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2024-10-03 04:47:51

Financial Times on Nostr: OpenAI: it’s us or them ========== OpenAI closed a $6.6bn funding round at a $150bn ...

OpenAI: it’s us or them
==========

OpenAI closed a $6.6bn funding round at a $150bn valuation; investors were asked to avoid rival start-ups like Anthropic and xAI; Thrive, led by Joshua Kushner, contributed $750mn; Carl Icahn extended CFO's contract to 2028 with a $2.2mn salary and up to $17mn in incentives; Korea Zinc is defending against a takeover by MBK Partners, led by Michael Byung Ju Kim; Bain Capital is assisting Korea Zinc; SEC's Gurbir Grewal is leaving; Toyota is investing $500mn in Joby; Elon Musk's political donations to Republicans revealed.

#Openai #Funding #M&a #KoreaZinc #CarlIcahn #ElonMusk #Toyota #Joby #VentureCapital #Sec

https://www.ft.com/content/0bc8182c-89eb-43ef-bf2b-1b0994c3707b
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