Money Pouring Into AI Startups Spurs Unequal Deals
Getting in first often gives VCs a better deal in multi-tranche funding rounds
This article is for subscribers only.
Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg’s journalists around the world. Today, Rebecca Torrence reports on the rise of multi-tranche fundraising rounds for AI companies.
TikTok warned by EU: European regulators have told TikTok it needs to overhaul the design of its popular video app over fears it has addictive features that could harm users.