Tag: San Francisco

AIPolicy

Tech Leaders Debate AI Regulation Approaches as Startup Funding Surges

LinkedIn co-founder Reid Hoffman compares AI regulation to automotive seatbelts, advocating for iterative approaches. Meanwhile, Anthropic’s Jack Clark emphasizes policy solutions as AI dominates startup funding rounds, with 85-90% of Entrepreneurs First companies incorporating artificial intelligence in their pitches to investors.

Diverging Views on AI Regulation Framework

Technology leaders are expressing contrasting perspectives on how artificial intelligence should be regulated, with LinkedIn co-founder Reid Hoffman advocating for an incremental approach while Anthropic’s Jack Clark emphasizes the need for comprehensive policy solutions, according to reports from recent industry events.

by Natalie Brooks
BusinessStartups

Global Payroll Provider Deel Secures $300 Million, Valuation Soars to $17.3 Billion Amid Expansion Drive

Payroll and HR startup Deel has raised $300 million in a new funding round, according to reports, boosting its valuation to $17.3 billion. The company reportedly plans to use the capital for global infrastructure expansion and acquisitions, aiming to offer native payroll in over 100 countries by 2029.

Funding Round and Valuation Milestone

Payroll startup Deel has reportedly raised $300 million in a Series E funding round, according to Reuters, valuing the company at $17.3 billion. Sources indicate the round was led by new investor Ribbit Capital, with participation from existing backers including Andreessen Horowitz and Coatue Management. This represents a significant increase from the company’s previous valuation of $12.6 billion earlier this year.

by Sarah Collins