Local crime, high school sports, county politics, events tonight, and business closings — the daily Tampa Bay report from HERE St. Petersburg.
Events
ST. PETERSBURG, Fla. — Artists are back on lifts and ladders across St. Petersburg, Fla., as the SHINE Mural Festival opened its twelfth edition this week, with painting set to run from Nov. 6 through Nov. 15. The event brings in muralists from the city, from around the country and…
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
ST. PETERSBURG, Fla. — Voters in St. Petersburg handed Charlie Crist the mayor office Tuesday, ousting Ken Welch by about a 62-to-38 split in a nonpartisan contest that produced the biggest challenger margin against an incumbent since the strong-mayor charter arrived in the 1990s. At his election-night gathering, Crist said…
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