OpenAI, not yet public, raises $3B from retail investors in monster $122B fund raise

OpenAI, not yet public, raises $3B from retail investors in monster $122B fund raise

OpenAI has closed a deal to raise $122 billion at an $852 billion valuation, its largest funding round to date as the company is expected to hit the public markets this year. The round will add to OpenAI’s war chest as it spends enormous amounts of money on AI chips, data center buildouts, and hiring…

Robotaxi companies refuse to say how often their AVs need remote help

Robotaxi companies refuse to say how often their AVs need remote help

In February, Senator Ed Markey (D-MA) sent letters to seven U.S. companies working on autonomous vehicle technology with a list of questions. He especially wanted to know how often these companies’ vehicles — operated by Aurora, May Mobility, Motional, Nuro, Tesla, Waymo, and Zoox — rely on input from remote staff. They all refused to…

Yupp.ai shuts down after raising $33M from a16z crypto’s Chris Dixon

Yupp.ai shuts down after raising $33M from a16z crypto’s Chris Dixon

Sometimes an apparently good idea, a big raise from a big-name VC, and a sea of well-connected angel investors is not enough. Less than a year after launching, Yupp.ai is closing its business, co-founders Pankaj Gupta and Gilad Mishne announced on Tuesday. Yupp offered a crowdsourced AI model-picking service. It allowed consumers to test and…

Best GEO Strategies to Rank Your Brand in AI Search Engines | eAskme

Best GEO Strategies to Rank Your Brand in AI Search Engines | eAskme

Generative engine optimization (GEO) is the way to get features or rank in AI search engines. It enhances your online reach and visibility. AI search engines are expanding. Users are also adapting AI search engines more than traditional search engines. ChatGPT has 900 million active users weekly. Google AI Mode and AI overviews are ranking…

Social gaming platform Rec Room, once valued at $3.5B, is shutting down

Social gaming platform Rec Room, once valued at $3.5B, is shutting down

Rec Room, once hailed as a promising giant in the social gaming world, announced Monday it would be shutting down its platform on June 1.  If you’re a fan of the platform or have ever spent time creating or exploring in its virtual worlds, this news probably hits hard. Over the years, Rec Room attracted…

Whoop’s valuation just tripled to $10 billion

Whoop’s valuation just tripled to $10 billion

Whoop, the fitness and health tracking wearable company, has closed a $575 million Series G funding round at a $10.1 billion valuation — nearly triple its last reported valuation of $3.6 billion — in a deal that brings together sovereign wealth funds, major health institutions, and some of the world’s most recognizable athletes. The round…

Hacker hijacks Axios open-source project, used by millions, to push malware

Hacker hijacks Axios open-source project, used by millions, to push malware

A hacker has hijacked and modified a popular open-source software development tool to deliver malware that could put millions of developers at risk of being compromised. On Monday, a hacker pushed malicious versions of the widely used JavaScript library called Axios, which developers rely on to allow their software to connect to the internet. The…

Nomadic raises $8.4 million to wrangle the data pouring off autonomous vehicles

Nomadic raises $8.4 million to wrangle the data pouring off autonomous vehicles

To build the autonomous machines of the future, sometimes your model needs a model.  Companies developing self-driving cars, robots manipulating the physical environment, or autonomous construction equipment collect thousands, if not millions, of hours of video data for evaluation and training.  Organizing and cataloging that video is now a job for humans, who have to…

Waymo starts robotaxi services at San Antonio International Airport

Waymo starts robotaxi services at San Antonio International Airport

Waymo’s robotaxi service is going live at its fourth airport today: San Antonio International. The company said its vehicles will drop off riders curbside at the terminals, and pick up passengers at the airport’s designated ride-share area. This is the first airport Waymo is servicing in Texas, where the company currently operates in San Antonio,…