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It’s back to the races for artificial intelligence startups that require billions of dollars—and the investors that want to own a piece of their growth.
OpenAI’s $6.6 billion capital raise and startups’ high computing costs have sparked new funding discussions between AI startups—including xAI, Anthropic, Perplexity and ElevenLabs—and investors hoping to kick-start deals. In some cases, pressure to close investments before the holiday lull sets in has added urgency.
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The Information
A millennial says she regrets her degrees and recommends people do their homework before pursuing higher education. Read more ›
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Disney's silence on the harassment The Acolyte's main star faced still doesn't sit well with some of its cast. Read more ›
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Apple's new Vitals app for watchOS 11 appears to be impressing some users with its ability to detect potential illness days before symptoms manifest, according to recent reports on Reddit. The Apple Watch app, which analyzes key health metrics measured during sleep over the last seven days, appears to be providing early warnings of impending sickness for at least some Apple Watch wearers ahead of time. It's available on Apple... Read more ›
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Two photos from the event where Musk stumped for Trump became iconic fodder for the internet. Read more ›
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Seki Sensei rates samurai battle scenes in movies and TV shows like "Shogun," "The Last Samurai," and "The Wolverine." Read more ›
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Viktor Bout, released in a prisoner swap for Brittney Griner, is trying to sell weapons to the Houthis in Yemen, per The Wall Street Journal,. Read more ›
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There’s little better than finding a killer deal on a great product, and here’s an October Prime Day deal that checks pretty much all the right boxes. Sony's WH-1000XM4 headphones are on sale for $130, which is a new record low. They often sell for $348 and the previous record low price was $198. These aren’t quite the very best Sony headphones on the market anymore. The XM5s are now... Read more ›
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New research finds that humankind's once-steady rise in life expectancy is slowing down, raising the question of whether we'll be able to expand our lifespan much further. Read more ›
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Baby boomers spent decades buying stuff. Now they have to have difficult conversations with their kids about what to keep and what to throw away. Read more ›
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Can you believe Alien: Isolation is now 10?! Doesn't time fly when you are cowering for your life underneath a table, as a hulking great big Xenomorph stalks you around a space station. Ahh, good times. Read more Read more ›
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Jolie Steele was afraid of getting divorced because she had no income. She had two kids to take care of as well. She drastically cut her spending. Read more ›
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Amazon will likely eliminate around 14,000 corporate jobs by early next year as part of ongoing efforts to reduce costs, according to a note Morgan Stanley sent to clients that Slashdot has reviewed. Brian Nowak of Morgan Stanley estimated Amazon could cut approximately 13,800 manager positions by the end of the first quarter of 2025, based on the company's stated goal of increasing the ratio of individual contributors to managers... Read more ›
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Prime Day is almost upon us, but you don't have to wait any time at all to find some good deals. Case in point: both variants of the PS5 Slim have dropped by $50, so if you've been holding off on making the leap to current-gen consoles (and the PS5 Pro is perhaps a little too on the pricey side), this is a solid discount that's worth considering. The Digital... Read more ›
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Photo by Vjeran Pavic / The Verge The iPhone 16 Pro’s camera upgrades may be the true highlights of this year’s phone. So, for the past three weeks, The Verge supervising producer Vjeran Pavic has been testing out everything the camera has to offer. Apple’s new Camera Control button may be the headline feature, but the iPhone 16 is also equipped with a suite of new photo adjustment tools that... Read more ›
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Week 5 wraps up in Kansas City this evening with the Chiefs hosting the New Orleans Saints. Read more ›
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Ukrainian intelligence said it took out a $10 million Russian Osa system with a drone worth just a few hundred dollars, and shared footage. Read more ›
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The AI Platform Alliance announced today the expansion of its consortium aimed at combining the key chips and hardware for modern AI. Read more ›
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"I'd always been a huge fan of the first film," says Alistair Hope, Alien: Isolation's director, of the original 1979 movie . "But everyone was always focused on the Aliens experience, given its natural connection between aliens and shooting. We felt that if you could create a game that took you back to that feeling of being on the Nostromo, hunted by that first alien - that would be something... Read more ›
