Sam Altman says OpenAI has $20B ARR and about $1.4 trillion in data center commitments

## OpenAI’s Mammoth Figures: $20B ARR and Trillions in Data Center Ambitions Recent reports attribute startling figures to OpenAI, with CEO Sam Altman reportedly stating the company has reached an impressive **$20 billion in annualized revenue (ARR)**. This marks a significant acceleration from previous estimates and underscores OpenAI’s rapid commercial success in the burgeoning AI […]

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Laude Institute announces first batch of ‘Slingshots’ AI grants

**Laude Institute Unveils Inaugural ‘Slingshots’ AI Grant Recipients** The Laude Institute today announced the first cohort of recipients for its groundbreaking ‘Slingshots’ AI grant program. This initiative marks a significant step in the institute’s commitment to fostering innovation and accelerating research within the artificial intelligence landscape. The ‘Slingshots’ grants are designed to empower pioneering projects

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SoftBank is back, and the AI hype cycle is eating itself

**SoftBank’s Measured Return Meets AI’s Consuming Hype** SoftBank, the once-unapologetically aggressive tech investment giant, is signaling its strategic re-entry into the market, eyes fixed firmly on the artificial intelligence revolution. Yet, their renewed offensive coincides with an AI hype cycle that increasingly appears to be consuming itself. After the humbling lessons of Vision Fund 1.0,

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Kim Kardashian says ChatGPT is her ‘frenemy’

**Kim Kardashian Calls ChatGPT a ‘Frenemy’ in Latest Interview** Reality TV star and entrepreneur Kim Kardashian has weighed in on the artificial intelligence phenomenon, describing ChatGPT as her “frenemy.” In a recent interview, Kardashian acknowledged both the intriguing potential and the more challenging aspects of the popular AI tool. Her “frenemy” assessment highlights a common

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Seven more families are now suing OpenAI over ChatGPT’s role in suicides, delusions

**OpenAI Faces Fresh Lawsuits Alleging ChatGPT’s Role in Suicides, Delusions** OpenAI, the creator of the popular generative AI ChatGPT, is facing a new wave of legal challenges as seven more families have filed lawsuits. These cases allege that the chatbot played a direct role in instances of suicide and contributed to severe delusions experienced by

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Google Maps bakes in Gemini to improve navigation and hands-free use

## Google Maps Levels Up with Gemini Integration Google Maps is set to become even smarter and more intuitive with the imminent integration of Gemini, Google’s advanced AI model. This significant update promises to bake in a new layer of intelligence aimed at dramatically improving both navigation and hands-free usage for users. The move is

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SoftBank, OpenAI launch new joint venture in Japan as AI deals grow ever more circular

**SoftBank and OpenAI Launch Japan Venture as AI Deals Go Full Circle** SoftBank and OpenAI have officially announced the formation of a new joint venture in Japan, signaling a significant push to embed advanced artificial intelligence solutions across the Japanese market. This strategic collaboration aims to marry OpenAI’s cutting-edge AI models with SoftBank’s expansive market

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Google gets the US government’s green light to acquire Wiz for $32B

**Google’s $32B Wiz Acquisition Gets US Government Green Light** Google has received the crucial go-ahead from the US government to proceed with its planned acquisition of cybersecurity startup Wiz for an estimated $32 billion. This approval clears a significant regulatory hurdle for what would be one of the largest tech acquisitions in recent years. The

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This startup’s metal stacks could help solve AI’s massive heat problem

## Metal Stacks: Cooling AI’s Hot Future The explosive growth of Artificial Intelligence brings an unseen, yet critical, challenge: massive heat generation. As AI models become more complex and powerful, the processors running them generate immense thermal loads, threatening performance, increasing energy consumption, and straining data center infrastructure. Enter an innovative startup proposing a tangible

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Microsoft built a fake marketplace to test AI agents — they failed in surprising ways

## Microsoft’s AI Marketplace Experiment Reveals Surprising Flaws Microsoft recently constructed a simulated online marketplace, complete with products, sellers, and transactions, not for human use but to rigorously test the capabilities of AI agents. The ambitious experiment aimed to see if these agents could learn, negotiate, and thrive in a dynamic economic environment. The results,

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