Reddit IPO, Microsoft's AI Investment, Thrasio Bankruptcy, Nvidia's Growth, Google's AI Pause
Reddit is planning an IPO, aiming to go public with a potential $5 billion valuation, engaging its community by offering shares to top users. Microsoft invests €15 million in French AI company Mistral AI, expanding its AI partnerships beyond OpenAI, amidst discussions on AI regulation and market competition. Thrasio, an e-commerce aggregator, files for Chapter 11 bankruptcy despite previous valuations over $1 billion. Nvidia's market value reaches $2 trillion, driven by a significant surge in AI demand. Google halts its Gemini AI image generation feature due to concerns over historical inaccuracies, reflecting the tech industry's ongoing challenges with AI ethics and reliability.