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OnlyFans considering selling majority stake to Architect Capital | TechCrunch

OnlyFans considering selling majority stake to Architect Capital | TechCrunch

OnlyFans — the massive adult creator network where performers and influencers sell subscription-based content directly to fans — is considering selling a majority stake of its business to investment firm Architect Capital, a source close to the deal told TechCrunch. The deal would value the platform at $5.5 billion.

The source said that of that $5.5 billion, $3.5 billion would be equity and $2 billion would be debt. Under those terms, Architect would assume a 60% stake in the business. The two parties are in exclusivity, meaning that OnlyFans is barred from negotiating with other potential buyers for a set period of time. It’s unclear what the timeline for completing the deal might be. The negotiations were previously reported by The Wall Street Journal.

TechCrunch reached out to Architect Capital for comment.

This isn’t the first time in recent memory that OnlyFans has been in talks to sell off its business. Last year, the New York Post reported that Leonid Radvinsky, the billionaire owner of the site, was looking to “cash out,” and was courting potential buyers. Subsequent reporting showed that the platform’s parent company, Fenix International Ltd., was in talks with a U.S.-based investor group led by the Los Angeles-based investment firm Forest Road Company. It’s unclear what happened to those discussions, although the source told TechCrunch that there had been a number of interested parties since OnlyFans announced its desire to sell a majority stake.

The potential business partner in this particular deal, Architect, launched in 2021 as an asset-based lender — a firm that provides loans secured by company assets — that looks to partner with early-stage startups.

OnlyFans maintains that it’s not a pornography website, despite the fact that a majority of the creators on it produce adult content. A British firm, the site was founded in 2016 by Tim Stokely, who also initially served as its CEO. Stokely sold a majority stake of the site’s parent company, Fenix International, to Radvinsky in 2018. Over the years, it has suffered from a variety of legal controversies, including lawsuits accusing the site of profiting off of abusive videos.

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This streaming device also gives you great quality. It supports up to 4K HDR with Dolby Vision and works with Dolby Atmos-compatible speakers for more immersive, 3D-style sound. Thanks to its powerful processor, it runs fast, and it has double the memory compared to the previous generation of this device. It also includes a redesigned remote with voice control and smart home control. You can even find the remote if lost by making it ring.And of course, you’ll have access to all the major streaming apps like Netflix, Prime Video, and more. Plus, over 800 free live TV channels from apps like Pluto TV and Tubi are at your fingertips. 
        
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Google TV Streamer 4K is on sale for $79.99 at Amazon. That’s a 20% discount on the list price.


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$99.99 Save $20

 

Looking for a simple way to upgrade your streaming setup? Sounds like it’s time to invest in a streaming stick.

These handy pieces of tech plug straight into your TV to give you easy and quick access to apps, streaming platforms, and live TV options. And as of June 29, the Google TV Streamer 4K is on sale for $20 off the list price, now down to $79.99.

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By signing up, you agree to receive recurring automated SMS marketing messages from Mashable Deals at the number provided. Msg and data rates may apply. Up to 2 messages/day. Reply STOP to opt out, HELP for help. Consent is not a condition of purchase. See our Privacy Policy and Terms of Use.

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SAVE $20: As of June 29, the Google TV Streamer 4K is on sale for $79.99 at Amazon. That’s a 20% discount on the list price.


$79.99 at Amazon
$99.99 Save $20

 

Looking for a simple way to upgrade your streaming setup? Sounds like it’s time to invest in a streaming stick.

These handy pieces of tech plug straight into your TV to give you easy and quick access to apps, streaming platforms, and live TV options. And as of June 29, the Google TV Streamer 4K is on sale for $20 off the list price, now down to $79.99.

Mashable Deals

By signing up, you agree to receive recurring automated SMS marketing messages from Mashable Deals at the number provided. Msg and data rates may apply. Up to 2 messages/day. Reply STOP to opt out, HELP for help. Consent is not a condition of purchase. See our Privacy Policy and Terms of Use.

