GIBBI, Today
In this newsletter I write the 5 most important news that I read in the day about businesses, media and sports in México and in the World.
Stories:
Liga MX: Week #8 - Predictions
Microsoft & OpenAI have a new deal
Paramount Skydance is preparing a bid for WBD
Perplexity reportedly raised $200M at $20B valuation
Vimeo to be acquired for $1.38B in cash by Bending Spoons
Liga MX: Week #8 - Predictions (GIBBI)
Friday:
Necaxa vs Bravos
Mazatlán vs Pumas
Saturday:
Tuzos vs Cruz Azul
Tigres vs León
Atlas vs Santos
Toluca vs Puebla
América vs Chivas
Sunday:
Querétaro vs Rayados
Atlético San Luis vs Xolos
GIBBI View: Liga Mx returns after the FIFA schedule where México played two games and tied both of them (Japan & South Korea); my predictions: Tigres, Toluca, América & Rayados win their games, the rest of the games will tie
Microsoft & OpenAI have a new deal (The Verge)
Microsoft and OpenAI have signed a non-binding memorandum of understanding (MOU) for the next phase of our partnership. We are actively working to finalize contractual terms in a definitive agreement
Microsoft has invested $13 billion in OpenAI since 2019, and shares in the revenue earned by ChatGPT as well as its API. Microsoft also now includes OpenAI as a competitor, allows OpenAI to lean on other cloud providers for compute power, and has started to increase its reliance on its own AI models
There was one specific detail about the agreement with Microsoft released by OpenAI in another statement, saying that its nonprofit parent company will continue to hold authority over the for-profit business, with an equity stake worth more than $100 billion
GIBBI View: In this moment OpenAI is the best AI startup because it offers the best product in the market so far, but in the same time I think that we’re so far to achieve AGI and I think that we’re not going to achieve AGI in 10 years from now but I think that it’s going to take more time to achieve it (20+ years from now)
Paramount Skydance is preparing a bid for WBD (CNBC)
Paramount Skydance is working with an investment bank as it prepares an offer for Warner Bros. Discovery; Warner Bros. Discovery had yet to receive an offer as of Thursday. A bid could come as early as next week
Warner Bros. Discovery recently announced plans to separate its global TV networks business from its streaming business and studios. The Journal reported Thursday the Paramount Skydance bid would be an all-cash offer for the entirety of WBD
Paramount Skydance owns broadcast network CBS, as well as pay TV networks like BET, MTV and Nickelodeon, and streaming service Paramount+. Its film studio is known for movies like “The Godfather,” “Top Gun,” and “Forrest Gump”
GIBBI View: I think that the US Goverment will take a look in this potential merger between Paramoun Skydance and WBD, because this potential new media company is going to be so BIG and could represent a threat to another big sport media companies like ESPN, Fox, etc
Perplexity reportedly raised $200M at $20B valuation (TechCrunch)
Perplexity, the AI-powered search startup that competes with Google by providing conversational answers to user queries, has secured $200 million in new capital at a $20 billion valuation. The fresh funding comes just two months after the company raised $100 million at an $18 billion valuation
Since its founding three years ago, the rapidly growing AI company has raised $1.5 billion in total funding, according to PitchBook data. It’s unclear who led Perplexity’s latest capital injection
According to a source familiar with the company, Perplexity’s annual recurring revenue (ARR) is approaching $200 million. Last month, Perplexity’s head of communication told Business Insider that the company’s ARR was more than $150 million
GIBBI View: Perplexity has been very actived since the beginning, where it made two offers to buy tiktok in January 19th and January 27th but both were rejected; Perplexity launched a $50 million venture fund and an AI web browser; and Perplexity was sued by News Corp and offered to buy Google Chrome
Vimeo to be acquired for $1.38B in cash by Bending Spoons (VARIETY)
Vimeo is going private: The video platform, at one time a would-be competitor to YouTube, has agreed to be acquired by European tech company Bending Spoons, in an all-cash deal valued at approximately $1.38 billion
Bending Spoons, based in Milan, Italy, has acquired a number of digital technology businesses, including Evernote, Issuu, Meetup, Remini, StreamYard, Splice and WeTransfer. The company claims its products are currently used by more than 300 million people each month
Bending Spoon’s acquisition of Vimeo, which was unanimously approved by Vimeo’s board of directors, is expected to close in the fourth quarter of 2025, subject to Vimeo stockholder approval and customary closing conditions and regulatory approvals
GIBBI View: One of my goals is to create a media company, where this is one of the reason why I started this blog and in the same time I have a youtube and spotify channels