Waymo co-CEO Tekedra Mawakana says Waymo has reached 10M paid trips, doubling in the past five months, and that the company is not yet profitable
Trump Media now has a $6B+ market cap despite struggling to build a profitable revenue stream; Similarweb says site visits fell 20% MoM to 10M in October 2024
Trump Media & Technology Group's revenue and share price have sagged as its losses have piled up.
Sources: OpenAI expects its revenue to grow to $11.6B in 2025; ChatGPT has 10M paying users and could bring in $2.7B in revenue in 2024, up from $700M in 2023
Thrive Capital is investing more than $1 billion of OpenAI's current $6.5 billion fundraising round, and it has a sweetener …
Chinese-made, Tencent-backed game Black Myth: Wukong sold 10M copies in just 83 hours, one of the fastest game debuts in history, earning an estimated $450M+
- Adventure title has one of the fastest game launches ever — Strong debut signals China's games industry turning a corner
Spotify reports Q4 revenue up 18% YoY to €3.2B and a €270M loss, up from €39M YoY, as operating costs rose 44% YoY; paying subscribers were up 10M to 205M
Music streaming group adds subscribers but is hit by rise in operating expenses — Spotify's losses ballooned …
Stability AI raised a $101M seed, a source says at a ~$1B valuation, and its CEO says Stable Diffusion has 10M DAUs and its web app DreamStudio has 1.5M+ users
no billionaires, big funds, governments or anyone else with control of the company or the communities we support. We're completely independent," The future is open-source🔥 https://twitter.com/... Jim ...
Indonesian digital wallet maker Dana raised $250M from local conglomerate Sinar Mas and Alibaba's Lazada Group and says it processes 10M transactions/day
Bloomberg :
1NCE, which offers cloud-based IoT connectivity services, raises $50M from SoftBank, Deutsche Telekom, and others, claims it manages 10M connections worldwide
Germany's 1NCE, an IoT connectivity specialist, has raised US$50 million in new financing to help fund its international expansion and drive growth.
Enterprise video messaging service Loom raises $130M led by a16z at a valuation of $1.53B, and says it now has 10M users across 120K businesses
Katie Roof / Bloomberg :
Online learning courses are booming during the pandemic, with Coursera adding 10M new users from mid-March to mid-May, seven times the pace in the previous year
The pioneering online learning networks offer hard-earned lessons for what works and what doesn't with online education. Tweets: @stevelohr Tweets: Steve Lohr / @stevelohr : The renaissance of the MOO...