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Silicon Valley return on Trump bet: Plunging valuations, delayed IPOs

livenewsusa24@gmail.comApril 5, 2025010 mins

The Nasdaq MarketSite in New York, June 9, 2023. Michael Nagle | Bloomberg | Getty Images Silicon Valley executives and financiers publicly opened their wallets in support of President Donald Trump’s 2024 presidential run. The early returns in 2025 aren’t great, to say the least. Following Trump’s sweeping tariff plan announced Wednesday, the Nasdaq suffered…

OpenAI closes billion funding round, record for private tech deal

OpenAI closes $40 billion funding round, record for private tech deal

livenewsusa24@gmail.comMarch 31, 202507 mins

Sam Altman, chief executive officer of OpenAI, during a fireside chat organized by Softbank Ventures Asia in Seoul, South Korea, on Friday, June 9, 2023. SeongJoon Cho | Bloomberg | Getty Images OpenAI on Monday announced it had closed what amounts to the largest private tech funding round on record. The $40 billion financing values…