Welcome back to Week in Review. This week, we’re exploring some exciting developments in the tech world, including OpenAI’s record-breaking fundraising round, the latest Cybertruck recall, and a fascinating project in San Francisco that uses Shazam technology. Let’s dive in!
OpenAI made history with its recent funding round, raising a staggering $6.6 billion and reaching a post-money valuation of $157 billion. Led by Thrive Capital, this funding round brings OpenAI’s total raise to $17.9 billion and includes a substantial credit line. The company is setting new standards in the AI industry.
ElevenLabs, a pioneer in AI-generated voices, is attracting interest from both current and new investors for a potential $3 billion valuation. The company specializes in creating synthetic voices for audiobooks and real-time video dubbing, showcasing the innovative applications of AI technology.
Elon Musk’s X faces valuation challenges, with Fidelity estimating its worth at a fraction of its original purchase price. The latest valuation places X at around $9.4 billion, significantly lower than its initial $44 billion price tag, reflecting the volatility of the tech market.
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News
Another Cybertruck recall has been issued due to technical issues with the rearview camera, presenting potential safety concerns. This latest recall adds to a series of challenges faced by Cybertruck owners. Read more
Experience infinite possibilities with Meta’s Movie Gen model, a cutting-edge AI concept that transforms text prompts into dynamic videos. While not yet publicly released, this technology showcases Meta’s commitment to AI innovation. Read more
California governor vetoes controversial AI bill SB 1047, amid industry pushback. The bill aimed to establish liability for AI safety protocols, a move opposed by companies like OpenAI. Read more
Meta clarifies Ray-Ban Meta’s data policies and AI training, highlighting the privacy measures in place for user-generated content analysis. The distinction between AI training data and user-generated media is critical for ensuring data security. Read more
Immerse yourself in the sounds of San Francisco with a unique project using Shazam technology to capture and share street music experiences. Discover the city’s diverse musical landscape from anywhere in the world. Read more
Enhance your online security with a personalized VPN setup, offering greater control and protection than traditional VPN services. Learn how to create your secure VPN in just 15 minutes for enhanced privacy. Read more
Discover a mindful approach to note-taking with Napkin, an iOS app focusing on mental wellness over productivity. Embrace a new perspective on digital organization and self-care. Read more
Y Combinator faces criticism for supporting PearAI, a startup embroiled in licensing controversies. Transparency and ethical practices are paramount in the tech industry, highlighting the importance of responsible innovation. Read more
Explore the latest features of iOS 18, including customizable Control Center options for enhanced app integration. Discover iOS 18-ready apps that optimize your device’s functionality. Read more
Collaborate effectively with ChatGPT using OpenAI’s Canvas workspace, enabling seamless writing and code generation with AI feedback. Enhance your workflow and productivity with this interactive tool. Read more
