Disputes, Employee Misconduct Rattle Centerview’s Silicon Valley DreamsRead more

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Startup Confluent Reveals Slowing Sales Growth in IPO Filing

Confluent, a 7-year old startup that is building a business around the Apache Kafka data-processing software, is looking to raise $100 million in an IPO later this year, according to a filing with the Securities and Exchange Commission. The company didn’t specify how many shares it plans to offer or a price range, and the $100 million is a placeholder that could be updated later. Some...

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Former Apple design chief Jony Ive and OpenAI CEO Sam Altman. Photos by Getty.
Exclusive
Designer Jony Ive and OpenAI’s Sam Altman Discuss AI Hardware Project
Jony Ive, the renowned designer of the iPhone, and OpenAI CEO Sam Altman have been discussing building a new AI hardware device, according to two people familiar with the conversations.
From left to right: Blair Effron, Robert Pruzan and David Handler. Photos by Getty; Tidal Partners.
Exclusive Finance
Disputes, Employee Misconduct Rattle Centerview’s Silicon Valley Dreams
The San Francisco Bay Area–based bankers at Centerview Partners, the investment bank that advised Silicon Valley Bank’s owner and Credit Suisse through recent turmoil, got two doses of bad news last week.
From left, a Google TPU, Broadcom CEO Hock Tan and Google Cloud chief Thomas Kurian. Photos via Getty, Google and YouTube.
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Art by Clark Miller
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MasterClass Takes a Crash Course in Frugality
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OpenAI CEO Sam Altman and Microsoft CEO Satya Nadella. Photos via Getty
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How Microsoft is Trying to Lessen Its Addiction to OpenAI as AI Costs Soar
Microsoft’s push to put artificial intelligence into its software has hinged almost entirely on OpenAI , the startup Microsoft funded in exchange for the right to use its cutting-edge technology.
Art by Clark Miller
The Big Read policy
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Late last month in Belgium, Sen. Elizabeth Warren (D-Mass.) had a pressing question for Paul Tang, a Dutch politician and member of the European Parliament.