Venture Openai Spend

Severance spending at top UK universities surges

FT analysis shows drop-off in overseas enrolments pushed redundancy payouts up by more than a fifth in 2024

Financial Times - Jan. 19

OpenAI’s Ex-CTO Raids Rivals for Top Team at Her Startup

Mira Murati’s still unnamed AI startup’s goal remains a mystery, but she clearly has a plan—starting with gathering a pool of industry experts.

Inc. - Jan. 17

Bitkraft Ventures hires Anuj Tandon to kick off game investments in India

Anuj Tandon has joined Bitkraft Ventures, a seed-stage investor for interactive media and games, as partner focused on the fast-growing Indian game market.

VentureBeat - Jan. 17

5 ways to spend less money in 2025

Economic issues are straining people's finances, but these tactics can help you free up cash and spend less money.

CBS News - Jan. 17

How GTA pioneer Dan Houser’s Absurd Ventures will make great worlds with strong storytelling

South Korean game publisher Smilegate recently made a strategic investment and became a partner in Absurd Ventures, a game studio founded by Rockstar Games cofounder Dan Houser. Houser spent more ...

VentureBeat - Jan. 16

US targets China’s answer to OpenAI with trade blacklisting

Beijing-based Zhipu singled out among artificial intelligence start-ups for allegedly advancing Chinese military capabilities

Financial Times - Jan. 16

Treasury Says Pandemic Spending Saved Jobs

Treasury Secretary Janet Yellen said the Biden administration’s stimulus checks reduced major downside risks.

Inc. - Jan. 15

OpenAI Details How It Would Like AI to Be Regulated

The resulting regulation—or lack thereof—could have repercussions for businesses working on artificial intelligence.

Inc. - Jan. 14

How AI Triggered a Venture Capital Uptick in 2024

VC dealmaking is on the rise, but still well below peak levels in 2021.

Inc. - Jan. 14

OpenAI outlines proposals to bolster national security, drive economic growth

OpenAI laid out a series of new artificial intelligence (AI) policy proposals Monday, encouraging U.S. development of the emerging technology to stay ahead of China while minimizing its risks. "As ...

The Hill - Jan. 13

OpenAI Courts Trump With Vision for ‘A.I. in America’

The maker of ChatGPT hopes to spur investment from the Middle East and avoid strict regulations on the development of new technologies.

The New York Times - Jan. 13

How a Driving Instructor to the Stars Spends Her Sundays

Shanti Gooljar grabs some coffee before eight hours of heart-racing driving lessons around New York City. She caps off her day by having dinner with her son.

The New York Times - Jan. 11

OpenAI has begun building out its robotics team

Previously, OpenAI partnered with robotics startup Figure to provide the models powering the latter's humanoid robots.

VentureBeat - Jan. 10

Disney’s streaming strategy gets more confusing as Venu Sports venture is axed

Analysts are split on whether Disney should move forward with plans to combine Hulu + Live TV and Fubo, following the cancellation of its sports joint venture with Fox and WBD.

MarketWatch - Jan. 10

Disney, Warner Bros., Fox kill streamed sports joint venture

Three of the nation's largest broadcast media companies have scrapped plans to launch a joint direct-to-consumer streaming platform for live sports, the group announced Friday. Warner Bros. ...

The Hill - Jan. 10

Reeves faces 'difficult decisions' on tax and spending

The warning from a former Bank of England official comes in the wake of rising UK borrowing costs.

BBC News - Jan. 10

Constellation Brands’ stock slides as CEO cites ‘uncertainty’ about consumer spending

The parent of the Modelo and Corona beer brands lowered its 2025 outlook, despite third-quarter profit growth.

MarketWatch - Jan. 10

Whitehall braced for spending cuts after UK hit by bond market turmoil

Rising gilt yields mean government departments may face further squeeze

Financial Times - Jan. 10

Why are the A's spending big this winter as they relocate to Sacramento?

Brent Rooker's $60 million extension marks the latest expenditure for the typically thrifty A's.

