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Spice World

Spice World

AI company valuations become astronomical, McCormick and Unilever create a spice super-company, and the WNBA makes a landmark deal.

Slate Money · Slate Podcasts

April 4, 202641m 41s

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Show Notes

This week: OpenAI completed a $122 billion investment round. Felix Salmon, Elizabeth Spiers, and Emily Peck discuss what this deal says about the private and public markets and try to wrap their heads around the astronomical valuations of OpenAI and SpaceX. 


Then, Maryland-based spice company, McCormick, announced it will merge with Unilever’s food division to create a new spice and sauce mega-company. The hosts discuss the unusual case of a smaller company absorbing a larger one, and why Unilever's stock is currently plummeting. 


Finally, the hosts break down the WNBA's landmark collective bargaining agreement and why Nobel laureate Claudia Goldin was the MVP of the negotiation. 


In the Slate Plus episode: The largest single home sale on record. 


This episode is member-exclusive. Listen to it now by subscribing to Slate Plus. By joining, not only will you unlock weekly bonus episodes of Slate Money—you’ll also access ad-free listening across all your favorite Slate podcasts. You can subscribe directly from the Slate Money show page on Apple Podcasts and Spotify. Or, visit slate.com/moneyplus to get access wherever you listen. 



Podcast production by Jessamine Molli



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