Saturday, July 3, 2021

Sources: Revolut is in talks to raise between $750M to $1B from SoftBank's Vision Fund 2 and others at a valuation of over $30B (Mark Kleinman/Sky News)

Mark Kleinman / Sky News:
Sources: Revolut is in talks to raise between $750M to $1B from SoftBank's Vision Fund 2 and others at a valuation of over $30B  —  SoftBank's Vision Fund 2 is one of several investors in talks with Revolut about injecting up to $1bn into the digital bank, Sky News learns.  —  City editor @MarkKleinmanSky



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US colleges like Virginia Tech and Georgia Tech are using AI to streamline admissions; Virginia Tech says AI that scores essay questions saved ~8,000 hours (Francesca Maglione/Bloomberg)

Francesca Maglione / Bloomberg : US colleges like Virginia Tech and Georgia Tech are using AI to streamline admissions; Virginia Tech say...