WATCH: First look at OpenAI’s ‘Sora’ – An AI video model capable of realistic text-to-video prompts
The generative model will still need to clear rounds of safety testing before being open to the public.
Investing
The Iconic and Zip co-founders raise $7 million for AI jobs platform
Hatch has closed an oversubscribed seed round to scale its AI-powered jobs marketplace aimed at Gen Z.
This AI darling stock just tanked 20% today—but it’s still up almost 200% this year
Shares of Super Micro Computer nosedived Friday as an analyst threw some cold water on the U.S.’ hottest stock, but shares of the company viewed as among the top pure artificial intelligence plays remain up an eye-popping level.
OpenAI reaches US$80 billion valuation in venture firm deal, reports
The AI company has raised billions of dollars from companies including Microsoft.
Melbourne AI startup set for global expansion after $12.5 million raise
AI startup Marqo completed the Series A round just six months after raising an $8.1 million seed round. The funds will go toward establishing a larger footprint in San Francisco where Marqo will now be headquartered.
Musk says SpaceX has moved legal base to Texas after judge blocks $56 billion payday
The billionaire also indicated he plans to move Tesla’s state of incorporation from Delaware to Texas.
ChatGPT can now ‘remember’ users—including their voice, preferences
The feature will be accessible for some free and paid users before becoming more widely available.
This Estonian-born billionaire wants Aussie banks to come clean on hidden FOREX fees
Kristo Käärmann launched Wise (formerly TransferWise) back in 2011 with the aim of helping users move cash around the world – without the marked-up fees charged by banks. Since then, the company has gone on to process more than $48 billion in cross-border payments and save customers more than $2.9 billion
Tripadvisor is preparing to be acquired and taken private
Liberty TripAdvisor Holdings, part of the Liberty Media empire, already has a controlling stake in Tripadvisor and appears to be buying the company outright.
This billionaire is bringing his $17bn HR firm to Australia – after SVB’s collapse threatened to upend them
Parker Conrad is bringing Rippling, his US$11.25 billion work management platform to Australia, nearly a year after Silicon Valley Bank’s collapse forced the business to liquidate $130 million to process its customers’ payrolls.