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Sources: OpenAI told investors the company expects $200M revenue in 2023 and $1B by 2024; source: OpenAI was recently valued at $20B in a secondary share sale (Reuters)
Reuters: Sources: OpenAI told investors the company expects $200M revenue in 2023 and $1B by 2024; source: OpenAI was recently…
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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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Paytm will buy back up to 10.5M shares worth ~$103M at a 50%+ premium to the December 13 closing price, seeking to convince investors of a path to profitability (Chloe Cornish/Financial Times)
Chloe Cornish / Financial Times: Paytm will buy back up to 10.5M shares worth ~$103M at a 50%+ premium to…
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The SEC charges Sam Bankman-Fried with defrauding investors and concealing diverting FTX customer funds to Alameda while raising over $1.8B (U.S. Securities and Exchange Commission)
U.S. Securities and Exchange Commission: The SEC charges Sam Bankman-Fried with defrauding investors and concealing diverting FTX customer funds to…
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