OpenAI reportedly lowers funding target for new round

According to reports by the Financial Times and Wall Street Journal, OpenAI has reduced its new funding target to $20 billion, having secured $11 billion so far. Fundraising efforts faced a tepid response from some large investors amid growing market caution regarding heavy AI infrastructure spending and tech stock sell-offs. https:// en.hacks.gr/i-openai-meionei-t on-stocho-chrimatodotisis-sta-20-disekatommyria-dolaria/ # OpenAI # ArtificialIntelligence # Business # Investment

💰 An African developer recreated a $1.3 million startup idea in just 9 minutes On October 30, YC-backed startup Subvocal announced a $1.3 million funding round led by Y Combinator and Afore Capital. Its product? Smart glasses that convert silent speech into text by detecting tiny movements in facial muscles. According to the company, the technology can process more than 200 words per minute. But just one day later, developer Joe Blau demonstrated a surprisingly different approach. He built an experimental application for AirPods Pro 3 that attempts to detect silent speech using the headphones’ built-in accelerometer and gyroscope. The idea is simple, even when you don’t speak aloud, silently forming words creates tiny movements that can be detected through sensors. His software reportedly reads these signals around 25 times per second. Blau claims he built the application in just 9 minutes using AI-assisted coding, commonly known as vibecoding. A $1.3 million startup versus a developer with AirPods and 9 minutes of coding. Of course, a quick prototype is not necessarily a replacement for Subvocal’s dedicated hardware or a proven product. But it’s another example of how AI-assisted