OpenAI CFO says Microsoft deal boosts capital raising efficiency

OpenAI CFO says Microsoft deal boosts capital raising efficiency

RIYADH (Reuters) –OpenAI‘s Chief Financial Officer Sarah Friar said in Riyadh on Wednesday that this week’s deal with Microsoft allows the company to continue raising capital in a much less complex manner. Friar also said that OpenAI’s intention to collaborate with governments globally to deploy its technology could enhance the United States’ soft power. (Reporting…

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China’s Rare Earth Curbs Put ASML in the Crossfire of a New Tech War

This article first appeared on GuruFocus. ASML Holding NV (NASDAQ:ASML) struck a confident tone this week after Beijing unveiled new export restrictions on rare earth materialscritical inputs for chip manufacturing that have sent tremors through the global semiconductor supply chain. Chief Financial Officer Roger Dassen said the company is well prepared, noting that ASML’s long…

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