Figma announced on Thursday that it will conduct a tender offer allowing investors, including current and former employees, to sell shares at a valuation of $12.5 billion. This marks a 25% increase from its 2021 fundraising valuation, yet falls short of Adobe...
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Shanthi Rexaline
Nvidia’s Market Value Nears $2.3T, Boosting CEO’s Pay and Employee Salaries
Nvidia Corp’s (NASDAQ:NVDA) CEO Jensen Huang received a 60% pay boost last fiscal year. His compensation reached $34.2 million courtesy of the artificial intelligence frenzy. Huang’s pay package included $7 million more in stock awards than the previous year, a $4...
OpenAI CEO Sam Altman Seems To Be On The Same Page With Elon Musk About One Thing — To Ensure ‘Reasonable Safety’ In AI Era Via Strong Regulation
Last week, in a podcast, OpenAI CEO Sam Altman expressed his support for international regulation of AI, echoing similar statements shared previously by Tesla and SpaceX CEO Elon Musk. What Happened: On Friday, while speaking at the All-In podcast, Altman spoke about...
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