Maria Deutscher
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OpenAI reveals its data center capacity tripled to 1.9GW in 2025
OpenAI Group PBC on Sunday shared new information about its financial performance and data center construction efforts. Chief Financial Officer Sarah Friar disclosed in a blog post that its annualized recurring revenue topped $20 billion last year. That’s up from $6 billion in 2024 and $2 billion the year before. In the same time frame, ...
Meta to stop selling Quest headsets to businesses, discontinue multiple VR features
Meta Platforms Inc. will stop selling its Quest virtual reality headsets to business customers and discontinue a number of software services that run on the devices. The company announced the move on Thursday. The decision is not unexpected: Earlier this week, Meta laid off more than 1,000 staffers from the Reality Labs business unit that ...
OpenAI to start testing ChatGPT ads across free, Go tiers
OpenAI Group PBC today announced plans to display ads in ChatGPT. The company will start showing promoted offers to U.S. adults with free accounts in the coming weeks. Ads will also be displayed to consumers with a ChatGPT Go subscription. The plan, which became available in the U.S. today, costs less than half as much as ...
Database maker ClickHouse raises $400M, acquires AI observability startup Langfuse
Open-source database maker ClickHouse Inc. today announced that it has closed a $400 million late-stage funding round at a $15 billion valuation. The Series D investment, which comes about six months after the company’s previous raise, was led by Dragoneer. It was joined by GIC, Index Ventures, Khosla Ventures, Lightspeed Venture Partners, T. Rowe Price ...
OpenAI quietly launches ChatGPT Translate with support for 25 languages
OpenAI Group PBC today launched ChatGPT Translate, a free translation service hosted on a standalone web page. The rollout wasn’t accompanied by an announcement, which hints that the service may be a prototype. In July 2024, OpenAI launched a search engine called SearchGPT with the goal of collecting user feedback about its information retrieval features. ...
OpenAI invests in brain-computer interface developer Merge Labs
OpenAI Group PBC has invested in Merge Labs Inc., a startup developing hardware that will enable users to control computers with their thoughts. The large language model provider announced the deal today. Bloomberg described the investment as a $252 million seed round, while TechCrunch cited a source as saying that Merge Labs raised $250 million. Besides ...
TSMC tops revenue expectations amid strong demand for advanced nodes
Continuing its growth streak, Taiwan Semiconductor Manufacturing Co. today posted fourth-quarter revenue and profit numbers that easily topped the consensus estimate. The company also disclosed that it plans to boost its capital expenditure significantly this year. TSMC’s revenue rose 20.5% year-over-year in the fourth quarter, to 1.046 trillion new Taiwan dollars, or $33.73 billion. Analysts ...
Alpaca raises $150M to grow its brokerage account management platform
Financial technology startup AlpacaDB Inc. today announced that it has raised $150 million in funding at a $1.15 billion valuation. The Series D round was led by Drive Capital. It also drew contributions from more than a dozen other backers including the venture capital arms of BNP Paribas and Mitsubishi UFJ Financial Group, two of ...
Google introduces Personal Intelligence personalization tool for Gemini
Google LLC today debuted a tool called Personal Intelligence that will enable consumers to tailor its Gemini chatbot to their preferences. The tool will initially be available to a limited number of paying users in the U.S. Google plans to expand access over time. Consumers can enable Personal Intelligence through a new option in the ...
Robot software startup Skild AI raises $1.4B round backed by Nvidia, Jeff Bezos
Skild AI Inc., a startup that develops artificial intelligence software for robots, has raised $1.4 billion from a group of prominent investors. Today’s funding announcement comes about a month after reports of the funding round first emerged. Skild AI has raised about $400 million more than expected. The consortium that provided the capital was led by ...