| Shirin Ghaffary / Bloomberg: |
Source: OpenAI completed a secondary share sale that let staff sell ~$6.6B at a $500B valuation, making it the world's most valuable startup, ahead of SpaceX — OpenAI has completed a deal to help employees sell shares in the company at a $500 billion valuation, propelling … | Lawrence Abrams / BleepingComputer: |
Extortion group Crimson Collective claims it breached Red Hat's private GitHub repositories, stealing nearly 570GB from 28K projects; Red Hat confirms a breach — An extortion group calling itself the Crimson Collective claims to have breached Red Hat's private GitHub repositories … | Jason Koebler / 404 Media: |
OpenAI's Sora 2 generates copyright infringing content, including numerous AI-generated clips featuring SpongeBob, Pokémon, Mario, Rick and Morty, and Star Wars — Within moments of opening OpenAI's new AI slop app Sora, I am watching Pikachu steal Poké Balls from a CVS.| M.G. Siegler / Spyglass: |
Sora, which is fun and simple to use, shows that OpenAI remains good at creating viral products, unlike Meta, whose Vibes video feed feels half-baked and obtuse — Another viral product hit for OpenAI, this time in video... It's been a long time since I've been this sucked into an app.| Financial Times: |
Asahi says most of its 30 factories in Japan have not operated since September 29 following a cyberattack, leaving Japan with just days of Asahi Super Dry stock — Vast majority of factories of nation's most popular beer have stopped work this week — Japan is just a few days away … | Bloomberg: |
A Google executive and sources: a ransomware group that says it has Cl0p ties is sending extortion emails, claiming it stole data from Oracle's E-Business Suite — Executives and technology departments at large organizations are being extorted by a notorious ransomware group that claims … | Mark Gurman / Bloomberg: |
Sources: Apple paused development of a lighter, cheaper Vision Pro to focus on smart glasses, including a no-display model for 2027 and one with a display later — Apple Inc. has hit pause on a planned overhaul to its Vision Pro headset to redirect resources toward a more urgent effort … | Maya Dharampal-Hornby / Sifted: |
NYC-based Dash0, which offers AI agents to monitor and troubleshoot cloud, app, and infrastructure issues, raised a $35M Series A, taking its funding to $44.5M — The platform has over 300 paying customers including Starling and Porsche — Dash0, an AI-native observability platform … | Financial Times: |
A profile of Silver Lake co-CEO Egon Durban, who brokered EA's takeover with Jared Kushner, after the PE firm's high-stakes Endeavor, Altera, and TikTok deals — Dealmaker's $55bn takeover of Electronic Arts follows a spree of high-stakes transactions from TikTok to Endeavor| Anna Nicolaou / Financial Times: |
Sources: Universal Music and Warner Music are nearing landmark AI licensing deals with companies like Google, Spotify, ElevenLabs, Stability AI, Suno, and Udio — Universal and Warner seek payment structure similar to streaming as more disruption looms — Universal Music and Warner Music … | Bloomberg: |
Sources: Germany-based AI language platform DeepL held talks about a US IPO, and may seek an up to $5B valuation; DeepL raised $300M at a $2B valuation in 2024 — German artificial intelligence language platform DeepL is exploring a potential initial public offering in the US, according to people familiar with the matter.| David Jeans / Reuters: |
A look at Allen Control Systems, the maker of AI-powered gun turrets for shooting down drones, co-founded by Steven Simoni, who sold Bbot to DoorDash for $125M — - Restaurant app founder pivots to AI-powered machine guns — Simoni builds hype with bravado, parties and podcasts| Jess Weatherbed / The Verge: |
Disney says that Hulu will replace the Star hub on Disney+ from October 8 in non-US markets, in an effort to turn Hulu into an internationally recognized brand — Starting on October 8th, Hulu will replace Star on Disney Plus in international markets.| Gregory Meyer / Financial Times: |
Walmart plans to attach sensors to the 90M grocery pallets it ships each year to its 4,600-store US chain by the end of 2026; tracked items include perishables — Retailer expands use of devices to monitor 90mn pallet deliveries a year from warehouses to its 4,600 US outlets| Charles Rollet / Business Insider: |
Perplexity is making its AI browser Comet, previously $200/month with Perplexity Max, free, with rate limits; Perplexity says Comet has millions on its waitlist — Follow Charles Rollet … Saved — Add us on — Perplexity is making its $200-a-month browser free for everyone.| Washington Post: |
A look at a growing number of medical startups that are using robots and AI to fertilize embryos through IVF, helping birth 20+ babies through clinical trials — MEXICO CITY — When she walked into an IVF clinic in June, Alin Quintana knew it would be the last time she would try to conceive a child.| The Information: |
Sources: Meta angered FAIR staff by requiring extra review of research before publishing; Yann LeCun considered resigning over Meta's broader AI changes — In recent weeks, Meta Platforms made a change to its Fundamental Artificial Intelligence Research lab that rubbed members of the group the wrong way … | Rebecca Szkutak / TechCrunch: |
Salesforce launches Agentforce Vibes, an enterprise vibe-coding tool and IDE built on a fork of open-source AI coding agent Cline's Visual Studio Code extension — Enterprise giant Salesforce is looking to ride the vibe-coding wave — where developers describe what they want in natural language … | Financial Times: |
Volkswagen revives its struggling software unit Cariad after a “complete reset” of its strategy, including partnerships with Xpeng in China and Rivian in the US — Carmaker hails ‘massive transformation’ in software unit as it seeks to take on Tesla and Chinese EV rivals| Viola Zhou / Rest of World: |
A look at China's push to integrate AI tools into children's lives, even as educators and researchers are skeptical and warn that AI's benefits are overstated — Government support and tech companies' drive for profit fuel a rush to integrate AI tools, from robot tutors to chatbots, in education and caretaking.| Matt Durot / Forbes: |
Elon Musk became the first person to surpass a $500B net worth, after Tesla's shares climbed 3.5% on October 1; Musk is $150B ahead of runner-up Larry Ellison — Musk is now half-way to becoming the first ever trillionaire. — Elon Musk achieved yet another major milestone Wednesday …
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| Anniek Bao / CNBC: |
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| Harshita Mary Varghese / Reuters: |
| Rafaela Lindeberg / Bloomberg: |
| Jennifer Maas / Variety: |
| Abner Li / 9to5Google: |