Google is starting to bridge OpenAI's product moat, like with Gemini's “dynamic view” option, which converts a text answer into an interactive, visual output
here's why Anthropic and Gemini are pulling ahead Ludwig Makhyan / Search Engine Journal : ChatGPT Vs. Gemini Vs. Claude: What Are The Differences? Amina Ali / Daily Sabah : Reset in AI race: Google's...
Sequoia's former China unit HongShan is pushing for deals in Europe and North Asia, as it struggles to deploy $9B due to a weak domestic market and US controls
Neil Shen's HongShan has struggled to invest its $9bn cash pile in a weak domestic market and tough US controls
FTX unloads cryptoassets as bankruptcy advisers look to repay customers; filings: its affiliates' cash pile grew from ~$2.3B in October to $4.4B at 2023's end
- Cash of key affiliates rose to about $4.4 billion at end-2023 — Increased cash coincided with rising value of customer claims
Court documents: FTX owes $3.1B to its 50 biggest unsecured creditors, with claims ranging from $21M to $226M; ten claims are over $100M each
I recall hearing or reading that the top dog of Aurora … Brad Dress / The Hill : FTX owes more than $3 billion to biggest creditors: court filing The Information : FTX Owes Top 50 Creditors More Than ...
Sources detail how Elliott Management helped Masayoshi Son save SoftBank from financial ruin in the spring; sources say Elliott now owns $5B+ in SoftBank shares
Wall Street Journal : Tweets: @katekelly , @aridavidpaul , @wsjmarkets , and @skupor Tweets: Kate Kelly / @katekelly : What happened at @SoftBank when the activist hedge fund Elliott, known for its i...
Combined market cap of Apple, Facebook, Alphabet, and Amazon is ~$5T, their combined 2019 revenue was ~$773B, and they have a combined cash reserve of ~$420B
The four Big Tech CEOs who will testify before Congress Wednesday command global empires with power and wealth that make them more like countries than companies. Tweets: @madhavchanchani , @patrickmcg...
Filings: Alphabet's cash pile reached $117B, surpassing Apple's as the world's largest for the first time in 10 years, as Apple declined from $163B to $102B
The corporate world has a new king of cash. The title for the company with the biggest financial reserves, held by Apple for a decade …
Tax overhaul lets Apple bring back its $252B foreign cash pile without a major tax hit, but could raise the amount to pay on profits from patents held abroad
Stephen Nellis / Reuters :