The week starts with a focus on AI news. OpenAI has struck a new deal with the Financial Times, signaling more than just a content licensing agreement. TechCrunch reports that Musk’s AI company is aiming to raise $6 billion at an $18 billion valuation, double their initial target.
Elsewhere, the EU’s decision to include iPadOS in its DMA rules is poised to challenge Apple’s control over app stores on its tablets. Tesla also received positive news in China, although the impact remains uncertain.
Lastly, the New York Times explores the quick influx of venture capital into AI startups, questioning if OpenAI’s current support is sufficient given their recent lucrative partnerships with Microsoft.
Stay updated with TechCrunch’s flagship podcast Equity every Monday, Wednesday, and Friday by subscribing on Apple Podcasts, Overcast, Spotify, and other platforms.
Follow Equity on Twitter and Threads at @EquityPod for more updates.
Prefer reading? Find the full interview transcript and explore past episodes on Simplecast.