Tue. 04/01 – OpenAI Closes The Biggest Private Tech Round Ever

Masa Son came through for OpenAI, to the tune of a $40 billion dollar round at a $300 billion-dollar post-money valuation. Sam Altman says OpenAI is going back to open weights. A new encryption model for Gmail. A new movie strategy for Amazon. And why the Switch 2 represents a new revenue strategy for Nintendo. Sponsors: FreshBooks.com Links: OpenAI closes $40 billion funding round, largest private tech deal on record (CNBC) OpenAI Finalizes $40 Billion Funding at $300 Billion Value (Bloomberg) OpenAI plans to release a new ‘open’ AI language model in the coming months (TechCrunch) Gmail is making it easier for businesses to send encrypted emails to anyone (The Verge) Amazon’s New Movie Strategy Starts With Theaters (NYTimes) Nintendo Departs From Its Founding Philosophy With Switch 2 (Bloomberg)