investment
- Technology
Malaysia's YTL Power partners with Nvidia in a $4.3B investment deal to create AI infrastructure in the country, including building a supercomputer in Malaysia (Reuters)
Reuters: Malaysia’s YTL Power partners with Nvidia in a $4.3B investment deal to create AI infrastructure in the country, including…
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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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Sources: Microsoft is in talks to invest $10B in OpenAI at a $29B valuation as part of a deal to get 75% of OpenAI's profits until it recoups its investment (Semafor)
Semafor: Sources: Microsoft is in talks to invest $10B in OpenAI at a $29B valuation as part of a deal…
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PitchBook: in 2022, investors pumped $1.37B+ into generative AI companies across 78 deals, almost as much as the investment in the previous five years combined (New York Times)
New York Times: PitchBook: in 2022, investors pumped $1.37B+ into generative AI companies across 78 deals, almost as much as…
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China-based Freetech Intelligent Systems, which creates software and hardware for autonomous vehicles, raised a ~$100B Series B led by Chaos Investment (Shadine Taufik/Tech in Asia)
Shadine Taufik / Tech in Asia: China-based Freetech Intelligent Systems, which creates software and hardware for autonomous vehicles, raised a…
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The SEC's complaint against Caroline Ellison and Gary Wang says FTX's FTT token is a security as it was sold as an investment contract (Sam Reynolds/CoinDesk)
Sam Reynolds / CoinDesk: The SEC’s complaint against Caroline Ellison and Gary Wang says FTX’s FTT token is a security…
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The hype around esports is fading, as teams and organizations shrink due to a weak sponsorship and ad market, falling VC investment, and the crypto meltdown (Cecilia D'Anastasio/Bloomberg)
Cecilia D’Anastasio / Bloomberg: The hype around esports is fading, as teams and organizations shrink due to a weak sponsorship…
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