Author: GT

Facebook CEO Mark Zuckerberg departs E. Barrett Prettyman United States Court House on April 14, 2025 in Washington, DC. Andrew Harnik | Getty ImagesMeta is suing a company that ran ads on its services to promote an app that lets people create non-consensual, sexualized images of others using AI technology, the social media company said Thursday. The lawsuit is against Joy Timeline HK Limited, which develops the app called CrushAI and its variants. The Hong Kong-based company ran ads on Facebook and Instagram to promote CrushAI, an app that uses artificial intelligence to take a photo of someone and create nude…

YouTube released a report on Tuesday that shows just how influential the creator economy has become. YouTube says that its creative ecosystem contributed over $55 billion to the U.S. GDP and supported more than 490,000 full-time jobs, according to research by Oxford Economics. When YouTube talks about its creative ecosystem, it’s not just talking about creators. This includes anyone who works with YouTube creators (video editors, assistants, publicists), as well as people who work for creator-oriented companies (Patreon, Spotter, Linktree, etc.). But these figures continue to grow, even in a time when venture capitalists are no longer pouring money into…

If you’ve upgraded to a newer iPhone model recently, you’ve probably noticed that Apple Intelligence is showing up in some of your most-used apps, like Messages, Mail, and Notes. Apple Intelligence (yes, also abbreviated to AI) showed up in Apple’s ecosystem in October 2024, and it’s here to stay as Apple competes with Google, OpenAI, Anthropic, and others to build the best AI tools. What is Apple Intelligence? Image Credits:Apple Cupertino marketing executives have branded Apple Intelligence: “AI for the rest of us.” The platform is designed to leverage the things that generative AI already does well, like text and…

BP logo is seen at a gas station in this illustration photo taken in Poland on March 15, 2025.Nurphoto | Nurphoto | Getty ImagesUAE oil giant ADNOC has joined the fray of firms said to be circling some of BP’s highly prized assets, as takeover speculation for the embattled energy major kicks into overdrive.Abu Dhabi National Oil Company is thought to be weighing up a move for some of the London-listed firm’s assets, should the oil major break up or seek to divest more units, Bloomberg reported Wednesday, citing unnamed sources familiar with the matter.ADNOC is reportedly most interested in…

Vast Data, which offers an AI-friendly data storage platform, is in the market to raise a new round at a giant leap in valuation. Earlier this year, the 9-year-old company was seeking a valuation of around $25 billion, according to a person familiar with the deal. Should it achieve that, it would be a massive jump from its $9 billion Series E valuation secured in December 2023. The deal was not finalized, and terms — including its valuation — could change, this person said, adding that the requested valuation was high at the time, despite impressive growth. Many VCs are…

Jensen Huang, co-founder and chief executive officer of Nvidia Corp., left, and Emmanuel Macron, France’s president at the 2025 VivaTech conference in Paris, France, on Wednesday, June 11, 2025. Nathan Laine | Bloomberg | Getty ImagesFrench President Emmanuel Macron on Wednesday made a pitch for his country to manufacture the most advanced chips in the world, in a bid to position itself as a critical tech hub in Europe.The comments come as European tech companies and countries are reassessing their reliance on foreign technology firms for critical technology and infrastructure.Chipmaking in particular arose as a topic after Nvidia CEO Jensen…

Vijay Pande, a general partner at Andreessen Horowitz who founded the firm’s a16z Bio + Health strategy, announced that he is stepping down from his role. Since its founding in 2014, a16z Bio + Health has raised four funds, including a $1.5 billion fund that closed in 2022. However, it’s now seeking a much smaller $750 million fifth fund, The Wall Street Journal reported. In January, a16z Bio + Health announced that it will separately manage a $500 million biotech fund funded by pharmaceutical giant Eli Lilly. a16z Bio + Health backs digital health startups and companies at the intersection…

The release of OpenAI’s first open model in years will be delayed until later this summer, CEO Sam Altman announced in a post on X on Tuesday. Altman said the open model would be released sometime after June. “[W]e are going to take a little more time with our open-weights model, i.e. expect it later this summer but not [J]une,” he wrote. “[O]ur research team did something unexpected and quite amazing and we think it will be very very worth the wait, but needs a bit longer.” we are going to take a little more time with our open-weights model,…

Commercial nuclear fusion power isn’t a reality yet. But venture capital is flowing into startups that promise that clean, safe, and virtually limitless energy is no longer just a distant dream. Most fusion companies that have raised over $100 million are based in the United States. Not Proxima Fusion, a German startup that has just secured a €130 million Series A round of funding (approximately $148 million) led by Balderton Capital and Cherry Ventures. This brings Proxima’s public and private funding to over €185 million ($200 million), increasing its chances to be one of Europe’s top contenders in the race…

In a new essay published Tuesday called “The Gentle Singularity,” OpenAI CEO Sam Altman shared his latest vision for how AI will change the human experience over the next 15 years. The essay is a classic example of Altman’s futurism: hyping up the promise of AGI — and arguing that his company is quite close to the feat — while simultaneously downplaying its arrival. The OpenAI CEO frequently publishes essays of this nature, cleanly laying out a future in which AGI disrupts our modern conception of work, energy, and the social contract. But often, Altman’s essays contain hints about what…