Former Founders Fund GP Brian Singerman and co-founder and managing partner of Quiet Capital, Lee Linden, are seeking over $500 million for a new fund called GPx, three people familiar with their strategy told TechCrunch. A significant portion of GPx's fund, potentially as much as 50%, will come from Founders Fund co-founder Peter Thiel, these people said.

Top members of Meta’s new Superintelligence Lab discussed pivoting away from the company’s powerful open source AI model, Behemoth, and instead developing a closed model. This would mark a major philosophical shift for Meta.

Former Sequoia partner Matt Miller has already locked in $355 million for his new fund, Evantic, which is also backed by Sequoia, TechCrunch learned.

Like YouTube, Meta says it won't penalize users who are engaging with other people's content, doing things like making reaction videos, joining a trend, or adding their own takes.

The UnitedHealth-owned medical coding service was hacked earlier this year by a ransomware gang.