OpenAI has raised $6.6 billion from investors at a post-money valuation of $157 billion, the company announced on Wednesday, cementing the ChatGPT maker’s status as one of the most valuable private companies in the world. The funding has attracted returning venture capital investors including Thrive Capital and Khosla Ventures, as well as OpenAI’s biggest corporate backer Microsoft, … Read more
OpenAI has closed its long-awaited funding round at a valuation of $157 billion, including the $6.6 billion the company raised from an extensive roster of investment firms and big tech companies. While OpenAI didn’t name the investors in Wednesday’s press release, a person with knowledge of the matter said the round was led by Thrive … Read more
Google goes all in on AI at developer event Google goes all in on AI at annual developer conference 04:47 Gmail users are getting an upgrade to their inboxes. The email app’s summary cards have been redesigned to give users a snapshot of their purchases, including shopping receipts, travel confirmations, reservations and other information that … Read more
Elon Musk’s Tesla handed over fewer vehicles than analysts expected in the third quarter as stiff competition in China and Europe hit demand for its aging models, putting the electric-vehicle maker at risk of its first-ever decline in annual deliveries. Shares of the world’s most valuable automaker fell 5% in morning trading on Wednesday and were … Read more
NEW YORK — To save power, NASA has switched off another scientific instrument on its long-running Voyager 2 spacecraft. The space agency said Tuesday that Voyager 2’s plasma science instrument — designed to measure the flow of charged atoms — was powered down in late September so the spacecraft can keep exploring for as long … Read more
Toyota is investing another $500 million in Joby Aviation as part of a partnership aimed at helping get the American air taxi company’s commercial business off the ground. Toyota’s investment will be used to support certification and production of Joby’s electric air taxi, the companies said Wednesday, and brings Toyota Motor Corporation’s total investment in … Read more
Low interest financing, sweet lease deals, price cuts and free charging boosted Tesla’s global deliveries in the third quarter, the first increase this year for the electric vehicle maker. The Austin, Texas, company said Wednesday that it delivered 462,890 vehicles from July through September, bolstered by loans as low as 1.99%, and $299 monthly leases … Read more
A worker unloads a new Tesla Model 3 from a truck at a logistics drop zone in Seattle, Washington, US, on Thursday, Aug. 22, 2024. Bloomberg | Bloomberg | Getty Images Tesla posted its third-quarter vehicle production and deliveries report on Wednesday. The stock fell about 3.5% in premarket trading after the report. Here are the … Read more
Telegram CEO Pavel Durov said his messaging service has been handing over user data to authorities for years in order to crack down on criminal activity and that “little has changed” in the app’s privacy policies since his arrest. The tech mogul who faces charges in France of facilitating child pornography and other offenses related … Read more
The Starling Bank banking app on a smartphone. Adrian Dennis | AFP via Getty Images U.K. financial regulators hit British digital lender Starling Bank with a £29 million ($38.5 million) fine over failings related to its financial crime prevention systems. In a statement on Wednesday, London’s Financial Conduct Authority said it had fined Starling “for … Read more