1+ day, 23+ hour ago   (403+ words) OpenAI CEO Sam Altman told employees in a company-wide meeting that the firm is considering slowing down its development of cutting-edge artificial intelligence, Bloomberg reported Friday (Sept. 11), citing unnamed sources. Altman said that he hopes other AI labs will join…...

1+ day, 7+ hour ago   (342+ words) Artificial intelligence startup Cohere is in advanced talks to raise between $2 billion and $3 billion at a valuation of $20 billion, The Globe and Mail reported Friday (Sept. 11). The deal could close as soon as next week, although it has not been…...

1+ day, 7+ hour ago   (326+ words) Rent the Runway appointed its chief commercial officer and Nordstrom veteran, Paige Thomas, as CEO, president and member of the board of directors, the company said in a Friday (Sept. 11) press release. Thomas joined the company as CCO in June....

1+ day, 9+ hour ago   (478+ words) AI is collapsing the walls between venture capital and infrastructure finance. Nvidia’s rise to the top of the $100M-plus funding round leaderboard shows that startups are increasingly being financed alongside the compute, power and data centers they need to scale....

2+ day, 5+ hour ago   (333+ words) Nasdaq Ventures has agreed to invest $100 million in Payward, the parent company of Kraken, Nasdaq said in a Thursday (Sept. 10) press release. The investment of part of a broader expansion of the partnership between Nasdaq and Payward that will also…...

2+ day, 5+ hour ago   (318+ words) Cybersecurity will be the artificial intelligence industry’s next big market, in part because of the capabilities of new AI models set to be released by AI labs, Nvidia Founder and CEO Jensen Huang said Thursday (Sept. 10). Because those who can…...

2+ day, 8+ hour ago   (319+ words) Cash App is piloting a new experience that helps eligible sole proprietors accept peer-to-peer payments and manage their earnings in their personal Cash App account, the company said in a Thursday (Sept. 10) press release. This experience does not require a…...

2+ day, 8+ hour ago   (341+ words) Instacart launched Clementine on Wednesday (Sept. 9) in the United States and Canada, an AI assistant that turns a message like “high-protein easy dinners for two” into a ready-to-buy cart, built on 1.6 billion lifetime orders and 10 million daily inventory signals. It’s…...

2+ day, 12+ hour ago   (510+ words) The Supreme People’s Court said it would continue to adjudicate monopoly disputes while refining the legal standards governing such cases, China Daily reported. The effort is intended to provide stronger judicial backing for China’s push to establish a unified national…...

2+ day, 9+ hour ago   (484+ words) Nu, which has built its digital bank in Latin America over the past 13 years, entered the United States with a full suite of products, the company said in a Thursday (Sept. 10) press release. Nu launched in the U.S. through a partner…...