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Tech Fund Invested in SpaceX, OpenAI Sinks After 1,000% Surge

Tech Fund Invested in SpaceX, OpenAI Sinks After 1,000% Surge
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Tech Fund Invested in SpaceX, OpenAI Sinks After 1,000% Surge

(Bloomberg) A closed-end fund that holds shares of private technology firms like Elon Musk’s SpaceX, OpenAI and Epic Games Inc. has been mostly defying gravity since its debut a month ago, until now. Most Read from BloombergApple Intensifies Talks With OpenAI for iPhone Generative AI FeaturesPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingWall Street Humbled as Fast-Reversing Markets Confound the ProsThe Long, Slow Death of Urban NightlifeJavier Milei Fuels Wild Rally That Mak ....

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Judge issues an evidentiary hearing regarding Epic Games vs Apple injunction

Epic Games argues that Apple is not complying with the injunction. The court has set a three-day hearing beginning on May 8, 2024. ....

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Cathie Wood's Ark Investment Management announces stake in Microsoft-backed OpenAI

The asset manager said, “OpenAI is at the forefront of a Cambrian explosion in artificial intelligence capability." ....

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Cathie Wood's Ark Investment Management Announces OpenAI Stake

Cathie Wood's Ark Investment Management Announces OpenAI Stake
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