Times Internet spin-out Abound raises $14M to let more Indian Americans send money home
Abound, a go-to remittance app that was spun off by India’s Times Internet, has raised $14 million in a seed round.
5 Simple Productivity Hacks You’ll Wish You Knew Sooner
Success isn’t just about managing teams — it’s about managing yourself first. These five leadership habits will sharpen your focus, improve decision-making and boost productivity to help you stay ahead.
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NHS vendor Advanced to pay £3M fine following 2022 ransomware attack
NHS vendor Advanced will pay just over £3 million ($3.8 million) in fines for not implementing basic security measures before it suffered a ransomware attack in 2022, the U.K.’s data protection regulator has confirmed. It’s half the fine that the Information Commissioner’s Office had initially sought in August 2024, when the data watchdog said it […]
OpenAI will reportedly close its SoftBank-led $40 billion round soon
While you’re busy Ghibli-fying your images with ChatGPT’s new image-generation capabilities, OpenAI is out raising a ton more cash. The company is close to finalizing a new $40 billion funding round led by SoftBank, according to a report from Bloomberg. The report noted that other funds, including the hedge fund Magnetar Capital, Coatue Management, Founders […]
OpenAI’s viral Studio Ghibli moment highlights AI copyright concerns
It’s only been a day since ChatGPT’s new AI image generator went live, and social media feeds are already flooded with AI-generated memes in the style of Studio Ghibli, the cult-favorite Japanese animation studio behind blockbuster films such as “My Neighbor Totoro” and “Spirited Away”. In the last 24 hours, we’ve seen AI-generated images representing […]
Nvidia is reportedly in talks to acquire Lepton AI
Nvidia is looking to get into the server rental market. The semiconductor giant is reportedly nearing a deal to acquire Lepton AI, a company that rents out servers that are powered by Nvidia’s AI chips, according to The Information. The deal is reportedly worth several hundred million dollars, according to The Information, which cited unnamed […]
How a Love of Chess Led the CEO of Google’s DeepMind to a Career in AI — and a Nobel Prize
Before he was a Nobel Prize winner, Demis Hassabis was a chess prodigy.
ChatGPT’s new AI image feature is delayed for free users
OpenAI CEO Sam Altman announced on Wednesday that the rollout of ChatGPT’s viral new AI image features to free users would be delayed, citing significantly higher demand than the company expected. “Images in ChatGPT are wayyyy more popular than we expected (and we had pretty high expectations),” Altman said in a post on X on […]
UnitedHealth removes mentions of DEI from its website
The health insurance giant is the latest to remove references to diversity, equity and inclusion policies amid mounting pressure from the Trump administration.
Island lands $250M in funding at a $4.8B valuation
Enterprise browser startup Island just raised a sizable funding round — one that bumps up its valuation significantly, and less than one year after its last fundraise. Dallas-based Island raised $250 million in a Series E round led by Coatue that valued the company at $4.85 billion, the startup announced today. This brings the company’s […]
The Lumon Terminal Pro computer pops up on Apple’s website
The Lumon Terminal Pro — the computer used in Apple TV’s hit series “Severance” — has appeared on Apple’s retail website. When shopping Apple.com, you’ll see the new device, adorned with a red “New” label, when you click to view the available Mac computers Apple has for sale from the top-level navigation. But sorry, “Severance” […]