As OpenAI prepares to open up ad sales to more marketers next month, it is trying to address what some advertisers say was lacking in the initial ad sales offering. Among other things, the ChatGPT creator is planning to streamline the process of ad buying, either in partnerships with ad tech firms or with its own ad management system. So far, advertisers that bought the first ad campaigns on ChatGPT... Read more âș
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Google on Thursday launched advertisements next to new conversational answers that appear in its search engine, a long-awaited move as it changes the look of its biggest moneymaker in response to rising search competition from OpenAIâs ChatGPT. For now, Google is selling the ad space within the ... Read more âș
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Amazon plans to hire 250,000 workers for its U.S. fulfillment and transportation operations this holiday season, the company said Thursday. Thatâs the same hiring figure Amazon announced for last yearâs holiday season. Amazonâs e-commerce business has been growing more slowly than during the ... Read more âș
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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 billionâon par with publicly traded firms like Siemens, Goldman Sachs and... Read more âș
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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 Teslaâs next battery line, known as the 4680 because... Read more âș
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A federal court in California blocked a new state law that would prohibit some artificial intelligence-generated digital replicas of political candidates on Wednesday. U.S. District Court Judge John Mendez ruled that the law is unconstitutional because it âdoes not use the least restrictive ... Read more âș
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CRV, a 54-year-old firm known for early bets on Ring, DoorDash and Twitter, says itâs planning to return $275 million of a $500 million fund, raised two years ago, focused on later stage startups. It made the decision after struggling to find enough investments in these companies at the ... Read more âș
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Sam Altman should organize a celebration dinner for the men behind the largest venture capital funding round ever. Iâd love to overhear SoftBankâs Masayoshi Son give advice to Thriveâs Joshua Kushner on how to avoid giving too much money to charismatic tech founders. Imagine seeing Nvidiaâs Jensen Huang and Microsoftâs Satya Nadella fight over the dinner check to thank Altman for creating the product that boosted their own companiesâ fortunes.... Read more âș
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Thereâs been a lot of chatter in the tech industry lately about smart glasses. Meta Platforms announced a string of updates to its Ray-Ban smart glasses at the companyâs Connect conference in September. And this week, I reported Google had approached partner Samsung about developing AI-powered smart glasses. (You can read the story here.)If Google proceeds with those plans, it might borrow a page from Metaâs strategy of making these... Read more âș
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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 âramp up a little bit moreâ next year. ... Read more âș
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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 âș
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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 peopleâs mental health or increase other safety risks. The newly passed Digital Services Act, which ... Read more âș
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OpenAI has completed a $6.6 billion fundraise that values the ChatGPT developer at $157Â 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 âș
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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. Itâs one of a handful of generative AI startups, including ... Read more âș
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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 âmeans that we have the ability to offer a tender event to give qualifying employees a liquidity option,â ... Read more âș
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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 âș
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Before we get to OpenAIâs 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.Itâs not clear yet... Read more âș
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At Square, Sarah Friar was the grownup who helped bring the fintechâs otherworldly CEO, Jack Dorsey, down to earth for investors. Now she has a shot at doing something similar for Sam Altmanâs OpenAIâif 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 âdead simpleâ compared to... Read more âș
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Snap likes to cast its Snapchat app as âan antidote to social media.â Unlike its rival social media apps, Snapchat was âdesigned to be safeâ for kids, the company claims. But designing something to be safe and actually making it safe arenât 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 âș
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The internet didnât hold back in mocking OpenAI and SoftBank in response to my scoop on SoftBankâs Vision Fund investing $500 million at a $150 billion pre-investment valuation in the ChatGPT developer. The commentators quickly interpreted the Japanese telecom giantâs participation in the financing as a sign that the artificial intelligence market is peaking.Itâs become clear that the investment firms keen to support OpenAIâs mega-financing are the same ones that... Read more âș
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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 âș
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24.03.2026 21:47
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