OpenAI is opening itself up for another funding round that gave the company a $100 billion dollar valuation, according to) currently holds a 49% stake in its profits. Is this AI giant worth another round of investment or is it just looking for more capital because it can? How can a potential investor know the difference?
When asked if the founder was a top priority in picking an investment, Tusk says:"Yeah, it's founder. But there also has to be... this is how we're going to make money. This is why people are going to part with their hard earned money to purchase our product, our services, and this is how we're different than everyone else. And if you can show me those two things, it's very likely that I'd be interested in investing.
There's 100 of these start ups out there, and the problem is I can't figure out how any one of them is different from the other 99.But for me, when I'm looking at saying OK, is there a regulatory angle here that will give my portfolio companies a real advantage? Italian consumer confidence dropped sharply in August from the month before but business morale improved slightly, data showed on Friday, presenting a mixed outlook for the euro zone's third largest economy. Consumer confidence fell steeply in August, against expectations. The Italian economy grew by 0.2% in the second quarter from the previous three months, preliminary ISTAT data showed last month, following a 0.3% rate in the first quarter.