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- OpenAI offering $5M-$10M comp packages for Google AI researchers, Character.AI in talks to raise at a $5B+ valuation
OpenAI offering $5M-$10M comp packages for Google AI researchers, Character.AI in talks to raise at a $5B+ valuation
The Information sources: OpenAI recruiters have offered senior Google AI researchers compensation packages in the $5M-$10M range, mainly in the form of stock compensation - Link
Reuters sources: Google is in talks to invest "hundreds of millions" in Character.AI at a $5B+ valuation after the startup was valued at $1B in March - Link
01.AI CEO Kai-Fu Lee said his China-based startup purchased enough Nvidia GPUs before the US tightened export restrictions to China in the last 18 months - Link
Former FTX execs are building a new crypto exchange in Dubai, which will operate under the name Backpack, that plans to let users hold funds in self-custody wallets that the exchange won’t be able to access unilaterally - Link
.Tech Domains has a new program called startups.tech, where you can get your startup featured on This Week in Startups. Go to startups.tech/jason to find out how!
TechCrunch's Alex Wilhelm joins Jason to break down the latest earnings reports from Uber (4:04), Lyft (24:28), and Nextdoor (44:15). Then, the two dive into WeWork's failed business model (1:01:44), the viability of various careers as AI advances (38:33), and much more! - Link
Deel, an HR startup last valued at $12B that helps companies hire contract and remote workers, hit $400M in ARR last month - Link
Arch, a NY-based startup that helps investors automate ops and reporting for private investments, raised a $20M Series A led by Menlo Ventures - Link
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