AICNBC Finance3 days ago
North Carolina skips SpaceX, backs OpenAI and Anthropic
1 min read
North Carolina Treasurer Brad Briner passed on SpaceX's IPO due to its $1.77 trillion valuation, calling it too expensive for the pension fund. The state instead invested roughly $40 million in OpenAI and $250 million in Anthropic, seeking better risk-reward opportunities for retirees.
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