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Business· · 1 min

OpenAI reportedly finalizing $100B deal at more than $850B valuation.

Today's top stories highlight ambitious tech investments, courtroom drama involving social media, and the ever-evolving landscape of AI and transportation.

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  1. OpenAI reportedly finalizing $100B deal at more than $850B valuationOpenAI is on the verge of raising a staggering $100 billion, pushing its valuation to over $850 billion. As they test ads in ChatGPT, investors appear to be betting big on the future of AI, even if it means waving goodbye to some users. — TechCrunch
  2. Meta is shutting down Messenger’s standalone websiteMeta is pulling the plug on Messenger's standalone website, forcing users to chat through Facebook instead. It’s like telling someone to go back to using a flip phone after they’ve experienced a smartphone. — TechCrunch
  3. Reliance unveils $110B AI investment plan as India ramps up tech ambitionsReliance's Mukesh Ambani just dropped a $110 billion plan to build AI computing infrastructure in India, proving once again that when it comes to tech, they’re not just talking the talk. With plans for massive data centers and edge computing, it’s a tech revolution waiting to happen. — TechCrunch
  4. Zuckerberg grilled in court over social media harms on teensMark Zuckerberg faced some tough questions in court about the social media chaos affecting teens, revealing that parental supervision might not be enough to keep kids from endless scrolling. It’s like discovering that the candy jar was never going to be off-limits. — TechCrunch
  5. SoftBank to spend an eye-popping $33B to build huge U.S. gas power plantSoftBank is going big, planning a $33 billion gas power plant on the Ohio-Kentucky border that could power 7.5 million homes. It’s a gamble that’s as big as the price tag, and we’re just hoping they remember to check the budget. — TechCrunch
  6. New York hits the brakes on robotaxi expansion planWaymo's dreams of robotaxis cruising through New York have hit a speed bump as the state pulls back on its expansion proposal. Looks like those self-driving cars will have to stick to the drawing board a little longer. — TechCrunch