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China’s Zhipu AI (Z.ai) released its open-weight GLM-5.2, and some researchers have claimed that it matches Mythos in certain bug-finding and cybersecurity scenarios. While GLM lags behind models from Anthropic and OpenAI in other, more general tasks, it seems that China has dramatically reduced the gap in the capabilities between its models and those of the US.

This level of advancement is particularly concerning to the US government, which has worked to restrict China’s access to powerful models like Anthropic’s Mythos and Fable, as well as the hardware necessary to train and run them. The Trump administration views Mythos and other advanced AI models capable of identifying vulnerabilities as serious national security threats. Recently, OpenAI unveiled GPT-5.6, which has also raised concerns about its potential for misuse and has limited access to it.

Because GLM is an open-weight model, it can be downloaded and run by anyone on readily available hardware. That gives it great flexibility and allows power users deep access, but it also makes it ripe for abuse by bad actors who can run it with little oversight.

#Chinas #Z.ai #claims #match #Mythos #cybersecurityAI,News,Policy,Politics,Security,Tech">China’s Z.ai claims it can match Mythos on cybersecurityChina’s Zhipu AI (Z.ai) released its open-weight GLM-5.2, and some researchers have claimed that it matches Mythos in certain bug-finding and cybersecurity scenarios. While GLM lags behind models from Anthropic and OpenAI in other, more general tasks, it seems that China has dramatically reduced the gap in the capabilities between its models and those of the US.This level of advancement is particularly concerning to the US government, which has worked to restrict China’s access to powerful models like Anthropic’s Mythos and Fable, as well as the hardware necessary to train and run them. The Trump administration views Mythos and other advanced AI models capable of identifying vulnerabilities as serious national security threats. Recently, OpenAI unveiled GPT-5.6, which has also raised concerns about its potential for misuse and has limited access to it.Because GLM is an open-weight model, it can be downloaded and run by anyone on readily available hardware. That gives it great flexibility and allows power users deep access, but it also makes it ripe for abuse by bad actors who can run it with little oversight.#Chinas #Z.ai #claims #match #Mythos #cybersecurityAI,News,Policy,Politics,Security,Tech

Z.ai) released its open-weight GLM-5.2, and some researchers have claimed that it matches Mythos in certain bug-finding and cybersecurity scenarios. While GLM lags behind models from Anthropic and OpenAI in other, more general tasks, it seems that China has dramatically reduced the gap in the capabilities between its models and those of the US.

This level of advancement is particularly concerning to the US government, which has worked to restrict China’s access to powerful models like Anthropic’s Mythos and Fable, as well as the hardware necessary to train and run them. The Trump administration views Mythos and other advanced AI models capable of identifying vulnerabilities as serious national security threats. Recently, OpenAI unveiled GPT-5.6, which has also raised concerns about its potential for misuse and has limited access to it.

Because GLM is an open-weight model, it can be downloaded and run by anyone on readily available hardware. That gives it great flexibility and allows power users deep access, but it also makes it ripe for abuse by bad actors who can run it with little oversight.

#Chinas #Z.ai #claims #match #Mythos #cybersecurityAI,News,Policy,Politics,Security,Tech">China’s Z.ai claims it can match Mythos on cybersecurity

China’s Zhipu AI (Z.ai) released its open-weight GLM-5.2, and some researchers have claimed that it matches Mythos in certain bug-finding and cybersecurity scenarios. While GLM lags behind models from Anthropic and OpenAI in other, more general tasks, it seems that China has dramatically reduced the gap in the capabilities between its models and those of the US.

This level of advancement is particularly concerning to the US government, which has worked to restrict China’s access to powerful models like Anthropic’s Mythos and Fable, as well as the hardware necessary to train and run them. The Trump administration views Mythos and other advanced AI models capable of identifying vulnerabilities as serious national security threats. Recently, OpenAI unveiled GPT-5.6, which has also raised concerns about its potential for misuse and has limited access to it.

Because GLM is an open-weight model, it can be downloaded and run by anyone on readily available hardware. That gives it great flexibility and allows power users deep access, but it also makes it ripe for abuse by bad actors who can run it with little oversight.

#Chinas #Z.ai #claims #match #Mythos #cybersecurityAI,News,Policy,Politics,Security,Tech

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