Startup

MediaTek has confirmed that it has secured a second AI application-specific integrated circuit (AI ASIC) customer.

According to a Financial Times report on October 31, ChatGPT developer OpenAI has lowered the target for its latest funding round.

Ollie, a privacy-focused AI assistant startup, will shut down in one week. Co-founder and CEO Bill Lennon announced on X on Friday that the app will officially close on November 6.

phData has raised new funding from existing investor Gryphon Investors, with participation from Anthropic, to expand enterprise AI and data services.

The company said more than $2.5 billion in assets had been frozen, and a suspected hack triggered sharp declines in prices of various digital tokens.