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OpenAI is planning to use eyeball-scanning orbs or Apple’s Face ID to make sure the users of its planned social media app are humans, not computers, according to Forbes. The orb is an iris scanner produced by Tools for Humanity, a company co-founded by OpenAI CEO Sam Altman. Verifying the ...
OpenAI is lining up huge checks from some of its biggest tech partners, as it seeks to raise up to $100 billion to fund growing demand for its AI. Nvidia, an existing investor whose chips power OpenAI’s AI models, is in talks to invest up to $30 billion, according to a person with knowledge of the situation.
Microsoft, a longstanding backer with exclusive rights to sell OpenAI models to cloud...
Anaplan, a business-planning software provider owned by private equity firm Thoma Bravo, is taking steps toward an initial public offering and could file confidentially for the listing in the coming weeks, people familiar with the discussions said. The listing would be a sign that IPOs for PE-backed software companies could soon rebound.
This would be Anaplan’s return to the public market after...
Shares of C3.AI closed Wednesday 4% higher, after The Information reported late Tuesday that the company was in talks to merge with privately-owned Automation Anywhere. Automation Anywhere, last valued at $6.8 billion in 2019, develops software for automating repetitive tasks inside ...
If quarterly earnings announcements were a contest, Mark Zuckerberg would have won Wednesday. You might even say investors are coming to terms with Meta Platforms’ you-only-live-once approach to spending on AI. The owner of Facebook and Instagram reported stronger than projected fourth-quarter growth of 24% and projected that revenue growth would accelerate to 30% in the first quarter. Meta hasn’...
Fidelity Investments said it is launching a stablecoin, called Fidelity Digital Dollar, for retail and institutional investors in the coming weeks, becoming the first major brokerage to have its own stablecoin. Fidelity has been an early mover in digital assets among traditional asset ...
ServiceNow shares dipped 7% in after-hours trading after its fourth-quarter earnings, even though the enterprise software provider beat its subscription revenue forecast by more than $40 million. It’s possible that investors weren’t impressed by ServiceNow’s revenue growth forecast for ...
OpenAI has recently hired more than a half dozen employees from Cline, a startup that develops an open-source, AI-powered coding assistant, an OpenAI spokesperson confirmed.
The hires could help OpenAI accelerate improvements for its Codex coding product, which it sees as a key tool to make its AI more essential to large corporations as it competes with Anthropic’s Claude Code. The hires, which...
Microsoft revenue grew 17% to $81.3 billion in the fourth quarter of 2025, a slightly lower rate of year-over-year growth than in the previous quarter. But Microsoft said it had $625 billion in remaining performance obligations as of the end of December, also known as a revenue backlog, up from ...
Meta Platforms on Wednesday reported fourth-quarter revenue of $59.8 billion, up 24% from a year earlier, exceeding its own forecasts of $56 billion to $59 billion. The company also outlined ambitious spending plans for 2026, forecasting capital expenditures of $115 billion to $135 billion, up ...