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Zuckerberg planned to sell his home, so Meta built him a wealth tax deal

Business, Digital Marketing, Meta, Next Featured, Politics, SEO Tips, Technology, United States /

Meta says Mark Zuckerberg “would effectively be paying to serve” as its chief executive if California taxes its billionaires. So it is creating new shares he can sell to cover the bill. In return, he has promised to stay in the state, an SEC filing published on Wednesday shows. The deal followed months of talks […]

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OpenAI signs AI safety research deal with Poland’s NASK institute

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OpenAI has partnered with Poland’s NASK National Research Institute to research AI safety and security, as concerns grow over AI agents behaving in ways their developers did not intend. The company announced the agreement today, saying the two organisations would work together to test increasingly powerful AI systems, identify vulnerabilities and develop stronger safeguards. The […]

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Uber gives more than 30,000 staff OpenAI’s ChatGPT Work agent

Artificial Intelligence, Business, Digital Marketing, Next Featured, OpenAI, Ride-share, SEO Tips, Technology /

Uber is rolling out ChatGPT Work, OpenAI’s office-task agent, to more than 30,000 employees after a 1,000-person pilot, OpenAI said. It connects to Gmail, Drive and Slack and runs on GPT-6.1 Sol by default. The move comes as Uber tries to rein in its AI spending. Uber is giving more than 30,000 employees access to […]

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Ex-OpenAI science head Kevin Weil launches Warp Sciences with $215M

Artificial Intelligence, Digital Marketing, Health tech, Investors and funding, Next Featured, OpenAI, SEO Tips, Technology /

Kevin Weil, who led OpenAI for Science, has launched Warp Sciences with $215M led by Lightspeed, valuing it at $865M, Bloomberg reported. It is building an automated lab in the US for a drug development step that pharma companies have long outsourced to Chinese firms such as WuXi AppTec. Kevin Weil, who led OpenAI’s science […]

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Musk says training Tesla’s Optimus robots is like raising a toddler

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Tesla needs to build between 10,000 and 20,000 Optimus humanoid robots so they can learn to perform tasks through practice, Elon Musk said during the company’s third-quarter earnings call on 21 October. Tesla has only recently started production on a new Optimus line in Fremont, California. “In order for Optimus to get the training data […]

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Boomi CEO Steve Lucas says AI now reviews half its accounts payable

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Boomi is approaching $1bn in recurring revenue, chairman and chief executive Steve Lucas told TNW. The integration company has tripled its revenue in the four years since he joined in 2022, he said. It helps that Boomi does data, and “AI needs data,” he said. Trillions are spent on AI every year, and Boomi is […]

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Getty Images files for bankruptcy, pushes ahead with plan to go private

Artificial Intelligence, Business, Digital Marketing, Media, Next Featured, SEO Tips, Technology, United States /

Getty Images filed for Chapter 11 bankruptcy in Delaware on Wednesday. The Getty family and Koch Equity Development will put in up to $533M and own the whole company, which expects to finish the process by year-end. The filing follows a failed Shutterstock merger and growing competition from AI images. Getty Images filed for Chapter […]

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Electronic Arts to cut 400 jobs and shut down Mass Effect studio BioWare

Business, Digital Marketing, Gaming, Next Featured, SEO Tips, Technology, United States /

Electronic Arts will close BioWare, the studio behind Mass Effect and Dragon Age, and cut about 400 jobs, roughly 3% of staff, Bloomberg reported. The next Mass Effect game and a planned Sims project are cancelled. EA went private in a $55B buyout in August. Electronic Arts will shut down BioWare, the studio behind the […]

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Swedish legal AI firm Legora raises $550M led by Atreides at $8.8B valuation

Digital Marketing, Investors and funding, Next Featured, SEO Tips, Technology /

Swedish legal AI startup Legora has raised $550 million in a Series E funding round, bringing its valuation to $8.8 billion. US investment firm Atreides Management led the round, with several new and existing investors participating. Five new investors joined the round: Baron Capital, Capital Group, Fidelity Management & Research Company, Glade Brook Capital Partners, […]

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Protesters heckle Huang in Berlin over Nvidia chips in Russian drones

Defence, Digital Marketing, Europe, Government and policy, Next Featured, SEO Tips, Sustainability, Technology /

Protesters interrupted Jensen Huang’s keynote at Nvidia’s GTC Berlin conference on Wednesday, asking what the company is doing about Nvidia chips reported in Russian drones. Security staff led them out, and Nvidia’s chief executive carried on with his talk. The protesters stood on chairs and held up a banner with a Greenpeace logo. It told […]

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