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Welcome back to Week in Review . This week , we ’re diving into OpenAI ’s $ 6.6 billion fundraising round , the fifth Cybertruck recall in less than a year , and a neat project that ’s Shazam - ing songs hear on a San Francisco street . Let ’s get into it .
OpenAI exit the largest VC daily round of all timethis week . The startup announcedit rear $ 6.6 billionin a backing round that values OpenAI at $ 157 billion post - money . leave by former investor Thrive Capital , the new immediate payment fetch OpenAI ’s total raised to $ 17.9 billion , according to Crunchbase . As part of the unit of ammunition , OpenAI alsosecured a massive credit tune .
ElevenLabs is being approachedby existing and newfangled investor about a new round , which could respect the companyas eminent as $ 3 billion , TechCrunch has pick up . The 2 - year - old company specializes in making AI tools to generate synthetic articulation for narrate audiobooks as well as real - time video dubbing into other spoken communication .
Elon Musk ’s X is now deserving lessthan a quarter of its $ 44 billion leverage price , according to a new estimate from investor Fidelity . The plus director ’s Blue Chip Growth Fund now values its stake in Xat approximately $ 4.19 million , implying that it is currently valuing X at about $ 9.4 billion overall .
This is TechCrunch ’s Week in Review , where we recapitulate the week ’s biggest news . Want this delivered as a newssheet to your inbox every Saturday?Sign up here .
News
Another Cybertruck recall : This time because the rearview camera image may be delay by two endorsement after shift into black eye , and the display may appear blank for up to eight minute when the fomite is in reverse . Read more
Generate infinite Moo Dengs : Meta ’s former Movie Gen model turns text edition prompt into short , relatively realistic videos with auditory sensation . It ’s purely an AI enquiry concept , and , wisely , Meta is n’t giving it a public release . translate more
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SB 1047 vetoed : California regulator Gavin Newsom vetoed controversial AI note SB 1047 . The bill that would have made company liable for carry out rubber communications protocol was fight back by many in Silicon Valley , including OpenAI.Read more
Analyze this : Meta has clarify that while image and videos captured with Ray - Ban Meta are not used to train its AI , that media fall down under a completely dissimilar stage set of policies once you ask Meta AI to analyze them . Read more
The sounds of San Francisco : A solar - powered corner with an Android speech sound running Shazam 24/7 was installed on a San Francisco street pole to identify bops in the state of nature . The song are upload to a website so you may hear the sounds of the city from wherever you are . Read more
A more unassailable VPN : The best cypher VPN is one that you have set up and secured yourself , not one from a paid VPN service . Here ’s a handy usher on how to make one in 15 minutes . Read more
The anti - generative notation - have app : Napkin is a note - take app on Io that wants to stomach out against the eternal sleep by focusing on mindfulness and mental wellness rather than productiveness and utility . Read more
repercussion for Y Combinator : Y Combinator is being criticise for backing PearAI . The startup ’s beginner has openly said that it ’s a clone written matter of another project , but PearAI ’s misstep was to slap its own made - up shut licence on its undertaking that was written by ChatGPT.Read more
Make iOS 18 body of work for you : iOS 18 brings substantial changes to the Control Center — including the ability to use third - company apps . Here are some iOS 18 - ready apps that can make your Control Center more useful . interpret more
A raw means to interact with ChatGPT : OpenAI has a raw “ Canvas ” workspace that let users generate writing or code and have the mannikin suggest edits and pop the question feedback for a more collaborative work flow . Read more
