TNW News

Six weeks was all it took. On 9 February, OpenAI switched on advertisements inside ChatGPT for free-tier users in the United States. By late March, the company disclosed that the pilot had crossed $100 million in annualised revenue, drawn more than 600 advertisers, and reached fewer than a fifth of eligible users. Now OpenAI is […]

TNW News

A US federal judge has dismissed Elon Musk’s antitrust lawsuit against advertisers who pulled their spending from X, ruling that the company failed to state a valid legal claim and barring it from ever refiling the case. US District Judge Jane Boyle, presiding in Dallas, dismissed the suit with prejudice on Thursday and denied X […]

TNW News : Business

Xero, the New Zealand-founded accounting platform used by 4.6 million subscribers worldwide, announced on Wednesday a multi-year partnership with Anthropic that will embed Claude directly into its product and, more unusually, bring Xero’s financial data into Claude.ai itself. The deal means small business owners will be able to ask Claude questions about their cash flow, […]

TNW News

Google published a research blog post on Tuesday about a new compression algorithm for AI models. Within hours, memory stocks were falling. Micron dropped 3 per cent, Western Digital lost 4.7 per cent, and SanDisk fell 5.7 per cent, as investors recalculated how much physical memory the AI industry might actually need. The algorithm is […]

TNW News : Technology

Pepper, a New York-based technology platform for independent food distributors, has acquired Alima, a Y Combinator-backed startup that built ordering and procurement software for small food distributors in Latin America. The deal, announced on Tuesday with no disclosed financial terms, brings Alima’s two cofounders into Pepper’s leadership team and extends the company’s push into AI-driven […]

TNW News : Technology

The acquisition of Promptfoo, which counts more than 125,000 developers and 30-plus Fortune 500 companies among its users, is OpenAI’s most direct move yet into AI application security. Its technology will go into Frontier, the company’s enterprise agent platform launched just a month ago. When Ian Webster was leading the LLM engineering team at Discord, […]