OpenAI Secures $10B in One Week—But It’s Also Burning Cash at Record Speed A day after announcing a $6.6 billion venture round, OpenAI secured a $4 billion credit line from banks. By Alexandra Tremayne-Pengelly
What Is Wiz, the Startup Walking Away From Google’s Largest-Ever Acquisition? Google offered to pay nearly twice Wiz's last private-market valuation. By Rachel Curry
NYC Online Pharmacy Startup Capsule to Bring Prescription Drug Delivery Nationwide "We are going to be in all of the major cities in the next 18 to 36 months," says CEO Eric Kinariwala. By Gabriela Barkho
Facebook Acquires Instagram For $1 B. Just Days After a $50 M. Investment From Sequoia, Thrive, and Greylock [UPDATED] By Nitasha Tiku
The Agony, the Ecstasy, and the Karaoke: Twitter Reactions to the GroupMe/Skype Acquisition By Nitasha Tiku
Craig Shapiro of Collaborative Fund and GOOD Talks BankSimple, Drudge Report, Socially-Conscious Investing, and the Start-Up He’d Most Like to See By Adrianne Jeffries