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OpenAI to commit up to $1.5B of its own capital to DeployCo, a joint venture with PE firms valued at $10B
The FT reports that OpenAI’s $500M initial equity stake, with an option for $1B more, will go into a Delaware LLC designed to accelerate AI adoption across PE portfolio companies. OpenAI is guaranteeing backers a 17.5% annual return. A close is expected in early May. OpenAI is set to commit up to $1.5 billion of […]<br /> This story continues at The Next Web [...]
Nvidia, Micron, Nike, Nio, Carnival, FedEx: Stocks to watch
Stocks fell in premarket trading today as the shares of Nike (NKE) and FedEx (FDX) declined after the companies’ earnings disappointed investors. Futures tied to the S&P 500, Nasdaq 100 and Dow Jones Industrial Average pointed to a lower open as of about 7:45 a.m. EDT. The benchmarks declinedyesterday.Read more... [...]
'I would revisit them, absolutely': Lee Child discusses future seasons of Reacher on Prime Video and why returning to the films as a TV series is a possibility
Lee Child on Reacher season 3, why the TV series is more faithful to the books and whether we could see the film stories retold in the Prime Video show. [...]