Thursday, March 16, 2023

Sources: five days after seizing SVB, the FDIC has conducted a stop-and-start auction process, failing so far to find a willing buyer for all of SVB's assets (New York Times)

New York Times:
Sources: five days after seizing SVB, the FDIC has conducted a stop-and-start auction process, failing so far to find a willing buyer for all of SVB's assets  —  Big rivals are thus far shying away from scooping up the bank's assets.  —  Five days after seizing control of Silicon Valley Bank …



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PitchBook: robotics and physical AI companies have raised ~$48B YTD, as they gather training data from people completing tasks in factories, offices, and homes (Rafe Rosner-Uddin/Financial Times)

Rafe Rosner-Uddin / Financial Times : PitchBook: robotics and physical AI companies have raised ~$48B YTD, as they gather training data f...