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Thursday, 30 May 2019

Brex, a startup that provides credit cards to tech startups, is in talks to secure new funding at a valuation of $2B+, up from a $1.1B valuation in October (Bloomberg)

Bloomberg:
Brex, a startup that provides credit cards to tech startups, is in talks to secure new funding at a valuation of $2B+, up from a $1.1B valuation in October  —  - Fintech's new cash infusion comes just months after last round  — Kleiner Perkins, Peter Thiel among startup's backers



from Techmeme http://bit.ly/2MgzqEo

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Demis Hassabis says Chinese AI companies are about six months behind leading western labs and the response to DeepSeek's R1 was a "massive overreaction" (Bloomberg)

Bloomberg : Demis Hassabis says Chinese AI companies are about six months behind leading western labs and the response to DeepSeek's ...