Thursday, June 29, 2023

Sources: after struggling to raise at a $4B valuation Stability AI secured a convertible note worth under $25M; Stability AI denies fundraising difficulties (Bloomberg)

Bloomberg:
Sources: after struggling to raise at a $4B valuation, Stability AI secured a convertible note worth under $25M; Stability AI denies fundraising difficulties  —  Stability AI, the artificial intelligence startup that has been struggling to raise funding at a $4 billion valuation …



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Sources: Nvidia is in early talks with South Korean AI chip maker Rebellions for a potential deal, including a partnership, an investment, or an acquisition (Yoolim Lee/Bloomberg)

Yoolim Lee / Bloomberg : Sources: Nvidia is in early talks with South Korean AI chip maker Rebellions for a potential deal, including a p...