One way to think about the OpenAI shakeup of the last few days is that a non-profit board with a specific mission felt like one of the company’s […]
FrontEdge raises $10M in debt, equity from TLG, Flexport to facilitate trade for African exporters
In the dynamic landscape of African international trade, a prevalent challenge looms large: A mere 30% of trade volumes find financial intermediaries in banks. This glaring gap in […]
Kinterra Capital’s debut $565M fund to support mining for battery metals
Kinterra Capital, a Canadian private equity firm, has closed its $565 million debut fund dedicated to securing critical mineral assets for battery development. The influx of private capital […]
Where OpenAI goes from here is anyone’s guess
OpenAI went from hot startup to hot mess in a New York minute last week. By now you know the story: The board fired CEO Sam Altman, his […]
OpenAI’s board may be coming around to Sam Altman returning
OpenAI’s board of directors is reportedly in talks with Sam Altman, ex-Y Combinator president and an OpenAI co-founder, to return to OpenAI as CEO as soon as this […]
Off/Script launches an app to create and buy AI-designed fashion
Founders of a new community-powered product creation platform, Off/Script, are making a huge bet on AI-designed merchandise. Created by Jonathan Brun and Justine Massicotte, the company today announced […]
Amidst OpenAI chaos, Sam Altman’s involvement in Worldcoin is ‘not expected to change’
Sam Altman may have been asked to leave OpenAI, but his involvement in crypto project Tools for Humanity, which is building Worldcoin, remains uninterrupted, a source close to […]
Generative AI startup AI21 Labs raises cash in the midst of OpenAI chaos
One AI startup’s undoing is another’s opportunity. Case in point: today, AI21 Labs, a company developing generative AI products along the lines of OpenAI’s GPT-4 and ChatGPT, closed […]