OpenAI Wants To Raise $6.5 billion At $150 Billion Valuation The startup is using the funds to support computing needs and operating expenses and plans to offer employees a chance to sell shares later this year.
Apple Unveils "Apple Intelligence" At WWDC 2024 Apple Intelligence will roll out in beta form this October, initially available in the U.S. in English, with an expanded international rollout and support for additional languages through 2025.
Elon Musk Denies Report Of xAI Licensing Talks With Tesla The Wall Street Journal had reported that under the proposed agreement, Tesla would incorporate xAI’s models into its Full Self-Driving (FSD) software and use xAI’s expertise to develop features like a voice assistant
Coinbase Experiences Toughest Week Of The Year Amidst Crypto Market Downturns Investors in crypto stocks were hit particularly hard. Schwab Asset Management’s crypto-themed ETF (STCE), which includes companies like MicroStrategy, Marathon Digital, Riot Blockchain, and Coinbase, fell 11%. Coinbase saw a dramatic 20% drop, reaching its lowest point since February.
OpenAI Surpasses 1 Million Paid Business Users as AI Adoption Surges ChatGPT Plus is available for $20 per month, while the free tier continues to be used by hundreds of millions of users each month.
Safe Superintelligence, Co-founded By Ilya Sutskever, Raises $1 Billion For AI Safety Development SSI's valuation is estimated to be around $5 billion, a testament to the faith investors have placed in Sutskever and his co-founders despite the high-risk nature of AI startups.
Salesforce To Acquire AI Voice Agent Firm Tenyx The acquisition reflects a broader trend among tech giants, with Salesforce joining Microsoft and Amazon in securing AI talent and tools.