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Sources: Meta is in talks for a potential multibillion-dollar investment in Scale AI, Meta's largest external AI investment; Scale AI was last valued at ~$14B (Bloomberg)

Bloomberg : Sources: Meta is in talks for a potential multibillion-dollar investment in Scale AI, Meta's largest external AI investme...

21 December 2023

US consumer groups and lawmakers say Klarna, Affirm, Afterpay, and other BNPL services may encourage younger and lower-income Americans to take on too much debt (New York Times)

New York Times:
US consumer groups and lawmakers say Klarna, Affirm, Afterpay, and other BNPL services may encourage younger and lower-income Americans to take on too much debt  —  Buying mattresses, clothes and other goods on installment plans has propped up spending, but economists worry that such loans could put some people at risk.

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