Local crime, high school sports, county politics, events tonight, and business closings — the daily Western North Carolina / Blue Ridge Mountains report from HEREAsheville.
SportsASHEVILLE, N.C. — Connor Dubsky poured in 21 points and UNC Asheville blew past Erskine 101-74 on Wednesday night at Kimmel Arena, evening the Bulldogs record at 1-1 to open the season. Dubsky hit 6 of 11 tries from beyond the arc and went a…
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…
From Merger Monday
A joint venture of PGIM, Stiles Corp. and Hensler Development refinanced Peabody Union, a new mixed-use tower in downtown Nashville, Tenn., with a $310 million bridge loan from Blackstone’s real-estate debt business. Blackstone Real Estate Debt Strategies provided the loan, which has a three-year term and two one-year extension options. A…
Politics
ASHEVILLE, N.C. — Asheville is adding a familiar face from county government to its top management team. The city announced Friday that Rafael Baptista, now Buncombe County director of strategy and innovation, will become an assistant city manager on Nov. 30. City Manager DK Wesley made the pick. In the…
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