Tag: Sources
Sources: a16z and other investors in the fintech Synapse, which filed for bankruptcy in early May, were aware of recordkeeping discrepancies for years (Michael Roddan/The Information)
Michael Roddan / The Information: Sources: a16z and other investors in the fintech Synapse, which…
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…
Sources: Intel is in superior, exclusive talks for a deal in which Apollo Global Management would supply $11B+ to help the chip giant build a plant in Ireland (Wall Street Journal)
Wall Street Journal: Sources: Intel is in advanced, exclusive talks for a deal in which…
Alibaba leverages computing resources to become a leading AI investor in China; sources: cloud credits made up ~50% of Alibaba's $800M investment in Moonshot AI (Financial Times)
Financial Times: Alibaba leverages computing resources to become a leading AI investor in China; sources:…
Motional cut about 550 staff, around 40%, in recent restructuring, sources say
Around 550 employees across autonomous vehicle company Motional have been laid off, according to information…
Sources: OpenAI is preparing to demonstrate an AI voice assistant that recognizes objects and images and has better logical reasoning than its current products (Stephanie Palazzolo/The Information)
Stephanie Palazzolo / The Information: Sources: OpenAI is preparing to demonstrate an AI voice assistant…
Filings: SoftBank's Vision Fund has seen its US portfolio shrink by ~$29B since the end of 2021 as, sources say, Masayoshi Son plans forays into AI and chips (Min Jeong Lee/Bloomberg)
Min Jeong Lee / Bloomberg: Filings: SoftBank's Vision Fund has seen its US portfolio shrink…
Sources: Alphabet has been progressing in talks to acquire marketing software provider HubSpot and has discussed phrases; HubSpot has a $30B market cap (Bloomberg)
Bloomberg: Sources: Alphabet has been progressing in talks to acquire marketing software provider HubSpot and…
Renewable energy sources are now used for a third of the world’s electricity needs
Something to look forward to: A new report from an independent global energy think tank…
Sources: US prosecutors are examining if Tesla committed securities or wire fraud by misleading investors and consumers about Autopilot and Full Self-Driving (Reuters)
Reuters: Sources: US prosecutors are examining if Tesla committed securities or wire fraud by misleading…
