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Hedge Fund Billionaire John Paulson Sued for Securities Fraud by Puerto Rico Partner

(Bloomberg) -- John Paulson was sued by his longtime business partner in Puerto Rico, who alleges the hedge fund billionaire made fraudulent claims to convince him to invest $17 million in a luxury automobile dealership on the island.Most Read from BloombergIndia’s Moment Has Arrived, and Modi Wants a New Global OrderFed Set to Double Its Economic Growth Forecast After Strong US DataStocks Retreat After Hot ISM Fuels Fed-Hike Wagers: Markets WrapSoaring US Dollar Raises Alarm as China, Ja...
Puerto Rico Bloomberg John Paulson Ghaffarv Paulson Condado Vanderbilt John Paulson Fahad Ghaffar
Source: yahoo.com

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AI chip startup Tenstorrent lands $100M investment from Hyundai and Samsung

Case in point, Tenstorrent, the AI hardware startup helmed by engineering luminary Jim Keller, this week announced that it raised $100 million in a convertible note funding round co-led by Hyundai Motor Group and Samsung Catalyst Fund. Indeed, $50 million of the total came from Hyundai's two car-making units, Hyundai Motor ($30 million) and Kia ($20 million), which plan to partner with Tenstorrent to jointly develop chips, specifically CPUs and AI co-processors, for future mobility vehicle...
Ljubisa Bajic Ivan Hamer Milos Trajkovic Bodhi Computing Habana Labs Fidelity Ventures
Source: yahoo.com

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