US venture capital firms raised $12.8 billion in the first week of the year. This amount is more than the amount raised in the entire year of 2009 or 2010. The bulk of the funding comes from Andreessen Horowitz, which announced it raised $9 billion.
Elon Musk and Vivek Ramaswamy, appointed as co-leads of President-elect Donald Trump's "Department of Government Efficiency" (DOGE), have detailed their plans in an op-ed published in The Wall Street Journal.
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