Jeff Bezos and OpenAI invest in robot startup Physical Intelligence at $2.4 billion valuation

Amazon's Jeff Bezos and OpenAI invested in Physical Intelligence, a robot startup that raised $400 million at a $2.4 billion post-money valuation.

Business - CNBC - 12 hours ago

This Robotics AI ‘Brain’ Startup Just Raised $400 Million From Jeff Bezos, OpenAI, and Others

Physical Intelligence, now valued at about $2 billion, aims to create AI models that can power robots.

Business - Inc. - 15 hours ago

OpenAI Chair’s AI Startup Sierra Gets $4.5 Billion Valuation in Latest Funding Round

Former Salesforce co-CEO Bret Taylor’s company keeps pulling in money from top VC firms as expectations mount.

Business - Inc. - 6 days ago

Physical Intelligence, a Specialist in Robot A.I., Raises $400 Million

The start-up raised $400 million in a funding round with investments from the likes of Jeff Bezos, Thrive Capital and OpenAI.

Business - The New York Times - 22 hours ago

Bret Taylor’s AI startup Sierra raises funding at $4.5 billion valuation

Sierra, the startup founded by ex-Salesforce co-CEO Bret Taylor, has raised a fresh round of capital that values the company at $4.5 billion.

Business - CNBC - October 28

Jeff Bezos, Elon Musk and the Billions of Ways to Influence an Election

The world’s richest men have their own rocket fleets, their own media and their own schemes to succeed with Donald J. Trump.

Business - The New York Times - 4 days ago

Jeff Bezos’s Advice to the ‘Washington Post’ Shows the Emotional Intelligence That All Business Leaders Need

Managers take heed: Bezos is right—you have to manage both reality and perception or people won’t trust you.

Business - Inc. - 6 days ago

AI Startup Perplexity in Funding Talks to More Than Double Valuation to $8 Billion

The search-based chatbot is seeking to raise around $500 million in what would be its fourth funding round in a year.

Tech - The Wall Street Journal - October 20

This Startup is Investing $1 Billion to Build Lighter Lithium Sulfur Batteries in Nevada Gigafactory

Battery breakthroughs can change whole industries. Lyten has plans for a giant factory that could change how we power space tech, drones, and small EVs.

Business - Inc. - October 16

Jeff Bezos kills the once-great Washington Post

Two billionaire newspaper owners, Patrick Soon-Shiong and Jeff Bezos, have announced their papers will not be endorsing any presidential candidates in the 2024 election, citing their organizations' ...

Politics - The Hill - 6 days ago

Meta unveils AI tools to give robots a human touch in physical world

Meta unveils three tools and benchmarks to enhance robot touch perception, dexterity, and human-robot collaboration in real-world settings.

Tech - VentureBeat - 3 days ago

Biden administration announces $2.4 billion for new rail projects

The Biden administration announced $2.4 billion in funding for new rail projects Tuesday. Officials are hoping the investment will spur new job opportunities for Americans as they undertake 122 ...

Politics - The Hill - 5 days ago

Trump's wealth slumps by $1.9 billion amid DJT stock plunge

Trump Media & Technology Group's stock, which trades under DJT, is plunging just days before the November 5 election.

Jeff Bezos killed Washington Post endorsement of Kamala Harris, paper reports

The Washington Post planned to endorse Kamala Harris over Donald Trump before owner Jeff Bezos, the Amazon founder, decided against it, the newspaper reported.

Business - CNBC - October 26

Liz Cheney: Jeff Bezos 'afraid' to endorse Harris in Washington Post

Former Rep. Liz Cheney (R-Wyo.) criticized Jeff Bezos after The Washington Post, which the billionaire owns, broke with decades of the newspaper’s history and decided not to make an endorsement in ...

Politics - The Hill - October 28

Jeff Bezos, Jay Powell, Serena Williams and More Will Speak at the DealBook Summit

The conference on Dec. 4 will bring together the biggest names in business, politics and culture.

Business - The New York Times - 6 days ago

Jeff Bezos defends decision to end Washington Post endorsements

After resignations and loss of subscribers, billionaire owner pens piece saying endorsements create ‘perception of bias’. Jeff Bezos, the billionaire owner of the Washington Post, has penned a ...

