Wednesday, April 3, 2024

Yahoo acquires Instagram cofounders' AI news platform Artifact

Yahoo acquires Artifact, co-founded by Instagram's Systrom and Krieger. Integrating AI-powered recommendation engine. Yahoo owns TechCrunch, Engadget, and Taboola. Purchased by Apollo for $5 billion.

from Tech-Economic Times https://ift.tt/nouF3Ay

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OpenAI Foundation outlines $1 billion push, expands leadership team

OpenAI has committed at least $1 billion over the next year as part of recapitalisation efforts for its Foundation. The investment is aimed ...