Friday, November 11, 2022

Elon Musk warns of Twitter bankruptcy as more senior executives quit

Musk told Twitter employees on a call he could not rule out bankruptcy, two weeks after buying it for $44 billion - a deal that credit experts say has left Twitter's finances in a precarious position.

from Tech-Economic Times https://ift.tt/VP8OSwf

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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...