OpenAI announced it has acquired a tiny startup called Torch for an undisclosed sum. An unnamed source told The Information that OpenAI paid $100 million worth of equity for the startup. Torch’s four-person team is joining OpenAI, both companies said. Torch was working on an app that combined all of a person’s medical information for…
Wall Street indexes gain with tech, Walmart
The Federal Communications Commission has given SpaceX approval to launch another 7,500 of its second generation Starlink satellites…
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Andreessen Horowitz just announced the firm has raised a little more than $15 billion in new funding. The haul represents over 18% of all venture capital dollars allocated in the United States in 2025, according to firm co-founder Ben Horowitz, but even more jaw-dropping is that it brings the organization to more than $90 billion…
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Amazon (AMZN) has gained about 6% over the past five days, at the time of writing, Thursday afternoon, Jan. 8. Meanwhile, SPY is up less than half a percent in the same period. Starting the year by beating the S&P 500 might be a good omen for Amazon…
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