Cathie Wood’s Ark Investment Management said it holds a stake in Microsoft-backed OpenAI, Bloomberg News reported on Thursday, citing the company’s mail to its clients. “As of April 10, 2024, the ARK Venture Fund invests in OpenAI,” Ark said, referring to its $54 million VC fund, the report said.
Day: April 11, 2024
WASHINGTON: US President Joe Biden pledged yesterday to defend the Philippines from any attack in the South China Sea, as he hosted the first joint summit with Tokyo and Manila amid growing tensions with Beijing. “The United States’ defence commitments to Japan and to the Philippines are ironclad,” Biden said […]
FRANKFURT: Germany said yesterday it is providing €25 million (RM128 million) for Holocaust survivors in Israel to help them cope with the impact of the attack by the Hamas and Gaza war. Each of the 113,000 Jewish survivors in Israel will receive a one-off payment of €220, according to the […]