Tesla’s valuation doesn’t make sense until it hits this level, fund manager says

Tesla’s valuation doesn’t make sense until it hits this level, fund manager says




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OpenAI’s invite-only video generation app Sora tops Apple’s App Store
Technology

OpenAI’s invite-only video generation app Sora tops Apple’s App Store

Sopa Images | Lightrocket | Getty Images OpenAI now has two of the top three free apps in Apple’s App Store, and its new video generation app Sora has snagged the coveted No. 1 spot. The artificial intelligence startup launched Sora on Tuesday, and it allows users to generate short-form AI videos, remix videos created […]

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U.S. model upgrades are pushing AI startups to move fast – it’s unclear if Europe can keep up
Technology

U.S. model upgrades are pushing AI startups to move fast – it’s unclear if Europe can keep up

Founded in 2022, ElevenLabs is an AI voice generation startup based in London. It competes with the likes of Speechmatics and Hume AI. Sopa Images | Lightrocket | Getty Images Artificial intelligence companies are the hottest ticket items in today’s startup ecosystem but the pace of change is dominated by developments at OpenAI and Anthropic. […]

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Silicon Valley’s new defense tech ‘neoprimes’ are pulling billions in funding to challenge legacy giants
Technology

Silicon Valley’s new defense tech ‘neoprimes’ are pulling billions in funding to challenge legacy giants

Guvendemir | E+ | Getty Images A wave of defense tech startups in Silicon Valley is drawing billions in funding and reshaping America’s national security. Anduril Industries, recently valued at $30.5 billion following its latest funding round, is among the so-called “neoprimes” — companies challenging the dominance of legacy contractors, dubbed “primes,” such as Lockheed Martin, Northrop […]

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