Tue. 04/01 – OpenAI Closes The Biggest Private Tech Round Ever

Masa Son came through for OpenAI, to the tune of a $40 billion dollar round at a $300 billion-dollar post-money valuation. Sam Altman says OpenAI is going back to open weights. A new encryption model for Gmail. A new movie strategy for Amazon. And why the Switch 2 represents a new revenue strategy for Nintendo.

Sponsors:

• FreshBooks.com

Links:

• OpenAI closes $40 billion funding round, largest private tech deal on record (CNBC)
• OpenAI Finalizes $40 Billion Funding at $300 Billion Value (Bloomberg)
• OpenAI plans to release a new ‘open’ AI language model in the coming months (TechCrunch)
• Gmail is making it easier for businesses to send encrypted emails to anyone (The Verge)
• Amazon’s New Movie Strategy Starts With Theaters (NYTimes)
• Nintendo Departs From Its Founding Philosophy With Switch 2 (Bloomberg)