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OpenAI in advanced talks with Jony Ive and Masa to build "iPhone of AI," Epic Games cuts 16% of staff
FT sources: OpenAI is in advanced talks with iPhone designer Jony Ive and SoftBank’s Masayoshi Son to raise more than $1B to build the “iPhone of AI…
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FTC sues Amazon, OpenAI seeks $80B-$90B valuation in secondary offering
The FTC and 17 states have sued Amazon, alleging the company violated antitrust laws by using “anti-discounting measures that punished merchants for…
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Blue Origin to change CEOs, Openly raises $100M, Beehiiv acquires Swapstack
CNBC sources: Blue Origin CEO Bob Smith will step down on 12/4 and retire on 1/2 and be replaced by Dave Limp, Amazon’s SVP of Devices and Services …
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Amazon to invest up to $4B in Anthropic, OpenAI launches voice and image features in ChatGPT
Amazon announced it will invest up to $4B in AI startup Anthropic with an initial investment of $1.25B for a minority stake; Anthropic was valued at…
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JOKR raises $50M down round, HiddenLayer raises $50M, Meta expands paid verification program
JOKR, the LatAm-focused instant-delivery startup, raised a $50M Series D at an $800M valuation led by Convivialité Ventures; a ~41% markdown from its…
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Klaviyo IPOs at $30/share, Cisco acquires Splunk for ~$28B in cash
IPO: Klaviyo priced its ~19.2M shares at $30/share, raising $576M at a fully diluted valuation of $9.2B; the company closed its first day of trading up…
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Instacart closes first day up 12%+, FTX sues SBF's parents
Instacart closed its first day of trading up 12%+, giving it a market cap of ~$11B, after initially popping ~40% in the early hours of trading - Link…
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Instacart prices IPO at $30/share, Levelpath raises $30M Series A
Instacart priced its IPO at $30/share, representing a ~$10B fully diluted valuation; at its peak, Instacart was valued at $39B in 2021 - Link Levelpath…
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