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Welcome to Tech News Briefing. It's Wednesday, August 7th. I'm Zoe Thomas for the Wall Street Journal.

A federal judge has ruled Google engaged in illegal practices to preserve its search engine monopoly.

The big question now, what comes next for Google, its partners, and its competition?

Our reporter, Miles Krupa, will join us with more on that.

And Venture Capital Funding, which boomed during the pandemic, fell off a cliff two years ago

as interest rates rose.

But advancements in artificial intelligence are bringing back some of that enthusiasm for VC investing. We're starting with news from the venture capital world.

Thrive capital has raised $5 billion for its largest ever pair of venture capital funds.

The firm which was founded 15 years ago by Josh Kushner

has gained greater prominence in Silicon Valley startup circles

thanks to its close relationship with open AI.

Thrive has invested hundreds of millions of dollars into the chat GPT maker since April

2023 and recently backed other AI startups.

With more on this, we're joined now by our reporter, Burber Jin.

Burber, what does this $5 billion fundraising tell us about the broader VC market and how investors are responding to the AI boom.

This fundraise shows that the AI boom has made investors a lot bolder and you almost see a return to the 2020 2021 era of the startup market

when interest rates were super low and startups were getting crazy funding rounds

...