Plaid working with Goldman Sachs on raising $300M to $400M in tender offer

February 11, 2025

Plaid, a company that connects bank accounts to financial applications, is working with Goldman Sachs on a deal to allow early-stage investors and employees to sell existing shares, which will raise between $300 million and $400 million, Bloomberg reported citing sources. The tender offer, as such deals are called, will likely value the company lower […]

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These are the investors funding Musk’s $97 billion OpenAI takeover attempt

February 11, 2025

As if Elon Musk doesn’t have enough going on, a consortium of investors led by him announced plans Monday for what appears to be a hostile takeover of OpenAI. The investor group offered nearly $97.4 billion to buy all of OpenAI’s assets and is “prepared to consider matching or exceeding higher bids,” it said in […]

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These are the investors funding Musk’s $97 billion OpenAI take over attempt

February 11, 2025

As if Elon Musk doesn’t have enough going on, a consortium of investors led by him announced plans Monday for what appears to be a hostile takeover of OpenAI. The investor group offered nearly $97.4 billion to buy all of OpenAI’s assets and is “prepared to consider matching or exceeding higher bids,” it said in […]

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Is AI making us dumb?

February 10, 2025

Researchers from Microsoft and Carnegie Mellon University recently published a study looking at how using generative AI at work affects critical thinking skills. “Used improperly, technologies can and do result in the deterioration of cognitive faculties that ought to be preserved,” the paper states. When people rely on generative AI at work, their effort shifts […]

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Apple Music adds a better-sounding Spatial Audio version of Kendrick Lamar’s Super Bowl halftime show

February 10, 2025

If you want to relive Kendrick Lamar’s headline-making Super Bowl halftime show, Apple Music just dropped a replay of the performance in its surround sound-like Spatial Audio. Since Apple currently sponsors the Super Bowl halftime show, the company has permission to republish these musical spectacles — but this is better than just a YouTube video […]

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Elon Musk-led-team submits $97.4B bid for OpenAI

February 10, 2025

A team of investors led by Elon Musk submitted a $97.6 billion bid to purchase OpenAI on Monday. The news comes by way of Musk’s lawyer, Marc Toberoff, who confirmed the news with The Wall Street Journal. The unsolicited bid is the latest escalation by Musk in his war with co-founder Sam Altman, as Altman […]

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