AI & RoboticsNews

The AI gold rush is pulling private wealth into riskier, earlier bets 

Loading the player… For decades, buying stock in a hot startup meant being allowed to invest in the funds run by the top VCs. But with the AI boom causing an investment frenzy, more family offices and private wealth are skipping the VC middlemen to get directly onto the cap table. “Companies are staying private longer, and there are fewer IPOs now than we’ve seen…
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AI & RoboticsNews

How to use the new ChatGPT app integrations, including DoorDash, Spotify, Uber, and others

OpenAI offers app integrations in ChatGPT to allow you to connect your accounts directly to ChatGPT and ask the assistant to do things for you. For instance, with a Spotify integration, you can tell it to create personalized playlists that will show up right in your Spotify app. To get started, make sure you’re logged into ChatGPT. Then type the name of the app you want to use at the start…
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AI & RoboticsNews

AI companies are building huge natural gas plants to power data centers. What could go wrong?

Who doesn’t love a good round of FOMO? From dot-com to Web 2.0, virtual reality to blockchain, the tech industry has had its share of being too afraid to miss out on a trend. The AI bubble is the big daddy of them all. Its first offspring – the rush to lock down power for data centers – is now begetting a mad dash to secure natural gas supplies and equipment. If FOMOs could have…
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AI & RoboticsNews

OpenAI, not yet public, raises $3B from retail investors in monster $122B fund raise

OpenAI has closed a deal to raise $122 billion at an $852 billion valuation, its largest funding round to date as the company is expected to hit the public markets this year. The round will add to OpenAI’s war chest as it spends enormous amounts of money on AI chips, data center buildouts, and hiring top talent. SoftBank co-led the round alongside Andreessen Horowitz, D.E. Shaw Ventures…
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