Crunchbase News (2 weeks ago)
As AI agents gain access to enterprise data, systems and tools, they are emerging as a new class of active identity requiring specialized permissions, monitoring and governance, writes guest author Itay Sagie.
Read the full story on Crunchbase News.
The FBI arrested a Saudi national who worked at OpenAI on the product team. The AI maker accused the employee of hiding a recording device in an executive conference room.
Judge Edward Davila today granted some of Apple’s requests for expedited discovery in its trade secrets lawsuit against former employees, OpenAI, and io Products. Here are the details. more…
An OpenAI engineer was arrested after the company said it discovered a “sophisticated recording device” hidden in one of its offices.
A federal judge ruled that Apple can access OpenAI’s interview materials involving former Apple employees, as well as private messages and testimony from key figures in the case.
Its prices make it competitive for developers and businesses willing to pay for their AI use, but the lack of a free option will likely hamstring mainstream appeal.
Mark Zuckerberg says Meta committed as much as $200B to AI infrastructure before anyone could tell him it would work, with his chief AI officer saying it was not clear at all. Meta’s free cash flow fell 91% in the second quarter.
The next generation of super apps will likely emerge in markets where widespread mobile access, weak competition, poor financial services and crises that erode trust in banks create demand for a single trusted platform, writes guest author Nnamdi Okike, co-founder and managing partner of 645…
In a recent interview with Crunchbase News, Brendan Wallace, founder, CEO and chief investment officer of Fifth Wall, discussed the AI shift, why proptech funding totals may overlook some of the sector’s biggest investments, what it all means for founders, and the housing problems he believes still…
As the AI startup boom progresses, investors appear to be leaving few niches unfunded.
Active startup investors largely kept up or increased their dealmaking pace in the third quarter, even as overall venture funding declined with the absence of new record megarounds for AI leaders.
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