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Brian Singerman is raising over $500M for a new fund with a twist on the VC model

2025-07-15 07:33:28

Former Founders Fund GP Brian Singerman and co-founder and managing partner of Quiet Capital, Lee Linden, are seeking over $500 million for a new fund called GPx, three people familiar with their strategy told TechCrunch. A significant portion of GPx's fund, potentially as much as 50%, will come from Founders Fund co-founder Peter Thiel, these people said.

Meta built its AI reputation on openness — that may be changing

2025-07-15 06:44:24

Top members of Meta’s new Superintelligence Lab discussed pivoting away from the company’s powerful open source AI model, Behemoth, and instead developing a closed model. This would mark a major philosophical shift for Meta.

Former Sequoia partner Matt Miller raises $355M for new fund — with Sequoia’s backing

2025-07-15 05:56:19

Former Sequoia partner Matt Miller has already locked in $355 million for his new fund, Evantic, which is also backed by Sequoia, TechCrunch learned.

Following YouTube, Meta announces crackdown on ‘unoriginal’ Facebook content

2025-07-15 04:30:01

Like YouTube, Meta says it won't penalize users who are engaging with other people's content, doing things like making reaction videos, joining a trend, or adding their own takes.

Episource is notifying millions of people that their health data was stolen

2025-07-15 03:07:18

The UnitedHealth-owned medical coding service was hacked earlier this year by a ransomware gang.

Cognition, maker of the AI coding agent Devin, acquires Windsurf

2025-07-15 02:51:29

The announcement comes just days after Google hired away Windsurf's CEO Varun Mohan, co-founder Douglas Chen, and research leaders in a $2.4 billion reverse-acquihire that left much of the startup's 250-person team behind.