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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A YouTube creator filed a complaint on Friday alleging that OpenAI transcribed his and other creatorsâ videos to train the large language models that power its generative AI products and its AI chatbot ChatGPT, without creatorsâ permission or without compensating them. David Millette, a YouTube ... Read more âș
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A federal judge ruled on Monday that Google had acted illegally to maintain a monopoly in search and text-based advertising in search results, marking a major victory for the U.S. Department of Justice. The ruling by Amit Mehta of the U.S. District Court for the District of Columbia took aim at ... Read more âș
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TikTok agreed to permanently withdraw the rewards offering of its standalone TikTok Lite app in order to comply with the European Unionâs Digital Services Act. The European Commission expressed concerns about the new appâs âTask and Reward Program,â which offered points that could be redeemed ... Read more âș
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Groq, an Nvidia challenger that develops chips specialized for running large language models, raised $640 million in Series D funding at a valuation of $2.8 billion, the company announced on Monday. Funds managed by BlackRock through its Private Equity Partners team led the fundraising, with ... Read more âș
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Morgan Stanley on Friday told its roughly 15,000 financial advisers that they are allowed to pitch wealthy clients on investing in two bitcoin exchange-traded funds starting next Wednesday, according to a person familiar with the policy. The two funds are BlackRockâs iShares Bitcoin Trust ... Read more âș
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Thrive Capital, the New York-based venture capital firm led by Josh Kushner, has raised $5 billion across two new funds, its largest haul yet, The Wall Street Journal earlier reported. Thriveâs portfolio includes large stakes in Stripe and OpenAI. Recently, the firm made an investment ... Read more âș
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Google may have just paid one of the biggest signing bonuses in the history of Silicon Valley to hire two artificial intelligence researchers who left the search giant three years ago. On Friday, after chatbot developer Character announced that its founders and some other employees were going back to Google, Character told its roughly 130 employees that Google would pay a licensing fee (ostensibly for Characterâs technology) that effectively valued... Read more âș
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Carta, which makes software to help companies keep track of their shareholders, seemed to be executing the Silicon Valley startup playbook perfectly. In 2022, it landed an $8 billion valuation from the likes of Andreessen Horowitz and Silver Lake. Growth in annual recurring revenue hummed to 44% that year. Then the tides turned. Cartaâs ARR grew by only 19% annually at the end of last year, to $380 million, according... Read more âș
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Nvidia shares plunged as much as 9% in pre-market trading early Monday morning, after The Information reported that the companyâs upcoming artificial intelligence chips are facing production delays by at least three months due to design flaws. As of market close on Friday, Nvidiaâs share price ... Read more âș
0
Welcome, Weekenders! In this newsletter:âą The Big Read: Will BlackSky be a space race standoutâor another cautionary tale?âą The Top 5: Techies love at-home blood tests.Plus: A digital mood board; mom versus Big Brother; and Terry Gilliamâs time arrives again.We live in an age in which artificial intelligence has already altered our lives and continues to do so. Yet as this period goes on, Iâm more and more convinced all... Read more âș
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After the initial onslaught of Covid-19, 40-year-old Derrick Johnson made a deliberate decision to be more intentional regarding his health. âBoth my mother and my father passed earlyâfrom lung cancer and a heart attackâand thereâs been various cancer deaths in my family,â he said. âI really wanted to become more analytical around what health looks like and understand myself more holistically.â Johnson, co-founder and CEO of Encounter AI, was drawn... Read more âș
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Nvidiaâs upcoming artificial intelligence chips will be delayed by three months or more due to design flaws, a snafu that could affect customers such as Meta Platforms, Google and Microsoft that have collectively ordered tens of billions of dollars worth of the chips, according to two people who help produce the chip and server hardware for it. Nvidia this week told Microsoft, one of its biggest customers, and another large... Read more âș
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Anyone involved in artificial intelligence right now has to be entering the weekend deeply introspective about when this technology will actually start making businesses money. One by one, big tech companies have spent most of the past two weeks telling shareholders about their mammoth investments in AI that sent capital expenditures skyrocketing. Microsoft and Amazon each grew capex more than 50% in the calendar second quarter compared with one year... Read more âș
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Former President Donald Trump said in an interview with Fox Business that Meta Platforms CEO Mark Zuckerberg called him after the former president survived an assassination attempt in July. Trump said Zuckerberg told him he would not support a Democrat because he ârespectedâ Trump for his ... Read more âș
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Elliott Management, a hedge fund based in Florida, said that Nvidia and other megacap technology stocks were in âbubble land,â according to a letter viewed by the Financial Times. The firm told its investors it is doubtful that technology companies will continue purchasing large quantities of ... Read more âș
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Former President Donald Trump said Mark Zuckerberg had apologized to him over a snafu with Meta Platformsâ AI chatbot, which briefly said Trump hadnât recently survived an assassination attempt. In an interview with Fox Business this week, Trump pulled Zuckerberg further into politics, saying ... Read more âș
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Morgan Stanley on Friday told its roughly 15,000 financial advisers that they are allowed to pitch wealthy clients on investing in two bitcoin exchange-traded funds starting next Wednesday, CNBC reported, citing people with knowledge of the policy. The two funds are BlackRockâs iShares ... Read more âș
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The Justice Department sued TikTok and ByteDance on Friday for allegedly violating childrenâs privacy by collecting extensive data on kids under the age of 13 and failing to comply with parentsâ requests to delete such data. The complaint, which was filed in a California District court, alleges ... Read more âș
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Google has agreed to pay a licensing fee to chatbot maker Character.AI for its models and will hire its cofounders and many of its researchers, Characterâs leaders told staff on Friday. The leaders told Character staff that investors would be bought out at a valuation of about $88 per share, the leaders said in a meeting. Thatâs about 2.5 times the value of shares in Characterâs 2023 Series A, which... Read more âș
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Stop whatever youâre doing and look up at the sky. Now give Brian OâToole, CEO of BlackSky Technology, a big smile. One of his companyâs 16 state-of-the-art satellites might be passing overhead, ready to take your picture. âThe plain-English thing about what we do is we have a satellite flying over your house every hour,â said OâToole. Take a little comfort: Those satellites donât actually have sharp enough vision to... Read more âș
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27.03.2026 15:54
Last update: 15:46 EDT.
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