| 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 … | MacKenzie Sigalos / CNBC: |
Source: OpenAI authorized up to $10.3B in shares for sale, but only $6.6B was sold, which insiders see as a sign of staff confidence and strong investor demand — OpenAI has finalized a secondary share sale totaling $6.6 billion, allowing current and former employees to sell stock … | Reuters: |
Source: OpenAI employees sold shares to a consortium of investors including Thrive Capital, SoftBank, Dragoneer, Abu Dhabi's MGX, and T. Rowe Price — OpenAI, the company behind ChatGPT, has reached a valuation of $500 billion, following a deal in which current and former employees sold … | New York Times: |
As Sora clips go viral, users express awe and delight as others warn about IP theft and that its Cameos could lead to new kinds of misinformation and scams — This week, we — the two authors of this article — spent hours scrolling through a feed of short-form videos that featured ourselves in different scenarios.| Jason Koebler / 404 Media: |
| M.G. Siegler / Spyglass: |
| Google Developers Blog: |
Google says Gemini 2.5 Flash Image, aka Nano Banana, is now generally available and supports more aspect ratios, priced at $0.039/image and $30/1M output tokens — Our state-of-the-art image generation and editing model which has captured the imagination of the world, Gemini 2.5 Flash Image 🍌 … | The Information: |
Sources: in recent weeks, Meta changed FAIR's publishing rules to require extra review, angering staff; Yann LeCun considered resigning over Meta's AI changes — In recent weeks, Meta Platforms made a change to its Fundamental Artificial Intelligence Research lab that rubbed members … | Sarah Perez / TechCrunch: |
Meta unveils communities on Threads, starting with 100+ dedicated spaces for casual conversations around topics like basketball, television, and K-pop music — Instagram Threads, Meta's X rival that now has over 400 million monthly active users, is officially launching a new feature … | 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.| Jagmeet Singh / TechCrunch: |
Google adds a new command-line interface and public API to its AI coding agent Jules, allowing it to plug into terminals, CI/CD systems, and tools like Slack — Google is bringing its AI coding agent Jules deeper into developer workflows with a new command-line interface and public API … | Krystal Hu / Reuters: |
New York-based DualEntry, which offers AI-powered ERP software, raised a $90M Series A led by Lightspeed and Khosla Ventures, valuing the company at $415M — - DualEntry valued at $415 million after Series A round — Targets ERP market dominated by Oracle NetSuite, Sage, Acumatica| Brody Ford / Bloomberg: |
Microsoft has committed $33B+ to neocloud providers; sources: its $19.4B Nebius deal will provide computing power for creating LLMs and a consumer AI assistant — Microsoft Corp.'s deal with neocloud company Nebius Group NV will provide computing power to internal teams creating large language models … | 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 … | Mercor: |
| 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.| Russell Brandom / TechCrunch: |
Anthropic hires former Stripe CTO Rahul Patil as its new CTO, taking over from co-founder Sam McCandlish, who will move to a new role as chief architect — Anthropic has a new chief technical officer, former Stripe CTO Rahul Patil. Patil started at the company earlier this week … | Lawrence Abrams / BleepingComputer: |
Red Hat confirms a breach of a GitLab instance after the extortion group Crimson Collective claimed to have stolen ~570GB of data from 28K internal repositories — Correction: After publishing, Red Hat confirmed that it was a breach of one of its GitLab instances, and not GitHub. Title and story updated.| Blake Brittain / Reuters: |
OpenAI asks a US judge to dismiss a lawsuit alleging it hired away xAI employees to steal trade secrets, calling the case part of Musk's “ongoing harassment” — OpenAI asked a federal judge on Thursday to dismiss a lawsuit alleging it lured employees away from Elon Musk's … | Antonio Regalado / MIT Technology Review: |
Microsoft researchers say AI models can be used to design toxins that evade biosecurity systems used to screen DNA orders for potential biothreats — A team at Microsoft says it used artificial intelligence to discover a “zero day” vulnerability in the biosecurity systems used to prevent the misuse of DNA.| Janko Roettgers / Lowpass: |
Amazon's Fire TV Stick 4K Select, which comes with Vega OS, will use cloud app streaming to run Android versions of apps that haven't been ported to Vega — Ingenious, or Luna-cy? … Vega OS is finally here: On Tuesday, Amazon officially unveiled its new, custom-built Vega entertainment … | Sarah Perez / TechCrunch: |
Appfigures: Sora saw 56K iOS installs on its first day, on par with Grok but ahead of Claude and Copilot; ChatGPT and Gemini each had ~80K installs on day one — OpenAI's Sora app for AI videos is a viral hit, despite being invite-only for now and limited to users in the U.S. and Canada at launch.| 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 … | 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| 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
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| Financial Times: |
| Samanth Subramanian / The Guardian: |
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| Rebecca Szkutak / TechCrunch: |