News
Important shifts and updates across AI, technology and business.
OpenAI nearing $100 billion investment, valued at $850 billion
OpenAI is in the final stages of securing a massive $100 billion deal, which includes major investors such as Amazon, Nvidia, SoftBank, and Microsoft. This investment would…Microsoft unveils initiative to combat online AI misinformation
Microsoft is launching a new initiative aimed at distinguishing real content from AI-generated misinformation as digital deception becomes increasingly prevalent. This move comes…Reddit experiments with AI-driven shopping search results
Reddit is piloting a new AI search feature aimed at enhancing the shopping experience for a select group of U.S. users. This feature presents interactive product carousels that…Perplexity shifts focus from ads to niche audience strategy
Perplexity, the AI search startup, is pivoting away from its initial belief that advertising would be a key revenue driver. Instead, the company is concentrating on cultivating a…Lawsuit claims ChatGPT contributed to student’s mental health crisis
A new lawsuit alleges that ChatGPT’s interactions with a student led to a significant mental health decline, including psychosis. The complaint highlights how the chatbot’s…General Catalyst boosts India investment to $5 billion over five years
General Catalyst has announced a significant commitment of $5 billion to invest in India over the next five years, a dramatic increase from its previous allocation of $500 million…OpenAI executive dismissed amid discrimination allegations following chatbot policy dispute
A policy executive at OpenAI, who previously opposed the implementation of an ‘adult mode’ for the company’s chatbot, has reportedly been fired due to discrimination claims. The…xAI faces challenges as half of founding team exits
xAI has seen the departure of half of its founding team, raising concerns about the company’s stability and future direction. With significant work still needed ahead of a…Amazon plans marketplace to connect media publishers with AI firms
Amazon is reportedly exploring the launch of a new marketplace designed to facilitate the licensing of content from media publishers to AI companies. This initiative could create…MGX poised to invest in Anthropic’s major funding round
Abu Dhabi’s MGX is close to finalizing a deal to participate in Anthropic PBC’s substantial $20 billion fundraising effort. This investment underscores MGX’s increasing commitment…India enforces rapid takedown of deepfakes on social media
India has introduced new regulations requiring social media platforms to remove deepfake content within a maximum of two hours. These rules, which will take effect on February 20,…