This story originally appeared in The Algorithm, our weekly newsletter on AI. To get stories like this in your inbox first, sign up here. A few months before he was awarded the Nobel Prize in economics in 2024, Daron Acemoglu published a paper that earned him few fans in Silicon Valley. Contrary to what Big Tech…
Before OpenAI released GPT-5 last Thursday, CEO Sam Altman said its capabilities made him feel “useless relative to the AI.” He said working on it carries a weight he imagines the developers of the atom bomb must have felt. As tech giants converge on models that do more or less the same thing, OpenAI’s new…
Pronto has raised $11 million in an all-equity Series A round co-led by General Catalyst and Glade Brook Capital at a post-money valuation of $45 million.
Most organizations say they aren’t fully prepared to use generative AI in a safe and responsible way, according to a recent McKinsey report. One concern is explainability – understanding how and why AI makes certain decisions. While 40% of respondents view it as a significant risk, only 17% are actively addressing it, per the report. […]
This marks the first investment for Slow’s $60 million Creator Fund since its launch in February. The fund looks to help creators launch businesses, under the belief that what made them successful influencers is what can also make them a good founder.
Experts tell Entrepreneur that rates could drop in late 2026, though pandemic-period rates below 3% will most likely never happen again in our lifetimes.