Latest news with #KateClark
Business Insider
2 days ago
- Business
- Business Insider
OpenAI employees to sell $6B of shares to SoftBank, others, Bloomberg says
Current and former staff of Microsoft-backed (MSFT) OpenAI intend to sell roughly $6B worth of stock to an investor group comprised of Thrive Capital, Dragoneer Investment, and SoftBank (SFTBY), in a deal that values OpenAI at $500B, Bloomberg's Kate Clark reports, citing people familiar with the matter. The discussions are early an the size of the sale could potentially change, the author notes. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Bloomberg
04-08-2025
- Business
- Bloomberg
AI Startups Struggle After Reverse Acquihires
Following reverse acquihires, the startups that are left behind can struggle to find their footing. Bloomberg's Kate Clark discusses this with Caroline Hyde and Ed Ludlow on "Bloomberg Tech." (Source: Bloomberg)
Bloomberg
07-05-2025
- Business
- Bloomberg
Startup SimpleClosure Sees Boom In Giving Fellow Startups ‘Peace of Mind' to Die
Welcome to Tech In Depth, our daily newsletter with reporting and analysis about the business of tech from Bloomberg's journalists around the world. Today, Kate Clark reports on a startup that helps struggling fellow startups shut down. AI restrictions: Advanced Micro Devices, the chipmaker challenging Nvidia in the market for artificial intelligence processors, said restrictions on the sale of those chips to China will cost the company $1.5 billion in revenue this year.
