'Our Mission Remains the Same': OpenAI Reverses Course, Says Its Nonprofit Will Remain in Control of the Business

Published on May 5, 2025

OpenAI is transitioning its for-profit business into a public benefit corporation.

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Layoffs hit General Fusion as the fusion power startup runs short on cash

May 5, 2025
CEO Greg Twiney posted an open letter on the company’s website today pleading for money.

A stealth AI model beat DALL-E and Midjourney on a popular benchmark. Its creator just landed $30M.

May 5, 2025
Recraft, the startup behind a mysterious image model that beat OpenAI’s DALL-E and Midjourney on a respected industry benchmark last year, has raised a $30 million Series B round led by Accel, it exclusively told TechCrunch.  Other investors in the round include Khosla Ventures and Madrona. Based in San Francisco, Recraft previously raised a $12 […]