Chinese artificial intelligence startup Sobot, which develops AI-powered customer services software, said it has raised $100 million in a funding round led by new investor SoftBank. The deal shows how SoftBank’s Vision Fund 2 continues to strike new deals in China, even after the country’s harsh regulatory crackdown on the internet sector last year hurt some of the Japanese investment firm’s...
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Musk Puts $20 Billion Value on Twitter
Elon Musk offered Twitter employees stock grants at a valuation of roughly $20 billion, said a person familiar with an email Musk sent to staff, less than half what he paid to buy the company. It was a concrete acknowledgment of how much Twitter’s value has dropped since the deal—but it is still well above public market valuation levels for Twitter’s rivals. As Musk has...
Twitter Valued at $20 Billion in New Employee Stock Grant
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