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OpenAI’s GPT-5 reportedly falling short of expectations
OpenAI’s efforts to develop its next major model, GPT-5, are running behind schedule, with results that don’t yet justify the enormous costs, according to a new report in The Wall Street Journal. This echoes an earlier report in The Information suggesting that OpenAI is looking to new strategies as GPT-5 might not represent as big…
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OpenAI announces new o3 model — but you can’t use it yet
Welcome back to Week in Review. This week, we’re looking at OpenAI’s last — and biggest — announcement from its “12 Days of OpenAI” event; Apple’s potential entrance into the foldable market; and why Databricks is choosing to wait to go public. Let’s get into it. P.S. We’re off for the holidays! Week in Review…
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Google pushes back against DOJ’s ‘interventionist’ remedies in antitrust case
Google has offered up its own proposal in a recent antitrust case that saw the US Department of Justice argue that Google must sell its Chrome browser. US District Court Judge Amit Mehta ruled in August that Google had acted illegally to maintain a monopoly in online search, with the DOJ then proposing a number…
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If climate tech is dead, what comes next?
Climate tech is about a decade old, and people are itching for a rebrand. © 2024 TechCrunch. All rights reserved. For personal use only.
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Hollywood angels: Here are the celebrities who are also star VCs
Becoming a venture capitalist has become the latest status symbol In Hollywood. Everyone from Olivia Wilde to Emma Watson is investing in startups. © 2024 TechCrunch. All rights reserved. For personal use only.
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Meet Skyseed, a VC fund and incubator backing the Bluesky and AT Protocol ecosystem
On November 15, Peter Wang posted a message requesting ideas for a new incubator and fund to support experimental projects built on the burgeoning Bluesky/AT Protocol ecosystem. Four weeks later, Skyseed emerged with an initial commitment of $1 million. This turnaround, a speed underscored by the fact that the fund doesn’t even have a website…
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Sam Altman disputes Marc Andreessen’s description of AI meetings with Biden administration
Sam Altman dismissed what he called a “conspiracy theory” from a16z co-founder Marc Andreessen. © 2024 TechCrunch. All rights reserved. For personal use only.
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EV startup Canoo places remaining employees on a ‘mandatory unpaid break’
Struggling electric van startup Canoo has placed its remaining employees on what it’s calling a “mandatory unpaid break” through at least the end of the year, according to an email obtained by TechCrunch. The company told employees they are being locked out of Canoo’s systems at the end of the day Friday, according to the…
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After causing outrage on the first day of Y Combinator, AI code editor PearAI lands $1M seed
On the first day of Y Combinator the founders of PearAI got “cancelled.” They used the hate to launch a new product, raise $1 million. © 2024 TechCrunch. All rights reserved. For personal use only.
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Third member of LockBit ransomware gang has been arrested
LockBit is believed tobe responsible for at least $500 million in ransom payments alone. © 2024 TechCrunch. All rights reserved. For personal use only.