Yahoo Sports - Jan. 9

Musk calls on California and Delaware to force auction of OpenAI stake

Latest salvo in legal battle over ChatGPT-maker’s restructuring as a for-profit company

Financial Times - Jan. 9

New York Yankees Done With Big Spending in Busy Offseason

The New York Yankees are done signing high-priced free agents, a source with knowledge of their situation said. That leaves coveted players such as Pete Alonso and Alex Bregman among the 164 free ...

Yahoo Sports - Jan. 9

Bond market ‘police’ are back as investors patrol spending plans

Debt market flare-ups show growing pushback against governments’ loose fiscal policies

Financial Times - Jan. 9

‘We need to be in the room’: DOGE Caucus Democrat works with GOP to slash spending

Rep. Val Hoyle (D-Ore.), a member of the new House caucus partnering with President-elect Trump’s announced Department of Government Efficiency, joins Meet the Press NOW to discuss the bipartisan ...

NBC News - Jan. 8

OpenAI CEO Sam Altman Denies Sexual-Abuse Claims Made by Sister

Ann Altman’s lawsuit says the alleged abuse occurred at the family’s home in Missouri when she and Sam Altman were children.

The Wall Street Journal - Jan. 8

OpenAI CEO Sam Altman denies sister's sexual abuse allegations in lawsuit

OpenAI CEO Sam Altman’s sister, Ann Altman, filed a lawsuit on Monday, alleging that her brother sexually abused her regularly between the years of 1997 and 2006.

NBC News - Jan. 8

OpenAI chief executive Sam Altman accused of sexual abuse by sister in lawsuit

Tech entrepreneur and family say Ann Altman’s claims that abuse started in childhood are ‘utterly untrue’ . The sister of the OpenAI chief executive, Sam Altman , has filed a lawsuit alleging that ...

The Guardian - Jan. 8

Piers Morgan targets US after YouTube venture buyout from Rupert Murdoch’s News UK

British presenter’s production company to acquire his ‘Uncensored’ show

Financial Times - Jan. 8

Heads say they face tough choices on school spending as costs rise

A new report says schools in England may have to make cuts to meet pupils' needs and cover pay rises.

BBC News - Jan. 8

'I can't spend another five years in my caravan'

A Doncaster mum suffers her second major flood in five years.

BBC News - Jan. 7

Israel Needs to Go on the Offensive, Boost Military Spending, Commission Urges

More military spending is needed to orient Israel’s military toward an attack posture, an Israeli government commission warned.

The Wall Street Journal - Jan. 7

Sources: A's keep spending with Rooker extension

Designated hitter Brent Rooker and the Athletics are in agreement on a five-year, $60 million contract extension, sources told ESPN, continuing a winter of uncharacteristic spending with a ...

ESPN - Jan. 7

How Nato will hold European capitals to higher defence spending promises

Also in this newsletter: The countries breaking EU law by ignoring green deadlines

Financial Times - Jan. 7

NDSU’s Dominance in FCS Football Doesn’t Extend to Bison Spending

North Dakota State’s football team isn’t among the highest spenders in FCS—far from it in fact. But the school’s dominant 15-year run continued on the field Monday night, as the Bison upset ...

Yahoo Sports - Jan. 7

OpenAI begins 2025 with massive hype for AGI, superintelligence

The AGI and superintelligence hype has hit a fever pitch unlike any I've seen in my 15 years writing about technology.

VentureBeat - Jan. 6

‘Virtual employees’ could join workforce as soon as this year, OpenAI boss says

Sam Altman says tools that carry out jobs autonomously, known as AI agents, could transform business output. Virtual employees could join workforces this year and transform how companies work, ...

The Guardian - Jan. 6

France signals fewer spending cuts and tax rises ahead of budget talks

Economy minister seeks to ‘protect growth’ with slightly higher deficit target for 2025

Financial Times - Jan. 6

Chinese venture capitalists force failed founders on to debtor blacklist

Pursuit of entrepreneurs threatens start-up ecosystem as investors target personal assets to claw back funding