OpenAI eyeing funding round that would double its value, reports
The leading AI startup is currently valued at $157 billion.
Innovation
OpenAI believes DeepSeek ‘distilled’ its data for training—Here’s what to know about the technique
White House AI czar David Sacks alleged Tuesday that DeepSeek had used OpenAI’s data outputs to train its latest models through a process called distillation.
How Aussie unicorn SafetyCulture keeps tennis titans and 1.2m AO fans safe
The Australian Open is the highest-attended Grand Slam in the world. SafetyCulture founder Luke Anear chats with Forbes Australia about acing the training and safety inspections and keeping 1.2 million Happy Slammers out of harm’s way.
The billion-dollar private prison companies capitalising on Trump’s immigration crackdown
For years, immigration detention centers run by Geo Group and CoreCivic have been plagued by allegations of dangerous conditions, negligence and mismanagement, which the companies deny. And they’re about to get a massive influx of new detainees from President Trump’s mass deportation effort.
Blackbird leads $16m raise to supercharge Kwetta’s grid-first EV tech
Blackbird is leading the raise and believes the technology can unlock up to 10 times more power at constrained sites without the need for costly upgrades or batteries.
From grocery orders to ticket purchases, OpenAI unveils its $200-a-month ‘Operator’
The AI assistant will first be made available to subscribers of ChatGPT Pro, a $200 a month subscription, and eventually roll out into the free version of ChatGPT.
Clay, a secret weapon for Anthropic and OpenAI, boosts valuation to $1.3 billion
Software startup Clay took years to figure out its product. Now it’s growing fast, with tens of millions in revenue and a valuation that’s doubled in six months.
With TikTok ban set, American tech giants can monopolise social media again
Meanwhile, Snap is poised to capitalize, while other popular Chinese apps like RedNote may be newly scrutinized.
TikTok ban upheld by Supreme Court—Should start Sunday
Justices shot down concerns from the app and content creators that the law violates their First Amendment rights.
Atlassian-backed AI avatar startup raises $180m to make corporate videos less boring
Synthesia helps companies like DuPont, Xerox and Spirit Airlines turn dry training manuals into videos with its AI avatars. It’s now valued at $2.1 billion after a new raise.