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Techmeme
Filing: Shein will debut on the Hong Kong exchange on Sept. 1, seeking up to $1.8B in its IPO with Goldman Sachs, Morgan Stanley, and JPMorgan as joint sponsors (Julia Fioretti/Bloomberg)
[18d]
Sam Altman says AI could end up controlled by a few powerful players, partly because AI fears could push people to trade "a lot of liberty for safety" (Truman Dickerson/Business Insider)
[18d]
Greg Abbott says data center companies "dug their own grave" by moving into communities without first gaining support, signaling growing Republican backlash (Axios)
[18d]
Sources: Hugging Face has been exploring a sale that could value it at $13B+, up from $4.5B in 2023, and has been working with a bank to gauge bidders' interest (Katie Roof/Business Insider)
[18d]
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