OpenAI, not yet public, raises $3B from retail investors in monster $122B fund raise
OpenAI’s latest funding round, led by Amazon, Nvidia, and SoftBank, values the AI lab at $852 billion as it nears an IPO.
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Category: Latest Tech News
Social gaming platform Rec Room, once valued at $3.5B, is shutting down
Rec Room, the social platform for user-generated games and virtual experiences, will shutter on June 1.
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It’s not your imagination: AI seed startups are commanding higher valuations
Among the most recent Y Combinator cohort, many startups were commanding $40 million valuations. But with more money comes higher expectations.
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Yupp shuts down after raising $33M from a16z crypto’s Chris Dixon
Less than a year after launching, with checks from some of the biggest names in Silicon Valley, crowdsourced AI model feedback startup Yupp is closing…
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Meta was finally held accountable for harming teens. Now what?
Meta faces thousands more court cases while Congress has proposed numerous bills addressing children’s online safety, some heavily criticized.
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