YC'S OPENAI STAKE WORTH $5B AT CURRENT VALUATION
■ AI-SUMMARIZED FROM 1 SOURCE BELOW
Y Combinator owns approximately 0.6% of OpenAI, a stake now valued at over $5 billion following the AI company's $852 billion valuation. The holding stems from YC Research, a YC offshoot that seeded OpenAI in 2016.
■ MORE FROM THE BIG TECH DESK
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Blackstone Digital Infrastructure Trust is pursuing a $1.75 billion initial public offering to acquire newly built data centers. The vehicle will target facilities valued between $250 million and $1.5 billion each.
Google DeepMind employees in the UK have voted to unionize, citing concerns over a recently announced partnership between the company and the US military. Workers raised objections about the Pentagon's track record and potential ethical implications of the defense collaboration.
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