OpenAI is reportedly close to securing a valuation of an astounding $100 billion. Nvidia and Apple are said to be among the companies in discussions to invest in the AI giant’s upcoming funding round, with Thrive Capital possibly leading the charge according to The New York Times. Despite an impressive annual revenue exceeding $3.4 billion early this year, OpenAI is anticipated to incur a $5 billion loss by the year’s end due to significant investments in AI training and workforce expansion.
An interesting development in the tech world involves platform X (previously unnamed), which has begun classifying some links to NPR’s website as “unsafe.” Users who attempt to follow these links to read about an incident involving a Trump campaign staffer and an employee at the Arlington National Cemetery receive a warning typically reserved for malicious websites. The reasons behind this unusual flagging by X are still under investigation, sparking debates on whether it is an intentional move to hinder the spread of the news story.
Lyft is launching a new initiative designed to enhance safety by enabling drivers to confirm the identities of passengers. A verification badge will now appear next to user profiles, signifying that Lyft has verified the individual is operating under their legal name. This pilot program is being introduced across various U.S. cities, including Atlanta, Chicago, Denver, Detroit, Houston, Jacksonville, Miami, Phoenix, and Seattle, marking a significant step towards improved security for both drivers and riders.
This week, TechCrunch brings you a summary of the most pivotal moments in tech. From the challenges facing ChatGPT in mastering spelling to Apple’s recent layoffs and the introduction of new AI technologies, we’ve got all the noteworthy developments covered. Join us as we delve into these stories and more, offering insights into the dynamic world of technology.