OpenAI employees are selling approximately $6 billion worth of shares to an investor group consisting of SoftBank Group Corp, Thrive Capital, and Dragoneer Investment Group. The deal values the ChatGPT maker at $500 billion, significantly higher than a previous valuation of $300 billion. This investment comes on top of SoftBank’s existing $40 billion funding round, … Read more
The US economy is facing a perfect storm of inflation, uncertainty, and stagnation under President Trump’s tariffs. Despite efforts to mitigate their impact, the effects are now being felt across the country. The latest Producer Price Index (PPI) report shows a 3.7% year-over-year increase in core prices, with consumers bracing for higher costs. Trump’s tariffs … Read more
Sam Altman, CEO of OpenAI, sat down for an on-the-record dinner with tech reporters and executives from the company’s upcoming AI device project. The evening raised more questions than it answered about OpenAI’s future plans. Altman mentioned that his team has been working on a new AI model, GPT-5, which performs roughly on par with … Read more
Tottenham Hotspur’s new head coach Thomas Frank hailed Richarlison after the striker’s double sealed a 3-0 win over Burnley in the Premier League opener. The Brazil international, who struggled with injuries last season, impressed as he started in front of Dominic Solanke against Champions League winners Paris Saint-Germain before the midweek Super Cup loss. Richarlison … Read more
Artificial intelligence has become ubiquitous in our daily lives, from smartphones to cars, and now, it’s being used by hackers to exploit a vulnerability in Google’s Gemini tool. Researchers have discovered that attackers can manipulate Gemini-generated email summaries to sneak in hidden phishing prompts. Gemini is a generative AI tool integrated across Google Workspace apps … Read more
Astronomers using NASA’s James Webb Space Telescope have discovered strong evidence of a giant planet orbiting the star Alpha Centauri A. Located 4 light-years away from Earth, this finding is significant as it would be the closest gas giant to our solar system that orbits in the habitable zone of a Sun-like star. Alpha Centauri, … Read more
A technical glitch has caused a widespread issue affecting multiple websites across various industries. The problem is characterized by a “429 Too Many Requests” error message, which prevents users from accessing the intended content. This error occurs when a server receives an excessive number of requests within a given time frame. It’s essential to note … Read more
US manufacturers have raised prices at the fastest pace in over three years, largely due to new tariffs introduced by President Donald Trump. This increase is expected to hit consumers in various sectors, including food items. The wholesale price of vegetables has seen a significant rise, with numbers showing an increase of 39% between June … Read more
Ford has built its latest track-focused supercar, the GT Mk IV, which boasts an astonishing 820 horsepower and weighs just 2,755 pounds. The car’s lightweight carbon-fiber monocoque chassis and advanced aerodynamics make it a formidable opponent on the track. The GT Mk IV is a direct counterpoint to Chevrolet’s Corvette ZR1X, which recently set the … Read more
CoreWeave Inc., which went public in March, has seen its stock quadruple in value by mid-June, with shares still up nearly 150% from their initial offering price. However, early investors who missed the chance to sell have been left waiting, as they are only now receiving a partial opportunity to cash out. This situation has … Read more