Big Money Moves and Tech Recalls: A Week in Review

This week, we're looking at some major financial happenings. OpenAI just scored a massive $6.6 billion investment, making it the largest VC round ever. This brings their total raised funds to nearly $18 billion! ElevenLabs, a company specializing in AI-generated voices, is also attracting investors, with a potential valuation of up to $3 billion. In other news, Elon Musk's X has taken a hit. Its value has dropped significantly, now worth less than a quarter of its original purchase price. We're talking about a drop from $44 billion to around $9.4 billion. Ouch! Let’s switch gears to some tech updates. Cybertruck is back in the news with another recall. This time, it’s due to issues with the rearview camera image delay and blank display when reversing. Meta's new AI model can turn text prompts into short videos, but don’t expect a public release anytime soon.

California Governor Gavin Newsom vetoed a controversial AI bill, SB 1047, which aimed to hold companies accountable for safety protocols. In San Francisco, a solar-powered box with Shazam is identifying songs on the street and uploading them online. Pretty cool, huh? If you're into VPNs, did you know setting one up yourself is more secure than using a paid service? There’s even a handy guide to help you out. And if note-taking apps are your thing, check out Napkin, which focuses on mindfulness and mental wellness over productivity. Y Combinator is facing backlash for backing PearAI, a startup that cloned another project and added its own closed license. iOS 18 brings new changes to the Control Center, including third-party app support. And OpenAI has introduced a new workspace called Canvas for a more collaborative interaction with ChatGPT.

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