OnlyFans Considers Selling Majority Stake to Architect Capital
OnlyFans, the subscription-based platform popular with adult content creators, is considering selling a majority stake to investment firm Architect Capital, according to a source close to the deal. The potential deal would value OnlyFans at $5.5 billion, comprised of $3.5 billion in equity and $2 billion in debt. If the deal goes through, Architect Capital would assume a 60% stake in the business.
The two parties are currently in exclusivity, meaning OnlyFans is barred from negotiating with other potential buyers for a specific period. The timeline for completing the deal remains unclear. The Wall Street Journal previously reported the negotiations. TechCrunch reached out to Architect Capital for comment but did not receive an immediate response.
In other tech news, Physical Intelligence, a robotics startup based in San Francisco, is developing advanced robot brains. The company's headquarters, marked only by a subtle pi symbol, houses a bustling workspace filled with robotics parts, monitors, and robotic arms in various stages of development, according to TechCrunch.
Meanwhile, the personal AI assistant formerly known as Clawdbot has rebranded again, settling on the name OpenClaw after a legal challenge from Anthropic, the maker of Claude. Peter Steinberger, the Austrian developer behind OpenClaw, told TechCrunch via email that he researched trademarks and sought permission from OpenAI to avoid further copyright issues. "The lobster has molted into its final form," Steinberger wrote in a blog post, referencing the inspiration behind the previous name, Moltbot.
Apple recently released an upgrade to one of its simplest gadgets, according to The Verge. David Pierce, editor-at-large and Vergecast co-host, highlighted the new device in Installer No. 114, a guide to tech products.
In France, Henry Jullien, a high-end eyewear designer, has seen a surge in sales after French President Emmanuel Macron was seen wearing the company's sunglasses. Machines at the workshop have been running at full speed since Macron's public appearance, according to Euronews. The company, founded in 1921, specializes in "made in France" eyewear.
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