All articles tagged with #reid hoffman
President Trump ordered a crackdown on what he described as 'left-wing terrorism,' targeting alleged funders like George Soros and Reid Hoffman, and involving multiple agencies to disrupt financial networks supporting political violence, amid accusations of political persecution and without concrete evidence.
LinkedIn co-founder Reid Hoffman has raised concerns about Elon Musk's potential conflict of interest in setting AI policies under the Trump administration. Hoffman warns that Musk's involvement in the Department of Government Efficiency could lead to favoritism towards his company xAI, potentially harming U.S. technological and economic security. Hoffman also questions Trump's approach to cryptocurrency regulation, fearing it may benefit select ventures. Despite his criticisms, Hoffman hopes for positive outcomes in U.S. innovation and entrepreneurship.
Microsoft is reportedly paying approximately $650 million to acquire Inflection AI, with $620 million for non-exclusive licensing fees and $30 million to prevent legal action. Investors are expected to receive favorable returns, and the remaining company will pivot to become an AI studio. The move provides a soft landing for Microsoft and its board member's VC firm, while also potentially offering strategic advantages in the AI space.
Billionaire Reid Hoffman, a Democratic supporter, has reportedly halted further financial support for Nikki Haley's presidential campaign after her losses in the Iowa caucus and New Hampshire primary to former President Donald Trump. Hoffman, who initially believed Haley had the best chance at beating Trump, is one of her first wealthy donors to withdraw support, with others also reconsidering their fundraising efforts due to her winless streak in the primary season. Despite some planning to publicly support Haley, doubts remain about their ability to raise significant funds for her campaign, especially as Trump leads by a wide margin in her home state of South Carolina.
Former President Donald Trump criticized billionaire Democratic donor Reid Hoffman for giving $250,000 to a pro-Nikki Haley super PAC and funding E. Jean Carroll's lawsuit accusing Trump of rape. Trump called Hoffman a "disgusting slob" and criticized the civil trial's outcome, where he was found liable for sexually abusing and defaming Carroll. Hoffman has supported various anti-Trump causes and candidates, citing a desire to protect the rule of law from Trump's legal tactics.
Former OpenAI director Reid Hoffman expressed confusion over the board's decision to briefly push out CEO Sam Altman without providing a specific reason. Altman was ultimately reinstated after pressure from investors and the threat of a mass exodus. The board is undergoing changes, but the exact cause of the initial chaos remains unknown. Speculations include Altman's pursuit of funding for a new AI chip startup, concerns about the company's risk assessment, a technical breakthrough, and a disagreement with a director. The uncertainty has allowed rivals to capitalize on the situation. Hoffman, one of OpenAI's original donors, believes Altman's reinstatement is positive and highlights the strong relationship between OpenAI and Microsoft.
Reid Hoffman, a major Democratic donor and co-founder of LinkedIn, has donated $250,000 to a super PAC supporting Nikki Haley, a Republican candidate in the 2024 primary race. Hoffman's donation, which has not been previously reported, was confirmed by his political adviser. The super PAC, SFA Fund Inc., has been a significant player in the race, spending over $33 million. Hoffman's contribution will help Haley's campaign buy more television ads as she seeks to differentiate herself from other candidates and close the polling gap with former President Donald Trump. Such cross-party giving is rare and could invite backlash.
Venture capitalist Reid Hoffman, co-founder of LinkedIn and partner at Greylock Partners, is planning to scale back his investment role at Greylock. Hoffman, who has been with Greylock for over a decade, will transition to a part-time partner role and focus more on his philanthropic and public service activities. This move comes as Hoffman aims to dedicate more time to initiatives such as combating disinformation and supporting ethical technology.
LinkedIn cofounder Reid Hoffman criticized Elon Musk, accusing him of buying into Russian President Vladimir Putin's narrative on the war in Ukraine. Hoffman claimed that Musk "bought what Putin was selling" and referenced Musk's comments at a conference in Aspen where he suggested negotiating peace with Putin. Musk faced backlash for tweeting an idea that echoed Kremlin talking points and proposed Ukraine ceding territory to Russia. Despite the controversy, Musk clarified his support for Ukraine and highlighted SpaceX's efforts to provide internet access through Starlink satellites. Hoffman has previously called out Musk on other issues, including his stance on AI development.
Democratic megadonor and top Biden backer Reid Hoffman, who has positioned himself as a centrist fundraiser and ally of President Joe Biden, has been funding groups that have worked against Biden's legislative vision. Protect Democracy, a legal group cofounded by Obama administration alums and funded by Hoffman, filed a brief supporting the Supreme Court's decision to strike down Biden's student debt relief proposal. Hoffman's spending via Mainstream Democrats PAC has also gone towards opposing progressive Democrats in primaries, benefiting conservative House Democrats who have opposed and undermined Biden on key issues. This pattern of centrist opposition has repeatedly thwarted Biden's ambitions, including his Build Back Better Act and minimum wage hike proposals.
Reid Hoffman, a billionaire entrepreneur and venture capital investor, is on a mission to promote the positive aspects of artificial intelligence (AI) and show how it can improve humanity. Hoffman, who co-founded LinkedIn and sits on the boards of 11 tech companies, has engaged in an aggressive thought-leadership campaign to extol the virtues of AI in blog posts, TV interviews, and fireside chats. He believes AI is critical to his goal of "elevating humanity" and has spoken to government officials around the world to promote his positive outlook.
Donald Trump attacked his rape accuser, E Jean Carroll, on social media, accusing her of being bankrolled by a liberal megadonor. His attorneys were later admonished by the judge for potentially tampering with the jury. The case raises questions about the funding of Ms Carroll's legal expenses by a private nonprofit primarily funded by Reid Hoffman, a known donor to Democratic candidates and causes. The discovery phase of the lawsuit was expanded to include questions and documents regarding Mr Hoffman and other donors to the nonprofit, but whether they'll be able to use any evidence they gather is uncertain.
Reid Hoffman, the billionaire behind LinkedIn and a major Democratic donor, has been revealed to be secretly funding E. Jean Carroll's rape case against former President Donald Trump. The disclosure came out in contentious correspondence between lawyers for Carroll and Trump, who are battling over whether to delay the trial scheduled to start in two weeks. While it's unclear if the payment arrangement has any material impact on the case itself, Trump's lawyers are using it to ask a federal judge to push back the trial or even open up another round of investigation before it starts.
Former President Donald Trump has requested a delay in the trial of E. Jean Carroll, who accused him of assault and defamation, after learning that a Democratic donor, Reid Hoffman, had paid for some of her legal fees. Trump's lawyer asked the judge to reopen discovery, delay the trial one month, or instruct the jury of adverse inference instruction. However, the judge ruled that the trial would start on April 25 and allowed the defense to look into how Carroll's legal bills are paid. Carroll's lawyers opposed any delay, stating that the financial support from the nonprofit came in 2020 and is "irrelevant" to the issues in the case.
Reid Hoffman, co-founder of LinkedIn and a critic of Donald Trump, has helped fund E. Jean Carroll's lawsuit against the former president for rape and defamation. Trump's lawyers accused Carroll of concealing Hoffman's role, which they claim raises questions about her credibility and the legitimacy of her allegations. The judge allowed a narrow inquiry into the funding issue but declined to delay the case, which is scheduled for trial on April 25. Hoffman has a history of funding Democratic candidates and causes, and his philanthropic adviser stated that they support people in obtaining their legal rights.