Some of OpenAI’s biggest investors are reportedly not invited to the company’s new board. That includes Microsoft, which has invested more than $10 billion in the artificial intelligence (AI) company, according to published reports Tuesday (Nov. 29). A report by Reuters quotes a source close to the matter...
Monzo, one of the U.K.’s digital-only banks, is getting closer to securing new Series C funding, with U.S.-based Thrive Capital reportedly leading the round. An announcement could come as early as this week. While an exact investment amount wasn’t disclosed, TechCrunch is reporting that it...
Online payments vendor Stripe on Monday (Dec. 1) is seeing its valuation double in less than a year, to $3.5 billion, after it closed a $70 million fundraising round, according to a story in The Financial Times. Stripe has been partnering with some of the...
January 07, 2024
Venture firm Thrive Capital is reportedly preparing to raise at least $3 billion amid a downturn in tech funding. The planned fundraising, the subject of a Sunday (Jan. 7) report by the Financial Times (FT), would make Thrive — a major investor in OpenAI — one of few large growth funds pitching investors for more money. Sources tell the FT […]
November 29, 2023
Some of OpenAI’s biggest investors are reportedly not invited to the company’s new board. That includes Microsoft, which has invested more than $10 billion in the artificial intelligence (AI) company, according to published...
February 21, 2017
Monzo, one of the U.K.’s digital-only banks, is getting closer to securing new Series C funding, with U.S.-based Thrive Capital reportedly leading the round. An announcement could come as early...
December 03, 2014
Online payments vendor Stripe on Monday (Dec. 1) is seeing its valuation double in less than a year, to $3.5 billion, after it closed a $70 million fundraising round, according...
