Chinese tech companies seeking to sell their shares in Hong Kong, a special administrative region of China, won’t have to pass a tough new cybersecurity review, Bloomberg reported. Instead, only those seeking to list in places such as New York, London or Singapore will need to get the government’s cybersecurity approval. All companies seeking to list outside the mainland will still need to...
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Anthropic Makes OpenAI Look Cheap
How much should a well-regarded artificial intelligence startup be worth on paper?That’s the question facing scores of sovereign wealth funds, mutual fund firms and other private equity investors looking at two marquee AI opportunities: OpenAI and Anthropic. OpenAI is in the middle of its second employee share sale in the last six months, and if it succeeds, the new share price could imply an...
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