Equity Monday: Hey look, OpenAI is even richer now
Alex is back on the mic with your Monday rundown, and as usual, we had much to unpack. We're digging into OpenAI, earnings, First Republic Bank, and ARM. Oh, and startups as well!
Equity · TechCrunch, Rebecca Bellan, Kirsten Korosec, Anthony Ha, Sean O'Kane, Theresa Loconsolo
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Show Notes
Alex is back on the mic for your Monday rundown and digging into OpenAI, earnings, First Republic Bank, and ARM. Oh, and startups as well!
- It's another big earnings week, and we're excited to see how Uber, Coinbase, Apple and Hubspot have performed!
- First Republic Bank is no more. It wasn't shocking to see JPMorgan swooping it up, but we are once again seeing a small bank shutting shop and a big bank getting bigger. Not good!
- OpenAI is now even richer thanks to a $300 million investment from venture capitalists. It's amazing that the company sold just 1.1% of its equity for nine figures.
- And Alison raised capital just as AMD filed privately to go public. It's a busy start to the week!
Hugs, and we'll be back Wednesday and Friday.
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Credits: Equity is produced by Theresa Loconsolo with editing by Kell. Bryce Durbin is our Illustrator. We'd also like to thank the audience development team and Henry Pickavet, who manages TechCrunch audio products.
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