Friday, July 15, 2022

Payments firm Stripe cuts internal valuation by 28% - WSJ

Payments firm Stripe told employees in an email that its internal share price was about $29, compared with $40 in the previous internal valuation, the report said.

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

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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 ...