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China's SMIC plans to acquire the remaining 49% stake in its SMNC unit for ~$5.8B, making the unit wholly owned, per a Shanghai Stock Exchange filing (Reuters)

Reuters : China's SMIC plans to acquire the remaining 49% stake in its SMNC unit for ~$5.8B, making the unit wholly owned, per a Shan...

7 February 2025

Sources: Ilya Sutskever's Safe Superintelligence is in talks to raise funding at a valuation of $20B+, up from a $5B valuation from its September funding round (Reuters)

Reuters:
Sources: Ilya Sutskever's Safe Superintelligence is in talks to raise funding at a valuation of $20B+, up from a $5B valuation from its September funding round  —  Safe Superintelligence, an artificial intelligence startup co-founded by OpenAI's former chief scientist Ilya Sutskever last year …

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