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An agreement where an investor funds a startup in exchange for shares at a future date.
Short for Simple Agreement for Future Equity, this instrument allows early-stage companies to raise money without setting an immediate valuation. The investment typically converts into actual stock during a future priced funding round.
During Starship Flight 15, SpaceX's Super Heavy booster aborted its tower catch attempt, diverted to the Gulf of Mexico, and triggered its self-destruct system.
Ahead of its stock market debut under ticker symbol ANT, Anthropic CEO Dario Amodei detailed the AI startup's focus on enterprise clients, strict hiring practices, and safety.
Seven researchers, policy experts, and engineers who left OpenAI over safety concerns own a combined 10% stake in Anthropic, which is preparing for a public listing.
