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Sources: Erebor, Palmer Luckey's digital bank, raised $350M led by Lux Capital at a $4.35B post-money valuation; it secured FDIC approval last week (Axios)

Axios : Sources: Erebor, Palmer Luckey's digital bank, raised $350M led by Lux Capital at a $4.35B post-money valuation; it secured F...

26 May 2025

OpenAI sets up a legal entity in South Korea and plans a Seoul office, its third in Asia, and says the country has the most paying ChatGPT users outside the US (Yoolim Lee/Bloomberg)

Yoolim Lee / Bloomberg:
OpenAI sets up a legal entity in South Korea and plans a Seoul office, its third in Asia, and says the country has the most paying ChatGPT users outside the US  —  OpenAI has established a legal entity in South Korea, seeking to propel further adoption of its artificial intelligence technologies.

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