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Image: Atlus Persona is one of the rare video game series where people actually talk about the menus. They’re functional, sure, but they’re also so incredibly stylish that you almost don’t mind constantly pausing to equip gear or heal your party. So when I had the chance to talk to longtime Persona director Katsura Hashino about his new game, Metaphor: ReFantazio, which continues this tradition of beautiful menus, I had... Read more ›
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Vegetation has grown more than tenfold over the past four decades, a new study finds. Read more ›
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The Information
OpenAI just raised one of the biggest private pools of capital in Silicon Valley history. Ironically, one of the biggest questions is how soon it will try to raise that kind of money again, thanks to its high cash burn.Its $6.6 billion financing capped a convoluted and sometimes chaotic process that spanned continents. Investors are valuing OpenAI at $157 billion—on par with publicly traded firms like Siemens, Goldman Sachs and... Read more ›
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Cerebras Systems, a $4 billion-valuation semiconductor designer taking on Nvidia, stands out as one of the few tech startups aiming to list its shares publicly this year, trying to capitalize on investor interest in hardware that powers artificial intelligence. What may dampen some of the fervor is another unusual detail: Its co-founder and CEO, Andrew Feldman, was convicted for an accounting fraud felony nearly two decades ago. Read more ›
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Tesla has embarked on an ambitious effort to design four new versions of its in-house battery to power the Cybertruck, its forthcoming Robotaxi and other electric vehicles, according to people with direct knowledge of its plans. This is the most battery projects the company has worked on simultaneously. The projects come four years after CEO Elon Musk first outlined plans for Tesla’s next battery line, known as the 4680 because... Read more ›
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Lightspeed Venture Partners is raising money for three new funds that could total around $7 billion, according to a person who has discussed the fundraising with the firm’s partners. It’s the latest firm seeking to raise billions after a period when institutional investors pulled back from venture capital. Close to 40% of the new money will go to an opportunity fund that will make follow-on investments in its portfolio companies... Read more ›
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Logistics company Flexport is making fresh job cuts and will sublease excess warehouse space to overhaul the money-losing fulfillment business it acquired from Shopify last year, according to a memo to staff on Wednesday. Flexport, which was valued at $8 billion in a 2022 funding round, has seen revenue drop since then amid a broader collapse in freight markets. At the same time, it has struggled to fit the fulfillment... Read more ›
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Thrive Capital has raised $391.3 million in new capital for an investment vehicle associated with its $3.5 billion growth fund launched in August, according to a securities filing. In March 2023, Thrive similarly raised $744.8 million for an special-purpose vehicle, a pool of capital dedicated ... Read more ›
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There wasn’t any one thing that led to the slow death of Girls in Tech, a standard-bearer nonprofit that provided Silicon Valley women with the kind of mentorship and training opportunities that men took for granted. First, the pandemic struck, and donors shifted their attention to health and science causes. Then the Black Lives Matter movement prompted donors to shift their focus to groups that were more obviously working on... Read more ›
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OpenAI has completed a $6.6 billion fundraise that values the ChatGPT developer at $157 billion, including the investment, the company announced in a blog post on Wednesday. The announcement comes after several weeks of reports the company was in talks with investors including Thrive ... Read more ›
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The internet didn’t hold back in mocking OpenAI and SoftBank in response to my scoop on SoftBank’s Vision Fund investing $500 million at a $150 billion pre-investment valuation in the ChatGPT developer. The commentators quickly interpreted the Japanese telecom giant’s participation in the financing as a sign that the artificial intelligence market is peaking.It’s become clear that the investment firms keen to support OpenAI’s mega-financing are the same ones that... Read more ›
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Tome, a startup whose product uses generative artificial intelligence to quickly generate visual presentations, has laid off nearly a third of its 39 employees, the second round of cuts this year, according to a copy of the announcement. It’s one of a handful of generative AI startups, including ... Read more ›
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Most popular sources
Business Insider
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40% 16 |
Gizmodo
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12% 7 |
Android Authority
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5% 1 |
Eurogamer.net
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5% 24 |
CNET
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4% 1 |
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07.10.2024 12:31
Last update: 12:26 EDT.
News rating updated: 19:21.
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