Sign up to save tools and stay up to date with the latest in AI
bg
bg
1

Will we reach AGI before Stripe goes public? | TechCrunch

Mar 01, 2024 - news.bensbites.co
The podcast "Equity" discusses the business of startups, focusing on the critical stories and themes of the week. The topics covered include Stripe's valuation recovery to $65 billion, Fervo Energy's $200M+ round and its focus on geothermal energy, the trend of VCs investing in companies that assist in shutting down other companies, and Microsoft's investment in French AI company Mistral amidst increasing regulatory scrutiny.

The podcast also touches on the challenges AI faces in sorting out rights related to training data. The upcoming episodes will feature an interview with Nubank’s CEO and another undisclosed guest. The podcast is available on various platforms including Apple Podcasts, Overcast, Spotify and TechCrunch's website.

Key takeaways:

  • Stripe's valuation has recovered to $65 billion as part of a tender offer, despite its valuation fluctuating in recent years.
  • Fervo Energy has raised over $200 million in a funding round, with the company focusing on geothermal energy as a potential solution to energy problems.
  • Investors are increasingly investing in companies that specialize in helping other firms close, due to a rise in startups heading for closure.
  • Microsoft has invested in French AI company Mistral, potentially as a way to spread its bets and fend off regulatory scrutiny.
View Full Article

Comments (0)

Be the first to comment!