The Boring Company sold shares to existing investors at a $7 billion valuation.
Nov 06, 2023
The Boring Company sold shares to existing investors at a $7 billion valuation.
Cohere was raising a new round at a $6 billion valuation.
Flexport acquired Convoy’s tech stack following its bankruptcy.
Klarna posted profitable quarterly results.
Olive AI shut down.
OpenAI’s ChatGPT surpassed 100 million weekly active users.
The news articles and links presented below are available for your reference.
THE BORING COMPANY
“Musk's Boring Company shares rise over 22% in employee share sale - The Information”
COHERE
“ AI startup Cohere in talks to raise funding at $6 bln plus valuation -sources”
FLEXPORT
“Flexport Buys Tech Backbone of Failed Startup Convoy”
KLARNA
“Buy now, pay later firm Klarna reports first quarterly profit in four years”
OLIVE AI
“ Scoop: Health automation company Olive AI is shutting down”
OPEN AI
“OpenAI’s ChatGPT now has 100 million weekly active users”
Recently Closed Secondary Deals:
Neuralink, ConsenSys, Outreach, Cityblock Health, Cohere