
Founders Fund has made its name backing what Peter Thiel calls 'zero to one' companies — businesses that don't just improve on existing ideas but create something entirely new. Its portfolio includes Facebook, SpaceX, and Palantir. Its latest bet is a New Zealand startup that

SpaceX launched its IPO on the same day the U.S. sent astronauts to the moon for the first time in 54 years. And the timing is appropriate: This is likely the last time NASA will try to send people to deep space without major assistance from a company that emerged from the venture-backed tech scene.

Indian AI startup Sarvam AI is in negotiations for funding at a $1.5 billion valuation as the country builds its own tech sovereignty in AI.