OpenAI completes its for-profit recapitalization
OpenAI has completed its recapitalization, splitting the AI lab into a for-profit corporation nested inside a non-profit foundation.
TechCrunch Disrupt 2025: Day 2
Second day of TechCrunch Disrupt 2025 at San Francisco’s Moscone West. Here’s the rundown to what to expect, including the 50% discount on passes for remainder of the event.
Amazon to cut 14,000 corporate jobs
Amazon said on Tuesday that it plans to reduce its corporate workforce by 14,000 jobs as it seeks to reduce bureaucracy, remove layers and invest more in its AI strategy.
IBM Makes Quantum Breakthrough With Off-the-Shelf Chips
IBM achieved a new quantum milestone by running an error-correction algorithm on standard AMD FPGA chips, reaching 10x faster speeds and advancing its 2029 Starling quantum computer project. The post IBM Makes
Adobe launches AI assistants for Express and Photoshop
Adobe today released new AI assistants Creative Cloud products, Express and Photoshop, that can help users with image creation and editing.
Adobe Firefly Image 5 brings support for layers, will let creators make custom models
Adobe said on Tuesday that it is launching the latest iteration of its image generation model, Firefly Image 5. The company is also adding features to the Firefly website, support for more third-party models, and
PayPal partners with OpenAI to let users pay for their shopping within ChatGPT
Paypal said on Tuesday that it is adopting a protocol in combination with OpenAI’s “Instant Checkout” feature to let users pay for their shopping directly within ChatGPT, starting in 2026.
OpenAI offers free ChatGPT Go for one year to all users in India
ChatGPT Go is now free for Indian users under a limited-time promotional offer.
Venture capital is not an asset class, says Sequoia’s Roelof Botha
Sequoia’s managing partner Roelof Botha noted that there are currently 3,000 venture firms in the United States, while there were just 1,000 when he joined Sequoia 20 years ago.
CEO of Alphabet’s X, Astro Teller, on what makes a moonshot
Teller says X has a 2% hit rate, which means that most of the things the company tries don’t work out, and that’s okay.