flow chart of AI investments, with OpenAI at center

Sherwood News

A tangled web of companies have a stake in the biggest AI companies. Dive in and see

AI’s class of corporate investors goes beyond Big Tech.

11/25/24 9:00AM

Billions of investment dollars are flowing into the coffers of AI startups as the industry scrambles to bet big on which company will dominate the industry in the years to come.

Each week brings reports of new fundraising for the private companies leading the pack, along with eye-popping valuations that aren’t exactly justified by the current state of each business. These deals are being scrutinized by the Federal Trade Commission.

To get a sense of which companies from Amazon to Microsoft to Nvidia to Salesforce got in on the ground floor of some of the most promising AI startups, we dove into fundraising data from Pitchbook to see who has stakes in OpenAI, Mistral AI, Perplexity, and Anthropic.

Hyunsoo Rim

appy birthday

4/1/26

Apple is turning 50 today and it doesn’t look a thing like its younger self

From Macs to iPods, iPhones, and now services, here’s how Apple’s business has looked every 10 years.

The entrance of Allbirds seen from Hayes St. in San Francisco, Calif.

Allbirds, the once buzzy multibillion-dollar sneaker startup, is selling up for $39 million

That’s less than 1% of its peak market cap about four years ago.

Tom Jones3/31/26

Max Knoblauch3/30/26

JetBlue is raising its bag fees as fuel costs squeeze airlines

JetBlue will reportedly hike its bag fees, as the cost of jet fuel continues to climb amid the war in Iran. It’s the latest example of carriers finding ways to push rising costs onto travelers.

Last week, United Airlines CEO Scott Kirby said that if fuel prices remain elevated, fares would need to rise another 20% for his airline to break even this year.

As CNBC reported, when one airline raises fees, others tend to follow.

Earlier this month, JetBlue hiked its first-quarter outlook for operating revenue per seat mile to between 5% and 7%, saying that strong Q1 demand helped “partially offset additional expenses realized from operational disruptions and rising fuel costs.” Now, the carrier appears to be making moves to further boost revenue to offset those costs.

Earlier on Monday, JetBlue rival Alaska Air lowered its Q1 profit forecast. The refining margins for the carrier’s cheapest fuel option — sourced from Singapore and representing about 20% of Alaska’s overall supply — have spiked 400% since February.

JetBlue did not immediately respond to a request for comment.