Tokens Are AI Boom’s New Favorite Metric; Quick Payout for Friedman-Gross Fund

Coatue founder Philippe Laffont at The Information’s 2024 Private Capital Conference. Photo by Nicole Pereira.

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On Wednesday, Kalley and Cory broke the news that former GitHub CEO Nat Friedman and Safe Superintelligence co-founder Daniel Gross were in advanced talks to join Meta Platforms. Along with the hires, Meta is also discussing buying out a portion of the duo’s fund, which raised more than $1 billion two years ago.