OpenAI has raised $110 billion in private funding, the company announced Friday morning, commencing one of the largest private funding rounds in history. The new funding consists of a $50 billion investment from Amazon as well as $30 billion each from Nvidia and SoftBank, against a $730 billion pre-money valuation. …
SourceJack Dorsey has long been an open admirer of Elon Musk. Now, it seems, he may have been taking notes. On Thursday, Dorsey announced that Block, the payments company he founded that operates Square, Cash App, and Tidal, is cutting more than 4,000 employees, nearly half its global workforce, taking …
SourceAmazon has hundreds of thousands of robots in its warehouses, but that doesn’t mean all of its robotic initiatives are a success story. The e-commerce giant has halted its Blue Jay warehouse robotics project just months after unveiling the tech, as originally reported by Business Insider and confirmed by TechCrunch. …
Source