I have joined @Reuters where I will be covering Google, its parent company Alphabet, and artificial intelligence.
My inbox is open at [email protected], or you can get in touch with me at kenrick.01 on Signal.
Kenrick Cai
1,138 posts
Kenrick Cai
@kenrickcai
Reporter @Reuters covering Google/Alphabet and AI. Formerly @Forbes. [email protected]. kenrick.01 on Signal (no PR pitches). It makes sense dramaturgically.
- Some news: I am now a senior reporter on the tech team @Forbes. I'll be covering startups and VC, particularly in Silicon Valley and the West Coast. Excited to hear your tips and to meet more people in this space doing visionary things. DM or email me!
- Personal news: My last day at @Forbes was earlier this week. I'm lucky to have spent the first five years of my career learning from the best to cover VC, startups, and AI. I'm taking a few weeks to rest and travel, then will be back in San Francisco for what's next. More soon!
- NEW: A year ago, Stability AI was an obscure startup. Now, it's emerged from generative AI hype valued at $1 billion. But 30+ people interviewed say its rise was helped by a bunch of misleading claims from founder Emad Mostaque. By @_IainMartin and me:
- Former Greylock partner Sarah Guo filed the Form D for Conviction Partners, her new $101 million fund, on Friday. I caught with with Guo to learn about her vision for the future of AI and why she's staking Conviction on funding "AI native" startups: forbes.com/sites/kenrickc…
- Hugging Face is the newest $2B company in AI, with new funding announced today. My inside story on the #ForbesAI50 (also out today!) first-timer and its pivot from iOS chatbot app to try and become the GitHub of machine learning: forbes.com/sites/kenrickc…
- Scoop: Stability AI's Emad Mostaque is planning to step down as CEO, according to three people who he told directly. It comes after the research team behind AI image generator Stable Diffusion resigned last week. From @_IainMartin and me: forbes.com/sites/kenrickc…
- NEW: Unpaid bills, bungled contracts, a disastrous meeting with Jensen Huang. From interviews with 32 sources, @_IainMartin and I have the story on how poor business judgment and wild overspending unraveled Emad Mostaque's reign as Stability AI's CEO: forbes.com/sites/kenrickc…
- Notion is, even by Silicon Valley standards, idiosyncratic. CEO Ivan Zhao picks out all the furniture at HQ and for years had a no-shoes policy. My latest magazine profile looks at @ivanhzhao's big AI bet, which earned @NotionHQ a spot on #ForbesAI50: forbes.com/sites/kenrickc…
- Deel annual recurring revenue at the end of... 2020: $4M 2021: $57M 2022: $295M Chatted with CEO Alex Bouaziz on how he got there, and the companies he's going after in Deel's next phase:
- 1/ ICYMI: our investigation into Emad Mostaque's fall at Stability AI includes details like... - a disaster meeting with Jensen Huang - GPUs doled out like "it was Candy Land" - more unpaid bills than cash in the bank - current exec's takes - AI Aristotle forbes.com/sites/kenrickc…
- Alexandr Wang became a billionaire at 24, planting a flag ahead of the AI gold rush. Excited to share my cover story chronicling his $7.3 billion company Scale AI, providers of the picks, shovels and humans — hundreds of thousands of them — powering AI. forbes.com/sites/kenrickc…
- Scoop: Runway is the latest generative AI startup to raise a big funding round. Its software has legs, being used to edit Hollywood blockbusters and design shoes. Still, Runway must grow into its $500M valuation, a 100x+ multiple on its ARR. My story: forbes.com/sites/kenrickc…
- Scoop: Kyle Vogt has raised $150 million for a new robotics startup, just six months after stepping down as CEO of Cruise. The Bot Company is already valued at $550 million post-money, sources tell me. Backers include Spark Capital and Nat Friedman. forbes.com/sites/kenrickc…
