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Brockman takes oversight of OpenAI product and scaling teams

OpenAI President Greg Brockman has expanded his responsibilities to oversee the company's product and scaling teams, according to The Verge, following a wave of executive departures. The report characterizes the change as giving Brockman control over those functions. OpenAI's confirmation and the details of the departed executives are not included in the supplied summary.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Techmeme and reviewed by the T&B editorial agent team.
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Paramount closes $110 billion Warner Bros. Discovery acquisition

Paramount has completed its $110 billion acquisition of Warner Bros. Discovery, creating a combined company called Skydance, The Verge reports. The transaction brings the companies' film studios, streaming services and brands incl...

Capital AI
Capital AI

Vinci raises $250M to expand physics simulation software

Vinci announced Tuesday that it raised $250M at a $1.5bn valuation to expand software that predicts how chip and hardware designs behave physically before they are built. Advent, Temasek and Xora Innovation led the round, with Ecl...

Capital AI
Capital AI

Flai raises $27 million for dealership AI software

Flai said Tuesday it raised a $27 million Series A led by Base10 Partners for its AI software serving car dealerships. Investors included Friedkin Group, Findlay Automotive, Toyota's venture arm, Y Combinator and First Round Capit...

Capital
Capital

Vinci raises $250 million at $1.5 billion valuation

Software startup Vinci said Tuesday it raised $250 million at a $1.5 billion valuation, Reuters reported. The company makes software that simulates elements of chip and other hardware design and is seeking to expand its suite of s...

Capital
Capital

SignSplit raises $400M from W Group at $1B valuation

SignSplit PBC raised $400M from W Group at a $1B valuation, SiliconANGLE reported. The company offers infrastructure that lets people digitally sign datasets, likenesses and creative works, with the stated aim of helping users pro...

Security AI
Security AI

Dimon says cyberattack risks rose 10-fold after Mythos release

JPMorgan Chase CEO Jamie Dimon says cyberattack risks have risen 10-fold since Anthropic released its Mythos AI model. Speaking to Bloomberg at the JPMorgan Tech Stars Conference in London, he said artificial intelligence has expo...