During the COVID-19 pandemic, mortgage interest rates dropped to historic lows — as low as 2.5%. Fast-forward a few years and rates soared — to highs nearing 8% in 2023, with the national average 30-year fixed mortgage APR as of April 1 still at 6.84%. The whiplash has left many people seeking to buy homes…
Category: Khosla Ventures
AI, Artificial Intelligence, Enterprise, Exclusive, Global IT News, Global Security News, Khosla Ventures, Onyx, open source, Startups
Why Onyx thinks its open source solution will win enterprise search
Enterprises have troves of internal data and information that employees need to complete their tasks or answer questions for potential customers. But that doesn’t mean the right information is easy to find. Onyx wants to solve that problem through its internal enterprise search tool. There are other big names in the category, like Glean —…
Global IT News, Global Security News, Keith Rabois, Khosla Ventures, openai, Venture, Vinod Khosla
Khosla Ventures seeks $3.5B in fresh capital
Khosla Ventures, a firm known for early investments in OpenAI, is raising $3.5 billion across three funds, the Wall Street Journal reported. That target is 17% larger than the firm’s previous 2023 fund haul of $3 billion. About half of the new capital will be allocated to its ninth core venture fund. The remaining money will…