Why AI startups are selling the same equity at two different prices

Why AI startups are selling the same equity at two different prices

As competition among AI startups heats up, founders and VCs are turning to novel valuation mechanisms to manufacture a perception of market dominance. Until recently, the most sought-after companies raised multiple rounds of funding in quick succession at escalating valuations. However, because constant fundraising distracts founders from building their products, lead VCs have devised a…

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ChatGPT uninstalls surged by 295% after DoD deal

ChatGPT uninstalls surged by 295% after DoD deal

U.S. app uninstalls of ChatGPT’s mobile app jumped 295% day-over-day on Saturday, February 28, as consumers responded to the news of OpenAI’s deal with the Department of Defense (DoD), which has been rebranded under the Trump administration as the Department of War. This data, which comes from market intelligence provider Sensor Tower, represents a sizable…

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OpenAI reveals more details about its agreement with the Pentagon

OpenAI reveals more details about its agreement with the Pentagon

By CEO Sam Altman’s own admission, OpenAI’s deal with the Department of Defense was “definitely rushed,” and “the optics don’t look good.” After negotiations between Anthropic and the Pentagon fell through on Friday, President Donald Trump directed federal agencies to stop using Anthropic’s technology after a six-month transition period, and Secretary of Defense Pete Hegseth…

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Google looks to tackle longstanding RCS spam in India — but not alone

Google looks to tackle longstanding RCS spam in India — but not alone

As persistent spam complaints have clouded Google’s Rich Communication Services (RCS) push in India, the company is turning to deeper carrier integration to bolster protections on the platform. On Sunday, Bharti Airtel, India’s second-largest telecom operator with over 463 million subscribers, said it had partnered with Google to integrate the carrier’s network-level spam filtering into…

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