OpenAI is reportedly preparing for a massive new funding round, aiming to raise up to $30 billion at an eye-watering $1.25 trillion valuation. This monumental financial push comes as the artificial intelligence pioneer aggressively positions itself ahead of a highly anticipated initial public offering. The staggering valuation underscores the relentless investor demand and explosive market growth surrounding generative AI technologies. Securing this capital would further solidify OpenAI's dominance in the sector while funding its ever-expanding computing and research infrastructure.
Concerns have swirled over the access that consumers are increasingly entrusting to AI agents. Now, security services are trying to catch up. Password manager 1Password on Thursday launched a new tool by which users can allow agents to log into…
OpenAI made its Decisions API model widely available to users for the first time, entering the market for fast, cheap intelligence that recently made TypeSafe, a startup founded by a former researcher at the frontier lab, a $7.6 billion company.…
Design platform Canva released its first image generation model, called Canva Craft, developed by its research team to compete with same-category models from Google, OpenAI, ByteDance, and Meta. The company said its model works in two stages. In the first…
Microsoft’s AI diagnostic system correctly diagnosed complex medical cases in a simulation more than twice as often as generalist physicians, according to a study published Thursday in Science. Mustafa Suleyman, Microsoft AI’s CEO, called the result a step toward “medical…
The bad week for cybersecurity just got worse for thousands more companies, who were spied on by Chinese hackers following the breach of IT management and remote access giant ConnectWise. Security researchers at Microsoft say the China state-aligned hackers broke…
Uber and OpenAI announced an expansion of their partnership on Thursday, with the ride-share giant telling TechCrunch that its entire global workforce — some 30,000 people — will now be using ChatGPT Work. ChatGPT Work was introduced in July as…
Spotify had a strong third quarter, reaching 788 million monthly active users and generating nearly €5 billion (around $5.6 billion USD) in revenue. But the more interesting takeaway from its earnings call was how the company sees people listening to…
The AI world is flooded with personal and productivity-based assistants, with new ones launching every week. Now, Anthropic is entering this battle in the hopes of gaining user attention with a new app called Claude Duet, aimed at rivaling Meta…
Ambient AI is having a moment. Amazon launched a new wrist-worn device with Bee; a former Plaud exec launched ambient apps through a startup called Ambi, which aims to also build its own hardware; and Apple launched Voice Intelligence features…