Live Nation, the live event giant, is facing potential legal action by the DOJ for its ticketing practices, according to this story from the Wall Street Journal. The Justice Department is preparing a case that the company, which both manages live events and sell tickets, has been raising ticket prices that violates the terms of its 2010 settlement with the government. In 2009, Live Nation merged...
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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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