OpenAI, the Silicon Valley giant behind ChatGPT, is abandoning its nonprofit roots in favor of a for-profit model. Founded in 2015 as a nonprofit, OpenAI once prided itself on pursuing “advanced digital intelligence” free from financial pressures. But that’s changing, with the board stepping back into a minority position and full control shifting to CEO…
TikTok is facing significant challenges in avoiding a ban in the United States if its Chinese parent company, ByteDance, does not sell the popular app. As reported by Bloomberg, a three-judge panel from the US Court of Appeals for the DC Circuit expressed doubt about TikTok’s claim that a law banning the app violates its…
Bluesky, the emerging social media platform, announced on Monday that it has officially surpassed 10 million users. This impressive growth is primarily due to a recent surge in popularity following the ban of X, formerly known as Twitter, in Brazil. In a celebratory message on its platform, Bluesky posted, “If you’re reading this, you’re one…
Y Combinator, the renowned startup accelerator behind companies like Airbnb and Stripe, is set to expand its cohorts from two to four annually starting in 2025. According to a report by Bloomberg, This change means the accelerator will be active almost year-round, with new spring and fall cohorts joining the traditional winter and summer ones….
