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OpenAI Co-Founder Ilya Sutskever's AI Startup Raises $1B From Andreessen Horowitz, Sequoia As Sam Altman-Led Company Faces Exodus
Wednesday, September 4, 2024 - 9:51pm | 527Read More...Safe Superintelligence (SSI), co-founded by Ilya Sutskever, has raised $1 billion to develop advanced artificial intelligence systems. What Happened: SSI, established just three months ago, aims to build safe AI systems that surpass human capabilities. The startup, currently with 10 employees,...
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Fintech Focus Roundup For May 23, 2021
Sunday, May 23, 2021 - 7:56am | 1771Read More...Fintech Spotlight: Nasdaq And Benzinga Partner, Express Commitment To Providing Actionable Market Intelligence As part of a vision to democratize access to actionable and timely stock market information, Benzinga partnered with Nasdaq Inc. Apart from supporting firms like Apple Inc, Alphabet Inc,...
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Global Trading Platform Stake Adds $30M From Tiger Global, DST Global
Tuesday, May 18, 2021 - 4:00pm | 408Read More...Stake secured a funding round of $30 million from Tiger Global and partners of DST Global. What Happened: Stake is a commission-free, fractional trading application that allows global access to U.S. markets. The idea behind Stake emerged in 2009 when Stake’s founder, Matt Leibowitz,...
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Thiel Cashes Out the Majority of His Facebook Shares
Tuesday, August 21, 2012 - 3:27pm | 490Read More...Facebook (NASDAQ: FB) Board Director and initial investor Peter Thiel sold 20.1 million shares on August 16 and 17, according to a Securities and Exchange Commission (SEC) filing. CNNMoney reports that Thiel had previously sold 16.8 million shares in Facebook's Initial Public Offering (IPO) for $...
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Facebook Lockup Expiration Frees 60% More Shares
Thursday, August 16, 2012 - 9:00am | 377Read More...The number of outstanding shares of social media giant Facebook (NASDAQ: FB) increased 60 percent on Thursday, as the company's first major lockup period expired. Since Facebook's IPO, analysts have become increasingly concerned by the company's poor showing. Over the next nine months, around 1....
