Neil Rimer, the venture capitalist who co-founded Index Ventures, predicts the historic wealth AI is generating in Silicon Valley will have to be redistributed, voluntarily or involuntarily.
×
Share this Article
LINK CTA
Learn MoreMost Recent Articles
Applications close in 48 hours — here’s everything Australian founders need to know about Stripe x Startup Battlefield
The window is almost shut. On August 19, eight startups will take the stage at Stripe Tour Sydney in front of investors, global press, and the Australian tech community. One startup walks away...
Vertu wants executives to pay $6,880 for an AI agent — here’s how it actually performs
From AI workflows to battery life and security, here's what it's really like to live with Vertu's luxury foldable every day.
Databricks hits $188B valuation, extending its run as AI’s favorite second act
Databricks has remade its image into an AI company and has published research on the cost savings of open weight AI models for coding.
The Zoom hack that says, ‘Don’t record me’
If every meeting, watercooler conversation, and date gets transcribed and summarized, who's actually reading any of it?
Agility Robotics plants its flag in Tesla’s backyard
Agility is opening a new training center for its Digit robots in Fremont, California.
AI-driven memory crunch jolts India’s smartphone market
India's smartphone slowdown highlights how the AI boom is reshaping consumer electronics, from pricing and demand to corporate strategy.
Apple and Google ordered to purge ‘nudify’ apps from App Stores
In letters sent to Apple and Google, San Francisco City Attorney David Chiu said that both companies have long been aware that they are hosting apps in violation of state law.
Nuclear startup Valar Atomics in talks to raise new funding at $6B valuation
The potential deal highlights a growing trend of complex, multi-stage funding rounds that mask true entry prices.
I replaced my space heater and ceiling fan with one Dyson appliance
Designed for year-round comfort, the Dyson Hot+Cool HF1 combines quiet operation and simple controls with Dyson's signature bladeless design.
How Apple’s big lawsuit could disrupt OpenAI’s IPO plans
Apple filed a trade secrets lawsuit against OpenAI last Friday, and it’s not messing around. The complaint alleges a pattern of misconduct reaching all the way up to OpenAI’s chief hardware...
FBI arrests man accused of using Steam games to drain victims’ crypto wallets
Prosecutors accused 21-year-old student Zyaire Wilkins of publishing on Steam several fake video games that contained malware, infecting thousands of victims, and stealing crypto from some of them.
Parents want safer phones for kids. These companies are answering the call.
As parents look for alternatives to unrestricted smartphones, a growing number of companies are building phones designed specifically for kids, from feature-limited mobile devices to minimalist...
Amazon fixing bug that billed some AWS customers billions of dollars
Some Amazon customers logged on Friday to a surprise bill estimate claiming that they owed the tech and cloud giant billions in fees.
Patreon stops asking AI bots not to scrape — and starts blocking them
Patreon is strengthening its defenses against AI scraping by working with Cloudflare to block bots that train AI models on creators’ content without permission. The move marks a shift away from...
reMarkable’s new Paper Pure is good. That’s why I wrote this review on it.
Remarkable's Paper Pure replaces Remarkable 2, and it is quite good.
No product? No problem. This Disrupt 2026 session shows how to get pre-seed funding with conviction, storytelling
It’s not just you: AI startups are taking in a huge amount of seed funding, and in the process making things harder for anyone looking for funding even at a pre-seed stage. We’ve covered the trend...
Zoox issues software recall after a robotaxi got confused by heavy smoke
The recall comes as the top automotive safety regulator in the U.S. has warned AV companies about their vehicles interfering with first responders.
Why the first GPU financiers are turning to inference chips in a $400 million deal
A $400 million chip-backed loan points to the next wave of AI infrastructure deals.
San Francisco mayor pushes for tougher rules after the Waymo traffic fiasco
In the wake of a massive hours-long gridlock event, San Francisco mayor Daniel Lurie has told state regulators it's time to put more requirements on robotaxi operators like Waymo.
SpaceX suddenly aborts second Starship V3 launch after ignition
The company didn't immediately say what went wrong. SpaceX's stock plunged more than 4% in after-hours trading before paring losses.