Investors agreed to purchase $755 million worth of existing SpaceX stock at $560 a share, giving the aerospace company a valuation of $100 billion, CNBC reported. The secondary sale reflects intense demand for SpaceX, which last raised $1.2 billion in an April funding round that valued it at $74 billion. The company runs tender offers where existing investors can offload their shares every six...
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An AI Researcher Tries to Build Good AI While Burning Down the Bad
In the hours after Margaret Mitchell was fired by Google over email in February 2021, she ran to the bathroom and threw up. “I was just so terrified that I was never going to get a job in tech again, that my name had been scarlet lettered,” she told me over an hourlong Zoom this week, calling from her home outside Seattle. That was not the case. In the ensuing days and weeks, as her...
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