Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. This week was a bit of a carryover from the one before as Bolt’s drama keeps unfolding — another story to be continued. But capital also flew […]
Fundraising is a lot easier when you have traction Read More »
Nvidia and Apple are reportedly in talks to contribute to OpenAI’s next fundraising round — a round that could value the ChatGPT maker at $100 billion. Per its sources, the New York Times says earlier OpenAI investor Thrive Capital would lead the deal should it happen. (Bloomberg was the first to report Nvidia’s involvement, and
Apple and Nvidia could be OpenAI’s next big investors Read More »
OpenAI, the creator of ChatGPT, could be in talks to raise a massive tranche of cash. The Wall Street Journal reports that OpenAI may be close to closing a fundraising round led by Thrive Capital, a previous investor, that’d value the AI company at over $100 billion. That’s substantially higher than OpenAI’s previous $86 billion
OpenAI reportedly in talks to close a new funding round at $100B+ valuation Read More »
OpenAI’s Converge 2 startup accelerator program did indeed take place, according to two sources familiar with the program, despite the silence that has shrouded it. TechCrunch has also confirmed that the Open AI Startup Fund has funded startups in the cohort. Converge 2 has been an odd exception to what is normally a mundane bit
OpenAI’s Converge 2 program has been shrouded in mystery Read More »
Hiya, folks, welcome to TechCrunch’s regular AI newsletter. If you want this in your inbox every Wednesday, sign up here. Say what you will about generative AI. But it’s commoditizing — or, at least, it appears to be. In early August, both Google and OpenAI slashed prices on their budget-friendliest text-generating models. Google reduced the
This Week in AI: AI is rapidly being commoditized Read More »
OpenAI, Adobe and Microsoft have thrown their support behind a California bill requiring tech companies to label AI-generated content, according to letters from the companies viewed by TechCrunch. The bill is headed for a final vote in August. AB 3211 requires watermarks in the metadata of AI-generated photos, videos and audio clips. Lots of AI
OpenAI, Adobe and Microsoft support California bill requiring watermarks on AI content Read More »
OpenAI threw its support behind a California bill requiring tech companies to label AI-generated content, according to a letter from OpenAI’s chief strategy officer viewed by Reuters. The bill is headed for a final vote in August. AB 3211 requires watermarks in the metadata of AI-generated photos, videos, and audio clips. Lots of AI companies
OpenAI supports California bill requiring watermarks on AI content Read More »
Two former OpenAI researchers who resigned this year over safety concerns say they are disappointed but not surprised by OpenAI’s decision to oppose California’s bill to prevent AI disasters, SB 1047. Daniel Kokotajlo and William Saunders previously warned that OpenAI is in a “reckless” race for dominance. “Sam Altman, our former boss, has repeatedly called
OpenAI broke its silence on California’s most controversial AI bill on Tuesday, officially expressing opposition in a letter to California state Senator Scott Wiener and Governor Gavin Newsom. The AI giant argued SB 1047 would stifle innovation and push talent out of California — a position Wiener quickly replied “makes no sense.” “The AI revolution
OpenAI’s opposition to California’s AI law ‘makes no sense,’ says state Senator Read More »
ChatGPT, OpenAI’s text-generating AI chatbot, has taken the world by storm since its launch in November 2022. What started as a tool to hyper-charge productivity through writing essays and code with short text prompts has evolved into a behemoth used by more than 92% of Fortune 500 companies. That growth has propelled OpenAI itself into
Everything you need to know about the AI chatbot Read More »
