Techmeme
April 1, 2025, 10:20 AM

Top News

CNBC:
OpenAI closes a $40B round, the most raised by a private tech company, at a $300B post-money valuation; SoftBank led with $30B; source: ~$18B is for Stargate  —  OpenAI on Monday announced it had closed what amounts to the largest private tech funding round on record.
Shirin Ghaffary / Bloomberg:
Source: SoftBank will invest an initial $7.5B in OpenAI's $40B round, plus $22.5B by 2025's end; other backers include Microsoft, Coatue, Altimeter, and Thrive  —  OpenAI, the artificial intelligence company behind ChatGPT, said it has finalized a funding round that will bring in $40 billion …
Ivan Mehta / TechCrunch:
OpenAI's new GPT-4o-powered image generator is now available to all users; Sam Altman last week mentioned a limit of three images per day for free-tier users  —  OpenAI's new image generator, powered by its GPT-4o model, is now available to all users, CEO Sam Altman said in a post on X …
Kyle Wiggers / TechCrunch:
Sam Altman says OpenAI plans to “release a powerful new open-weight language model with reasoning in the coming months”, its first open-weight model since GPT-2  —  OpenAI says that it intends to release its first “open” language model since GPT‑2 “in the coming months.”
Kylie Robison / The Verge:
Sean Endicott / Windows Central:
Microsoft expands Copilot+ PC features exclusive to Snapdragon, like Live Captions, Cocreator, Restyle Image, and Image Creator, to PCs with AMD or Intel chips  —  Staggered feature releases make me ask “what even is a Copilot+ PC?”  —  Microsoft has a big update for Copilot+ PCs powered by Intel or AMD processors.
Ian King / Bloomberg:
Intel Vision conference: CEO Lip-Bu Tan says that Intel plans to spin off non-core assets, create new products including custom chips, hire engineers, and more  —  Intel Corp. Chief Executive Officer Lip-Bu Tan said the chipmaker will spin off assets that aren't central to its mission …
Bloomberg:
With the Switch 2, Nintendo must do what it has rarely done before: follow one hit console with another; Nintendo sold 150M+ Switch units since its 2017 launch  —  The Japanese gaming giant is about to release its latest console.  The stakes have never been higher to end the boom-bust cycle that's plagued the company for years.
Megan Specia / New York Times:
How some UK parents created a “Smartphone Free Childhood” pledge, signed by 124K+ people, after the UK government watered down a bill banning phones in schools  —  In Britain, amid growing evidence of harm to young people from extreme content online, a “Smartphone Free Childhood” campaign is going viral.

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Yogita Khatri / The Block:

Earlier Picks

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