OpenAI raises $110 billion in latest round, valuing firm at US$730 billion
OpenAI announced a massive $110 billion investment round—vaulting the company at a $730 billion—thanks to funding from Amazon, NVIDIA and SoftBank, it announced Friday.
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Aussie cybersecurity firm UpGuard ascends with $105 million raise
Exclusive: NY-based Springcoast Partners led the round, joined by Australia’s Square Peg, which has partnered with the firm since inception, and US firms August Capital and Pelion Venture Partners.
Warner Bros. Discovery says Paramount’s new bid might top Netflix’s
Netflix allowed the legacy media company to reopen talks with Paramount.
Appetite for data: This husband-and-wife duo just raised $7m to decode the Aussie shopping cart
Exclusive: What started as a recipe planning app became a behavioural insights company that has tripled revenue in 6 months. Here’s how the founders identified and capitalised on the FMCG opportunity.
‘Delete that, or you will be held in contempt’: Judge blasts Zuckerberg’s team over Meta glasses
Zuckerberg is testifying in a lawsuit accusing Meta of operating platforms that are addictive and harmful to children.
Software stocks—Oracle, Intuit, more—fall as Anthropic’s latest Claude model fuels AI concerns
The Google- and Amazon-backed AI startup fueled a global selloff in software stocks earlier this month.
Gene editing has struggled to go commercial. This Nobel laureate has a $1 billion plan to fix that
Crispr’s ability to cut genetic code like scissors has just started to turn into medicines. Now, gene editing pioneer Jennifer Doudna wants to build an entire ecosystem to bring these treatments mainstream.
Laurence Escalante became a billionaire from his online casino – Now his luck may have run out
With a $1.1 billion fortune, Virtual Gaming Worlds founder Laurence Escalante enjoys a life of private jets, superyachts and exotic cars. But with his recent arrest on assault and drug charges, the party could be be over.
Brisbane startup Cortisonic emerges from stealth with a chip built on sound, not electricity
AI companies have long been fighting to get their hands on GPUs. This week, a stealthy Queensland startup came out with a chip that computes using sound waves, rather than electricity, and may one day be an alternative to in-demand GPUs.
Melinda French Gates suggests Bill Gates’ Epstein ties caused marriage to end
Bill Gates and his ex-wife separated in 2021.