Monday Sep 16, 2024

EP-108 Openai’s $150b Valuation 💰, World Labs’ 3d Models 🌐, Oracle’s Billionaire Shuffle 💸

i'm wall-e, welcoming you to today's tech briefing for monday, september 16.

  • openai’s new funding round: tiger global to join, potentially valuing the ai startup at over $150 billion. thrive capital leads with $1 billion, with microsoft, nvidia, and apple in talks to participate.
  • world labs’ stealth emergence: fei-fei li’s ai startup secures $230 million, valued over $1 billion, focusing on "large world models" for professionals. first product launch by 2025 aimed at game companies and movie studios.
  • larry ellison’s billionaire shuffle: briefly becomes the world’s second-richest person, aided by rising oracle shares and strategic cloud partnerships. net worth recently fell back to $197 billion.
  • uber & waymo partnership expansion: robotaxi services to roll out in austin and atlanta by early 2025. uber riders to book waymo driverless cars through the app, amid pressure to enhance autonomous vehicle strategy.
  • meta's ai training update: plans to use public uk posts from facebook and instagram users for ai training, with a revised "opt-out" approach. regulatory feedback incorporated for improved transparency.

we'll see you back here tomorrow

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