🚗 When it rains: Autonomous vehicle software startup Applied Intuition has raised $300 million just four months after closing a $250 million Series E round. This is yet another sign of how white-hot the investment scene is for artificial intelligence companies. Read more
🔎 Meet SearchGPT: It's OpenAI's latest product, which is an AI-powered search experience to rival Google. The feature is designed to give "timely answers" to questions, drawing from web sources. Read more
🤑 Delivering discounts: A number of public cloud providers offer savings plans and reserved instances designed to incentivize companies to spend on infrastructure by passing along discounts. But unlocking these discounts requires committing to multi-year agreements, which isn't something every customer is in a financial position to do. Aran Khanna was an AI engineer at AWS when he realized that there might be a way around this. Read more
📣 What's happening at WhatsApp: All that marketing over the past two years has paid off. Meta CEO Mark Zuckerberg said WhatsApp now has more than 100 million monthly active users in the U.S. Read more
💰 Channeling capital: Endeavor's CEO Linda Rottenberg says long-term capital needs to be prioritized in emerging ecosystems, for example, in Nigeria, Egypt and Vietnam. There are not enough local investors to write large checks, and most are starting to approach deals timidly and also self-servingly, she says. Read more
📜 Substack evens the playing field: Substack is rolling out the ability for writers to draft and publish new posts directly from their phone via its iOS app. Until now, users have only been reading content through the app. With this update, Substack is catching up with Medium and WordPress' mobile apps, both of which allow users to draft and publish. Read more
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