Local crime, high school sports, county politics, events tonight, and business closings — the daily West Tennessee / Mid-South report from HEREMemphis.
SportsMEMPHIS, Tenn. — The Memphis Grizzlies welcome the Oklahoma City Thunder to FedExForum on Friday in NBA Cup group play with both clubs sitting at 6-2 in the young Western Conference standings. With Jalen Williams, Cason Wallace and Chet Holmgren sidelined, two-time MVP Shai Gilgeous-Alexander…
Business
MEMPHIS, Tenn. — The Greater Memphis Chamber has chosen Joshua Gunn, a North Carolina economic development executive, to become its next president and CEO after a national search, with his first day set for Dec. 10. Gunn comes to Memphis from Durham, N.C., where he directed the city Office of…
From Merger Monday
A month ago the debate over the two leading AI labs was whether they were worth $1.5 trillion or $2 trillion. This week the debate moved lower. OpenAI closed $11 billion at a $1.25 trillion valuation, below the price it first sought and far short of the $30 billion it…
From Merger Monday
OpenAI closed on $11 billion of new funding, the first piece of a round that values the artificial-intelligence company at $1.25 trillion, according to people familiar with the matter, as investors grow more selective about the prices they will pay for AI developers. The initial close covers a little more than…
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