Tuesday, February 1, 2022

Facebook's cryptocurrency venture to wind down after asset sale to Silvergate

The sale was the culmination of several years of struggle for Meta's fintech unit, which lost most of its leadership, including director David Marcus, amid an exodus of staffers in the fall.

from Tech-Economic Times https://ift.tt/1Inyps02z

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OpenAI set to raise about $10 billion from MGX, Coatue, Thrive

OpenAI is nearing a deal to raise about $10 billion from venture investors, lifting its latest funding round to roughly $120 billion. Backer...