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    OpenAI fires back at Musk, and Monzo raises a megaround

    OpenAI fires back at Musk, and Monzo raises a megaround

    Equity

    This is our Wednesday show, focused on startup and venture capital news that matters. If you are a founder or an investor, this one is for you!Here’s the day’s rundown: OpenAI fires back at Musk : In the wake of a lawsuit from former backer Elon Musk, OpenAI is bringing receipts and an argument that Musk wanted to run the company’s for-profit arm. Hard to argue against something that you wanted to run, yeah? Monzo raises megaround : Monzo’s latest round is proof that the worst of the fintech slump is behind us. All eyes on Ema : With $25 million and a launch from stealth, Ema’s work to bring AI to the enterprise is notable. But in such a crowded market, are many startups aiming too high on the stack? Accenture buys Udacity : The former unicorn’s final resting place is not wh
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