Latest in OpenAI's $150 Billion Valuation Depends on Corporate Structure
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OpenAI Chair’s AI Startup Sierra Gets $4.5 Billion Valuation in Latest Funding Round
Former Salesforce co-CEO Bret Taylor’s company keeps pulling in money from top VC firms as expectations mount.Business - Inc. - October 29 -
Jeff Bezos and OpenAI invest in robot startup Physical Intelligence at $2.4 billion valuation
Amazon's Jeff Bezos and OpenAI invested in Physical Intelligence, a robot startup that raised $400 million at a $2.4 billion post-money valuation.Business - CNBC - 4 days ago -
It Could Cost OpenAI a Lot to Drop its Nonprofit Structure
Leading AI firm OpenAI is valued at $157 Billion, but turning it into a for-profit company could mean a very expensive, complicated set of legal proceedings.Business - Inc. - October 14 -
OpenAI’s Journey to $157 Billion Chronicled in Documents
OpenAI originally applied to be recognized as a tax-exempt charitable organization by the IRS in 2016.Business - Inc. - October 13 -
Perplexity AI Hopes to Double Its Valuation to $8 Billion
The Jeff Bezos-backed AI company is looking to raise around $500 million in its new funding round.Business - Inc. - October 20 -
Perplexity AI seeks valuation of about $9 billion in new funding round
Perplexity started the year with a roughly $500 million valuation and has continued attracting significant investor interest alongside the generative AI boom.Business - CNBC - October 21 -
Bret Taylor’s AI startup Sierra raises funding at $4.5 billion valuation
Sierra, the startup founded by ex-Salesforce co-CEO Bret Taylor, has raised a fresh round of capital that values the company at $4.5 billion.Business - CNBC - October 28 -
AI Startup Perplexity to Triple Valuation to $9 Billion in New Funding Round
The artificial intelligence search company is raising $500 million in its fourth funding round this year.Tech - The Wall Street Journal - 3 days ago -
AI Startup Perplexity in Funding Talks to More Than Double Valuation to $8 Billion
The search-based chatbot is seeking to raise around $500 million in what would be its fourth funding round in a year.Tech - The Wall Street Journal - October 20 -
DevRev raises $100.8 million in Series A funding and becomes an AI unicorn at a $1.15 billion valuation
Following its successful Series A funding, DevRev drives forward its mission to revolutionize customer support and product development.Tech - VentureBeat - November 1 -
Perplexity AI in final stages of raising $500 million round at $9 billion valuation
Perplexity AI is in the final stages of raising $500 million in funding at a $9 billion valuation, a source familiar with the situation told CNBC.Business - CNBC - 3 days ago -
MicroStrategy, the largest corporate bitcoin holder, to raise more than $40 billion to buy more bitcoin
The plan is to use the additional capital ‘to buy more bitcoin as a treasury reserve asset,’ the company says.Business - MarketWatch - October 31 -
HSBC to Revamp Organizational Structure
Europe’s largest bank by market value will split off its Hong Kong and U.K. businesses as individual units.Business - The Wall Street Journal - October 22 -
Warriors' Curry (ankle) to miss at least 2 games
The Golden State Warriors announced that an MRI of Stephen Curry's sprained left ankle Monday did not detect any structural damage and described the injury as a left peroneal strain.Sports - ESPN - October 28 -
Is Biden’s legacy dependent on a Trump defeat?
For a one-term president, the incumbent has a substantial record — which could easily be unwoundWorld - Financial Times - November 1 -
Corporate Germany is on sale
German companies have become relatively small and relatively cheapWorld - Financial Times - October 18 -
Southern California wildfires destroy or damage hundreds of structures
More than 200 structures have been damaged or destroyed by wildfires in Southern California. Drought conditions have also caused wildfires in the Northeast. NBC News' Dana Griffin reports.Top stories - NBC News - 21 hours ago -
Why U.S. Economic Health Depends on Wealthy Consumers
Affluent Americans are driving retail spending, which could sustain healthy growth for the next year.Business - Inc. - October 18 -
Are Ballot Selfies Legal? That Depends on Where You Live.
New York is among the states where ballot selfies are banned, according to a recent report. Californians can snap away.Lifestyle - The New York Times - October 31 -
Michigan's election results could depend on these voting issues
Many voters in Michigan, a key batteground state in the 2024 presidential election, are weighing labor issues, the economy and Israel's war in the Gaza Strip as they cast their Election Day ballot. ...Top stories - CBS News - 4 days ago -
Corporate Retreats Are Back. Hotels Are Banking on It.
Desire for more face-to-face meetings is spurring companies to book group events.Business - The Wall Street Journal - October 14 -
Corporate wizards out-magic the muggles
Sectors like semiconductors and AI can reshape — or, in some cases, conjure up entirely new — marketsBusiness - Financial Times - October 24 -
Corporate America Braces for Trump 2.0
The race for the White House is deadlocked, but business leaders aren’t taking chances, reaching out to the former president to rebuild relations.Business - The New York Times - October 28 -
Startup Thinking: A Blueprint for Corporate Transformation
Change your culture so employees feel empowered to experiment, collaborate, and make decisions.Business - Inc. - November 1 -
What the vote means for corporate America
The result will have big consequences for companies spanning energy, cars and pharmaceuticalsWorld - Financial Times - 4 days ago -
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Denny’s to Shutter 150 Locations by the End of 2025
The chain that brought us Moons Over My Hammy will sunset its worst perfoming restaurants.Business - Inc. - October 23 -
Supreme Court turns away challenge to consumer safety agency’s structure
The Supreme Court announced Monday it won’t take up a case that could have delivered another blow to federal agencies. Two conservative groups sought to challenge the structure of the Consumer ...Politics - The Hill - October 21 -
OpenAI hires first chief economist
OpenAI hired its first-ever chief economist to examine the economic impacts of artificial intelligence (AI), the ChatGPT maker announced Tuesday. Aaron “Ronnie” Chatterji, a professor of business ...Politics - The Hill - October 22 -
OpenAI outlines national security approach
OpenAI doubled down on the importance of the U.S. maintaining leadership on artificial intelligence (AI) development in a new outline of the company's approach to national security. The ChatGPT ...Politics - The Hill - October 25 -
OpenAI Launches ChatGPT Search Engine
The popular online chatbot can now access and deliver information from across the internet in real time, including news, stock prices and sports scores.Tech - The New York Times - October 31 -
OpenAI brings online search to ChatGPT
Move takes aim at rivals including Google and PerplexityBusiness - Financial Times - October 31 -
My fiscal rules will provide the stability on which growth depends
Britain faces a choice between investment or declineBusiness - Financial Times - October 24 -
Have Democrats found a way to win over rural America? Look at what's happening in Wisconsin.
The party’s hot streak in statewide elections faces a crucial test in out-state districts long held by Republicans.Politics - Politico - October 27 -
Will retail investors rekindle their love for Tesla? It could depend on Nvidia.
Elon Musk has become a close ally of President-elect Donald Trump, but is that enough to bring retail investors back to Tesla?Business - MarketWatch - Yesterday -
The reality of Europe’s fears about Trump depends more on us than him
If European leaders live up to their part of the Nato bargain, the US administration will tooBusiness - Financial Times - 16 hours ago -
How culpable are external lawyers in corporate wrongdoing?
New paper by former Big Law associate flags concerns over role in episodes such as the opioid crisisWorld - Financial Times - October 14
