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High school dropouts are ditching college, hustling through Y Combinator and pitching VCs. Two have raised $6 million so far. Read their pitch decks.
Rain AI, an upstart chipmaker backed by Sam Altman, is exploring a sale. OpenAI is one suitor.
MIT alumni have big impacts on the economy, from startups to storage systems. Foundation Alloy, an MIT spinout, uses solid-state metallurgy to produce a range of metals. Zingage, another MIT alumnus, is using predictive AI to schedule home healthcare agencies.
The Bain Capital-backed health payments company has nearly $1 billion in earnings and is preparing to go public. Midi’s menopause care business is growing quickly, and the startup has a $150 million revenue run rate. Founders are putting their money in digital-first banks to lower their risks and raise more money. Anduril CEO Byron Mercer’s new fund will help tech founders park their cash. He’s also cofounded a venture that will let them share their profits with friends and family.
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