OpenAI just raised another $40 billion round led by SoftBank

OpenAI has raised $40 billion in a new investment round led by SoftBank, vaulting the company to a $300 billion valuation. It’s the largest funding round for a private tech company in history, according to CNBC. OpenAI is set to receive $10 billion up front (SoftBank will invest $7.5 billion along with $2.5 billion “from…

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OpenAI raises $40B at $300B post-money valuation

OpenAI on Monday announced that it closed one of the largest private funding rounds in history. According to a blog post on the company’s website, OpenAI raised $40 billion in a round that values the company at $300 billion post-money. SoftBank led the financing, CNBC reported. Other participants included Microsoft, Coatue, Altimeter, and Thrive, all…

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Fashion startup CaaStle appears to be in trouble

CaaStle, a startup that launched in 2011 as a plus-sized clothing subscription service and in 2018 became an inventory monetization platform for clothing retailers, is facing financial difficulties, reports Axios. The company is almost out of money, CEO Christine Hunsicker has resigned, and law enforcement is investigating alleged financial misconduct, Axios reported, citing a leaked…

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The space race heats up: all the news on the latest rocket launches

A SpaceX Falcon 9 rocket lifts off from launch pad 30A at the Kennedy Space Center, carrying four astronauts to the Space Station. | Photo by Manuel Mazzanti/NurPhoto via Getty Images The commercial space industry is booming, and it’s only expected to keep growing as more billionaire-led companies send rockets into the sky. Elon Musk’s…

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iOS 18.4 Features: Everything New in iOS 18.4

iOS 18.4 is the fourth major update to the iOS 18 operating system that first came out last September, and it adds a long list of new features. Some features are limited to Apple’s newer and more powerful iPhone models, while others are available to all ‌iOS 18‌ users. This guide covers everything new in…

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