Bloomberg is reporting that Karrot, a South Korean marketplace app backed by SoftBank, is now valued at $2.7 billion, adding to a growing list of unicorns in South Korea. The move comes as investment pours into South Korean tech firms, as a regulatory crackdown has soured some investors to startups in China. Karrot recently raised $162 million from investors such as DST Global and the...
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Larry Summers Has a Message for Silicon Valley
Larry Summers has a message to all of us here in Silicon Valley: It’s time to switch up that reading list. “Perhaps pay a little more attention to history relative to science fiction in terms of understanding all the things that the future may hold,” he said during a conversation with me and The Information subscribers Tuesday.
Nvidia CEO Says Generative AI is an ‘iPhone Moment'
OpenAI Temporarily Shuts Down ChatGPT After Privacy Bug Leaks Users’ Chat Histories
New Report to Australian Government Alleges ByteDance Poses Disinformation Threat
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