From: zerohedge These Are The World’s 10 Most Valuable ‘Unicorns’ | ZeroHedge Unicorn companies are privately-owned, venture-backed startups worth at least $1 billion, and are therefore not publicly traded on normal stock markets. In this chart created by Trendline, Visual Capitalist’s Ryan Bellafontaine looks at the world’s highest-valued unicorn companies, based on data from CB Insights as of June[…]
From: zerohedge Elon Musk’s SpaceX is reportedly discussing with investors and insiders to sell existing shares, potentially valuing the company at nearly $200 billion. SpaceX leads the world in rocket launches as the space race lifts off, and its Starlink subsidiary dominates the market for space-based high-speed internet. Bloomberg sources said the upcoming tender offer[…]
From: zerohedge Marketing Ploy? FT Pumps OpenAI & Meta’s Planned Launch Of Upgraded LLMs As Nvidia Bubble Stalls | ZeroHedge Two weeks ago, Nvidia Corporation’s stock peaked and has since traded 9% lower from those highs, with shares around $867 on Wednesday afternoon. In what appears to be an artificial intelligence marketing piece, the could be trying to stoke new[…]
From: zerohedge SpaceX Reportedly Building Spy Satellite Constellation In Low Earth Orbit | ZeroHedge SpaceX’s Starshield program has been building a constellation of spy satellites under a classified contract with the US National Reconnaissance Office (NRO) since 2021, Reuters reported, citing five people familiar with the program. The spy satellite network will consist of hundreds of low-Earth[…]
From: zerohedge Elon Musk Hits OpenAI With “Breach Of Contract” Lawsuit For Abandoning Foundational Mission | ZeroHedge Elon Musk claims in a lawsuit filed Thursday evening in the San Francisco Superior Court that ChatGPT-maker OpenAI and its chief executive Sam Altman, among others, have breached the artificial intelligence startup’s founding agreement that puts humanity over profits. “These[…]
From: zerohedge SEC Investigates Whether OpenAI Deceived Investors, WSJ Says | ZeroHedge The Securities and Exchange Commission sent a subpoena to ChatGPT creator OpenAI in December, requesting internal communications from CEO Sam Altman and current and former officials and directors into whether investors were misled, the reported, citing people familiar with the investigation. The subpoena followed[…]
From Medium As my long-time readers know, I’ve written dozens of data-driven blog posts on Y Combinator startups over the years, but I’m yet to answer the single most important question about YC startups from the perspective of early-stage investors — how much money do they make?? YC has published data that hints at this, like the Top YC Companies[…]
From: zerohedge Watch Live: SpaceX Prepares Falcon 9 For Commercial Flight To ISS | ZeroHedge The first all-European commercial crew will be catapulted to the International Space Station atop a SpaceX Falcon 9 rocket at NASA’s Kennedy Space Center in Cape Canaveral, Florida. Retired NASA astronaut Michael Lopez-Alegria will command the Ax-3 mission, which Axiom[…]
From: zerohedge Tinder Owner Match Jumps On Report Elliot Investment Takes $1 Billion Stake | ZeroHedge Activist investor Elliott Investment Management has plowed a billion dollars into shares of Match Group Inc., the owner of Tinder, Hinge, Match, Meetic, OkCupid, Pairs, Plenty Of Fish, and other dating website brands, and plans to boost performance as[…]
From: zerohedge EU Watchdog Mulls Probe On Microsoft’s OpenAI Partnership Over “Competition Issues” | ZeroHedge OpenAI’s drama last year caught the attention of government regulators on both sides of the Atlantic. More specially, Microsoft’s $13 billion investment in the Sam Altman-led chatbot company is under intense scrutiny by European regulators. The European Commission said on[…]