OpenAI raised $6.6B led by Thrive Capital, the largest VC deal of all time, valuing it at $157B, with participation from Microsoft, Nvidia, SoftBank, and others
- Not taking part, a source confirms, is Apple, which reportedly had been in talks to invest.
OpenAI's o1 models aren't a straightforward upgrade to GPT-4o, as they introduce some major cost and performance trade-offs in exchange for improved “reasoning”
delving into OpenAI's new ‘o1’ model PYMNTS.com : OpenAI's ‘Strawberry’ Model Sparks Fresh Discussions on AI Capabilities M.G. Siegler / Spyglass : OpenAI Reasons ‘o1’ is a Better ...
Platformer is leaving Substack and migrating to Ghost, saying it doesn't believe Substack will publicly commit to proactively removing pro-Nazi material
After much consideration, we have decided to move Platformer off of Substack. Over the next few days, the publication will migrate …
A look at Twitter's culture before Elon Musk's takeover, when employees focused on improving the health of online conversations rather than growth at all costs
the early '10s, Twitter was at the height of its power. The company had yet to turn a profit, but it had played a crucial role …
Sources: X generated just over $600M in ad revenue in each of 2023's first three quarters, down from $1B+ per quarter in 2022 and on track for ~$2.5B in 2023
Kurt Wagner / Bloomberg :
OpenAI CEO Sam Altman departs the company and leaves its board after a board review found he wasn't “consistently candid in his communications with the board”
The board of directors of OpenAI, Inc, the 501(c)(3) that acts as the overall governing body for all OpenAI activities …
Sources: Apple pauses all its advertising on X after Elon Musk's endorsement of an antisemitic X post and a report that Apple ads ran next to pro-Nazi content
companies are twitchy and once they see others getting out in front of something they race to be next in line and email a reporter they know with the headline https://www.bloomberg...
Source: Ilya Sutskever and his allies on the OpenAI board may have been put off by Sam Altman looking to raise funds for new companies off of OpenAI's name
- Safety and commercialization were central to disagreements — Microsoft CEO was ‘blindsided,’ furious at Altman's firing
Disney, Warner Bros. Discovery, Paramount Global, Lionsgate, and Comcast suspend ads on X, joining other media and tech companies
- Apple has paused its online advertising campaigns on X, formerly Twitter, after owner Elon Musk made antisemitic comments on the platform.
Sources: Sam Altman's exit followed a “misalignment” between OpenAI's profit and nonprofit sides, given the company's development speed could be viewed as risky
Scoop: There are about to be a lot more major departures of top folks at @OpenAI tonight and I assume Altman will make a statement tonight. But, as I understand it, it was a “misal...
A look at the disparity between Amazon's drone delivery claims and the mundane reality, as only some small objects are delivered in perfect weather conditions
Amazon's much-hyped drone project is dropping small objects on driveways. Some customers are not sure what it delivers beyond minestrone. Threads: @alexkantrowitz . Mastodon: @car...
A jury finds Sam Bankman-Fried guilty on all seven counts of fraud and money laundering in the FTX trial; the judge sets SBF's sentencing for March 28, 2024
and what comes next Qadir AK / Coinpedia Fintech News : DOJ Cracks Down: Binance and Tether Face Terrorism Financing Charges PC Gamer : ‘The king of crypto’ found guilty of fraud, ...
A jury finds Sam Bankman-Fried guilty on all seven counts of fraud and conspiracy in the FTX trial; the judge sets SBF's sentencing for March 28, 2024
Sam Bankman-Fried, the co-founder and former CEO of crypto exchange FTX and trading firm Alameda Research, has been found guilty …
Elon Musk says X plans to launch two new premium tiers: a lower cost tier with all the features but no reduction in ads, and a more expensive tier with no ads
And It Could Be a Problem for Elon Musk's Subscription Plan Alex Kantrowitz / Big Technology : Exclusive Data: Twitter Is Shrinking Under Elon Musk Nadeem Sarwar / SlashGear : Musk...
Meta responds to concerns about Israel-Hamas war misinformation, saying the company formed an operations center, removed 795K+ posts, and more
I wouldn't call it censorship, it's always an algorithm which controls the content you see on IG and others. But since algorithms something like the secret recipe of Coke, nobody ...
Meta responds to concerns about Israel-Hamas war misinformation, saying the company formed an operations center, removed 795K+ posts, and more
I wouldn't call it censorship, it's always an algorithm which controls the content you see on IG and others. But since algorithms something like the secret recipe of Coke, nobody ...