SpaceX Polaris Dawn Astronauts perform 1st Private Spacewalk

Author

Noel Moldvai
September 12, 2024

Good Afternoon! We hope your week is going great. Let’s take a moment to honor the men and women who lost their lives or their loved ones on 9/11. It has been 23 years since that day. An important moment in time was the day after, 9/12, and how the American people came together. That’s what America is all about. In other news, Glean continues its rapid valuation growth while Polaris Dawn astronauts spacewalk in orbit. Enjoy this weeks news.

TL;DR

  • AI-Powered Work Assistant Glean Doubles Valuation To $4.6B In Less Than Seven Months

  • OpenAI in talks to raise funds at $150B valuation

  • SpaceX Polaris Dawn astronauts perform historic 1st private spacewalk in orbit

  • Private Markets Seem Out of Reach for Individual Investors. BlackRock Thinks It Has an Answer

AI-Powered Work Assistant Glean Doubles Valuation To $4.6B In Less Than Seven Months

Glean raised $260M in a Series E funding round at a $4.6B valuation, just seven months after its Series D. Founded by former Google engineers, Glean offers AI search tools and automation features. The company tripled its annual recurring revenue over the past year.

OpenAI in talks to raise funds at $150B valuation

OpenAI is in discussions to raise $6.5 billion at a $150 billion valuation, significantly higher than its earlier $86 billion valuation. Thrive Capital is expected to lead the funding round, with Microsoft, Apple, and Nvidia also participating. Additionally, OpenAI is seeking to raise $5 billion in debt from banks.

SpaceX Polaris Dawn astronauts perform historic 1st private spacewalk in orbit

The Polaris Dawn crew made history by completing the first-ever private spacewalk on September 12, 2024. Led by billionaire Jared Isaacman, the SpaceX mission also reached a record altitude of 870 miles. The crew tested new SpaceX-designed EVA suits and conducted scientific experiments aimed at advancing human space exploration, including future missions to Mars.

Private Markets Seem Out of Reach for Individual Investors. BlackRock Thinks It Has an Answer

BlackRock plans to offer wealthy investors access to private equity and private credit through a model portfolio developed with Partners Group. This initiative aims to simplify private market investing for wealth advisers and individuals. Private markets, offering higher fees and returns, are increasingly sought after. The portfolio will be available next year to qualified investors with a net worth of $2.2 million or more.

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Until next week!

Cheerio,
-Noel