OpenAI reportedly lowers funding target for new round
AI summary OpenAI lowered its funding target to $20 billion, with $11 billion already secured, amid tepid investor response.
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AI summary OpenAI lowered its funding target to $20 billion, with $11 billion already secured, amid tepid investor response.
AI summary TikTok expands into a super app with a restaurant guide and payment features, aiming to handle more user needs in one platform.
AI summary A tech reporter initially had doubts about the iPhone Duo but grew more comfortable with it during a vacation, despite its unique design and some app issues.
AI summary LPs are heavily investing in OpenAI and Anthropic, despite risks, due to high potential returns.
AI summary Nvidia is considering guaranteeing debt for Nscale's West Virginia AI data center, helping secure financing for the project.
AI summary Salesforce acquires defense tech startup Rune for $375 million, expanding its Missionforce unit into battlefield logistics.
AI summary Ollie, a privacy-focused AI assistant, is shutting down after failing to sustain growth in a competitive market.
AI summary Intel's stock dropped 28%, reducing the government's $12B stake. The decline was due to weaker Q4 revenue and profit forecasts.
AI summary Anthropic may get a high 'junk' rating after its IPO, per a report.
AI summary Applebee’s fixed a security flaw after a researcher found a database password in its app, exposing customer data.
AI summary The article suggests last-minute Halloween costume ideas for tech nerds, including self-improvement themes and AI-inspired looks.
AI summary Investors are worried about AI spending as tech giants increase capital expenditures, leading to market declines and concerns over cash flow and returns.
AI summary AI law firm Crosby bids to acquire assets of struggling Weil Gotshal, including its brand and data.
AI summary Satlyt successfully tested software to turn satellites into data processing networks, simulating task distribution in orbit.
AI summary Zest introduces an AI-powered restaurant concierge in text messages, enabling bookings without apps.
AI summary Google's Suncatcher satellite with a TPU is online, testing space conditions and generating limericks.
AI summary Tyler Shultz warns that the AI boom could enable deception, citing Theranos' past fraud as a cautionary tale.
AI summary North Korean hackers are blamed for a $6.3B crypto heist at Binance, with half frozen. Binance suspended deposits and withdrawals.
AI summary TechCrunch Founder Summit 2026 uses Braindate to help founders make meaningful connections through targeted conversations.
AI summary DoorDash reported only 'several hundred' orders from AI agents, far below daily delivery volumes of 3 million.
AI summary Runware plans to mass-produce AI data centers like cars, using a factory to assemble modular pods efficiently.
AI summary TechCrunch Founder Summit 2026 offers founders practical advice and connections to grow their businesses, with sessions on scaling and fundraising.
AI summary Waymo partners with Toyota to test autonomous bZ4X vehicles in Japan, aiming for robotaxi services in Japan and the U.K.
AI summary A nontheistic Humanist secured a religious exemption from using AI at work, citing concerns about human dignity and critical thinking.
AI summary Prime Video is on track to earn tens of billions of dollars, with Amazon MGM Studios reporting $1.2 billion in box office sales this year.
AI summary AWS aims to become a $1T revenue business, with significant capital spending planned for 2026 and 2027.
AI summary Binance pauses withdrawals after suspected security breach, with hackers possibly stealing billions in crypto.
AI summary Russian president Putin called Elon Musk a 'genius' and mentioned close contact about Rassvet, Russia's satellite project.
AI summary Amazon missed revenue and earnings expectations but saw strong cloud revenue growth. Free cash flow turned negative due to AI investments.
AI summary GM agrees to a $220M settlement over selling drivers' data to brokers, requiring explicit consent for data sharing.