Norway’s sovereign wealth fund plans to vote against Tesla’s proposed $1 trillion CEO compensation package for Elon Musk, the fund said on Tuesday. Norges Bank said in a disclosure that it was “concerned about the total size of the award, dilution, and lack of mitigation of key person risk.” The ... Read more ›
81
Amazon plans to increase the number of ads it shows to viewers on Prime Video next year, according to the Financial Times. In an interview with the outlet, Kelly Day, vice president of Prime Video International, said the number of ads on Prime Video will “ramp up a little bit more” next year. ... Read more ›
0
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 ›
19
The European Commission on Wednesday asked YouTube, Snapchat and TikTok to provide information about how their apps recommend content to people and how those algorithmic decisions might impact people’s mental health or increase other safety risks. The newly passed Digital Services Act, which ... Read more ›
0
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 ›
14
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 ›
2
OpenAI told employees Wednesday it plans to allow them to sell some of their stakes in the startup through a tender offer, following its $6.6 billion fundraising haul. The funding round “means that we have the ability to offer a tender event to give qualifying employees a liquidity option,” ... Read more ›
0
The U.S. Federal Trade Commission can move forward with its antitrust claims against Amazon, a judge ruled this week, according to a person who has seen the sealed court decision. But the judge dismissed some claims brought by state attorneys general relating to alleged state law violations, the ... Read more ›
0
Before we get to OpenAI’s new products for customers of its artificial intelligence models, we wanted to flag the plans of Barret Zoph, one of three key technical leaders who unexpectedly resigned last week.Zoph previously led the OpenAI team responsible for preparing AI models for release, known as post-training, and has told people that he plans to start a new company, my colleagues Erin and Jon reported.It’s not clear yet... Read more ›
0
At Square, Sarah Friar was the grownup who helped bring the fintech’s otherworldly CEO, Jack Dorsey, down to earth for investors. Now she has a shot at doing something similar for Sam Altman’s OpenAI—if she can last long term at the chaotic artificial intelligence startup. Since arriving at OpenAI as chief financial officer in June, Friar has polished a management presentation for investors to make it “dead simple” compared to... Read more ›
0
Snap likes to cast its Snapchat app as “an antidote to social media.” Unlike its rival social media apps, Snapchat was “designed to be safe” for kids, the company claims. But designing something to be safe and actually making it safe aren’t the same things.How Snap has fallen short on this front became clear from an unredacted version of a complaint against the company filed today by the New Mexico... Read more ›
0
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 ›
1
About 12 years ago, YouTube started sending out physical awards when creators hit certain subscriber milestones. Those silver and gold plaques, known as Play Buttons, have become coveted status symbols for YouTubers and a welcome recognition of their hard work. But as YouTube leaders bring a new focus on financial discipline, the video-sharing site has reduced the size of the plaques, it recently announced on a support page. For example,... Read more ›
0
Barret Zoph, a key OpenAI leader who announced his departure last week alongside CTO Mira Murati and Chief Research Officer Bob McGrew, has said he plans to launch a new company, according to a person who spoke with Zoph. It’s unclear what artificial intelligence Zoph may develop or if he will ... Read more ›
0
Earlier this year, Google staffers began pitching their counterparts at Samsung—a longtime Google hardware partner—on an idea for a new collaboration between the companies: high-tech glasses. At the time, another big tech company, Meta Platforms, was starting to see success from its own Ray-Ban smart glasses, which allowed people to record video and listen to music. The artificial intelligence boom had sparked even more excitement about the category, with Meta... Read more ›
0
Microsoft is adding new features to its consumer-focused artificial intelligence Copilot app, including a “voice” mode that lets people talk to the chatbot, which can respond out loud, and a “vision” mode that lets the chatbot see what’s happening on a user’s screen and answer questions about ... Read more ›
0
A federal judge dismissed part of the U.S. Federal Trade Commission’s broad antitrust suit against Amazon, according to a late Monday court filing. It was not clear which parts of the suit, which alleges a wide range of anticompetitive conduct, had been dismissed. Amazon and the FTC have until ... Read more ›
0
Before we get to today’s newsletter, just a reminder that OpenAI will be holding its Dev Day event in San Francisco today. (This is just one of three developer-focused events the ChatGPT maker is hosting over the next two months, compared to the one-and-done approach from last year.)For those hoping for GPT-5, don’t hold your breath. Romain Huet, OpenAI’s head of developer experience, said on X a few days ago... Read more ›
0
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 ›
24
SoftBank’s Vision Fund has agreed to invest $500 million in OpenAI’s latest funding round, which values the developer of ChatGPT at $150 billion before the investment, The Information reported Monday. The deal would represent SoftBank’s first investment in OpenAI and its largest bet on ... Read more ›
0
If you’re like me, you’re getting political fundraising text messages roughly every 15 minutes these days. But political candidates aren’t the only people raising money aggressively right now. There are also AI startup executives, most obviously the folks at OpenAI. Today we scooped the news that SoftBank is putting $500 million into OpenAI as part of a fundraising which is expected to raise $6.5 billion at a $150 billion valuation.... Read more ›
0
Most popular sources
Business Insider
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22% 4 |
Tom's Hardware
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10% 3 |
Wired
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9% 3 |
Mashable
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8% 5 |
The Verge
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6% 7 |
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14.11.2025 09:19
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