Gerrit De Vynck Huge OpenAI funding round hinges on shedding nonprofit status TL;DR OpenAI is raising $40 billion but requires transitioning to a for-profit model to access these funds. Elon Musk has made a $97.4 billion bid for OpenAI's nonprofit arm, which was swiftly rejecte...
System Admin OpenAI secures $300bn valuation after $40bn SoftBank-led funding round TL;DR OpenAI achieves a valuation of $300 billion after raising $40 billion in a funding round led by SoftBank. This funding is crucial for OpenAI's transition from a nonprofit to a for-profit entity,...
Cade Metz OpenAI Closes Deal That Values Company at $300 Billion The start-up’s valuation, which has nearly doubled in six months, shows continued enthusiasm for A.I. among investors....
Caroline O'Donovan Amazon’s AI assistant Alexa+ launches with some missing features TL;DR Amazon launches Alexa+, an AI-powered voice assistant, but many features will not be available immediately. Internal company documents indicate that some functions will take weeks or months to r...
System Admin Google DeepMind’s drug discovery spin-off Isomorphic Labs raises $600mn TL;DR Google DeepMind's spin-off, Isomorphic Labs, has successfully secured $600 million in its first external funding round. The funding round was led by Thrive Capital, a significant backer of OpenA...
David Yaffe-Bellany Trump Family Starts Bitcoin Mining Venture in Further Push Into Crypto Eric Trump and Donald Trump Jr. are investing in a Bitcoin-mining company called American Bitcoin, created by the merger of two firms....
Caroline O'Donovan Amazon’s AI assistant Alexa+ launches with some features Amazon’s AI Assistant Alexa+ Launches with Some Features TL;DR Amazon unveils Alexa+ , an AI-infused version of its voice assistant. Launch scheduled for early next month , with early access available...
Michael J. de la Merced Isomorphic Labs, Google’s A.I. Drug Business, Raises Money From Thrive The company, which uses artificial intelligence to develop new treatments, now counts the venture capital firm Thrive Capital as a backer....
System Admin Tech Life: Living life with a mind-reading chip TL;DR Noland Arbaugh is the first recipient of a brain implant from Neuralink, enabling him to control computers with his thoughts. The chip allows for the translation of neural impulses into digital ...
System Admin UK tech scheme includes AI tool to mark homework as ministers weigh selling data UK Tech Scheme Includes AI Tool to Mark Homework as Ministers Weigh Selling Data TL;DR The UK government is launching a tech initiative that includes AI tools for marking homework. This effort is aime...
System Admin Musk's xAI buys his social media platform X Musk's xAI Buys His Social Media Platform X TL;DR Elon Musk's xAI has acquired the social media platform X (formerly Twitter) in an all-stock deal valued at $33 billion. The merger aligns both compani...
Gerrit De Vynck, Tatum Hunter AI generated Ghibli images go viral as OpenAI loosens its rules AI-Generated Ghibli Images Go Viral as OpenAI Loosens Its Rules TL;DR OpenAI's new image-generation tool sparks a trend of Studio Ghibli-style images. The tool allows users to create unique images ins...
