The legendary abandons its more than 20 year tradition of keeping its funds to about $425 million.

On Thursday, Scale AI and the Center for AI Safety (CAIS) released Humanity's Last Exam (HLE), a new academic benchmark aiming to "test the limits of AI knowledge at the frontiers of human expertise," ...

Benchmark's Peter Fenton, Eric Vishria, Sarah Tavel, Chetan Puttagunta and Victor Lazarte will all serve as equal partners in its new fund. Venture capital firm Benchmark is raising $425 million for ...

Benchmark has raised two new funds, one of which will invest in later-stage startups, breaking with the firm’s tradition of exclusively backing early-stage companies. The firm will invest in those ...

The new benchmark, called Elephant, makes it easier to spot when AI models are being overly sycophantic—but there’s no current fix. Back in April, OpenAI announced it was rolling back an update to its ...

While fund sizes of many venture capital firms have ballooned into billions of dollars over the last decade, Benchmark Partners, one of Silicon Valley’s most successful investors, has stuck to raising ...