ChatGPT Ads hits $1B annualised as the EU brings it under the Digital Services Act
OpenAI says ChatGPT Ads has reached $1B in annualised revenue run rate in under 200 days and has opened self-service buying across Europe, India, the Middle East and North Africa. On the same day the [...]
South Korea bets $540bn on a southwest chip hub the grid cannot yet feed
South Korea wants to build its next great chip cluster far from Seoul, in the country’s rural southwest, and it wants to do so at a pace with little precedent. The plan collides with a harder limit [...]
India scraps import duties on electronics and battery inputs to boost local manufacturing
India has removed import duties on a swathe of machinery and components used to make electronics, from lithium-ion battery cells to certain smartphone parts, in the latest push to lower costs for hard [...]
Sable raised $45 million from Sequoia to build an AI that runs product demos instead of humans
Sable has raised $45 million from Sequoia Capital and 8VC to build an AI system called Aidan that runs live product demonstrations, answers customer questions in real time, and switches between langua [...]
Google picked and paid for the firm anonymising the Spirit Airlines data
Google has agreed to pay $10mn for what a dead airline knew. A judge considers the sale on Wednesday morning. Reuters reported the price on Monday. Every account of the deal rests on one word. The dat [...]
After 25 years of self-funding, Bezos opens Blue Origin at a $130bn valuation
Jeff Bezos is opening Blue Origin to outside money at last, in a round that values the rocket firm at $130 billion, CNBC reports. It follows Elon Musk’s record SpaceX IPO and pits the two space fort [...]
Clicks shows off its BlackBerry-inspired Communicator phone in new hands-on video
Clicks Technology released a video on Tuesday showing the pre-production hardware and internal software of its Communicator, a $499 smartphone with a physical keyboard that is the closest thing to a n [...]
Paramount says it will take the Warner Bros merger to the Supreme Court if states block the deal
Paramount Skydance is still aiming to close its roughly $110 billion acquisition of Warner Bros Discovery by the end of September despite a lawsuit filed by 12 state attorneys general seeking to block [...]