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OpenAI valued at $1.25 trillion, as rival Anthropic nears its IPO

The Verge Article posted: 1h 24m ago 12 views

OpenAI is now valued at $1.25 trillion in a new round of funding that has raised another $11 billion, according to Bloomberg. That would make it one of the world's most valuable companies, not long after raising $122 billion from investors in March at a valuation of $852 billion. Echoing FT and Wall Street Journal […]

WHY IT MATTERS Shapes where the industry and innovation head next.

OpenAI reportedly raises an additional $11 billion at a $1.25 trillion valuation

TechCrunch Article posted: 2h 17m ago 20 views
Story Summary

OpenAI has reportedly raised an additional $11 billion as part of a funding round that hasn't closed yet but is expected to in the coming weeks.

Why it matters: Shapes where the industry and innovation head next.

Elon Musk appears to signal the end of the road for Cybertruck

BBC Multi-source Article posted: 3h 21m ago 65 views
Story Summary

Musk said it was to make room for production of its Cybercabs - autonomous taxis without a driver.

Why it matters: Shapes where the industry and innovation head next.

How to be unemployed: Glenn Kelman on life after Redfin

GeekWire Article posted: 4h 23m ago 20 views
Story Summary

Glenn Kelman, who led Redfin as CEO for 20 years, writes about the 10 months of unemployment that came before co-founding a new AI-native company. He considered becoming a high school teacher, a bagel shopkeeper and a state legislative candidate, and used AI to test ideas with potential co-founders. Read More

Why it matters: Shapes where the industry and innovation head next.

US tech stock rout: is the AI bubble bursting?

Guardian Article posted: 9h 01m ago 6 views
Story Summary

After Thursday’s share price plunge on Wall Street, could the volatility be the start of a huge market meltdown? Global financial markets have been thrown into a tailspin as investors bet on an AI slowdown after the US midterm elections. This is not the first time stock markets have wobbled in recent months due to concerns over a tech bubble. But could this…

Why it matters: AI progress resets what products and jobs look like.

The Download: a humanoid cleans house and Samsung builds for the AI boom

MIT Technology Review Article posted: 12h 00m ago 13 views
Story Summary

This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. I watched a humanoid robot clean my apartment. It felt like a taste of the future. —Grace Huckins When I saw an X post about a new humanoid-robot cleaning service in…

Why it matters: AI progress resets what products and jobs look like.

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