Monday, February 19, 2024

Tech investors and founders are flocking back to San Francisco, currently undergoing an AI boom, after leaving during the pandemic for Miami and other US cities (Wall Street Journal)

Wall Street Journal:
Tech investors and founders are flocking back to San Francisco, currently undergoing an AI boom, after leaving during the pandemic for Miami and other US cities  —  In 2020, venture capitalist Keith Rabois urged startup founders to join him in ditching San Francisco for Miami …



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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;...