Chamath Palihapitiya Announces $135 Million Funding, Rare CEO Title For 8090: ‘AI Can Be The Grand Equalizer’

Entrepreneur and venture capitalist Chamath Palihapitiya is best known to many investors for his love of SPACs and for bringing several companies public via reverse mergers, including Virgin Galactic, a space company he previously served as chairman of. Palihapitiya announced funding for an AI-related company he co-founded and explained why he is serving as CEO. Chamath Palihapitiya the CEO A look at Palihapitiya’s biography or resume will reveal his many roles and titles across companies like AOL, Facebook and Social Capital. Most often serving in board roles since leaving Facebook, Palihapitiya is the CEO of Social Capital. He can now add CEO of 8090 Labs to his resume, announcing via social media his new job title alongside news the company completed a $135 million Series A funding. According to a tweet from Palihapitiya, 8090 works with the "most demanding customers" across regula...