The gap between AI insiders and everyone else is widening, and the spending, suspicion, and even new vocabulary are starting to show it. While OpenAI is busy buying up everything from finance apps to talk shows, a certain shoe company just rebranded as an AI infrastructure play, and Anthropic unveiled a model it says is too powerful to release publicly …but apparently not too […]
The acquisition indicates a capability that OpenAI is building into ChatGPT: financial planning.
Grab will acquire Delivery Hero’s Foodpanda business in Taiwan for $600 million, expanding beyond Southeast Asia and setting up a closer challenge to Uber Eats in a tightly contested market.
For years, venture capitalists have been skeptical of beverage startups, citing thin margins and brutal distribution as reasons most brands never break out. But a new wave of “functional soda” companies has been challenging that assumption, including Poppi, the prebiotic soda brand that grew from a kitchen experiment into a $1.95 billion acquisition by PepsiCo. On this episode of […]
The Pentagon has officially designated Anthropic a supply-chain risk after the two failed to agree on how much control the military should have over its AI models, including its use in autonomous weapons and mass domestic surveillance. As Anthropic’s $200 million contract fell apart, the DoD turned to OpenAI instead, which accepted and then watched ChatGPT uninstalls surge 295%. As the stakes keep rising, the question remains: how much unrestricted […]
Diligent Robotics is a startup that builds robots designed to assist in hospitals by delivering lab samples, supplies, and other tasks. The deal values Diligent’s common stock at $29 million.
Spotify says the database will power its new SongDNA feature.
Carbon Direct is buying Pachama as the voluntary carbon markets enter a period of uncertainty.
The company will merge Bubty and Ascen with its existing enterprise business to form a separate entity later this year.