13B

Technology

Milo JasperJanuary 12, 2023
0 153

Source: OpenAI will get all of the equity back once $92B in profit plus $13B in initial investment are repaid to Microsoft and once other investors earn $150B (Gary Marcus/The Road to AI We Can Trust)

Gary Marcus / The Road to AI We Can Trust: Source: OpenAI will get all of the equity back once…
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Technology

Milo JasperJanuary 9, 2023
0 224

Montreal-based payments company Nuvei enters a deal to acquire Atlanta-based rival Paya for ~$1.3B, a ~25% premium to Paya’s last close; Paya stock jumps 24%+ (Reuters)

A quick recap of Zoho Assist in 2022 — For those of us at Zoho Assist, 2022 was a game…
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Technology

Milo JasperDecember 26, 2022
0 166

Analysis: publicly listed bitcoin mining companies collectively owe over $4B, led by bankrupt Core Scientific with $1.3B in liabilities and Marathon with $851M (Jaran Mellerud/Hashrate Index)

Jaran Mellerud / Hashrate Index: Analysis: publicly listed bitcoin mining companies collectively owe over $4B, led by bankrupt Core Scientific…
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Technology

Milo JasperDecember 14, 2022
0 172

Sources: some US banks that lent Elon Musk $13B to buy Twitter are preparing to book losses on the loans this quarter, as investors shy away from risky debt (Reuters)

Reuters: Sources: some US banks that lent Elon Musk $13B to buy Twitter are preparing to book losses on the…
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