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OpenAI is reportedly raising funds at a valuation of $80 billion to $90 billion

OpenAI is in discussions to possibly sell shares in a move that would boost the company’s valuation from $29 billion to somewhere between $80 billion and $90 billion, according to a Wall Street Jour

YouTube relaxes advertiser-friendly guidelines around controversial topics, like abortion, abuse and eating disorders

YouTube today announced an update to its advertiser-friendly guidelines that relaxes some of its rules around controversial issues, including sexual and domestic abuse, abortions, and eating disorders

FCC announces plans to reinstate net neutrality

Net neutrality is back on the menu, citizens. After a long, long battle ending in eventual defeat during Trump’s presidency, the FCC is set to reinstate rules that broadband providers must treat

Open Robotics’ ROS is in safe grippers with Alphabet, says Intrinsic

The acquisition of Open Robotics received a mixed reception across the industry. “The aim of Intrinsic is to democratize the access to robotics,” says Wendy Tan White, CEO of Intrinsic.

Sierra Space raises $290M at a $5.3B valuation

Sierra Space has raised $290 million in a Series B round to scale its Dream Chaser spaceplane and commercial space station projects, bringing its valuation to $5.3 billion. The company has now raised

Why Solana, Polygon and Aptos expect the enterprise to drive mass adoption

As large enterprises enter the crypto space, there’s potential for “not only millions of users, but billions of users using web3 without even realizing it.”

TechCrunch+ Roundup: Slashing SaaS costs, FedNow’s ‘game changer,’ diverse cap tables

Software is a company’s third-largest expense, but because it’s spread across multiple departments, it’s the CFO’s responsibility to find places to cut.

Deepfake election risks trigger EU call for more generative AI safeguards

The European Union has warned more needs to be done to address the risks that widely accessible generative AI tools may pose to free and fair debate in democratic societies, with the bloc’s valu

Found: Live from TechCrunch Disrupt with cybersecurity trailblazer Window Snyder from Thistle Technologies

Welcome back to Found, the podcast where we get the stories behind the startups.

Uber is getting tighter with taxi companies

When Uber first launched its ride-hailing service, the company was more pariah than partner to the taxi industry. Some 12 years later, it seems to be the latter. Uber announced Tuesday a multi-year pa

Bootstrapping is cool once again

Network or no, startup founders are increasingly having to figure out sources of financing that's not venture capital.

The FTC just hit Amazon with a major antitrust lawsuit

The Federal Trade Commission made its big move against online shopping giant Amazon on Tuesday, accusing the company of illegally stifling competition on its way to becoming a ubiquitous retail presen

Hollywood strikes could soon extend to the video game industry

SAG-AFTRA members voted overwhelmingly on Monday to authorize a strike against the video game industry. The union — which includes video game performers like voice, motion capture and stunt acto

Kolena, a startup building tools to test AI models, raises $15M

Kolena, a startup building tools to test, benchmark and validate the performance of AI models, today announced that it raised $15 million in a funding round led by Lobby Capital with participation fro

Byju’s to cut as many as 5,000 more jobs amid business restructuring

Byju’s plans to cut as many as 5,000 jobs in the coming weeks, a person familiar with the matter said, as the Indian edtech giant looks to pare down costs amid a broader restructuring of its bus

Photo-sharing app Lapse hits top of the App Store by forcing you to invite your friends

Forget invite-only social apps, Lapse is testing a new technique to acquire its users: It forces you to invite your friends in order to get in. The reinvention of a social camera app first introduced

Alchemist Accelerator’s latest startups range from sneakernet for energy to solar panel cleaning bots

This morning is Alchemist Accelerator’s demo day, and there are 22 companies making their debut across a wide range of industries. Whether you’re building a construction business, cleaning

Tech layoffs are all but a thing of the past

Provided that tech stocks don't drop by a surprise 10%, I suspect that we're entering a period in which tech companies once again grow their headcounts

OpenAI’s GPT-4 with vision still has flaws, paper reveals

When OpenAI first unveiled GPT-4, its flagship text-generating AI model, the company touted the model’s multimodality — in other words, its ability to understand the context of images as w

Meta Connect 2023: How to watch the Quest 3 reveal

Meta’s annual Connect conference kicks off with a keynote tomorrow, September 27, at 10 AM PT/1 PM ET.  Facebook’s parent is expected to make the Meta Quest 3 the centerpiece of the event
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