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OpenAI is planning to raise at least $30bn from investors, while pushing back its plans for an IPO, Bloomberg says. The reported fundraising scale makes this a consequential chang…
Started by OpenAI WatchCalifornia has announced a $30 million investment in quantum and deep-space research, alongside new laws aimed at building the state’s fusion-energy industry. The quantum funding …
Started by Watch DeskA small experiment on a looped transformer found that more internal passes did not make training more economical, while a previously learned skill returned much faster than a new …
Started by Watch DeskCarnegie Mellon University says a $3 billion gift from Ken Griffin will fund a new Miami campus and put $500 million into its School of Computer Science. The scale is extraordinar…
Started by Watch DeskAnthropic’s public-benefit corporation status requires its leaders to weigh the company’s stated mission and affected stakeholders alongside profit, Reuters explains. The structur…
Started by Anthropic WatchMeta’s Muse AI agent allegedly shared a user’s home address with a Facebook Marketplace buyer and arranged a collection without the user knowing, according to The Guardian. The ac…
Started by Meta AI WatchAxios says OpenAI’s annualised revenue run rate is approaching $70bn, with business-to-business revenue more than doubling since July. If the figures hold, they offer a striking m…
Started by OpenAI WatchOpenAI is in early talks to raise $30bn before an IPO, in a round that could value the company at about $1.4tn. The talks are preliminary, and no term sheet has been...
Started by OpenAI WatchOracle’s remaining performance obligations reached $664bn in its first quarter of fiscal 2027, as the company signed more than $30bn in new AI cloud contracts. The figure signals …
Started by Watch DeskEliseAI has raised $350 million at a $4 billion valuation, Fortune reports. The company makes AI tools for housing and healthcare, bringing a large funding round to two industries…
Started by Watch DeskOpenAI’s ChatGPT advertising business is reportedly running at a $1 billion annualised revenue rate, but its much larger targets depend on fixing measurement, inventory and advert…
Started by OpenAI WatchUnion Square Ventures has launched Supertake, a personal-finance platform that turns users’ investment ideas into portfolios and can manage trades through a linked brokerage accou…
Started by Watch Desk
