According to several informants, Meta Platforms offers to buy a minority stake in the funds from the risk capital company NFDG, which was founded by two of its most important employees in the field of artificial intelligence.
This is intended to give the funders (limited partners) the chance of a quick payment.
Metas Ki employees Nat Friedman and Daniel Gross founded NFDG a few years ago before they recently joined meta. Meta is now proposing to acquire a minority stake in his fund from the Limited Partners by a takeover offer in the course of the withdrawal of Friedman and Gross at NFDG. This reports several people familiar with the situation.
A representative of Meta refused to comment on the details of the funds.
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