OpenAI raises $110B in one of the largest private funding rounds in history
The new funding consists of a $50 billion investment from Amazon as well as $30 billion each from Nvidia and SoftBank, against a $730 billion valuation.
A married founder duo’s company, 14.ai, is replacing customer support teams at startups
14.ai also launched a consumer brand to understand how much AI can handle customer support tasks.
Others
South Korea opens the door to let Google Maps operate fully
After years of appeals, Google has finally won approval to export high-precision geographic information out of South Korea and provide proper Google Maps services in the country, including walking and real-time driving directions.
This Is the Mindset Shift You Need to Switch From Founder to CEO — and Scale Faster
Building a company from scratch is one thing, but leading it into the future takes an all-new mindset.
Ultrahuman bets on redesigned smart ring to win back U.S. market after Oura dispute
Ultrahuman’s Ring Pro promises 15-day battery life and a $479 price tag as the wearables maker expands its health-tech push.
Plaid valued at $8B in employee share sale
The new valuation is a 31% increase from $6.1 billion Plaid reached in April.
Netflix backs out of bid for Warner Bros. Discovery, giving studios, HBO, and CNN to Ellison-owned Paramount
In a one-two punch of centibillion-dollar offers, the bidding war for Warner Bros. Discovery is over. David Ellison-owned Paramount will acquire Warner Bros. Discovery. Netflix has lost.
Netflix backs out of bid for Warner Bros. Discovery, giving studios, HBO, and CNN to Ellison-owned Paramount
In a one-two punch of centibillion-dollar offers, the bidding war for Warner Bros. Discovery is over. David Ellison-owned Paramount will acquire Warner Bros. Discovery. Netflix has lost.
Jack Dorsey just halved the size of Block’s employee base — and he says your company is next
Jack Dorsey has long been an open admirer of Elon Musk. Now, it seems, he may have been taking notes.
Anthropic CEO stands firm as Pentagon deadline looms
Anthropic CEO Dario Amodei said Thursday that he “cannot in good conscience accede” to the Pentagon’s demands to give the military unrestricted access to its AI systems.
PayPal might not be looking to sell itself, report
PayPal may not be in talks to be acquired, sources have told Semafor, after a previous news report that Stripe was sniffing around.