OpenAI on Monday announced that it closed one of the largest private funding rounds in history. According to a blog post on the company’s website, OpenAI raised $40 billion in a round that values the company at $300 billion post-money. SoftBank led the financing, CNBC reported. Other participants included Microsoft, Coatue, Altimeter, and Thrive, all […]

CaaStle, a startup that launched in 2011 as a plus-sized clothing subscription service and in 2018 became an inventory monetization platform for clothing retailers, is facing financial difficulties, reports Axios. The company is almost out of money, CEO Christine Hunsicker has resigned, and law enforcement is investigating alleged financial misconduct, Axios reported, citing a leaked […]

Construct Capital, an early-stage venture capital firm that invests in startups applying technology to sectors like manufacturing, transportation, and defense, has closed its third fund with $300 million in capital commitments. The Washington, D.C.-based firm previously raised a $225 million second fund and a $75 million capital pool for later-stage companies in 2022. While many […]

OpenAI’s new image generator, powered by its GPT-4o model, is now available to all users, CEO Sam Altman said in a post on X. The feature was until now available only to paying users of ChatGPT. While it is not clear how many images users on the free tier can generate, Altman last week had […]

Despite Google’s intentions for its default image viewing and editing app for Android, the Photos app has, over the years, become one of the most popular photo backup services around. In fact, it was one of the most attractive offerings for years until it stopped offering unlimited storage in 2020. That change in the tech […]

Intel’s new CEO Lip-Bu Tan wasted no time laying out his plans for the semiconductor giant. Speaking at the Intel Vision conference this week, Tan told attendees that the company will spin off assets that aren’t core to its mission, Bloomberg reported. Tan didn’t specify what was classified as core and noncore to the company’s […]

OpenAI’s ChatGPT may be the world’s most popular chatbot app. But rival services are gaining, according to data from analytics firms Similarweb and Sensor Tower. Similarweb, which estimates traffic to websites, including chatbot web apps, has recorded healthy recent upticks in usage across bots like Google’s Gemini and Microsoft’s OpenAI-powered Copilot. Gemini’s web traffic grew […]

You know the online dating scene is bad when dating giants like Tinder are now introducing AI personas for users to flirt with. On Tuesday, the company announced a new game powered by OpenAI, allowing users to interact with an AI bot to practice flirting, reenact meet-cute scenarios, and receive scores with suggestions for improving […]

When there are damages to energy infrastructure, such as electricity pylons or gas pipelines, expensive helicopters are frequently used to inspect them. Drones have begun to replace some of those inspections, but the flight-time for these can be limited. Now a new company has produced a drone with a very long range to fill this […]

While working on their MBAs at Harvard Business School, Colombian immigrants Stephanie Murra and Lorenza Vélez noticed that most of the workers in the cafeteria were Hispanic. In conversations with them, a common theme kept coming up: how difficult it was for people who legally moved to the U.S. from Spanish-speaking countries to find their […]