Alphabet’s investing arm has promoted Terri Burns to partner. Burns, who joined GV in 2017 as a principal, or junior level investor, becomes the firm’s first Black female partner. Few VC firms employ Black investors, especially in positions that enable them to write checks. Calls to bring more people of color into the white, male-dominated investment industry have reached new highs amid...
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Oracle’s Answer to the Microsoft-OpenAI Alliance: Cozying Up to Cohere
Oracle has invested in Cohere, an artificial intelligence startup that competes with OpenAI, the startup said on Thursday. What Cohere didn’t say: Oracle plans to make the startup a centerpiece of its strategy to catch up to bigger cloud rivals that sell services powered by large-language models. Steve Miranda, a senior Oracle executive, has told employees the company plans to sell access...
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