Wednesday, August 30, 2023

Goldman may part-convert Pharmeasy debt to equity; P2P lenders look to diversify partnerships

Goldman Sachs is likely to convert some of its loan to online pharmacy PharmEasy into equity. Buoyed by binding commitments from existing investors, the epharnacy also plans to pay back a considerable chunk of its debt following the rights issue in September. This and more in today’s ETtech Morning Dispatch.

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

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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...