VCs Think Rate Cuts Could Help Lending FinTechs
Are recent rate cuts good news for venture capitalist (VC) firms in the FinTech space?
A report Sunday (Sept. 29) by TechCrunch says the answer is yes, particularly for those FinTechs that depend on l...
OpenAI Reportedly Projects $5 Billion Loss This Year
OpenAI reportedly earned $300 million in revenue in August, up 1,700% since the start of 2023.
That’s according to a report Friday (Sept. 27) by The New York Times (NYT), citing financial documents ...
Apple Reportedly Exits OpenAI’s $6.5 Billion Funding Round
Apple has reportedly stepped back from talks to invest in a massive OpenAI funding round.
That round is expected to raise up to $6.5 billion, but Apple recently backed away from discussions to take pa...