Sunday, May 28, 2023

Accel and Sequoia check whether their portfolio companies in India and SE Asia are exposed to AI disruption; 75%+ of Sequoia India's new deals are AI related (Saritha Rai/Bloomberg)

Saritha Rai / Bloomberg:
Accel and Sequoia check whether their portfolio companies in India and SE Asia are exposed to AI disruption; 75%+ of Sequoia India's new deals are AI related  —  Global investors at the world's largest venture capital firms including Accel and Sequoia Capital India are asking their portfolio companies …



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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;...