OpenAI is acquiring an ownership stake in Thrive Holdings. The parent company of Thrive Holdings is Thrive Capital, which is itself a major investor in OpenAI. Thrive Holdings functions similarly to a private equity firm focused on artificial intelligence. It…
German AI lab Black Forest Labs announced on Monday that it has raised three hundred million dollars in a Series B funding round. This investment values the company at three point two five billion dollars. The funding round was co-led…
With AI igniting an investor frenzy, new startups are achieving unicorn status every month. Using data from Crunchbase and PitchBook, TechCrunch tracked the VC-backed startups that became unicorns so far this year. While most are AI-related, a surprising number are…
On Monday, Clipbook, an AI-powered platform that helps companies monitor their media coverage, announced a $3 million seed round. The investment was co-led by Mark Cuban, Commonweal Ventures, and Carpenter Capital. The deal originated from a cold email. Clipbook’s founder,…
South Korean e-commerce giant Coupang announced over the weekend that a data breach has compromised the personal information of nearly 34 million customers in the country. The incident went undetected for more than five months. The company initially discovered unauthorized…
When Will Bruey talks about the future, the timelines are shorter than most might imagine. The Varda Space Industries CEO predicts that within ten years, someone could stand at a landing site and watch multiple specialized spacecraft per night zooming…
James Cameron’s movies are known for pushing the boundaries of visual effects technology. This is especially true for the Avatar films, where the heroic blue Na’vi characters are created through performance capture. However, this does not mean Cameron is a…
A new report suggests that David Sacks’ role as President Donald Trump’s artificial intelligence and cryptoczar could work out very well for his investments and those of his friends. However, Sacks fired back in a social media post, describing a…
On November 30, 2022, OpenAI introduced a new product to the world, describing it as a model called ChatGPT which interacts in a conversational way. It is no hyperbole to suggest that ChatGPT subsequently transformed the worlds of business and…
Finland’s weather is notoriously unfriendly, but even so, your food order might be delivered by a drone. On a rainy day following Helsinki’s annual Slush conference, Finnish entrepreneur Ville Leppälä provided a behind-the-scenes look at a three-party partnership. This collaboration…
