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October 6, 2025 3 mins
This is you Silicon Valley Tech Watch: Startup & Innovation News podcast.

This week in Silicon Valley, venture capital continued flowing into ground-breaking startups, spotlighting how the region stays at the center of global tech innovation. Cerebras Systems dominated headlines with a massive 1.1 billion dollar Series G to scale its artificial intelligence supercomputing, underscoring how AI hardware remains a magnet for large-scale capital. Meanwhile, one of the most intriguing funding stories came from Periodic Labs, which emerged from stealth with a record-breaking 300 million dollar seed round led by Andreessen Horowitz and heavyweights like Nvidia and Jeff Bezos. Periodic Labs, founded by former OpenAI and DeepMind researchers, aims to automate materials discovery through “AI scientist” robotic laboratories—an ambition that could overhaul the entire process of scientific discovery and create ripple effects across everything from semiconductors to biotech, illustrating Silicon Valley's appetite for disruptive moonshots.

Another funding highlight, Filevine, a Salt Lake City-based legal tech platform that counts thousands of law firms as clients, secured 400 million dollars across two late-stage rounds backed by top-tier investors including Insight Partners and Accel. Their AI-powered legal “operating system” is positioned to drive workflow automation and analytics in a traditionally conservative sector. In the Bay Area, Oneleet raised 33 million dollars to automate security compliance, a timely product in a market demanding faster, smarter cybersecurity solutions.

On the tech jobs front, despite global IT spending hitting nearly 5.7 trillion dollars in 2025, hiring has taken a cautious turn. According to MojoTrek, hiring and quitting rates are at decade lows, but demand for artificial intelligence, cloud architecture, and AI ethics roles is surging. With 60 percent of U.S. tech managers specifically seeking artificial intelligence engineers—up dramatically from last year—and a persistent 45 percent skills gap across tech roles, companies are shifting to skills-based hiring and intensifying global search for top talent. The market for artificial intelligence specialists, DevOps engineers, and cloud architects is more competitive than ever, with employers emphasizing continuous learning and flexible work environments as differentiators.

Action items for listeners: If you are a founder, these funding rounds point to investor enthusiasm for AI infrastructure and automation, so tightening your product’s artificial intelligence or automation story will resonate. For jobseekers, focus on skills-based learning in cloud, artificial intelligence, and compliance tech, while leveraging global remote opportunities. For investors, stay alert to new entrants in automated scientific discovery and developer tools, both of which are seeing historic first-round raises.

Looking forward, expect more convergence between lab automation, artificial intelligence infrastructure, and dynamic hiring models as startups race to capitalize on rapidly evolving technologies. Thanks for tuning in to Silicon Valley Tech Watch. Come back next week for more. This has been a Quiet Please production and for more check out Quiet Please Dot A I.


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Transcript

Episode Transcript

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Speaker 1 (00:00):
This week in Silicon Valley, venture capital continued flowing into
groundbreaking startups, spotlighting how the region stays at the center
of global tech innovation. Cerebras Systems dominated headlines with a
massive one point one billion dollar series g to scale
its artificial intelligence supercomputing, underscoring how AI hardware remains a

(00:20):
magnet for large scale capital. Meanwhile, one of the most
intriguing funding stories came from Periodic Labs, which emerged from
Stealth with a record breaking three hundred million dollar seed
round led by Andresen Horowitz and heavyweights like Nvidia and
Jeff Bezos. Periodic Labs, founded by former Open AI and
deep Mind researchers, aims to automate materials discovery through AI

(00:45):
scientist robotic laboratories, an ambition that could overhaul the entire
process of scientific discovery and create ripple effects across everything
from semiconductors to biotech, illustrating Silicon Valley's appetite for disruptive moonshots.
Another funding highlight Filevine, a Salt Lake City based legal

(01:05):
tech platform that counts thousands of law firms as clients,
secured four hundred million dollars across two late stage rounds
backed by top tier investors including Insight Partners and Excel.
Their AI powered legal operating system is positioned to drive workflow, automation,
and analytics in a traditionally conservative sector. In the Bay Area,

(01:29):
One lead raised thirty three million dollars to automate security compliance,
a timely product in a market demanding faster, smarter cybersecurity solutions.
On the tech jobs front, despite global IT spending hitting
nearly five point seven trillion dollars in twenty twenty five,
hiring has taken a cautious turn. According to Mojo Trek,

(01:51):
hiring and quitting rates are at decade lows, but demand
for artificial intelligence, cloud architecture, and AI ethics roles is surging,
with sixty percent of US tech managers specifically seeking artificial
intelligence engineers, up dramatically from last year, and a persistent
forty five per cent skills gap across tech roles. Companies

(02:11):
are shifting to skills based hiring and intensifying global search
for top talent. The market for artificial intelligence specialists, DevOps
engineers and cloud architects is more competitive than ever, with
employers emphasizing continuous learning and flexible work environments as differentiators.
Action items for listeners. If you are a founder, these

(02:32):
funding rounds point to investor enthusiasm for AI infrastructure and automation,
so tightening your product's artificial intelligence or automation story will resonate.
For job seekers. Focus on skills based learning in cloud,
artificial intelligence and compliance tech while leveraging global remote opportunities.
For investors, Stay alert to new entrants in automated scientific

(02:54):
discovery and developer tools, both of which are seeing historic
first round raises. Looking forward, expect more convergence between lab automation,
artificial intelligence, infrastructure, and dynamic hiring models as startups race
to capitalize on rapidly evolving technologies. Thanks for tuning in
to Silicon Valley techwatch come back next week for more.

(03:17):
This has been a quiet please production and for more
check out Quietplease dot ai
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