Twitch users can now opt out of Amazon AI training
Twitch users can now opt out of Amazon using their content to train generative AI models, a change announced after two years of use.
Business
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The business of AI — funding rounds, acquisitions, enterprise adoption, and market moves. Who is investing, who is partnering, and how AI is reshaping company strategy and the wider economy.
LATEST NEWS
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Amazon Will Train On Twitch Streamers' Content By Default
Amazon will use Twitch streamers' content to train generative AI models by default, unless creators opt out, according to the platform.
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MIT Technology Review Report Highlights Data Challenges for Agentic AI
A report reveals that only 45% of enterprise data is accessible to AI agents, with data laggards accessing less than 30%.
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Lovable Raises $400M at $13.3B Valuation
Lovable, a European vibe-coding startup, raised $400 million in a Series C round at a $13.3 billion valuation, per TechCrunch.
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OpenAI-Backed Thrive Holdings Raises $2 Billion to Expand AI in Enterprise
Thrive Holdings secured $2 billion in new funding at a $12 billion valuation, with plans to expand AI into physical asset management.
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AI Coding Startup Cognition Talks $40B Valuation Raise
AI coding startup Cognition is reportedly in talks to raise funds at a $40 billion valuation, following a $26 billion valuation raise in May.
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Anthropic Names Robert Mahari to Lead Claude in Legal Sector
Anthropic has appointed Robert Mahari as Head of Claude for Legal, marking a significant step in integrating AI into legal practices.
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Minute Media's $250M Acquisition of VideoVerse Collapsed Amid Fraud Allegations
A $250 million acquisition of VideoVerse by Minute Media collapsed after allegations of fraud and forged signatures emerged, with multiple legal cases now underway.
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Accel Closes Oversubscribed $550M India Fund
Accel raised $550 million for an India-focused fund within weeks of its last raise, part of a $3.5 billion global effort. The firm still has over 55% of its previous $650 million India fund available.
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OpenAI Lets Employees Cash Out Another $7 Billion in Stock
OpenAI enabled employees to sell $7 billion in stock at its current $852 billion valuation, following a $122 billion funding round.
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General Catalyst Leads $1.1B Round in 2-Month-Old River AI
River AI, a 2-month-old startup founded by xAI co-founder Igor Babuschkin, raised $1.1 billion in a seed/Series A round led by General Catalyst and AMP PBC.
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Brad Lightcap Leaves OpenAI to Start New Venture
Brad Lightcap, OpenAI's longtime COO, is leaving to pursue a new venture, marking another executive shakeup at the AI research lab.