F1 Grands Prix have emerged as a new place to see and be seen if you are a founder or investor.

Prediction market startup Kalshi has raised a $1 billion Series F round led by Coatue.

Corgi announced on Wednesday a $160 million Series B, led by TCV, valuing the startup at $1.3 billion.

Katie Haun announced on Monday that $1 billion has been raised across new funds to continue the firm’s thesis of backing crypto and blockchain startups.

VC firm 137 Ventures has raised over $700 million to back growth-stage startups. Its portfolio includes SpaceX, Anduril, Hadrian.

On Wednesday, Pursuit announced a $22 million Series A round led by Mike Rosengarten, the co-founder of OpenGov, with big-name VCs participating.

Chris Gray is suing his startup’s acquirer, Sallie Mae, for wrongful termination and alleging it's selling student data through a subsidiary. Sallie Mae denies the allegations and vows to fight.

Cohere, the Canada-based AI company that makes AI tools for businesses in regulated industries, announced Friday it would merge with Aleph Alpha, a German company that also builds AI systems for businesses and governments. 

Series, a social networking app that's grown popular on college campuses, announced a $5.1 million pre-seed round from some big names in tech.

Sierra, the AI customer service agent startup founded by technologist Bret Taylor, announced today that it has acquired the YC-backed French startup Fragment.

AI infrastructure company Upscale AI is reportedly in talks to raise its third funding round since launching just seven months ago.

Accel announced on Tuesday that it raised $5 billion in fresh capital to back late-stage companies building AI.

Pillar hopes to offer sophisticated, institutional-grade tools to small and medium-sized enterprises. "Our goal is to make hedging as accessible and ubiquitous as payments or accounting software," he said.

IBM entered into a $17 million settlement agreement on Friday with the U.S. DOJ over allegations that it engaged in “illegal DEI practices.”

Anthropic has purchased the stealth biotech AI startup Coefficient Bio in a $400 million stock deal, according to The Information and Eric Newcomer.

Gateway Capital, the Milwaukee-based venture firm founded by Dana Guthrie, can now begin investment operations for its $25M Fund II.

Woven Capital is the growth-stage venture capital arm of Toyota, focused on backing founders building in space, cybersecurity, and autonomous driving.

Among the most recent Y Combinator cohort, many startups were commanding $40 million valuations. But with more money comes higher expectations.

SXSW made some changes this year, but some founders loved it all the same.