News Around the Globe
By Elisa OpenAI, the company behind ChatGPT, has reached a valuation of $500 billion, following a deal in which current and former employees sold roughly $6.6 billion worth of shares, …
Read More By Barrabi Sam Altman’s OpenAI has raised $40 billion in a new funding round led by investment giant SoftBank as it looks to stave off rivals like Elon Musk’s xAI …
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By Mcenery The colorful Japanese billionaire behind the summer’s unexpected tech rally — and subsequent declines — appears to be up to his old tricks. Masayoshi Son, the 63-year-old founder …
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By Vega SoftBank warned investors that it expects to report a massive loss this year, thanks in part to the coronavirus wreaking havoc on already-struggling investments like WeWork. The Japanese …
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By Mcenery Hedge fund activist Paul Singer has a new target in his crosshairs: the massive investment firm behind WeWork’s bungled stock debut. Singer’s Elliott Management said it’s amassed a …
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