Minted, a venture-backed startup that sells stationery, art and other goods through an online marketplace, has laid off 147 employees, following a collapse in sales due to the coronavirus, founder and CEO Mariam Naficy told The Information. The outbreak has had a devastating impact on sales of print invitations, which represent about half of Minted’s revenues. The layoffs include 76 corporate...
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OpenAI Dangles Perks and Early Access to Win Investments in AI Startups

OpenAI has proven itself to be a prolific fundraiser, collecting billions of dollars from Microsoft and others to perfect its artificial intelligence software. Lately, it’s also been flexing its muscles as an investor in other AI startups, a strategy that could tie a generation of young companies to its machine-learning models and Microsoft’s cloud services. San...
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