Saturday, April 27, 2019

Uber sets terms for IPO, posts $1B Q1 loss

PayPal has agreed to purchase $500 million of stock in a private placement at the price Uber's IPO eventually settles at. http://bit.ly/2Vqm4Zh https://ift.tt/eA8V8J

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UK-based AI infrastructure startup Nscale secures a $900M line of credit to expand its data center buildout across Europe, the US, and the Asia Pacific (Mauro Orru/Wall Street Journal)

Mauro Orru / Wall Street Journal : UK-based AI infrastructure startup Nscale secures a $900M line of credit to expand its data center bui...