Welcome again to Week in Review. This week, we’re diving into OpenAI’s $6.6 billion fundraising spherical, the fifth Cybertruck recall in lower than a 12 months, and a neat undertaking that’s Shazam-ing songs heard on a San Francisco road. Let’s get into it.
OpenAI closed the most important VC spherical of all time this week. The startup introduced it raised $6.6 billion in a funding spherical that values OpenAI at $157 billion post-money. Led by earlier investor Thrive Capital, the brand new money brings OpenAI’s whole raised to $17.9 billion, in line with Crunchbase. As a part of the spherical, OpenAI additionally secured an enormous credit score line.
ElevenLabs is being approached by present and new buyers a couple of new spherical, which might worth the corporate as excessive as $three billion, TechCrunch has realized. The 2-year-old firm focuses on making AI instruments to generate artificial voices for narrating audiobooks in addition to real-time video dubbing into different languages.
Elon Musk’s X is now price much less than 1 / 4 of its $44 billion buy worth, in line with a brand new estimate from investor Fidelity. The asset supervisor’s Blue Chip Growth Fund now values its stake in X at roughly $4.19 million, implying that it’s at present valuing X at about $9.Four billion general.
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News
Another Cybertruck recall: This time as a result of the rearview digicam picture could also be delayed by two seconds after shifting into reverse, and the show could seem clean for as much as eight seconds when the car is in reverse. Read extra
Generate infinite Moo Dengs: Meta’s newest Movie Gen mannequin turns textual content prompts into quick, comparatively sensible movies with sound. It’s purely an AI analysis idea, and, properly, Meta isn’t giving it a public launch. Read extra
SB 1047 vetoed: California governor Gavin Newsom vetoed controversial AI invoice SB 1047. The invoice that might have made firms chargeable for implementing security protocols was opposed by many in Silicon Valley, together with OpenAI. Read extra
Analyze this: Meta has clarified that whereas photographs and movies captured with Ray-Ban Meta will not be used to coach its AI, that media falls below a totally completely different set of insurance policies when you ask Meta AI to research them. Read extra
The sounds of San Francisco: A solar-powered field with an Android telephone operating Shazam 24/7 was put in on a San Francisco road pole to establish bops within the wild. The songs are uploaded to an internet site so you’ll be able to hear the sounds of town from wherever you’re. Read extra
A safer VPN: The greatest encrypted VPN is one that you’ve got arrange and secured your self, not one from a paid VPN service. Here’s a helpful information on easy methods to make one in 15 minutes. Read extra
The anti-productive note-taking app: Napkin is a note-taking app on iOS that wishes to face out towards the remaining by specializing in mindfulness and psychological wellness moderately than productiveness and utility. Read extra
Backlash for Y Combinator: Y Combinator is being criticized for backing PearAI. The startup’s founder has brazenly mentioned that it’s a cloned copy of one other undertaking, however PearAI’s misstep was to slap its personal made-up closed license on its undertaking that was written by ChatGPT. Read extra
Make iOS 18 give you the results you want: iOS 18 brings vital adjustments to the Control Center — together with the power to make use of third-party apps. Here are some iOS 18-ready apps that may make your Control Center extra helpful. Read extra
A brand new solution to work together with ChatGPT: OpenAI has a brand new “Canvas” workspace that lets customers generate writing or code and have the mannequin counsel edits and supply suggestions for a extra collaborative workflow. Read extra
