OpenAI strengthens its push into India with Pine Labs fintech partnership

As India emerges as a global hub for applied artificial intelligence, OpenAI has partnered with Pine Labs to integrate AI-driven inference into fintech companies’ payment stacks and automate payment and invoice workflows, which the companies claim could help accelerate AI-driven commerce in India. The partnership will see Pine Labs embed OpenAI’s application programming interface, a […]

Etsy sells used clothing marketplace Depop to eBay for $1.2 billion

Etsy announced Wednesday that it will sell Depop, the used clothing app popular with Gen Z and Millennials, to eBay for $1.2 billion in cash. Etsy says the partnership will allow it to focus on its marketplace. The deal comes nearly five years after Etsy acquired Depop for $1.62 billion, at a time when used […]

Hacking conference “Defcon” expels three suspects, including Epstein

Def Con, one of the world’s largest and longest-running hacking conferences, announced Wednesday that three people associated with Jeffrey Epstein are no longer allowed to attend. The conference justified adding Pavlos Holman, Vincenzo Iozzo, and Joichi Ito to the public list of banned persons, citing their appearance in the Justice Department’s recently released files related […]

SeatGeek and Spotify team up to offer concert ticket sales within their music platform

SeatGeek announced a new integration with Spotify on Wednesday, bringing a seamless ticket purchasing experience to Spotify users. When Spotify users view an artist’s page or upcoming tour dates, they will now see ticket links provided by SeatGeek for concerts at these participating venues, streamlining the purchasing process. This integration is currently available for select […]

Amazon cancels Blue Jay robotics project after less than 6 months

Amazon has hundreds of thousands of robots in its warehouses, but that doesn’t mean all of its robot efforts are success stories. As first reported by Business Insider and confirmed by TechCrunch, the e-commerce giant has canceled its Blue Jay warehouse robot project just months after announcing the technology. Blue Jay, a multi-armed robot designed […]

This former Microsoft chancellor thinks he can defeat CyberArk within 18 months

The current Internet has permission issues. As non-humans (chatbots, AI agents, automated systems) proliferate on the web, so does the need to provide them with credentials, permissions, and identity. This is one of the main reasons identity and access management startups that help manage this new kind of digital workforce are attracting venture capital funding. […]

OpenAI moves into higher education as India looks to expand AI skills

OpenAI is expanding its footprint in India and entering the country’s higher education system through partnerships with leading academic institutions. The move comes as the South Asian country seeks to expand AI skills and build domestic capacity in one of the world’s largest talent markets. OpenAI announced on Wednesday that it is partnering with six […]

World Labs raises $200 million from Autodesk to bring world models to 3D workflows

Fei-Fei Li’s World Labs has secured a $200 million investment from software design giant Autodesk. Through this partnership, the two companies will work together to study how World Labs’ models – AI systems that can generate and infer immersive 3D environments – can work with Autodesk’s tools and vice versa, with a focus on entertainment […]

US court bans use of OpenAI’s ‘Cameo’

A federal district court in Northern California has ruled in favor of Cameo, a platform that allows users to get personalized video messages from celebrities, and ordered OpenAI to stop using Cameo in its products and features. OpenAI used the name “Cameo” for its AI-powered video generation app Sora 2. Users could use the feature […]