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Jack Altman joins Benchmark as GP | TechCrunch

February 17, 2026 by Team iUpdates

Jack Altman and Benchmark announced today that he will join the firm as a general partner. The news is a big deal, especially since Altman has been running his own VC firm, Alt Capital, since at least 2024. The fund raised a $150 million Fund I in early 2024 and then, just last September, announced … Read more

Benchmark raises $225 million in special funds to double on Cerebras | TechCrunch

February 7, 2026 by Team iUpdates

This week, AI chipmaker Cerebras Systems announced it had raised $1 billion in fresh capital at a $23 billion valuation — a nearly three-fold increase from the $8.1 billion valuation that rival Nvidia achieved just six months ago. While Tiger Global led the round, much of the new capital came from one of the company’s … Read more