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 āŗ
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Venture capital firm Andreessen Horowitz plans to open an outpost in Japan, its second international office, Nikkei Asia reports. The Menlo Park-based firm opened an office in London last yearĀ led by its general partner Sriram Krishnan. The Japan office will be used for fundraising efforts ... Read more āŗ
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Venture capitalist Ben Horowitz accused Mike Moritz, the former leader of Sequoia Capital, of using news outlet the San Francisco Standard to attack him and his wife Felicia Horowitz. āSir Michael Moritz is now having his fake disinformation ānewspaperā fabricate hit pieces on his business ... Read more āŗ
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These are dark days for big TV companies. Paramount Global, owner of CBS, began laying off 15% of its staff this week. The share price of Warner Bros. Discovery has fallen so far down the toilet that a plumber would have trouble spotting it. Disney stock has lost most of the ground it gained during an activist fight for board seats this past winter.Whatās dragging all these companies down is... Read more āŗ
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San Francisco City Attorney David Chiu has sued 16 websites around the world for creating and distributing non-consensual pornography generated by artificial intelligence. People have used these deep fakes of private citizens to extort, threaten and humiliate women and girls, officials said. The ... Read more āŗ
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Wall Street is finding its way into the deluge of artificial intelligence deals as more AI founders enlist banks to help with fundraising.One of the latest is Lambda Labs. The startup, which rents out servers of Nvidia chips, is working with JPMorgan Chase on its latest fundraising, which is targeting $800 million, according to a person pitched on the deal.Ā Canadian model developer Cohere also worked with JPMorgan, as well... Read more āŗ
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Weāve got a trio of creator economy scoops for you today, so letās get right to it.Ā Creator+, a startup producing and streaming films for creators, has been acquired by Petra Media, a film production company that previously invested in the startup, according to a person familiar with the deal.Ā The terms of its sale couldnāt be learned. Creator+ last raised $12 million at a $45 million valuation in 2021,... Read more āŗ
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Media mogul Edgar Bronfman Jr. is preparing to make a bid for Paramount Global and its parent company National Amusements, according to multiple media reports. The executive, who formerly ran Warner Music, is seeking to put together a disparate group of investors for the bid including Fortress ... Read more āŗ
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Disney has hired Adam Smith, a longtime Google and YouTube executive, as its new Chief Product and Technology Officer, overseeing both Disneyās entertainment division and ESPN. Smith will be responsible for tech development and strategy for Disneyās streaming services, advertising technology and ... Read more āŗ
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SoftBank talked to Intel about producing artificial intelligence chips, but the talks broke down because the U.S. chip giant did not meet SoftBankās demands, according to a report in The Financial Times. SoftBank wanted to use Intelās chip manufacturing unit, Intel Foundry, to manufacture AI ... Read more āŗ
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Over the past several months, Character.AI seemed to talk to every big tech company about some sort of partnership or acquisition. In the end, its cofounders, Noam Shazeer and Daniel De Freitas, and some researchers landed at Google.Ā But Character had another previously unmentioned suitor: OpenAI.Ā Read more āŗ
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Alibaba Groupās net profit fell 27% in the quarter through June, as revenue from its commerce operations for consumers in China declined. The e-commerce giant, whose marketplaces charge sellers for marketing and other services,Ā saidĀ revenue from its āChina commerce ... Read more āŗ
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The ad industryās annual Cannes Lions festival in June is an occasion for the entire media and ad industry to gather together at parties, on yachts, at beach clubs and in private cliffside villas. Outsiders may wonder whether any real work gets done, which seemed to be a question Netflixās new ad president, Amy Reinhardāa newcomer to the ad industryāhad when she attended this past June. At one point during... Read more āŗ
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Meta Platforms has shut down CrowdTangle, its social media analysis tool that researchers and journalists used to track engagement with trending posts, according to a Wednesday blog post. The tool had become a source of tension within the company after journalists used it to point out that some ... Read more āŗ
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Who says investors donāt care about Googleās antitrust woes? The stock dropped as much as 3.9% on Wednesday in the wake of reports that the government might seek āa breakupā of the company as the penalty for last weekās antitrust verdict, most likely through the forced divestiture of Android or Chrome.Those reports shouldnāt have been surprising: in a report last Friday, we cited antitrust lawyers predicting that the government would... Read more āŗ
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Elon Muskās AI company xAI released its latest language model, Grok-2, to paying users of X, the social media platform. Users took advantage of the modelās permissive content filter to share images of politicians and copyrighted characters in sexually explicit or violent situations, which many ... Read more āŗ
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Former Google CEO Eric Schmidt recanted his comments that Googleās work-life balance and remote work policy put the company behind rivals like OpenAI, after video of the remarks went viral. Schmidt told The Wall Street Journal that he āmisspoke.ā Schmidt had originally told a Stanford University ... Read more āŗ
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Cisco will lay off 7% of its workforce in the coming months, the company said on Wednesday, as it reported a decline in sales. The company said it will spend roughly $1 billion on severance as it lays off employees. Cisco didnāt disclose which parts of its business would be most affected, but ... Read more āŗ
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I spent Wednesday at the White Houseās first Creator Economy Conference, which gathered 100 people including social media influencers, talent managers and startup founders and featured a surprise appearance from President Joe Biden.Ā Biden spoke for about 30 minutes, cracking several jokes about his age and quipping that he invited creators to the White House because heās ālooking for a job.āĀ Read more āŗ
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Radical Ventures, an artificial intelligence-focused venture capital firm, has raised almost $800 million for a new fund, according to Bloomberg, which first reported the news. Radical Ventures was an early backer of model maker Cohere, recently valued at $5.5 billion. Radicalās new fund will ... Read more āŗ
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Human resources software firm Rippling raised $200 million from investors in April with a pitch that its ability to help companies manage employee data could also help them manage their computers, payroll and corporate credit cards. CEO Parker Conrad hopes to appeal to businesses that want to deal with fewer software systems. Rippling also is expanding internationally, most notably in India, where it recently hired Mrinal Chatterjee, a veteran of... Read more āŗ
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27.03.2026 09:52
Last update: 09:46 EDT.
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