Elon Musk is seeking new equity investments from his Twitter investors. Musk is offering investors a $54.20 share price, for an implied valuation of $44 billion, to buy new shares, according to Ross Gerber, an existing Twitter investor who was pitched on the deal. The price is the same that Musk paid when the deal, inked in April, closed in October. Since Musk offered to buy Twitter,...
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How to Grease a Chatbot: E-Commerce Companies Seek a Backdoor Into AI Responses
When Andy Wilson’s company received its first successful client referral through ChatGPT, he was shaken to his core. The founder and CEO of Logikcull, a San Francisco–based legal technology company, Wilson “had the exact same reaction to ChatGPT as I had to the internet browser in the early ’90s,” he said. “But this time I knew it would be even bigger than...
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How Microsoft Swallowed Its Pride to Make a Massive Bet on OpenAI
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