
Patreon co-founder Sam Yam is joing OpenAI to lead Creator Product. | Image: The Verge OpenAI has hired three former Patreon execs to anchor its product strategy for creators. After starting the creator subscription platform 13 years ago, co-founder and technology chief Sam Yam announced on X that he's joining OpenAI to lead Creator Product. He's also bringing Patreon's former product head Drew Rowny and engineering head Shannon Ma with him on the new venture, both of whom stepp
OpenAI has hired three former executives from Patreon, including its cofounder and technology chief, to lead a new Creator Product division. The hires suggest OpenAI is moving into the creator monetization business, an area where Patreon established the blueprint for the modern creator-subscription economy. An announcement about these new tools for creators is expected at OpenAI's upcoming event, with the cofounder indicating that early tools are already being tested. This move represents a significant shift for OpenAI's product strategy and comes as Patreon itself has faced recent workforce reductions.
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Dropbox announced Thursday plans to acquire Tigris Data for $350 million in a transaction the company told Crunchbase News would mark its largest acquisition since its founding in 2007. Founded by former Uber engineers, Sunnyvale, California-based Tigris is building a network of localized data storage centers that it claims can meet the distributed compute needs of modern AI workloads. Tigris has raised about $31.9 million since its founding in 2021, per Crunchbase data. Its October 2025 Series
Also reported by TechCrunch

Global venture funding in October totaled $59 billion, a 45% jump from a year earlier, per Crunchbase data, in large part due to a record-setting deal for China’s DeepSeek. The company’s $15.9 billion funding round marked the largest-ever venture deal for a Chinese company ever, and came in the same month that two other frontier labs raised blockbuster Series A rounds totaling at or close to $1 billion. The bulk of October’s venture funding was invested in the two leading countries for startup i

The startup allows software engineers to deploy teams of agents to work on various aspects of a project simultaneously.
Also reported by SiliconANGLE

OpenAI will acquire Pierre Computer Company, expanding Codex’s tools for building, understanding, and reviewing code.
Also reported by SiliconANGLE

The five-year-old startup raised a $1.3 billion round led by Bessemer.
Also reported by SiliconANGLE

Clutch, backed by Lightspeed and SignalFire, was last valued at $85 million, according to a source.