World - The Guardian - October 29

Jeff Bezos defends Washington Post's decision to end endorsements

Billionaire Jeff Bezos said not endorsing a presidential candidate was a "principled" and "right" decision.

Jeff Bezos Defends Decision to End Washington Post Endorsements

Mr. Bezos, the newspaper’s owner, said that presidential endorsements “create a perception of bias” and that “my views here are, in fact, principled.”

Business - The New York Times - October 29

Mubadala and KKR among groups that have held talks with UK data firm 9fin

Investment valuing market information provider at about $500mn would be the sector’s latest high-profile deal

Business - Financial Times - 3 days ago

Beyond to Make Physical Retail Comeback With Investment in The Container Store

Beyond is investing $40 million in The Container Store, providing the struggling retail chain a financial lifeline while returning some Bed Bath & Beyond products back to physical retail locations.

Business - The Wall Street Journal - October 15

Perplexity AI Hopes to Double Its Valuation to $8 Billion

The Jeff Bezos-backed AI company is looking to raise around $500 million in its new funding round.

Business - Inc. - October 20

Perplexity AI seeks valuation of about $9 billion in new funding round

Perplexity started the year with a roughly $500 million valuation and has continued attracting significant investor interest alongside the generative AI boom.

Business - CNBC - October 21

OpenAI’s Journey to $157 Billion Chronicled in Documents

OpenAI originally applied to be recognized as a tax-exempt charitable organization by the IRS in 2016.

Business - Inc. - October 13

OpenAI Veteran Mira Murati Starts Fundraising for Her Startup

Murati left her position as chief technology officer of the world’s best-known AI company at the end of September. She’s now seeking $100 million in funding for her own venture.

Business - Inc. - October 21

JDE Peet’s shares surge as JAB buys Mondelez $2.4 billion stake at a premium

JDE Peet’s also appointed former Kraft Heinz exec Rafa Oliveira as its new CEO as the coffee seller said it’s sales have put it on track to achieve its full-year outlook

Business - MarketWatch - October 21

Jeff Bezos defends Washington Post non-endorsement, says Americans 'don't trust' media

Washington Post owner and Amazon founder Jeff Bezos reacted to criticism over a decision not to endorse Kamala Harris or Donald Trump in the election.

Business - CNBC - October 29

Jeff Bezos defends Washington Post's decision to stop presidential endorsements days before election

Jeff Bezos, the billionaire Amazon founder who owns The Washington Post, defended the newspaper's decision to stop endorsing presidential candidates, arguing in part that the move is a way to shore ...

Owner Jeff Bezos defends Washington Post's decision not to endorse as the right, 'principled' one

The Washington Post owner Jeff Bezos is defending the newspaper's decision not to endorse a presidential candidate as the “right” and “principled” one

Entertainment - ABC News - October 28

Microsoft CFO says OpenAI investment will cut into profit this quarter

Microsoft has invested over $13 billion in OpenAI, a bet that's weighing on the company's profitability.

Business - CNBC - 5 days ago

Amazon is using tech from a Khosla Ventures-backed startup to run robot warehouses at Whole Foods

Fulfil's technology will enable shoppers to purchase items that are not stocked at Whole Foods, such as Coca-Cola soda and Kellogg's cereals.

Business - CNBC - October 15

New York Times to Bezos-Backed AI Startup: Stop Using Our Stuff

Publisher demands that Perplexity stop accessing its content. Startup isn’t interested “in being anyone’s antagonist,” CEO says.

Tech - The Wall Street Journal - October 15

DevRev raises $100.8 million in Series A funding and becomes an AI unicorn at a $1.15 billion valuation

Following its successful Series A funding, DevRev drives forward its mission to revolutionize customer support and product development.

Tech - VentureBeat - 3 days ago

Senegal Plans to Invest About $30.5 Billion In Development

World - Yahoo News - October 14

Biden announces $3 billion investment in U.S. ports

President Biden announced a $3 billion investment to reinvigorate ports across the U.S. Mr. Biden spoke from the Port of Baltimore, not far from the site of the Francis Scott Key Bridge collapse.

Latest in Jeff Bezos and OpenAI invest in robot startup Physical Intelligence at $2.4 billion valuation