OpenAI Committed to Buying $51 Million of AI Chips From a Startup Backed by CEO Sam Altman

Documents show that OpenAI signed a letter of intent to spend $51 million on brain-inspired chips developed by startup Rain. OpenAI CEO Sam Altman previously made a personal investment in Rain.

Musk Courts SMBs, After Telling Big Advertisers ‘F*ck You’

X has a new ad strategy — to support small and medium-sized businesses. Musk wants to attract smaller companies to fix X’s failing ad business after he told big brands boycotting his social media
platform to f*ck off.

Meta Takes Down Almost 5,000 Fake China-Based Facebook Accounts

The accounts may have been created to influence the 2024 U.S. presidential election by posing as Americans spreading misleading content focused on U.S. politics and U.S.-China relations.