AI

OpenAI disables video gen for certain Sora users as capacity challenges continue

OpenAI is still struggling to overcome the capacity issues brought on by the viral image generation feature the company launched last week. On Monday, OpenAI disabled video generation for new users of Sora, the company’s suite of generative AI media tools. “We’re currently experiencing heavy traffic and have temporarily disabled Sora video generation for new

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Amazon unveils Nova Act, an AI agent that can control a web browser

Amazon on Monday unveiled Nova Act, a general-purpose AI agent that can take control of a web browser and independently perform some simple actions. Alongside the new agentic AI model, Amazon is releasing the Nova Act SDK, a toolkit that allows developers to build agent prototypes with Nova Act. Nova Act, developed by Amazon’s recently

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Perplexity CEO denies having financial issues, says no IPO before 2028

Perplexity CEO Aravind Srinivas recently took to Reddit to address users’ product complaints and reassure them that the company is not under serious financial pressure. Srinivas seemed to be responding, in part, to a user theory that the company is “doing horribly financially” and “making lots of changes to cut costs.” As an example, the

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CoreWeave co-founder explains how a closet of crypto-mining GPUs led to a $1.5B IPO

CoreWeave began trading on Friday with more of a shrug than a war cry. The company priced at $40 on Thursday, below the $47- $50 price range announced. It also trimmed the number of shares offered. All told, CoreWeave raised $1.5 billion and nabbed a $14 billion market cap on Day 1, instead of a

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