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OpenAI has acquired personal finance startup Hiro Finance, founder Ethan Bloch announced on Monday and OpenAI confirmed to TechCrunch. The startup was backed by A-list fintech VC firm Ribbit, as well as General Catalyst and Restive. Terms of the acquisition were not disclosed, nor did Hiro ever disclose how much money it raised. Since Hiro…
The Pentagon has officially designated Anthropic a supply-chain risk after the two failed to agree on how much control the military should have over its AI models, including its use in autonomous weapons and mass domestic surveillance. As Anthropic’s $200 million contract fell apart, the DoD turned to OpenAI instead, which accepted and then watched ChatGPT uninstalls surge 295%. As the stakes keep rising, the question remains: how much unrestricted…
Upwork, a platform that connects companies with freelancers, announced two acquisitions to help build out a new stand-alone enterprise-focused business that could expand its market reach. The San Francisco-based company announced it has acquired Bubty, a workforce management platform, and has signed a definitive agreement to acquire Ascen, a global compliance and EOR (employer of…
Alongside bolstering its AI research talent pool, Meta seems to be keen to flesh out its consumer-facing AI features. The company is in discussions to acquire a voice cloning startup called Play AI, Bloomberg reported, citing anonymous sources. The tech giant aims to buy the startup’s tech and bring on board some of its staff,…
There’s a lot of talk in the startup world about how AI makes individuals so productive that it could give rise to a generation of “solo unicorns” — one-person companies worth over $1 billion. While an actual solo unicorn remains a mythical creature, Israeli developer Maor Shlomo provided compelling evidence Wednesday that the concept might…
The surge in data company acquisitions continued Monday with Snowflake’s purchase of Crunchy Data. Cloud data platform Snowflake announced its intent to acquire Crunchy Data, a Postgres database partner, late this afternoon. A source familiar with the matter estimated the deal to be worth around $250 million. The terms weren’t disclosed. Snowflake declined to comment…
AI startup Cohere has acquired Ottogrid, a Vancouver-based platform that develops enterprise tools for automating certain kinds of high-level market research. Sully Omar, one of the founders of Ottogrid, announced the deal Friday in a post on X. He didn’t disclose the terms. Ottogrid will sunset its product, according to Omar, but will give customers…
Seagate, the data storage company, has announced its intent to acquire Intevac, a hard drive equipment producer, in an all-cash deal worth $119 million. Seagate said on Thursday that it’ll pay $4 per share in a tender offer for Intevac, which is publicly traded. Seagate will initially purchase a minimum of “at least one share…
Read.cv, a social media platform for professionals that competed with LinkedIn, has been acquired by AI-powered search engine Perplexity. As part of the deal, Read.cv will begin to wind down operations Friday. Users will be able to export their data, including their profiles, posts, and messages, until May 16. “We’ve long admired Perplexity and believe…
OpenAI bought Chat.com, adding to its collection of high-profile domain names. As of this morning, Chat.com now redirects to OpenAI’s AI-powered chatbot, ChatGPT. An OpenAI spokesperson confirmed the acquisition via email. Chat.com is one of the older domains on the web, having been registered in September 1996. Last year, it was reported that Hubspot co-founder…