Bending Spoons
Bending Spoons agrees to buy Eventbrite for $500M
Bending Spoons acquires Eventbrite for $500M, adding another internet brand to its portfolio of systematically transformed digital properties.
AI
OpenAI Dev Day 2025: Apps SDK, AgentKit, and New Models Transform Developer Platform
OpenAI held its third annual Dev Day conference at Fort Mason in San Francisco, unveiling a suite of new tools and models aimed at solidifying its position as a comprehensive AI development platform. Platform Growth CEO Sam Altman opened the event by highlighting OpenAI's explosive growth. The platform
AI
OpenAI Launches Sora 2
OpenAI's Sora 2 brings synchronized audio, improved physics simulation, and a social platform for AI-generated video. But is the world ready for a TikTok made entirely of synthetic content?
Technology
Meta Unveils $799 Ray-Ban Display Glasses with Neural Control at Connect 2025
Mark Zuckerberg unveils Meta's first smart glasses with a built-in display and neural wristband control, launching September 30th for $799. A major step toward mainstream AR.
Finance
OpenAI Employees could participate in $6 Billion Liquidity Event at $500 Billion Valuation
Key Takeaways * Current and former OpenAI employees are negotiating to sell approximately $6 billion in shares to SoftBank, Thrive Capital, and Dragoneer Investment Group at a $500 billion valuation * The transaction represents a significant jump from OpenAI's current $300 billion valuation established earlier this year * Only employees with
Finance
Gemini Exchange Moves Forward with Public Offering as Crypto Market Gains Mainstream Acceptance
Key Takeaways Gemini has made public its filing for a US initial public offering, confirming plans to list on Nasdaq under the ticker GEMI, positioning itself as the third major cryptocurrency exchange to enter public markets after Coinbase and Bullish. The company reported a net loss of $282.5 million
Technology
OpenAI Addresses and fixes GPT-5's 'Cold' Personality After User Revolt
Key Takeaways OpenAI has reversed course on GPT-5's personality after widespread user criticism, restoring GPT-4o for paid subscribers and promising a "warmer" version of GPT-5. Nearly 5,000 users signed onto a Reddit backlash thread titled "GPT-5 is horrible," with users hitting usage limits
Leadership
Ford Names Veteran Executive Alicia Boler Davis President of Ford Pro
Key Takeaways * Alicia Boler Davis, former CEO of Alto Pharmacy and Amazon S-Team executive, will lead Ford Pro starting October 1, 2025 * She brings over 30 years of experience spanning automotive manufacturing at GM, tech logistics at Amazon, and healthcare innovation * Ford Pro is Ford's most profitable division,
Technology
OpenAI Returns to Open Source with gpt-oss Release
OpenAI has released gpt-oss-120b and gpt-oss-20b—two state-of-the-art open-weight language models that deliver strong real-world performance at low cost. Available under the flexible Apache 2.0 license, these models outperform similarly sized open models on reasoning tasks, demonstrate strong tool use capabilities, and are optimized for efficient deployment on consumer
Technology
OpenAI Raises $8.3B at $300B Valuation
OpenAI has secured $8.3 billion in new funding at a $300 billion valuation, according to The New York Times. The oversubscribed round closed months ahead of schedule as part of the company's broader strategy to raise $40 billion in 2025. Funding Details Lead Investor: Dragoneer Investment Group
Technology
Ramp Hits $22.5B Valuation Just 45 Days After Reaching $16B
Ramp, the financial operations platform, announced its Series E-2 funding round on July 30, 2025, raising $500 million at a $22.5 billion valuation. ICONIQ led the round with participation from existing investors including Founders Fund, D1 Capital Partners, GIC, Coatue, Avenir Growth, Thrive Capital, Khosla Ventures, Sands Capital, 8VC,
Technology
Figma IPO Approaches 40 Times Oversubscribed Ahead of Trading Debut
Figma's initial public offering is approaching 40 times oversubscribed according to sources familiar with the matter, positioning it as potentially the year's most in-demand listing. The San Francisco-based design and collaboration software company raised its price range to $30-$32 per share from an initial $25-$