🔥 Hot Takes Tuesday for 2024-10-01
Sharing my hot takes on two intriguing investment stories that caught my eye this week!
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(Scroll to the end…)
Two hot takes on the two stories caught my eye on Tuesday.
💰 + 🤖 When I see $500M participation in an (allegedly) oversubscribed $6.5B raise… it tells me that there might be someone else that decided not to participate.
Techmeme: Source: SoftBank's Vision Fund has agreed to invest $500M in OpenAI's latest funding round, SoftBank's first investment in OpenAI, which is raising $6.5B (The Information)
From The Information. View the full context on Techmeme.
[ meanwhile… ]
💸 + 🍎 Indeed. Someone else (allegedly) decided not to participate.
Techmeme: Source: Apple is no longer in talks to participate in an OpenAI funding round that is expected to raise as much as $6.5B (Wall Street Journal)
From Wall Street Journal. View the full context on Techmeme.
Note: Some images via Unsplash
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Cuthrell Consulting LLCAttn: Jay Cuthrell1903 Live Oak St #92Beaufort, NC 28516-0092
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