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OpenAI closes funding at $157 billion valuation, as Microsoft, Nvidia, SoftBank join round

OpenAI has closed its long-awaited funding round at a valuation of $157 billion, including the $6.6 billion the company raised…

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Tesla stock slips after EV maker misses estimates on deliveries

Tesla posted its third-quarter vehicle production and deliveries report on Wednesday. The stock fell as much as 3.7% after the report.…

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Facebook owner Meta forms data-sharing pact with UK banks to counter scams

Jakub Porzycki | Nurphoto | Getty Images Facebook parent company Meta on Wednesday said that it’s working with two leading…

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Ireland reveals how it plans to spend ‘transformational’ $14 billion Apple tax windfall

Pedestrians on Anne Street South in Dublin, Ireland, on Thursday, March 28, 2024. Bloomberg | Bloomberg | Getty Images Ireland’s…

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Cybersecurity firm Proofpoint considers pre-IPO funding as it plots a return to public markets

Sumit Dhawan, CEO of Proofpoint, took the reins as head of the cybersecurity company in 2022, a year after it…

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AI chipmaker Cerebras files for IPO to take on Nvidia

Andrew Feldman, co-founder and CEO of Cerebras Systems, speaks at the Collision conference in Toronto on June 20, 2024. Ramsey…

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California governor vetoes contentious AI safety bill

California Governor Gavin Newsom speaks to the press ahead of the presidential debate between US Vice President and Democratic presidential…

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Spotify down for more than 40,000 users in the U.S., Downdetector says

Dilara Irem Sancar | Anadolu | Getty Images Audio streaming platform Spotify was down for thousands of users on Sunday,…

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Inside one of the first all-female hacker houses in San Francisco

For Molly Cantillon, living in a hacker house wasn’t just a dream, but a necessity. “I had lived in a…

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OpenAI sees roughly $5 billion loss this year on $3.7 billion in revenue

Sam Altman, CEO of OpenAI, at the Hope Global Forums annual meeting in Atlanta on Dec. 11, 2023. Dustin Chambers…

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