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OpenAI fights back against Musk, Monzo raises mega round

TechBrunchBy TechBrunchMarch 6, 20242 Mins Read
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Listen here or wherever you get your podcasts.

Hello. Welcome to Equity, the startup business podcast. Uncover the numbers and nuances behind the headlines.

This is a Wednesday show that focuses on important news in startups and venture capital. If you are a founder or an investor, this is for you!

Here's a summary of the day:

OpenAI hits back at Musk: Following a lawsuit from former backer Elon Musk, OpenAI is submitting receipts and claims that Musk wanted to run the company's commercial division. It's hard to argue against what you wanted to do, right? Monzo raises mega round: Monzo's latest round proves the worst of the fintech recession is behind us. Spotlight on Ema: With $25 million and a stealth launch, his Ema effort to bring AI to the enterprise is noteworthy. But in such a crowded market, are many startups aiming their stacks too high? Accenture buys Udacity: The former unicorn's final resting place is not what they previously dreamed of, but this deal is at least It brought welcome liquidity to a venture-backed startup. Climate boost? Future regulatory choices could create a massive surge in demand for carbon-tracking startups. And the latest on OpenView: The Information reports that OpenView is returning most of its latest funding to backers. The final chapter of a strange and slightly sad company.

For episode transcripts and more, visit Equity's Simplecast website.

Subscribe on Apple Podcasts, Overcast, Spotify and all casts as stocks drop every Monday, Wednesday, and Friday at 7 a.m. PT. TechCrunch also has some great shows about cryptocurrencies, interviews with founders, and more.



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