Africa's Markets, Startups & Money Moves — Updated Daily

OpenAI in Talks to Raise $30 Billion at $1.4 Trillion Valuation in Pre-IPO Round

OpenAI is in talks with investors to raise at least $30 billion in a pre-IPO funding round at a valuation of roughly $1.4 trillion, Bloomberg reported on Tuesday.

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Security Researchers Expose Cracks in the ChatGPT-maker’s Defenses

In a twist that captures the strange new state of AI security, independent security researchers have used Anthropic’s Claude to break into OpenAI, exposing cracks in the ChatGPT-maker’s defenses

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OpenAI Considers Slowing Cutting-Edge AI Development Amid Safety Concerns

OpenAI is considering slowing down the development of cutting-edge artificial intelligence, and the ChatGPT maker’s Chief Executive Officer Sam Altman is hoping other AI companies will do the same.

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Adobe Acquires India-Based Marketing Intelligence Startup Rilo

Adobe has acquired India-based marketing intelligence startup Rilo in a deal involving licensing and team acquisition

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How to Know If Your AI Account Has Been Hacked

Here is a comprehensive guide to help you protect yourself if you suspect someone has broken into your account on one of the internet’s most popular platforms, social networks, or messaging apps.

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NextSlide is Joining OpenAI

NextSlide recently announced that it’s joining OpenAI, with the presentation startup’s team members now working on ChatGPT.

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Former OpenAI Exec Ryan Beiermeister Joins Founders Fund

Former OpenAI exec Ryan Beiermeister has joined Founders Fund as a partner, she announced on Monday. Beiermeister is well-known in Silicon Valley for a number of reasons.

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OpenAI Launches a New Set of Personal Finance Tools

The new product comes just one month after OpenAI acquired the team behind personal finance startup Hiro, which was backed by firms like Ribbit, General Catalyst, and Restive, in April.

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