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OpenAI CFO tells shareholders enterprise revenue has overtaken ChatGPT

Artificial Intelligence, Business, Digital Marketing, OpenAI, SEO Tips, Technology /

OpenAI’s enterprise business now generates more revenue than its consumer business, finance chief Sarah Friar told shareholders on Friday, months earlier than the company had forecast. Its annualised run rate has reached $40bn, roughly double a year ago. OpenAI now makes more money from businesses than from ChatGPT subscribers. Finance chief Sarah Friar told shareholders […]

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ASU’s content creation degree grades your follower count

Business, Digital Marketing, Europe, Future of work, SEO Tips, social media, Technology, United States /

The programme sits inside the Walter Cronkite School of Journalism and Mass Communication. The first cohort enrols this autumn. The Associated Press reported the launch and the backlash on 14 August. Kaitlyn Huamani, who covers social media and internet culture, wrote it. ASU declined an interview request about the new degree. The university’s own documents […]

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Canva’s backers cut $7.1bn from its valuation, and its own valuer cut more

Artificial Intelligence, Business, Design, Digital Marketing, Finance, SEO Tips, Startups and technology, Technology /

Emma Rapaport and Paul Smith reported the markdown for the Australian Financial Review on 14 August. The figure appears two ways and both are correct. It is $7.1bn in US dollars, and A$10bn, which is the number most headlines carried. The cut takes Blackbird and Airtree’s mark from $42bn to $34.9bn, a drop of 17%. […]

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SpaceX has closed its $60bn Cursor deal, and Cursor was buying a company the day before

Artificial Intelligence, Business, Digital Marketing, Merge and Acquisition, SEO Tips, Technology, United States, xAI /

SpaceX confirmed completion in a regulatory filing. Bloomberg’s Carmen Arroyo and Natasha Mascarenhas reported the close. The desk covered the binding agreement in June, when SpaceX filed an 8-K and said it expected to complete in the third quarter, subject to regulatory approval. That approval has now happened, on the schedule the filing set out. […]

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Arm’s co-founder says AI will create more value than any revolution before it, and be a rollercoaster

Artificial Intelligence, Business, Deep tech, Digital Marketing, Europe, SEO Tips, Technology, UK /

Hauser sat down with CNBC’s The Tech Download podcast this month. Arjun Kharpal and Kai Nicol-Schwarz published the write-up on 14 August. His track record is the reason to listen. He co-founded Acorn Computers in 1978, helped create Arm, and now backs European deep-tech startups through Amadeus Capital. That is four decades of watching technology […]

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Five of Europe’s biggest companies just bought compute Mistral has not built

Artificial Intelligence, Business, China, Deep tech, Digital Marketing, Europe, SEO Tips, Technology /

Mistral set out the plan on 11 August. Its own announcement covers three things at once. Regional endpoints are now generally available, letting customers pick Europe or the US for inference. A Priority Tier in public preview adds custom rate limits and an uptime commitment. The third part is the one that funds the other […]

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Tesla ended Sweden’s longest strike by buying out every last striker

Business, Cars, Digital Marketing, Europe, Future of work, SEO Tips, Technology, Tesla /

The union announced it on 13 August. Its own statement sets the end at one minute past midnight on Wednesday 19 August. The strike began on 27 October 2023 with about 120 mechanics across seven Swedish workshops, Electrek noted. It became the longest industrial conflict in modern Swedish history. Tesla never signed a collective agreement, […]

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Trump’s drone tariffs reach 100%, and Europe gets capped at 15%

Business, Digital Marketing, Drones, Europe, Government and policy, SEO Tips, Technology, United States /

Donald Trump signed the proclamation on 13 August. It carries the title Adjusting Imports of Unmanned Aircraft Systems and Unmanned Aircraft Systems Components into the United States. It rests on Section 232 of the Trade Expansion Act of 1962, the national security clause, and on Section 604 of the Trade Act of 1974. The rates, […]

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Reddit is joining the S&P 500 with its stock down 31% this year

Artificial Intelligence, Business, Digital Marketing, Finance, SEO Tips, social media, Technology, United States /

The index provider announced the change on 13 August, in a release issued at 18:12 in New York. Reddit enters under the Communication Services sector. It trades on the New York Stock Exchange as RDDT. A second change follows two days later. Sun Communities replaces Webster Financial in the S&P MidCap 400 on 20 August. […]

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