Sources: JPMorgan and Goldman, leading a $5B loan sale with a yield of ~11% for AI startup Volta, took a rare move to limit exposure by underwriting just $1.3B
Bloomberg via Techmeme Original usually requires a subscription
JPMorgan Chase & Co. and Goldman Sachs Group Inc. have taken a rare move to limit their exposure on a $5 billion loan sale …
A short brief from Techmeme’s public feed, in the source language. The full original article has not been read.
More from Techmeme
Lumaril, which develops AI software for optimizing industrial production by connecting to existing control systems, raised a $66M Series A at a $400M valuation
Techmeme 3 h ago
DeepSeek open sources Super-Agent as a research prototype, a proactive coding agent it says can monitor group chats for coding issues and suggest solutions
Techmeme 3 h ago
Insurance software maker Guidewire agrees to acquire Hyperexponential, which makes AI-powered insurance underwriting and pricing software, for $1.7B in cash
Techmeme 3 h ago
Tests: chatbots rely on three obscure AI-built voter sites for US midterm answers; Copilot cited the error-prone Ballot Brief in 75% of tests and ChatGPT in 22%
Techmeme 8 h ago