Stripe raises $6.5B, Microsoft integrates GPT-4, First Republic weighs sale
Stripe raises $6.5B, Microsoft integrates GPT-4, First Republic weighs sale
Stripe raised a $6.5B Series I at a $50B valuation, with all proceeds going toward covering tax obligations related to expiring RSUs and a new tender offer for employees - Link
Microsoft announced that Bing search is now running a customized version of OpenAI’s new GPT-4 model - Link
The Information sources: Microsoft is expected to announce a suite of GPT-4 powered Office 365 tools on Thursday, despite recently facing a shortage of server hardware needed to power its OpenAI integrations - Link
Bloomberg sources: After having its rating reduced to “junk” by S&P Global and Fitch Ratings on Wednesday, First Republic Bank is weighing options for increasing liquidity, including a sale - Link
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Alora CEO and Co-Founder Luke Young joins Molly to discuss ocean agriculture and the ability to grow crops offshore (1:17). They discuss the progression of engineering that has propelled Alora’s innovations (11:55) and the challenges of growing at sea (21:53). - Link
LinkedIn will integrate OpenAI’s GPT-4 and GPT-3.5 models onto its platform to provide users with ai-powered writing prompts for job descriptions and profile pages - Link
WSJ sources: The Biden administration is demanding that TikTok’s Chinese owners sell their stakes and divest from the app or face a ban in the US - Link
Bloomberg sources: Abu Dhabi-based G42 purchased a $100M stake in ByteDance, valuing the company at $220B; the company’s valuation has dropped from $300B due to TikTok’s uncertain future in the US - Link
SpaceX launched Starlink Roam, a $150-200/month satellite package that features a global roaming option; the service was formerly known as Starlink RV - Link
E1698: How ocean farming can solve world hunger with Alora CEO Luke Young
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