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LA-based Webtoon, owned by South Korea's Naver, files for a US IPO; sources: the online comics platform could seek to raise up to $500M at a $3B-$4B valuation (Michael Hytha/Bloomberg)
Michael Hytha / Bloomberg: LA-based Webtoon, owned by South Korea's Naver, files for a US…
A look at professor-led crypto projects EigenLayer and Babylon, which seek to generate yield from cryptocurrencies, as "professor cash" spur investor interest (Bloomberg)
Bloomberg: A look at professor-led crypto projects EigenLayer and Babylon, which seek to generate yield…
Alternative clouds are booming as companies seek cheaper access to GPUs
The appetite for alternative clouds has never been bigger. Case in point: CoreWeave, the GPU…
Sources: Biden administration is encouraging US tech groups to seek AI deals in the UAE and brokered Microsoft's deal with G42, as it seeks an edge over China (Financial Times)
Financial Times: Sources: Biden administration is encouraging US tech groups to seek AI deals in…
Jony Ive and Sam Altman seek $1B in funding
Reports last fall claimed that Jony Ive and Sam Altman had been talking about creating…
As chip companies seek a backup to China, Malaysia becomes a surprise investment vacation spot, thanks to its background in packaging, assembling, and testing (Financial Times)
Financial Times: As chip companies seek a backup to China, Malaysia becomes a surprise investment…
Indian watchdog MeitY issues an advisory asking developers to seek "specific permission" before deploying any AI models or AI-backed algorithms (The Economic Times)
The Economic Times: Indian watchdog MeitY issues an advisory asking developers to seek “explicit permission”…
