OpenAI Secures $40 Billion in Funding at $300 Billion Valuation
OpenAI has successfully raised $40 billion in a private funding round, placing the company at a post-money valuation…
Fashion Startup CaaStle Faces Financial Turmoil
CaaStle, a startup that initially launched in 2011 as a plus-sized clothing subscription service before transitioning in 2018…
Amazon Introduces Nova Act: A New AI Agent for Web Automation
Amazon has unveiled Nova Act, a general-purpose AI agent designed to control web browsers and perform independent actions.…
Runway Unveils Gen-4: A Game-Changing AI Video Generator
8AI startup Runway has introduced its latest AI-powered video generator, Gen-4, claiming it to be the most high-fidelity…
OpenAI Announces Plans for Its First Open-Weight Language Model
OpenAI has announced its intention to release its first “open” language model since GPT-2 “in the coming months.”…
Fintech Veteran Frank Rotman Leaves QED Investors to Launch Music & Startup Ventures
Frank Rotman, co-founder of QED Investors, announced Friday that he will transition into a partner emeritus role by…
OpenAI Eases ChatGPT’s Image Moderation Rules Amidst AI Ethics Debate
This week, OpenAI launched a powerful new image generator within ChatGPT, which has gone viral for producing Studio…
Mark Zuckerberg Reflects on Watching ‘The Social Network’ with Facebook Employees
Mark Zuckerberg may not be the most popular figure in Silicon Valley, but he can relate to how…
Trump Pardons Nikola Founder Trevor Milton Amid Bankruptcy Scandal
Trevor Milton, the founder of Nikola—the once-promising hydrogen trucking startup that has since filed for bankruptcy—has been pardoned…
Willow Acquires Elvie’s Assets as UK Femtech Pioneer Faces Bankruptcy
Women’s health technology, often referred to as Femtech, has been a booming sector in recent years, with startups…