OpenAI CEO Sets Sights on Whopping $100M in Funding: Paving the Future of AI Technology
OpenAI CEO Sam Altman is reportedly in advanced talks to raise $100 million for his cryptocurrency venture Worldcoin. Founded in 2019, Worldcoin has been working on a range of crypto products over the last few years. However, the company has been overshadowed by its founder’s other project, OpenAI. The latest announcements from Worldcoin include the […]
FTX Invests in Startup, Funds Vanish in 6 Weeks, Company in ‘Cockroach Mode’!
FTX, a cryptocurrency exchange, recently funded a startup, which, in just six weeks, spent all the invested funds, forcing the business to enter what is colloquially known as “cockroach mode.” This unexpected turn of events emphasizes the volatile nature of startups, and the uncertainty of investing venture capital funds in these companies. Moreover, it highlights […]