Tech

Europe, Fintech, Government & Policy, Revolut, Tech, Tech News, UK

Neobank Revolut seeks $65B valuation, a year after its $45B deal

Europe’s fintech darling Revolut is looking to raise a new funding round that would give it a $65 billion valuation, the Financial Times reports.  The UK-based company is reportedly in talks to raise around $1 billion by issuing new shares and selling existing ones. The US-based firm Greenoaks is said to be leading the round, […]

AI, Business, News, OpenAI, Tech, Tech News

OpenAI closes its deal to buy Jony Ive’s io and build AI hardware

OpenAI has officially closed its nearly $6.5 billion acquisition of io, the hardware startup co-founded by famed former Apple designer Jony Ive, the company announced Wednesday. But it was careful to only refer to the startup as io Products Inc. The blog post initially announcing the acquisition was also scrubbed from OpenAI’s website due to a trademark lawsuit from […]

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