AI

OpenAI acquires product testing startup Statsig and shakes up its leadership team

OpenAI announced in a blog post on Tuesday that it agreed to acquire the product testing startup, Statsig, and bring on its founder and CEO, Vijaye Raji, as the company’s CTO of Applications. OpenAI is paying $1.1 billion for Statsig in an all-stock deal — one of the largest acquisitions ever for the ChatGPT maker […]

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OpenAI to route sensitive conversations to GPT-5, introduce parental controls

OpenAI said Tuesday it plans to route sensitive conversations to reasoning models like GPT-5 and roll out parental controls within the next month – part of an ongoing response to recent safety incidents involving ChatGPT failing to detect mental distress. The new guardrails come in the aftermath of the suicide of teenager Adam Raine, who

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LayerX uses AI to cut enterprise back-office workload, scores $100M in Series B

Aging demographics, labor shortages, the adoption of GenAI, and the 2023 implementation of e-invoicing are driving companies to automate finance, tax, procurement, and HR in Japan. Yet only 16% of digital transformations succeed, and that’s only 4–11% in traditional industries. The main barriers? Weak leadership commitment, a rigid culture, and a lack of digital talent.

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Why Runway is eyeing the robotics industry for future revenue growth

Runway has spent the past seven years building visual-generating tools for the creative industry. Now, it sees a new opportunity for its technology: robotics. New York-based Runway is known for its video and photo generation AI world models, or large language models that create a simulated version of the real world. Most recently, the company

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Lovable’s CEO isn’t too worried about the vibe-coding competition

Every seat in Copenhagen’s Bella Center was full as Anton Osika, the co-founder of the vibe coding app Lovable, took the stage at this year’s TechBBQ conference. Lovable specializes in helping people build apps and websites, especially people with no coding experience. It’s one of the standouts in the popular AI category known as vibe-coding,

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Nvidia says two mystery customers accounted for 39% of Q2 revenue

Nearly 40% of Nvidia’s second quarter revenue came from just two customers, according to a filing with the Securities and Exchange Commission. On Wednesday, the chipmaker reported record revenue of $46.7 billion during the quarter that ended on July 27 — a 56% year-over-year increase largely driven by the AI data center boom. However, subsequent

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Taco Bell is having second thoughts about relying on AI at the drive-through 

Taco Bell’s chief digital officer says the company is having an “active conversation” about when to use and not to use AI. The company has apparently rolled out voice AI-powered ordering at more than 500 drive-throughs, leading to unflattering viral moments like someone ordering 18,000 water cups in order to “bypass” the AI and get

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