Thursday, May 25, 2023

Interviews with 30+ sources detail issues at billionaire Tom Siebel's AI startup C3.ai, leading to product delays; the company is on its third name since 2009 (Brody Ford/Bloomberg)

Brody Ford / Bloomberg:
Interviews with 30+ sources detail issues at billionaire Tom Siebel's AI startup C3.ai, leading to product delays; the company is on its third name since 2009  —  The AI hype cycle has birthed innumerable boosters.  An unlikely member of this group is Silicon Valley billionaire Tom Siebel.



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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;...