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The Marked Chart Wire · Tech and AI
OpenAI
The AI firm raised $11 billion, falling short of its revised $20 billion target and original $30 billion goal. It plans to approach private wealth managers and high net worth investors for additional capital soon.
Part of a series: OpenAI funding round faces delays and target cuts
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OpenAI
Openai is said to have reduced its funding goal to $20 billion while maintaining a $1.25 trillion valuation, according to a report.
OpenAI
Openai announced it will launch a community safety report addressing violence prevention and the effectiveness of its safeguards. The company plans to release the initial document in early 2027.
Online Safety Act
A London judge dismissed the appeal by Meta, TikTok and X against Ofcom. The British regulator demanded information from the platforms under the Online Safety Act.
HotIntel
Intel stock declined on Friday because rising memory prices are reducing the company's sales of chips for personal computers.
AI and chips
Standard & Poor's notes that Meta's ability to generate revenue from its artificial intelligence investments is more restricted than that of its competitors.
HotAI Spending
A compilation of SEC filings estimates Big Tech's future obligations at $4.11 trillion, a 25 percent increase from August. Alphabet leads with $1.06 trillion in commitments, followed by Meta and Microsoft.
Fast headlines, summarized. Not verified and not advice. Check the full story before you act.