ChatGPT's mobile app revenue saw biggest spike yet following GPT-4o launch

Consumer demand for the latest AI technology is heating up. The launch of OpenAI’s latest flagship model, GPT-4o, has now driven the company’s biggest-ever spike in revenue on mobile, despite the model being freely available on the web. GPT-4o, launched last Monday, can handle text, speech, and video, and delivers …...Read More

Bumble buys community building app Geneva to expand further into friendships

Dating app maker Bumble has acquired Geneva, an online platform built around forming real-world groups and clubs. The company said that the deal is designed to help it expand its focus from “one-to-one connections to groups and communities” — friendships, in other words. Terms of the deal were not disclosed, …...Read More

CyberArk snaps up Venafi for $1.54B to ramp up in machine-to-machine security

More cybersecurity consolidation coming your way, with bigger players picking up startups that will help them bolt on tech to meet the ever-expanding attack surface for enterprises as they move more activity into the cloud. In the latest development, CyberArk — one of the army of larger security companies founded …...Read More

OpenseedVC, which backs operators in Africa and Europe starting their companies, reaches first close of $10M fund

Founder-market fit is one of the most crucial factors in a startup’s success, and operators (someone involved in the day-to-day operations of a startup) turned founders have an almost unfair advantage in finding that fit. Data shows that a lack of expertise and business acumen in founders contributes to failed …...Read More

Pine Labs gets Singapore court approval to shift base to India

Pine Labs, a merchant commerce startup, has received approval from a Singapore court to merge its local entity with its Indian unit, and transfer all its assets and properties, effectively permitting the firm to shift its operations to India. Pine Labs disclosed the court order in a recent regulatory filing …...Read More

UK opens office in San Francisco to tackle AI risk

Ahead of the AI safety summit kicking off in Seoul, South Korea later this week, its co-host the United Kingdom is expanding its own efforts in the field. The AI Safety Institute – a U.K. body set up in November 2023 with the ambitious goal of assessing and addressing risks …...Read More

Why companies are turning to internal hackathons

Companies are always looking for an edge, and searching for ways to encourage their employees to innovate. One way to do that is by running an internal hackathon around a theme and having employees attack a problem together. It not only brings in new ideas and new ways to solve …...Read More

I’m rooting for Melinda French Gates to fix tech's broken ‘brilliant jerk’ culture

On Monday, Melinda French Gates resigned from the philanthropy organization she ran with ex-husband Bill Gates. That she left is less surprising than that she stayed as long as she did. The couple divorced in 2021. In August 2021, the charity organization told CNN that it was doing a two-year …...Read More

Blue Origin successfully launches its first crewed mission since 2022

Blue Origin has successfully completed its NS-25 mission, resuming crewed flights for the first time in nearly two years. The mission brought six tourist crew members to the edge of space, including artist and former Air Force Captain Ed Dwight. In 1961, Dwight was selected by President John F. Kennedy …...Read More

Hollywood agency CAA aims to help stars manage their own AI likenesses

Creative Artists Agency (CAA), one of the top entertainment and sports talent agencies, is hoping to be at the forefront of AI protection services for celebrities in Hollywood. With many stars having their digital likeness used without permission, CAA has built a virtual media storage system for A-list talent — …...Read More