Samsung’s memory chip employees negotiated $340,000 bonuses this year
… Samsung, which recently hit a $1 trillion valuation, is South Korea’s largest company and accounts for around a quarter of the country’s exports. …
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Elon Musk is steamrolling Wall Street to become a trillionaire
… I guess he’s up, if you’re doing a plus-minus analysis of valuations of these companies. Again, these are valuations that seemingly have no basis in business fundamentals. …
AI warfare is already here
… It’s reportedly in talks with investors to raise funding at a $900 billion valuation. …
You’re about to feel the AI money squeeze
… If the stegosaurus paradox isn’t resolved, and the mouth is “too small for the body,” he said, it will lead to write-downs, falling valuations, dried-up financing, and a broad resetting of expectations for AI worldwide. …
The SpaceX IPO is great for Elon Musk and terrible for you
… There’s the rumored valuation of more than $1 trillion. …
Ronan Farrow on Sam Altman’s “unconstrained” relationship with the truth
… Sam Altman, against the backdrop of Silicon Valley hype culture and startups that balloon to massive valuations based on promises that may or may not come to pass in the future, and an increasing embrace of a founder culture that thinks telling different groups different conflicting things is a fea… …
Skydio CEO Adam Bry on why Silicon Valley shouldn’t draw red lines for drone use
… You have a multi-billion dollar valuation. …
All the evidence revealed so far in Musk v. Altman
… 296 In October 2022, Musk writes in a text message to Altman that he was “disturbed to see OpenAI with a $20B valuation … I provided almost all the seed, A and most of B round funding.” He sends a link to the above article, adding, “This is a bait and switch.” Altman responds, “I agree this feels b… …
Why Jonah Peretti sold BuzzFeed
… This was the big bet for a lot of companies all chasing BuzzFeed’s influence and valuation, and it’s mostly all come crashing down. …