Saturday, March 19, 2022

As Tiger Global's VC arm borrows billion, JPMorgan calls in more banks

Booming equity markets and high-flying Chinese tech stocks -- many of which cratered this year -- were major contributors to that breakneck growth. But it was also fueled by a tool that venture firms tend to avoid: debt.

from Tech-Economic Times https://ift.tt/4gsUqyh

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Elon Musk's Tesla, SpaceX launch Terafab chips project; here's all you need to know

The project envisages setting up space-based AI computing, enabled by solar-powered satellites that could host data centres in orbit. From 1...