No product? Billion valuation? Sounds it’s 1999

A new startup, founded and led by for OpenAI CTO Mira Murati just raised the largest seed round ever; $2B. Her company, Thinking Machines Lab, has an estimated valuation of $10B based on the fundraise. Here’s the kicker, Thinking Machine Labs has no product. All it has is a vague stated goal “to make AI …

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There you have it folks, the Canadian Housing bubble in all it bubbly glory. Where is Michael Bury at?

Canada likely sitting on the largest housing bubble of all time: Strategist The Canadian housing market is at high risk of unravelling, according to one expert. The level of debt that Canadians have taken on in comparison to their incomes has put many in a precarious position should mortgage rates continue to rise — which …

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