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The Hustle··6 min read
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AI Summary

The Hustle newsletter covers major tech news including OpenAI's $122B funding round valuing the company at $852B, Virgin Galactic reopening commercial space tourism bookings at $750k per seat, and Allbirds selling for just $39M after being valued at $4B. The newsletter also mentions various platform updates from TikTok, Paul McCartney's temporary Reddit ban, and China's development of a robotic arm for space debris removal.

Key Facts

OpenAI closed a massive $122B funding round, bringing its valuation to $852B with $2B monthly revenue ahead of a potential IPO.
Virgin Galactic reopened space tourism bookings at $750k per seat (up from $450k in 2021) after nearly two years of delays.
Allbirds sold its assets for just $39M to American Exchange Group after once being valued at $4B, marking a dramatic fall from grace.

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