Funds

Fintech loan SoLo Funds faces class action lawsuit – Daily Journal

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Fintech loan SoLo Funds faces class action lawsuit – Daily Journal

SoLo Funds faces a new class action lawsuit according to a copy seen by TechCrunch and first reported by Bloomberg. It accuses SoLo Funds of misleading consumers by advertising zero interest charges on the loans, while encouraging “tipping fees” and “donation fees” to obtain said loans. The complaint alleges that these are hidden fees that … Read more

Former OpenAI CTO Mira Murati Reportedly Raising Funds for New AI Startup – Daily Journal

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Former OpenAI CTO Mira Murati Reportedly Raising Funds for New AI Startup – Daily Journal

Mira Murati, the CTO of OpenAI who announced her departure last month, is raising venture capital funds for a new AI startup, according to Reuters. This startup would focus on creating AI products based on proprietary models and could raise more than $100 million in this round. When she left, Murati wrote on X that … Read more