☁️ Cloud beef: On today's episode of Equity, we dig into the details of the recent deal between OpenAI and CoreWeave. We also talk about the sale of Niantic's games business and the latest Y Combinator batch, and we've got an audio update from SXSW.
🥂 Cheers for Cheersy: Cheersy, a wedding marketplace startup that helps people find day-of-service coordinators, raised a pre-seed round with a notable lead investor: Kerry Washington. Washington has backed other startups, including Spill and Equip.
⏰ An update: While the TikTok drama has settled down significantly since January, many questions still remain. We've got an update on what's going on with the app and a list of all the players in the ring to buy it.
🔥 Insurance bailout: Arizona lawmakers are considering a bill that would make it harder to find utility companies at fault for wildfires. In exchange for the reduced liability, insurance companies are supposed to file plans every two years on how they are mitigating wildfire risk.
🗺️ Sign me up: GPS is great in a lot of ways and faulty in many others. Tern AI is a startup looking to build a more accurate GPS equivalent that relies less on satellite data and more on a car's sensor data. So far, the tech seems like it has strong potential.
