OpenAI has told enterprise customers that its promise not to keep their data will survive the next generation of models. The company set out the position on Wednesday in a post titled “Offering Zero Data Retention for frontier models”. In it, it previe…
Munich Re has agreed to buy At-Bay, a cyber-insurance startup, for $575mn. The deal values the company at less than half what it was worth in 2021. The German insurance group announced the acquisition on Wednesday, in a statement. The price is a reset….
Waymo’s Chinese-made Ojai is now available to the public and it’s a comfy ride. Will it outcompete the others, and what will it be like when the prices drop?
OpenAI has finally put a date on its stock market debut. The company “will be a public company in 2027,” or sooner if its business keeps growing fast, chief financial officer Sarah Friar told staff at an all-hands meeting. CNBC reported the comments, c…
Navi, the Indian fintech founded by the Flipkart co-founder Sachin Bansal, has raised $100mn from the investor Prosus. It is the first outside institutional funding for the eight-year-old company, TechCrunch reported. Navi is preparing to go public. Th…
Slack is introducing dedicated channels where teams can vibe-code together with AI agents instead of jumping between different tools and conversations. The Slack Code launch includes open, project-specific code channels with dedicated user tabs, alongside features that compare coding changes and preview HTML output before the project is shipped. “With Slack Code, when you have […]
An investment firm is lending about $1.3bn to help build a giant AI data centre in Texas that will house Anthropic. It is one of the latest jumbo deals fuelling the AI boom. Eagle Point Credit Management is providing the loan, Bloomberg reported. The l…
OpenAI is bringing ads inside ChatGPT to 31 European countries, in its largest expansion of the ad business so far. The rollout starts next week, the company said in a blog post. The list runs from Germany, France, Spain and Italy to Sweden, Norway, De…
Big Tech is pouring money into local PR campaigns to win support for the data centres it needs. Opposition to the buildings is spreading across the United States. They are holding town halls, dropping tax demands and sponsoring community groups. That i…
For four generations, Rome’s Angelini family has built a $2.5 billion operation with drugs for depression and epilepsy in Europe. Now it’s bought its way into the U.S. market.