“A lot of compute is needed,” Mr. Musk said in a post about the financing, in which BlackRock, Fidelity and Sequoia participated.
The social media company’s valuation was disclosed in the paperwork for stock grants that it handed to employees on Monday.
Chat app Discord has let go of nearly 40 employees (4% of its workforce) as part of company’s restructuring efforts, according to multiple reports. Several Discord former employees posted on Twitter and LinkedIn that they were impacted by the layoffs. The job cuts have affected people in marketing, design, and entertainment partnership teams. The company…
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