Thu. 09/12 – OpenAI’s Big New Raise
Update: 2024-09-12
Description
As expected, OpenAI is in talks for a new capital raise at a $150B valuation. More layoffs in Microsoft’s gaming division. More holes poked in our creaking internet infrastructure. The tiny SpaceX competitor who’s stock has been soaring lately. And a look at what Apple’s recent AirPods announcement could do to the hearing aid industry.
Links:
- OpenAI Fundraising Set to Vault Startup’s Valuation to $150 Billion (Bloomberg)
- The AI Spending Spree, in Charts (WSJ)
- Microsoft Lays Off Another 650 Staff From Its Video Game Workforce, Xbox Boss Phil Spencer Sends Memo to Staff (IGN)
- Rogue WHOIS server gives researcher superpowers no one should ever have (ArsTechnica)
- Adam Neumann’s Climate Company Is Issuing Refunds After Failing To Launch Crypto Token (Forbes)
- SpaceX’s Tiny Rival Soars 1,300%. Now Comes the Satellite Launch (Bloomberg)
- Apple turning AirPods into hearing aids underscores effort to crack massive health market (CNBC)
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