Tag Archives: bids

The Wall Street Journal reports OpenAI CEO Sam Altman is hot on the fundraising trail, courting governments in the Middle East, among others, for a venture focused on making the chips needed to fulfill his vision of the AI revolution. And to call this vision “capital intensive” is an undersell. The Journal reports Altman sees the project needing to raise up to $7 trillion. Data from S&P Global Market Intelligence and Pitchbook (via The Financial Times) suggest that at the end of last year there… Source link

[unable to retrieve full-text content]Yandex receives bids for stakes in Russia-based businesses  Reuters Source link

[unable to retrieve full-text content]Tycoons Potanin, Alekperov Bids Value ‘Russia’s Google’ Yandex at $7 Billion  Bloomberg Source link

The co-founder of Yandex, Arkady Volozh, announced on Friday that he was leaving the Russian tech giant, addressing a farewell letter to the firm’s employees, in which he described Yandex as “the project of my life” and the plan to restructure the company as “reasonable and necessary.” Volozh, whose fortune was estimated by Forbes at $2.3 billion in 2021, stepped down as Yandex’s CEO in June, after he was included in the EU’s sixth package of economic sanctions against… Source link

[unable to retrieve full-text content]Yandex Co-Founder Bids Farewell to Partitioned Russian Tech Giant  The Moscow Times Source link

Back in January, on the day when two of his schools (Georgia and Alabama) would again compete for the national championship, SEC commissioner Greg Sankey made a final pitch for the establishment of a new College Football Playoff. It featured 12 teams. The field would be made up of six guaranteed bids to the top six conference champions, plus six more selected by a committee. The top four champs would receive a first-round bye. The opening-round games would be played on the campus of the… Source link

After two rounds, here’s what we know about this year’s British Open at St. Andrews: the Old Course isn’t showing the teeth it has in past years. Scores have been low, with leader Cameron Smith posting the lowest course relative to par in the Open’s 150-year history. And with conditions expected to be benign throughout the majority of the weekend, it’s not likely that weather will play a major role in this weekend’s tournament. Cameron Young, the first-round leader, is still in the mix right… Source link