Deal Dive: Sir Jack A Lot returns with a startup for retail traders

June 22, 2024

When former YouTube product manager Kevin Xu, known as “Sir Jack A Lot” on Reddit, turned $35,000 into $8 million trading stocks between 2020 and 2022, many people thought his fortunes, and his way of investing, had peaked, just like 2021’s memestock craze had. Xu doesn’t agree, though, and he’s now building a startup for […]

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What does ‘open source AI’ mean, anyway?

June 22, 2024

The Open Source Initiative is trying to address the debate stirring around the notion of “open-source AI.”

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The fight over Fisker’s assets is already heating up

June 21, 2024

Fisker is just a few days into its Chapter 11 bankruptcy, and the fight over its assets is already charged, with one lawyer claiming the startup has been liquidating assets “outside the court’s supervision.” At issue is the relationship between Fisker and its largest secured lender, Heights Capital Management, an affiliate of financial services company […]

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