Another reason why: Another reason people might not be jazzed about X right now is that the company updated its privacy policy on Wednesday to allow third-party "collaborators" to train their AI on users' posts unless they opt out. Read more
Capital for Acrew Capital: Yesterday, Acrew Capital announced that it had raised $700 million in fresh funds as it turns five years old. The firm was launched in 2019 and now has $1.7 billion in assets under management. Read more
OpenAI's cap table: Microsoft has invested nearly $14 billion into OpenAI. Now, as the AI company prepares to restructure into a for-profit entity, Microsoft looks poised to end up with a substantial equity stake. Read more
Data centers and WP: This week on Equity, the gang unpacks the latest developments in the WP drama; they also look at two public safety drone startups that announced funding this week and Lightmatter's monster round. Listen here
Speaking of Microsoft and OpenAI: This week we learn that there is allegedly a clause in OpenAI's contract with Microsoft that says OpenAI will cut off Microsoft's access to OpenAI if the company builds its own AGI system. The drama! Read more
From accessory sales to energy storage: Terralayr is looking to build the AWS of grid storage by utilizing grid-scale batteries that can store renewable energy. The company was founded by a former luxury watch trader. Read more
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