The online ticket platform Seatgeek and blank-check special acquisition company RedBall scrapped a plan to go public via a merger, the firms announced Wednesday. The deal would have valued the combined company at $1.35 billion. Market volatility, particularly for technology stocks, sparked the reversal, the mobile ticket platform and the sports-focused SPAC, backed by Oakland Athletics...
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Don’t Build the Wrong Kind of AI Business
At a catch-up coffee a few weeks ago, a founder friend asked me, “What AI thing should we build?” It was the third time that week a founder had asked me the same question. Generative artificial intelligence is 99% of the buzz in Silicon Valley right now. In just the last few weeks, Open AI released GPT-4, its most advanced language model to date; Google announced AI for the...
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