Tech
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Elon Musk Becomes First Person Ever Worth $400 Billion
A 67% post-election rally for Tesla rocketed the tech mogul to record wealth
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TikTok Offers Cash to Users to Recruit Friends Ahead of US Ban
Current creators are being offered up to $400 to recruit new users to the app
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AI Deals in 2024 Blow Past 2023 Investment at $55.3 Billion
The artificial intelligence industry has already received $1.2 billion more than it did last year, and that’s without accounting for Q4
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OpenAI Launches Sora Video Generator With ‘Many Limitations’
“It often generates unrealistic physics and struggles with complex actions over long durations,” the ChatGPT company explains
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Enterprise AI is Moving Fast, and Other Takeaways From a Week With Amazon
We may not get an AI phone anytime soon, but generative AI is solving real business problems, a promising sign for the technology’s future.
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Tech
Available to WrapPRO members
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TikTok Files Emergency Appeal to Give Supreme Court, Trump ‘Breathing Room’ to Review Ban
The Chinese-owned social app asks for a temporary halt on a law that will ban TikTok from the U.S. in January
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Google Placed Under Federal Supervision by Consumer Finance Protection Board
In response to the CFPB, the company has filed a lawsuit to block the action, which could result in monitoring akin to a bank
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James Cameron to Bring ‘World-Class’ 3D Experiences to Meta’s Quest VR Headsets
The filmmaker says he was “amazed” by Quest’s “transformational potential and power” to tell stories
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OpenAI’s ChatGPT Hits 300 Million Users
CEO Sam Altman adds it would be “profoundly un-American” for Elon Musk to target his company via DOGE
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Microsoft Hit With $1.27 Billion Lawsuit Over ‘Punishing’ Cloud Practices
The tech giant overcharged U.K. companies for using its Windows Server when used with rival cloud services, the lawsuit claims
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Apple Employee Sues Over Company Surveillance Policies That ‘Unlawfully Restrain’ Staff Freedoms, Suppress Speech
The tech giant unlawfully tracks what employees say on their personal devices, digital ads manager Amar Bhakta claims
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X Is Worth 72% Less Than the $44 Billion Elon Musk Paid for It, Despite 32% Rebound in Share Valuation
The platform is worth $12.32 billion after Fidelity recently marked up X’s valuation
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OpenAI Considers Ads, Wants to Be ‘Thoughtful’ About Serving Them With Chat Responses
CFO Sarah Friar says the AI company is looking at bolstering its sales by introducing advertisements to its products
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Alexis Ohanian, Reddit Co-Founder, Has Thyroid Partially Removed After Cancer Scare
“To my fellow, men — make those doctor’s appointments — especially if y’all are dads,” writes the tech entrepreneur, who is married to Serena Williams
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How Prime Video Is Capitalizing on AI to Drive Engagement | Exclusive
“Everything we do around content, discovery and personalization is AI-driven and that’s the core of our service,” the streamer’s product VP Adam Gray tells TheWrap
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Tech
Available to WrapPRO members