ITBEAR

SSI, Founded by Ex-OpenAI Scientist, Raises 1Bwith10−PersonTeam,Hits5B Valuation in 3 Months

September 05, 2024 – According to a report from Reuters, Safe Superintelligence (SSI), an AI startup founded by OpenAI’s former chief scientist Ilya Sutskever, has secured 1billioninfundingtopursuethedevelopmentofsafesuperintelligence,aligningwiththecompany′snamesake.Sourcesindicatethatthestartupisnowvaluedat5 billion. The investment round was led by prominent venture capital firms Andreessen Horowitz, Sequoia Capital, DST Global, and SV Angel. Additionally, NFDG, a partnership managed by Nat Friedman…

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Ford Unveils Patent for In-Car Advertising System, Harnessing User Data for Personalized Ads

September 04, 2024 – Ford Motor Company has unveiled its latest foray into revenue diversification by submitting a patent application for an in-vehicle advertising system, signaling a serious commitment to leveraging the automotive space for targeted advertising opportunities. The United States Patent and Trademark Office (USPTO) records reveal that Ford filed this groundbreaking patent in…

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Microsoft Hits Out at Apple’s ‘Unreasonable’ 30% App Store Fee, Claiming It Hinders iOS Profitability for Cloud Gaming

September 04, 2024 – The Competition and Markets Authority (CMA) in the UK has recently released responses received from various technology companies following its market investigation into the supply of mobile browsers and cloud gaming in the country. Among these responses, Microsoft has strongly criticized Apple for charging a 30% fee on in-app purchases made…

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