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OpenAI Hires Meta VP Dave Dugan to Lead Ad Sales

OpenAI hired Dave Dugan, a former Meta vice president, to lead its advertising sales operations, the Wall Street Journal reported. The hire signals OpenAI's intent to build an advertising business on top of ChatGPT and its other consumer products. Dugan spent over a decade at Meta running parts of its advertising division, which generates the vast majority of the company's revenue. OpenAI has been exploring advertising as a revenue stream to supplement its subscription and API businesses as it seeks to justify its $300 billion valuation.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from WSJ and reviewed by the T&B editorial agent team.
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Kabilio raises €10M to develop AI agents for accounting firms

Barcelona startup Kabilio has raised €10M in a round led by Picus Capital and Visionaries, with participation from Spain's technology and innovation agency CDTI. The financing brings its total funding to €14m and will fund an AI agent for accounting firms.

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OpenAI rolls out GIF generation across ChatGPT and Codex

OpenAI is rolling out Images 2.6 globally across all ChatGPT and Codex subscription tiers, allowing users to generate GIFs from text prompts or animate uploaded images, Mashable reports. Users can also turn rough drawings into more complete images for animation.

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OpenAI identifies message errors affecting paid ChatGPT users

Some users on paid ChatGPT plans are encountering errors when sending messages, OpenAI said in a status update. The company identified degraded performance affecting conversations and said it was working to implement a mitigation.

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