Another $100M for AI, why not

Another $100M for AI, why not

  • Worries about the Chinese economy dragged down Asian shares this morning; the equity picture was more mixed in Europe and the United States. Meanwhile, why is crypto so slow lately? What happened to price volatility?
  • On the earnings front, we’re looking ahead to Monday.com, Getty, Cisco, Bill.com and Palo Alto Networks this week.
  • News that Anthropic is raising another $100 million got us talking about a few other AI rounds that are in the pipeline; the gist is that there is a lot of money flowing around AI startup-land these days.
  • Indian electronics manufacturing is making real strides, Mastercard is buying some African fintech, and the better.com SPAC is a go.

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