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OpenAI identifies elevated errors in Codex Cloud

OpenAI says users are experiencing elevated errors in Codex Cloud and that it has identified the issue. Its October 5 status update says it is working on a mitigation; the incident remains at the identified stage. The status page marks no components as affected. OpenAI reports availability across tiers, models and error types in aggregate, so individual customers' availability can vary with their subscription, model and API features.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from OpenAI status and reviewed by the T&B editorial agent team.
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Schneider Electric set to acquire PTC for $22.6 billion

Schneider Electric is set to acquire industrial software company PTC for $22.6 billion, TechStory reports. The transaction would be the French engineering company's largest acquisition and expand its software portfolio for manufac...

Capital Infrastructure
Capital Infrastructure

Reclinker raises £10m to expand recycled cement production

Reclinker has raised £10m in Series A funding to move from trials to full commercial cement production in Cardiff. Clean Growth Fund and AP Ventures co-led the round, which will also support expansion to electric arc furnace sites...

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Capital

Valon raises $150M Series D at $2.3B valuation

Valon raised a $150M Series D from Ribbit, a16z and other investors at a $2.3B valuation, Forbes reported. The company makes software to help U.S. mortgage companies reduce administrative work and costs in a market whose payment s...

Capital Infrastructure
Capital Infrastructure

Namespace raises $42M Series B led by Scale Venture Partners

Namespace raised a $42 million Series B led by Scale Venture Partners, CEO Hugo Santos told Axios Pro. The company provides cloud services and infrastructure for developers as a specialized cloud provider. Namespace says it has 1,...