Remember Microsoft’s defunct Windows phone? It’s an iPhone now. OK, not literally, but for security purposes, Microsoft is making its employees in China use iPhones rather than Androids. The move, which will affect hundreds of employees, is intended to make sure they use the Microsoft Authenticator password manager and Identity Pass app, which they can’t get through Google’s app store since it’s not available in China.
Tesla CEO Elon Musk has won an appeal to the Delaware Supreme Court, restoring his 2018 pay package that was worth $56 billion at the time but has since ballooned in value, Reuters reports.
Two years ago, a lower court had struck down the compensation deal, calling it “unfathomable,” and Musk has been fighting for it since then.
Of course, Musk was recently awarded an even bigger pay package that could potentially award him $1 trillion over time. Tesla shares were recently up 0.5% in after-hours trading.
Of course, Musk was recently awarded an even bigger pay package that could potentially award him $1 trillion over time. Tesla shares were recently up 0.5% in after-hours trading.
OpenAI is reportedly in talks to raise as much as $100 billion, with a valuation of....$500 billion...$750 billion $830 billion?
This is getting ridiculous. This week we have read multiple reports that OpenAI is in early discussions with potential investors about a significant fundraising round of up to $100 billion, to help cover its cloud computing costs.
On Tuesday, The Information reported a major $10 billion investment from Amazon in OpenAI, with a valuation higher than $500 billion
On Wednesday, The Information reported that the $100 billion round would give OpenAI a valuation of $750 billion
Today, the Wall Street Journal is reporting that the $100 billion round would give OpenAI a valuation of as much as $830 billion
The spread from $500 billion to $830 billion is pretty wild, and we are wondering what it might be by next week.
On Tuesday, The Information reported a major $10 billion investment from Amazon in OpenAI, with a valuation higher than $500 billion
On Wednesday, The Information reported that the $100 billion round would give OpenAI a valuation of $750 billion
Today, the Wall Street Journal is reporting that the $100 billion round would give OpenAI a valuation of as much as $830 billion
The spread from $500 billion to $830 billion is pretty wild, and we are wondering what it might be by next week.
Just yesterday, we were reading about how Amazon was in talks to invest as much as $10 billion in OpenAI, with an eye-popping valuation of more than $500 billion. But those numbers might already be old.
A new report by The Information says that OpenAI is in early talks to raise as much as $100 billion, with a $750 billion valuation.
The company is reportedly estimating its fast-growing revenue will hit $100 billion by 2028, but it also expects to burn $115 billion in cash through 2029.
The company is reportedly estimating its fast-growing revenue will hit $100 billion by 2028, but it also expects to burn $115 billion in cash through 2029.
This is weirdly good news for Tesla.
