Billions of investment dollars are flowing into the coffers of AI startups as the industry scrambles to bet big on which company will dominate the ind

A tangled web of companies have a stake in the biggest AI companies. Dive in and see

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2024-11-26 17:30:04

Billions of investment dollars are flowing into the coffers of AI startups as the industry scrambles to bet big on which company will dominate the industry in the years to come.

Each week brings reports of new fundraising for the private companies leading the pack, along with eye-popping valuations that aren’t exactly justified by the current state of each business. These deals are being scrutinized by the Federal Trade Commission.

To get a sense of which companies from Amazon to Microsoft to Nvidia to Salesforce got in on the ground floor of some of the most promising AI startups, we dove into fundraising data from Pitchbook to see who has stakes in OpenAI, Mistral AI, Perplexity, and Anthropic.

The third quarter of the year is an important time for retailers, marking the last round of information investors get until after the holiday season, the industry’s Super Bowl.

So it stands to reason that investors, after they saw Kohl’s massive earnings miss on Tuesday, sent the stock price down nearly 20% in early trading. The miss comes the morning after the company announced that its CEO, Tom Kingsbury, would be stepping down after less than two years in the role. Kingsbury was handpicked by a group of activist investors who, by the looks of it, have been unable to turn things around for Kohl’s.