Semafor, a news startup, plans to buy back Sam Bankman-Fried’s stake in the company, according to The New York Times . Bankman-Fried invested approximately $10 million in the startup, which raised roughly $25 million before it launched in October, the report said. Bankman-Fried, founder of now-bankrupt crypto exchange FTX, was charged last month with eight criminal counts, including wire...
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Chatbot Startup Character Seeks $250 Million, Testing Investor Appetite for AI
Character, an AI chatbot startup founded by two former Google researchers, has told investors it wants to raise as much as $250 million in new funding, according to two people with direct knowledge of the matter. The pitch will test investors’ appetite for machine-learning startups as Microsoft’s multibillion-dollar deal with OpenAI casts a halo over the sector. A funding round of...
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