Carol Masser

We'll find out what's driving the excitement and the huge funding round for a company fresh off the blocks as the Bloomberg Tech.

Humans and a new startup building, a frontier AI lab has raised a $480 million seed funding round at a $4.48 billion valuation, an unusually large haul for a young startup.

Bloomberg's VC reporter, Natasha Mascarenhas, joins us now.

What is the news here?

I mean, is it the seed round or the valuation?

What do we need to know?

And strategic investors like Nvidia, for example, what new do we need in a frontier lab right now?

We just have 20 seconds, but I guess is the clue in the investors themselves?

Bloomberg's Natasha Mascarenhas, it's a great write-up.

Thanks for coming and explaining it today.

Meanwhile, coming up, Replit investor, well, we know about their funding round of late.

Georgian is the key investor in that.

Margaret Wu joins us now to talk about her new portfolio company, that's Dominion Dynamics, and why she's getting into defense tech.

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