OpenAI might increase its valuation to $100 billion, as per reports. Nvidia and Apple are in talks to contribute to the company’s next fundraising round, with Thrive Capital leading the deal if it happens, according to The New York Times. OpenAI reportedly made over $3.4 billion in revenue early this year, but it is projected to lose $5 billion by the end of the year as it expands its AI training and staffing efforts.
X is marking some links on NPR’s website as “unsafe.” Users who click to read the latest story about an altercation between a Trump campaign staffer and an Arlington National Cemetery employee receive a warning usually associated with malicious links. It remains unclear why NPR’s site triggered this warning, but it raises questions about whether X is actively trying to prevent the news story from spreading.
Lyft’s new pilot program aims to help drivers verify riders’ identities in an initiative to enhance its security measures. Riders will now see a verification badge next to their profile, indicating that Lyft has confirmed they are using their legal name. The new program is rolling out in markets like Atlanta, Chicago, Denver, Detroit, Houston, Jacksonville Miami, Phoenix, and Seattle.
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News
ChatGPT won’t win a spelling bee anytime soon. Users have noticed that when asked about the number of times the letter “r” appears in the word “strawberry,” ChatGPT answers with twice. The reason is that the LLMs powering AI chatbots do not actually read the information they are ingesting.
Apple is reportedly cutting around 100 jobs in its digital services group, affecting teams working for the Apple Books app and Apple News.
Plaud’s AI-powered NotePin, focused on note-taking, is the latest AI innovation.
Spotify accuses Apple of violating the Digital Markets Act by discontinuing technology that allows Spotify users to control connected devices’ volume with physical buttons on their iPhone.
Tesla has deleted all blog posts before 2019, erasing the company’s digital history without explanation.
Google trains its Gemini AI model with 300 million pieces of audio to identify health issues and predict early signs of disease.
Analysis
What it’s like to fly through Seattle’s hacked airport: Seattle-Tacoma Airport is largely offline after a cyberattack on the Port of Seattle’s systems, causing chaos among travelers and emphasizing the importance of cybersecurity. TechCrunch’s Devin Coldewey shares his experience and the lessons learned from the cyberattack.
Read More
Bolt threatens to sue Silverbear Capital, reports say