study from Anthropic suggests that traits such as sycophancy or evilness are associated with specific patterns of activity in large language models—and turning on those patterns during training…
Nintendo raising original Switch console prices due to ‘market conditions’
Nintendo wouldn’t say what the “market conditions” were but likely reference President Trump’s tariffs, which are increasing costs for U.S. consumers.
More details emerge on how Windsurf’s VCs and founders got paid from the Google deal
VCs and founders took much of the $2.4 billion, but money was left for a payout to all employees, sources say.