Snap spins off AI video team into new company, Dotmo, due to costs
Snap just spun off its AI video team into a new company called Dotmo to cut costs. This move allows Snap to streamline operations while focusing on its core business.
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Barret Zoph is out at OpenAI again after just five months
Barret Zoph leaves OpenAI after a brief five-month stint. This shakeup raises questions about leadership stability at the company.
Source: Elastic agrees to buy CRV-backed DeductiveAI for up to $85M
Elastic just agreed to buy DeductiveAI for up to $85 million. This acquisition strengthens Elastic's capabilities in AI-driven data analysis and insights.
How the Peter Thiel-Linked Dialog Club Secretly Ranks Its Members
Dialog Club, linked to Peter Thiel, is secretly ranking its members based on their influence and connections. This ranking could impact networking opportunities and access within elite circles.
AI inference startup Baseten reportedly raising $1.5B months after its last mega-round
Baseten is raising $1.5 billion just months after its last funding round. This massive influx of cash signals strong investor confidence in their AI inference technology and could accelerate their growth plans.