Is OpenAI’s Valuation of $100 Billion Justified?
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OpenAI, the leading artificial intelligence research organization, is reportedly gearing up for its next fundraising round. According to a recent article by The New York Times, Nvidia and Apple are in talks to contribute to this new funding round, with Thrive Capital poised to lead the deal.
OpenAI’s Revenue Growth Outpaces Expansion Efforts
OpenAI has seen significant revenue growth, with its annualized revenue exceeding $3.4 billion earlier this year. However, the company is on track to lose approximately $5 billion by the end of the year as it expands its AI training and staffing efforts.
Technical Issues Affecting NPR Website
In a separate development, users have reported experiencing issues when attempting to access certain links from the NPR website through X (formerly Twitter). The issue appears to be related to X’s algorithmic curation system, which has marked some of these links as "unsafe." This has raised questions about whether X is actively trying to suppress news stories or simply dealing with a technical glitch.
Lyft Introduces Verification Badge for Riders
Lyft has announced the launch of a new pilot program aimed at enhancing its security measures. The program involves verifying riders’ identities through a badge that appears next to their profile, indicating that they are using their legal name.
TechCrunch’s Week in Review: Catch Up on the Top News Stories
This week, we recapped some of the biggest news stories in the tech industry, including OpenAI’s potential valuation increase and Lyft’s new security measures. We also highlighted the latest developments from Apple, Tesla, and more.
Top Tech Headlines This Week
- Apple is reportedly cutting around 100 jobs in its digital services group, affecting teams working on the Apple Books app and Apple News.
- ChatGPT users have noticed that when asked how many times the letter "r" appears in the word "strawberry," the AI chatbot incorrectly answers twice. This highlights the limitations of large language models (LLMs) powering these AI systems, which do not truly read or process information but rather rely on patterns and associations.
- Tesla has deleted all its blog posts prior to 2019, effectively erasing a significant portion of its digital history.
More Tech News
- Spotify claims that Apple may be violating the Digital Markets Act by discontinuing technology that allows Spotify users to control volume on connected devices using their iPhone.
- Google has reportedly trained its Gemini AI model with 300 million pieces of audio, including coughs and sniffles, to identify health issues and predict early signs of disease.
Analysis: Seattle-Tacoma Airport Hacked
Seattle-Tacoma Airport is still largely offline after a reported cyberattack, causing chaos among travelers. TechCrunch’s recent article highlights the ongoing trend of increased cybersecurity threats in the tech industry.
Related News
- Cloudflare’s VPN app has been pulled from Indian app stores, raising concerns about online freedom and censorship.
- Nvidia’s CES 2025 keynote will be live-streamed, offering an opportunity for attendees to participate remotely.
- The robotics industry is experiencing a hiring boom, with over 55 companies recruiting talent.
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