Saturday, May 29, 2021

Relativity, which helps law firms analyze large datasets, acquires Text IQ, an AI startup that helps businesses identify sensitive data, reportedly for $100M+ (Jim Dallke/Chicago Business Journal)

Jim Dallke / Chicago Business Journal:
Relativity, which helps law firms analyze large datasets, acquires Text IQ, an AI startup that helps businesses identify sensitive data, reportedly for $100M+  —  The deal is reportedly worth more than $100 million  —  Two months after landing an investment from Silver Lake at a $3.6 billion valuation …



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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;...