Sam Altman says OpenAI doesn't want government guarantees for data centers and expects to fund investments with revenues hitting “hundreds of billions by 2030”
company continues to lobby for financial support from the industry Victor Tangermann / Futurism : Trump Admin Says It's Not Bailing Out the AI Industry Regardless of How Hard It Crashes Arsheeya Bajwa...
Open letter signed by 800+ founders, VCs, and others: Sequoia must act after Shaun Maguire said Zohran Mamdani “comes from a culture that lies about everything”
where the hell is Sequoia going to find a replacement for investing acumen like that? [embedded post] So Mayer / @suchmayer : #AltText the image is a tweet by Shaun Maguire, in which he says that Mamd...
DoorDash partners with Klarna to offer payment plans, including credit options for purchases of $35 or more; Grubhub also uses Klarna as a payment option
in Case You Need a Loan to Pay for Your Burrito Jordan Valinsky / CNN : DoorDash will soon let users eat now and pay in installments Niket Nishant / Reuters : NYSE-bound Klarna signs payments deal wit...
How H-1B workers from India and other countries help the US remain dominant in tech, as some on the new “Tech Right” discover MAGA's racial-nationalist bigotry
Can't say I did not see this coming, tbh. — x.com/LauraLoomer/... @thetnholler : In-fighting : “The new MAGA coalition has officially had its first internal debate - over H-1b visas. It started whe...
California regulators close SVB and name the FDIC as the receiver to protect insured deposits; SVB ended 2022 with ~$209B in assets and $175.4B in deposits
banks, lawyers, etc — and it's a minor but not insignificant screening mechanism. https://twitter.com/... Jason Zweig / @jasonzweigwsj : If you want to create a perverse incentive for banks to become ...
FTX claims the company was hacked, telling users to delete FTX apps, not install app updates, and not to visit FTX.com, after $600M+ in crypto left its wallets
trustless, permissionless, uncensorable crypto—is the only path forward for the future. This week, we grieved. Next week, we build. @cz_binance : What a sh!t show... And it's going to be crypto's faul...
Docs: SpaceX paid $250K to settle a flight attendant's allegation that Elon Musk exposed himself and offered a horse in exchange for an erotic massage in 2016
Complications for the Twitter deal? Bill Chappell / NPR : Elon Musk denies a report accusing him of sexual misconduct on a SpaceX jet Abram Brown / Forbes : How The Sexual Misconduct Allegations Again...
Apple misses with Q4 revenue of $83.4B, up 29% YoY, vs $84.85B est., iPhone revenue of $38.87B, up 47% YoY, services revenue of $18.3B, up 25.6%; stock down 3%+
its fastest year of growth since 2012. Net income for the year: $94.7bn. @parikpatelcfa : Microsoft has just overtaken Apple to become the largest company in the world by market cap. This makes sense ...