OpenAI has wrapped up its latest venture capital round, raising $6.6 billion dollars…that’s the biggest venture capital round of all time. Techcrunch.com reports that now OpenAI is valued at $157 billion. Total VC funds including this latest blast of cash brings OpenAI’s total raised to $17.9 billion. OpenAI has asked investors to avoid backing rival startups in AI like Anthropic and xAI. Trying to get investors to not hedge their bets seems like a fool’s errand. Elon Musk’s xAI raised over $6 billion, and is now valued at $24 billion…a long ways from OpenAI’s valuation. Anthropic has raised some $9.7 billion.
Mixed reality headsets are all still too expensive, too heavy, and not quite good enough…save for Apple’s ridiculously expensive Vision Pro. Now, according to macrumors.com, Microsoft is dropping the HoloLens2 headsets. They will sell off the remaining stock and then that’s it. Microsoft will support security updates until the end of 2027, then support will end all together too. Right now, there are no rumors of a new HoloLens headset. My take is that Facebook is on the right track…until you can get things miniaturized enough to fit into a pair of Buddy Holly thick glasses, instead of a big headset…and price said glasses at the price point of a top smartphone or less…mixed reality vision gadgets will stay very much a niche item.
A change in iOS 18 intended to provide better privacy for users may really take a toll on new social apps. 9to5mac.com says contact sharing is more restrictive than ever under iOS 18. Up to now, apps like Instagram or WhatsApp would request access to your contact and you could either grant that access or deny it. Personally, I always deny…I think it is not cool to share your contacts…many of whom are friends in real life…with an app you are on, so that company can pester them to join up. iOS 18 makes matters a lot more granular than before. If an app requests access to your contacts post-update, you can select exactly which contacts you’re okay sharing….if any. This change will make it harder than ever for new social platforms to grow, compared to giants like Meta’s Facebook and Instagram, or TikTok. I look it this way….it’s like if you buy a car, and they ask you to write down all your friends who might be interested in buying one from that dealer, too…or a credit card that offers you a little cash for referring your friends and family. Go get your own prospects, you lazy bum new social apps!
Meta’s Threads platform has been slow of late at adding features, but has just bowed a nifty one. Theverge.com notes that you will now have 15 minutes to edit posts on Threads…up from 5 minutes. This does mean, however, if you have the fediverse switched on, you won’t see your post on other platforms like Mastodon for 15 minutes. Even though tripling time to edit, 15 minutes is a bit miserly compared to other platforms. X, for example, gives you up to an hour if you have a paid subscriptions. Mastodon lets you edit your posts at any time after they are published for free. Another feature add…Threads will now show you who follows you and likes your posts from other fediverse servers like Mastodon.
I’m Clark Reid and you’re ‘Technified’ for now.