OpenAI Completes Deal to Raise $122 Billion
OpenAI has completed a deal to raise $122 billion from investors at an $852 billion valuation, marking the company’s largest funding round to date. Shirin Ghaffary has more on "Bloomberg The Close." (Source: Bloomberg)
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SpaceX Said to File Confidentially for IPO Before AI Rivals
SpaceX has filed confidentially for an initial public offering, according to people familiar with the matter, bringing billionaire Elon Musk’s rocket, satellite and AI company closer to delivering the biggest-ever listing. The company submitted its draft IPO registration to the US Securities and Exchange Commission, the people said, asking not to be identified as the information isn’t public. A representative for SpaceX didn’t immediately respond to a request for comment. SpaceX could seek a valuation in the IPO of more than $1.75T, people familiar with the matter have said. The company acquired Musk’s artificial intelligence startup xAI in a deal that valued the enlarged entity at $1.25T. Bloomberg US Equity Capital Markets Reporter Anthony Hughes joins Paul Sweeney and Scarlet Fu on Bloo
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Super Micro co-founder Yih-Shyan Liaw pleads not guilty to US federal charges of helping smuggle billions of dollars' worth of Nvidia-powered servers to China (Bob Van Voris/Bloomberg)
Bob Van Voris / Bloomberg : Super Micro co-founder Yih-Shyan Liaw pleads not guilty to US federal charges of helping smuggle billions of dollars' worth of Nvidia-powered servers to China — Super Micro Computer Inc. co-founder Yih-Shyan “Wally” Liaw pleaded not guilty Wednesday in New York to charges …
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