Sunday, January 28, 2024

Sources: Reddit is targeting a valuation "in the mid-single-digit billions" for its planned IPO in March, after raising funds at a $10B valuation in 2021 (Bloomberg)

Bloomberg:
Sources: Reddit is targeting a valuation “in the mid-single-digit billions” for its planned IPO in March, after raising funds at a $10B valuation in 2021  —  - Firm, advisers considering figure after early investor talks  — Private trades value social media company below $5 billion



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SK Group Chair Chey Tae Won says Anthropic has asked SK Hynix for supplies to make its own chips, calling it remarkable that an AI developer has chip ambitions (Ian King/Bloomberg)

Ian King / Bloomberg : SK Group Chair Chey Tae Won says Anthropic has asked SK Hynix for supplies to make its own chips, calling it remar...