Local crime, high school sports, county politics, events tonight, and business closings — the daily Southeast Tennessee report from HEREChattanooga.
Business
CHATTANOOGA, Tenn. — Parkridge Medical Center cut the ribbon Friday on a three-story patient tower, a $99 million addition that gives the McCallie Avenue hospital 50 more rooms as demand for care climbs across the Chattanooga region. The building covers 88,000 square feet. Sixteen of its rooms are set aside…
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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