ChatGPT maker is now seeking about $20bn at a $1.25tn valuation as it tempers its ambitions
Excerpt from Financial Times. Original publication ↗
Source: Financial Times
When investors get nervous about AI spending, it helps to have the chipmaker that sells the chips offer to cosign the loan.
The UK has facilitated investment matchmaking between 25 Nigerian tech entrepreneurs and 15 investors to help them attract funding and expand operations. Read More: https://punchng.com/uk-backs-25-nigerian-tech-firms/
Tech stocks plunged amid concerns over AI investments, while a reported $6.3 billion hack of cryptocurrency exchange Binance raised security fears, with industry sources suspecting North Korean involvement. Kelly O'Grady has the latest.
The AI logistics startup will bolster the CRM giant's Missionforce defense platform.