Friday, April 9, 2021

Sources: Didi Chuxing has filed confidentially with the SEC for an IPO that could value it at $70B-$100B, and is raising $1.5B in debt financing from banks (Bloomberg)

Bloomberg:
Sources: Didi Chuxing has filed confidentially with the SEC for an IPO that could value it at $70B-$100B, and is raising $1.5B in debt financing from banks  —  Chinese ride-hailing company Didi Chuxing has filed confidentially with the U.S. Securities and Exchange Commission for an initial public offering …



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Bill Gates warns about the catastrophic risk posed by "people with ill intent using the latest AI tools", which are powerful enough to "cause a billion deaths" (Herb Scribner/Axios)

Herb Scribner / Axios : Bill Gates warns about the catastrophic risk posed by “people with ill intent using the latest AI tools”, which a...