As OpenAI files for IPO, Sam Altman’s eye-scanning company is doing layoffs, report says
Tools for Humanity, Sam Altman’s identity verification company, is reportedly struggling to generate revenue and will downsize its staff.
In Brief
Sam Bankman-Fried applies for a pardon from Trump
The FTX co-founder is serving a 25-year sentence, doled out in 2024.
Reid Hoffman is leaving Microsoft’s board to go ‘founder mode’ with startup Manus
After a very profitable decade on Microsoft’s board, Reid Hoffman is stepping down to focus on his AI drug discovery startup Manus.
NSA said to be readying Anthropic’s Mythos for use in cyber operations
The U.S. eavesdropping agency is reportedly preparing Anthropic’s Mythos for use in cyberattacks, despite a federal ban on using the AI model maker.
Airbnb’s Brian Chesky plans to launch a new AI lab
The Airbnb CEO said last year it hasn’t struck an LLM partnership because existing products weren’t quite ready.
Uber caps employee AI spending after blowing through budget in four months
Uber’s cutback has occurred after the company had reportedly encouraged staff to use AI as much as possible.
Alphabet plans to raise $80B to pay for AI buildout
“The company is experiencing strong demand for its AI solutions and services from enterprises and consumers, at levels that are exceeding the company’s available supply,” Alphabet said in its statement.
After Nvidia’s $20B not-aqui-hire, AI chip startup Groq reportedly raising $650M
Chipmaker Groq is looking to raise $650 million in internal funding as it pivots from hardware to focus more on AI inference, the process of refining the way AI models respond to prompted requests, per Axios.
After Nvidia’s $20B not-acqui-hire, AI chip startup Groq reportedly raising $650M
Chipmaker Groq is looking to raise $650 million in internal funding as it pivots from hardware to focus more on AI inference, the process of refining the way AI models respond to prompted requests, per Axios.
SpaceX’s Starlink nabs American Airlines contract, another win for its IPO
American Airlines said Tuesday it plans to install Starlink on more than 500 Airbus aircraft, the latest carrier win for IPO-bound SpaceX.