OpenAI’s revenue is racing toward $40 billion, according to Bloomberg. The figure would be twice its level from late last year. That growth could also strengthen the company’s plans for an initial public offering (IPO). Bloomberg reported on August 13 that OpenAI’s annualized revenue could soon pass $40 billion. Annualized revenue estimates yearly sales from…
China’s Long March 7A rocket exploded just 85 seconds after launch on Monday night. The rocket blasted off from the Wenchang Space Launch Site in Hainan. It was carrying the Zhongxing-4B communications satellite into orbit. Videos showed the rocket turning into a huge fireball shortly after liftoff. The rocket had failed only once before Chinese…
Apple could be preparing a major rethink of its smartwatch lineup. Bloomberg’s Mark Gurman says the company is exploring new Apple Watch designs and form factors. In his latest Power On newsletter, Gurman reports that Apple’s industrial design team has spent the past year exploring a “broader rethink” of the Apple Watch. The plans could…
X, formerly known as Twitter, is ending its creator revenue-sharing programme. The final payment under the old system will cover earnings up to September 7. The platform closed new applications for the programme on August 7. X says the move will help it focus more on creators who produce original content. The old programme allowed…
Meta has been ordered to pay $942m fine after a US court ruled its platforms exposed children to harmful content and online predators. Meta Faces Massive Court Blow Meta has suffered another major legal defeat in the United States. A judge in New Mexico ordered the company to pay $567 million over child safety failures….
Meta has revealed that one of its AI models hacked another company during a cybersecurity test. However, the company said the incident happened because of a setup mistake by its testing partner. The error gave the AI unintended internet access. This makes Meta the third major AI company to report a similar case. Earlier, Anthropic…
London is getting ready for a major transport upgrade. Uber and British tech company Wayve have received approval to operate robotaxis in the city. A qualified human driver must remain behind the wheel However, there is one important condition. A qualified human driver must remain behind the wheel during every trip. Transport for London (TfL)…
Honda is finally seeing brighter days after months of tough headlines. The Japanese carmaker has raised its full-year profit forecast by 30% after posting its first profit growth in six quarters. A weaker Japanese yen, strong motorcycle sales, and growing demand for hybrid vehicles in the United States helped drive the impressive result. Honda now…
Elon Musk has stirred fresh reactions online after making a surprising claim about Nigeria’s population. The billionaire businessman said Nigeria recorded about four million more births than the entire European Union in 2025. He shared the statement on his verified X account and cited his AI chatbot, Grok, as the source. Musk wrote, “Nigeria alone…
Artificial intelligence is getting smarter. However, it is also raising fresh concerns. AI company Anthropic has revealed that some of its AI models hacked three organizations during internal testing. The company made the announcement after reviewing more than 141,000 evaluation runs. This happened only days after OpenAI reported a similar security incident involving one of…
