OpenAI, not yet public, raises $3B from retail investors in monster $122B fund raise
OpenAI’s latest funding round, led by Amazon, Nvidia, and SoftBank, values the AI lab at $852 billion as it nears an IPO.
It’s not your imagination: AI seed startups are commanding higher valuations
Among the most recent Y Combinator cohort, many startups were commanding $40 million valuations. But with more money comes higher expectations.
Meta was finally held accountable for harming teens. Now what?
Meta faces thousands more court cases while Congress has proposed numerous bills addressing children’s online safety, some heavily criticized.
Go play this secret game in your TikTok DMs
The game is available globally and can be accessed in both one-on-one DM chats and in group chats.
Caller ID app Truecaller hits 500 million monthly users
Truecaller now has more than 4 million paying users across the world.
Yupp.ai shuts down after raising $33M from a16z crypto’s Chris Dixon
Less than a year after launching, with checks from some of the biggest names in Silicon Valley, crowdsourced AI model feedback startup Yupp.ai is closing its business, the company said Tuesday.
Social gaming platform Rec Room, once valued at $3.5B, is shutting down
Rec Room, the social platform for user-generated games and virtual experiences, will shutter on June 1.
Alexa+ gets new food ordering experiences with Uber Eats and Grubhub
You can now order from Uber Eats and Grubhub using Alexa+, an experience Amazon says will be similar to chatting with a waiter at a restaurant or placing an order at a drive-thru.
Whoop’s valuation just tripled to $10 billion
The fitness tracking startup just closed a $575 million Series G with Cristiano Ronaldo and LeBron James among its investors. The obvious question looming over a round of this size at this valuation: Is an IPO coming?
Uber increases stake in WeRide as robotaxi partnership ramps up in Dubai
Uber and WeRide have launched robotaxi operations without a human safety operator in Dubai as part of a broader expansion in the Middle East.