The creator economy’s ad revenue problem and India’s AI ambitions

Admin4 months ago02 mins

The creator economy is evolving fast, and ad revenue alone isn’t cutting it anymore. YouTubers are launching product lines, acquiring startups, and building actual business empires. In fact, MrBeast’s company bought fintech startup Step, and his chocolate business is outearning his media arm. This isn’t just one creator’s strategy. For many, it’s the new playbook. On this episode of TechCrunch’s Equity podcast, hosts Kirsten Korosec, Anthony Ha, and Rebecca Bellan unpack how creators are diversifying beyond ads,…

The OpenAI mafia: 18 startups founded by alumni

Admin4 months ago017 mins

Move over, PayPal mafia: There’s a new tech mafia in Silicon Valley. As the startup behind ChatGPT, OpenAI is arguably the biggest AI player in town. The company is reportedly now in talks to finalize a $100 billion deal, valuing the company at more than $850 billion. Many employees have come and gone since the company first launched a decade ago, and some have launched startups of their own. Among these,…

It’s time to take a stand against ‘woke AI’ before it compromises our reality

Admin4 months ago011 mins

“It’s time to take a stand against ‘woke AI’ before it compromises our reality” A tweet from Elon Musk this week highlighted the existential danger of morally compromised artificial intelligence models that increasingly control our grip on reality — and despite promising to crack down on woke Big Tech, the Trump administration seems to be…

OpenAI taps Tata for 100MW AI data center capacity in India, eyes 1GW

Admin4 months ago08 mins

OpenAI has partnered with India’s Tata Group to secure 100 megawatts of AI-ready data center capacity in the country, with plans to scale to 1 gigawatt. The move is part of a broader push to deepen the company’s enterprise and infrastructure footprint in one of its fastest-growing markets. OpenAI announced on Thursday that the partnership…

OpenAI deepens India push with Pine Labs fintech partnership

Admin4 months ago09 mins

As India pitches itself as a global hub for applied artificial intelligence, OpenAI has partnered with Pine Labs to integrate AI-driven reasoning into the fintech firm’s payments stack, automating settlement and invoicing workflows in a move the companies say could help accelerate AI-led commerce in India. The partnership will see Pine Labs embed OpenAI’s application…

U.S. court bars OpenAI from using ‘Cameo’

Admin4 months ago04 mins

A federal district court in Northern California ruled in favor of Cameo, a platform that allows users to get personalized video messages from celebrities, and ordered OpenAI to stop using “Cameo” in its products and features. OpenAI was using the “Cameo” name for its AI-powered video generation app Sora 2. Users could use that feature…

OpenAI disbands mission alignment team

Admin4 months ago05 mins

OpenAI has disbanded a team that was designed to communicate the company’s mission to the public and to its own employees. At the same time, the team’s former leader has been given a new role as the company’s “chief futurist.” OpenAI confirmed to TechCrunch that the team’s members have now been assigned to other roles….

OpenAI policy exec who opposed chatbot’s “adult mode” reportedly fired on discrimination claim

Admin4 months ago03 mins

Ryan Beiermeister, who served as OpenAI’s vice president of product policy, was fired in January after a male colleague accused her of sex discrimination, the Wall Street Journal has reported. “The allegation that I discriminated against anyone is absolutely false,” Beiermeister told the Journal. TechCrunch reached out to OpenAI for comment and also contacted an…

What Snowflake’s deal with OpenAI tells us about the enterprise AI race

Admin5 months ago07 mins

Cloud data company Snowflake has entered into a $200 million multi-year AI deal with OpenAI on Monday, the latest signal that enterprise AI competition continues to heat up. Under the deal, Snowflake’s 12,600 customers will have access to OpenAI models across all three major cloud providers. Snowflake employees access to OpenAI’s ChatGPT Enterprise as well….

Amazon is reportedly in talks to invest billion in OpenAI

Amazon is reportedly in talks to invest $50 billion in OpenAI

Admin5 months ago03 mins

OpenAI, a company already valued at $500 billion, has made it known that it’s on the hunt for another $100 billion in investment. Such a funding round could lead the company’s valuation to shoot up to a titanic $830 billion. The Wall Street Journal is now reporting that Amazon may contribute at least $50 billion…