Richard Nieva

@richardnieva.bsky.social

Senior Writer at Forbes covering AI. Previously: BuzzFeed News. East Bay native. Tips: rnieva@forbes.com or Signal at username Rnieva.26

I chatted with OpenAI head of chips Richard Ho, who led the development of its Jalapeno chip. He told me about choosing Broadcom as a partner over Nvidia and AMD, “competing among friends” with Nvidia, and Sam Altman urging the industry to build more fabs. www.forbes.com/sites/richar...

OpenAI Asked The Chip Industry To Build Faster. Then It Built Its Own Chip Team.

Richard Ho, who helped create Google’s first TPU chip, also built OpenAI’s semiconductor unit from scratch. Now he’s grappling with deploying the first chips, doomerism and “competing among friends” w...

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New: I spoke to current and former employees at Snap to try to make sense out of Specs, its $2,195 AR glasses, panned for being too chunky and expensive. I found Snap dealing with a familiar boogeyman: Meta and Mark Zuckerberg. www.forbes.com/sites/richar...

Evan Spiegel's Ill-Fated $3 Billion Plan To Put Snapchat On Your Face

The former tech wunderkind has poured billions into his quest to make technologically superior AR glasses and best nemesis Zuckerberg's Meta.

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New: Corgi has closed yet another round of funding, this time raising $64 million at a valuation of $5 billion — up from $4 billion in July. It comes as the startup deals with controversies including the temporary closure of one of its all-night cafes. www.forbes.com/sites/richar...

Corgi Is Worth $5 Billion, Nearly Quadruple Its Value Five Months Ago

AI insurance outfit Corgi has been on a nonstop funding spree since May — even as it deals with controversies and feuds.

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I profiled Applied Compute, started by three ex-OpenAI researchers, which builds custom models for enterprise customers. They are finalizing a fundraising round of $350 million at a valuation of $3.25 billion. www.forbes.com/sites/richar...

Ex-OpenAI Staffers Are Building A Cheaper, More Open Alternative

Just 15 months after it founding, Applied Compute is raising $350 million at a $3.25 billion valuation, nearly double its worth from four months ago.

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As Google DeepMind deals with a huge shakeup, I wrote about a quiet rivalry between folks in its London and Mountain View offices, stemming from the 2023 merger of Google Brain and DeepMind. One former employee called it the “America-fication” of DeepMind. www.forbes.com/sites/richar...

The Hidden Rivalry At Google DeepMind: London Versus Mountain View

Even before a massive shakeup in leadership at Google’s frontier AI lab, the org had faced quiet tensions between its offices across the Atlantic.

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Today we published the 12th edition of the Next Billion Dollar Startups list, a fun one because it spotlights up-and-comers working on everything from bone marrow transplants to thwarting biological threats. www.forbes.com/sites/richar...

Forbes Next Billion-Dollar Startups 2026 List

The Forbes Next Billion-Dollar Startups 2026 list highlights venture-backed companies likely to become unicorns. Learn more about these fast-growing startups.

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After Cerebras’ long-awaited IPO, CEO Andrew Feldman is now a billionaire worth an estimated $3.4 billion. Check out my story, which involves a secret dance floor and Halloween candy from a Nobel Prize winner. www.forbes.com/sites/richar...

AI Chipmaker Cerebras’ CEO Is Now Worth $3.4 Billion After Long-Awaited IPO

The next-gen chipmaker first filed for its IPO in September 2024. Now, after snags that held up its debut, it’s a public company.

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Corgi, an AI insurance startup, just raised $160 million at a $1.3 billion valuation. Its employees work 7 days a week, it owns and operates a 24/7 cafe and has a company-owned Corgi named Trudy, which employees walk and feed with the help of an AI bot. www.forbes.com/sites/richar...

This AI Insurance Company With An All-Night Cafe And Cheeky Corgi Is Now A Unicorn

Named after the company-owned dog, Corgi embodies the sometimes-absurd San Francisco startup scene. And it just raised $160 million at a $1.3 billion valuation.

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I chatted with AWS CEO Matt Garman, who says the company is “bullish” on the Middle East, despite recent drone strikes that have damaged data centers. He also touched on the OpenAI deal, hoping it will improve Amazon’s Trainium chips www.forbes.com/sites/richar...

Amazon’s AWS Chief Is ‘Bullish’ On Middle East Despite Conflict

Matt Garman, who rose from intern to Amazon Web Services boss, also hopes the company’s recent deal with OpenAI will help improve the e-commerce giant’s Trainium chips.

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Vercel, the web hosting and deployment company, hit run rate revenue of $340 million at the end of February. And its $300 million funding round in September has made founder Guillermo Rauch a billionaire, worth an estimated $2.1 billion. www.forbes.com/sites/richar...

This Argentine Billionaire’s Startup Vercel Is One Of Claude Code’s Go-To Web Hosting Tools

One of the most popular ways to view the Epstein Files, an interface called Jmail that mimics a Gmail inbox, is hosted on Guillermo Rauch’s $9 billion unicorn Vercel.

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New: Replit has raised $400 million at a $9 billion valuation, and is releasing its new coding agent. The goal is to make vibe coding more like you’re doodling on a white board. Paul Graham, an early investor, thinks it will “redefine” the term. www.forbes.com/sites/richar...

Replit’s Jordanian Immigrant Billionaire Founder Shakes Up Vibe Coding

Amjad Masad’s Replit allows users to work together like they’re doodling on a white board. It also made him a billionaire along the way.

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For our cover story on Sam Altman, we sat down with him for two wide-ranging interviews. We couldn’t fit everything into the final profile. Here’s some of what we discussed, from Elon and Trump to robotics and vaccines. w/ Anna Tong www.forbes.com/sites/richar...

Sam Altman On Elon Musk, Donald Trump, Robotics, Fatherhood And More

Across two wide-ranging interviews with Forbes, Altman covered more ground than could fit in our profile. Here are his remarks on everything from vaccine research to critics who argue he backs compani...

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