Stripe has announced its latest annual tender offer, where investors purchase shares from employees. This transaction values the company at $159 billion. The investors involved include Thrive Capital, Coatue, Andreessen Horowitz, and Stripe itself. This marks a significant increase from…
Earlier this month, OpenAI launched a new platform called OpenAI Frontier for enterprises to build and manage agents. However, OpenAI COO Brad Lightcap noted that businesses have not yet seen AI adoption at scale. Speaking at the India AI summit…
Twitch announced on Tuesday that it is revamping its suspensions policy, moving away from its previous all-or-nothing penalty system. Previously, a temporary suspension meant losing access to the entire platform, including the ability to chat, watch streams while logged in,…
Fintech giant Marquis is suing its firewall provider SonicWall. The lawsuit claims an earlier breach at SonicWall allowed hackers to steal sensitive information about customer firewalls, which then led to a ransomware attack on Marquis’s own network. The legal complaint…
Google announced on Tuesday that the generative AI music tool ProducerAI will become part of Google Labs. Backed by The Chainsmokers, the ProducerAI platform allows users to write natural language requests, such as “make a lofi beat,” to generate music.…
YouTube is expanding its more affordable Premium Lite subscription service with new features. The $7.99 per month plan will now include the ability to download videos for offline access and to watch videos in the background, even with the screen…
Oura announced on Tuesday that it is launching its first proprietary AI model. This model enables the company’s AI chatbot, Oura Advisor, to deliver personalized insights around women’s health. According to the company, the model supports questions spanning the full…
Meta has announced a multiyear agreement to purchase potentially up to one hundred billion dollars worth of AMD chips. This substantial order is enough to drive roughly six gigawatts of data center power demand. As part of the deal, AMD…
When the edtech company Preply achieved unicorn status earlier this year, employees in its Kyiv office celebrated with cake. That simple act of normalcy is a powerful statement in the middle of a war. In the four years since Russia’s…
The fallout from a ransomware attack on Conduent, one of the largest government contractors in the United States, continues to expand. More than 25 million people have now had personal data stolen in the hack. Conduent provides printing, mailroom services,…
