Friday, August 30, 2019

As the drone market matures, many of the startups which raised hundreds of millions in aggregate have either closed or pivoted to services (Jack Pitcher/Bloomberg)

Jack Pitcher / Bloomberg:
As the drone market matures, many of the startups which raised hundreds of millions in aggregate have either closed or pivoted to services  —  - Commercial market for unmanned aircraft is slow to take flight  — Some companies gain by buying up rivals to broaden focus



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Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each; SoftBank has already invested $30B (Bloomberg)

Bloomberg : Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each;...