OpenAI is in talks to raise up to $100 billion in a funding round that could value the ChatGPT maker at up to $830 billion, The Wall Street Journal reported Thursday, citing anonymous sources. The company is aiming to raise the funding by the end of the calendar first quarter next year, and it may…
President Donald Trump’s social media company, Trump Media & Technology Group (TMTG), said on Thursday that it’s merging with TAE Technologies, a Southern California-based company that has been chasing the dream of fusion power for nearly 30 years. The all-stock transaction, valued at more than $6 billion, would expand Trump Media’s presence into the nascent fusion…
In a new experiment, Meta is limiting the number of links users can post on Facebook, unless they have a paid Meta Verified subscription. Over the last week, several users have spotted Meta’s test, which impacts link posting. Social media strategist Matt Navarra noted that users part of the test can only post two links…
A recent study published by Consumer Reports (CR) alleges that Instacart has been conducting AI-led dynamic pricing experiments that, in some cases, are drastically inflating the cost of certain products. CR and its research partner, Groundwork Collaborative, found that the delivery app was conducting these experiments at the platform’s retail partner locations — places like…
Chai Discovery, a biotech startup with backing from OpenAI, announced a $130 million Series B round at a $1.3 billion valuation on Monday. The round was led by General Catalyst and Oak HC/FT, the company said. Other participants include Menlo Ventures, OpenAI, Dimension, Thrive Capital, Neo, Yosemite venture fund, Lachy Groom, SV Angel, and new…
A woman is facing felony charges in Evansville, Indiana over a DoorDash delivery in which she allegedly sprayed the food with a substance that made the customers vomit. In a press release, the Vanderburgh County Sheriff’s Office said that it was contacted on December 7 by a man who said that he and his wife…
In a move worthy of a post on the Not Like The Other Girls subreddit, Reddit, one of the world’s largest social platforms, is arguing that it isn’t like other, actual social media sites, as the company seeks to overturn Australia’s law banning children under 16 years of age from social media. In a lawsuit…
Robotics company 1X found some big potential buyers for its humanoid robots designed for consumers — the portfolio companies of one of its investors. The company announced a strategic partnership to make thousands of its humanoid robots available for EQT’s portfolio companies on Thursday. EQT is a large Swedish multi-asset investor, and its venture fund…
Rivian detailed Thursday how it plans to make its electric vehicles increasingly autonomous — an ambitious effort that includes new hardware, including lidar and custom silicon, and eventually, a potential entry into the self-driving ride-hail market, according to CEO RJ Scaringe. The announcements at the company’s first “Autonomy & AI Day” event in Palo Alto,…
Park Dae-jun has resigned as chief executive of South Korean retail giant Coupang after a data breach exposed the personal information of more than half of the country’s population. In a statement, Park apologized for the breach, citing a “deep sense of responsibility for the outbreak and the subsequent recovery process.” Coupang has replaced Park…