The Enhanced Games — tech’s steroid extravaganza — didn’t pay off, as company posts $60 million loss
An effort to transform the world of sports through steroid use doesn’t exactly seem to be bearing financial fruit.
An effort to transform the world of sports through steroid use doesn’t exactly seem to be bearing financial fruit.
Objection, a Thiel-backed startup, aims to use AI to judge journalism, letting users pay to challenge stories. Critics warn it could chill whistleblowers and reshape how media accountability works.
Brinc launched its newest 911 response drone this week, as the company seeks to expand its prominence in the public safety industry.
In 2010, Warren Buffett and Bill Gates launched a disarmingly simple campaign they called the Giving Pledge: a public commitment, open to the world’s wealthiest people, to give away more than half their fortune during their lifetime or upon their death. The moment seemed to call for it. Tech was minting billionaires faster than any […]
The fresh fundraise comes less than a year after Founders Fund closed its third growth fund, a $4.6 billion vehicle intended primarily for follow-on investments in its successful late-stage companies.
The company is aiming to produce its first silicon wafers by 2028 and have its first commercial system online by 2029.
“I believe that when Fred breaks [Usain Bolt’s] 100-meter world record in Vegas next year, it will be a watershed moment to show that enhanced humans are better than ordinary humans,” D’Souza said on a recent episode of Equity.
Backed by Peter Thiel and Donald Trump Jr.’s 1789 Capital, the Enhanced Games aims to disrupt the Olympics with a competition that allows athletes to dope. Launching in Las Vegas in May 2026, the games promise $1 million bounties for breaking world records and lean on a business model reminiscent of Red Bull’s, using the […]
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.
Varda Space has been fueled with new capital to scale its in-space drug manufacturing business.