Sources: OpenAI expects its revenue to grow to $11.6B in 2025; ChatGPT has 10M paying users and could bring in $2.7B in revenue in 2024, up from $700M in 2023 — Thrive Capital is investing more than $1 billion of OpenAI's current $6.5 billion fundraising round, and it has a sweetener …
SEMI: China is projected to invest $100B+ on chipmaking equipment from 2025 to 2027, followed by South Korea at $81B, Taiwan at $75B, and the Americas at $63B — Semiconductor manufacturers will spend a record $400 billion on computer chip-making equipment in 2025-2027 …
Chinese state media has embraced the success of Black Myth: Wukong, a Chinese AAA game that has sold 20M+ copies globally, hailing it as a soft power export — China is changing its long-critical stance thanks to the smash hit, according to Chinese game developers and industry analysts.
The UK CMA rules that Amazon's $4B Anthropic deal does not qualify for an investigation under merger laws as Anthropic's UK revenue did not meet needed limits — The Competition and Markets Authority said Friday that the tie-up did not qualify for an investigation under merger laws.
DefiLlama: Coinbase's L2 Ethereum network Base stands at $2.08B in total value locked, up from $430M at the start of 2024, marking a 370% growth year-to-date — - Base has surpassed a total value locked of $2 billion for the first time — a 370% increase year-to-date.
Current and former staff say OpenAI has rushed product announcements and safety testing, lost its lead over rivals, and Altman is detached from the day-to-day — Executives and researchers have left this year amid disputes over the company's values and fights among its leaders
Financial Times : Russian cryptocurrency payment network A7 expands to Africa, as Moscow builds an alternative payments system amid weste...
