CoreWeave signs a five-year $11.9B contract with OpenAI and will issue shares worth $350M to OpenAI through a private placement at the time of CoreWeave's IPO
Echo Wang / Reuters :
Source: Apple is no longer in talks to participate in an OpenAI funding round that is expected to raise as much as $6.5B
Company behind ChatGPT is aiming to raise around $6.5 billion in funding set to close next week — Apple is no longer in talks to participate in an OpenAI funding round expected …
Docs: OpenAI had $300M in monthly revenue in August, up 1,700% since early 2023, 350M MAUs in June, and expects ~$3.7B in annual sales but $5B in losses in 2024
As the company looks for more outside investors, documents reviewed by The New York Times show consumer fascination with ChatGPT and a serious need for more cash.
US v. Google: Google's main economics expert says Google pays Apple 36% of the revenue earned from search ads via Safari, a figure that was meant to stay secret
Kevin Murphy, a University of Chicago professor, disclosed the number during his testimony in Google's defense at the Justice Department's antitrust trial in Washington.
Google and Match Group reach a settlement in their app store antitrust case: Google plans to let Match implement third-party billing options by March 31, 2024
Google and Match announced today they've reached a settlement in the antitrust battle Match waged against the tech giant …
Match Group reports Q3 revenue up 9% YoY to $882M, vs. $880.6M est., paying users down 5% YoY to 15.7M, and forecasts Q4 revenue below est.; MTCH drops 15%+
Total Revenue grew 9% over the prior year quarter to $882 million. X: Brett / @ccm_brett : - Tinder hits 10% rev growth - Hinge growing 44% - Margins expanding - Shrinking share co...
Spotify's Podsights and Chartable acquisitions set it up to better compete with YouTube, offering dependable programmatic ads and robust analytics to creators
Ashley Carman / The Verge : Tweets: @ccm_brett , @glenngabe , @mattcassinelli , and @siddarthpaim Tweets: Brett Schafer / @ccm_brett : “if podcasters have avoided Spotify's podcas...