Saturday, May 21, 2022

Startup investors push founders to focus on stronger unit economics amid funding slowdown

In the last 2-3 weeks, many startups have deferred hiring mandates to the next quarter, as they head into a funding winter and want to go slow on expansion and step cautiously to conserve cash, said executive search firms and startup founders.

from Tech-Economic Times https://ift.tt/i74szKH

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OpenAI Foundation outlines $1 billion push, expands leadership team

OpenAI has committed at least $1 billion over the next year as part of recapitalisation efforts for its Foundation. The investment is aimed ...