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2 articles summarized · Last updated: LATEST

Last updated: August 14, 2026, 5:35 PM ET

Venture Capital

Joshua Kushner, founder of Thrive Capital, has cautioned venture capitalists against excessive excitement surrounding artificial intelligence, urging them to maintain investment discipline. He stated in his initial investment letter that while the AI opportunity is substantial, it would be a significant mistake to let enthusiasm compromise rigorous analysis. Kushner warns against succumbing to AI euphoria.

Top Funding Rounds

The week's largest funding rounds were dominated by significant investments in data and AI infrastructure. Databricks secured another $5 billion, following a similar substantial raise just eight months prior. Other notable financings included an AI neolab, data center and electricity storage solutions, and defense technology.