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ChatGPT Shopping Could Get Complicated FastExclusive

ChatGPT Shopping Could Get Complicated Fast

OpenAI has touted shopping inside ChatGPT as a major business opportunity as it tries to raise tens of billions in fresh cash. Meanwhile, the company is still nailing down some online commerce basics. That includes figuring out the best way to navigate state sales taxes—people working on commerce inside OpenAI still haven’t decided how it should handle the collection of sales taxes for purchases made through its site, two people who have talked with them said.

Meta’s Zuckerberg Buys South Florida Home

The home purchase in Indian Creek comes as a one-time tax on billionaires heads to California voters in November.

Spotify’s Revenue Rises 7%, as Ads Fall Again

Spotify executives said the ads business should pick up in the second half of this year.

Another Cofounder of Elon Musk’s xAI Resigns

Wu, who reported to Musk, played a central role in xAI’s core AI model development.

China’s Zhipu Rolls Out New AI Model in Stealth Mode

Pony Alpha, an open-source model released on the OpenRouter marketplace, is actually Zhipu’s new GLM-5 model.

Michael Grimes Returns to Morgan Stanley After Government Stint

Grimes is returning at a time where the Wall Street bank is gearing for a year of mega listings.

Stripe Aims for $140 Billion Valuation in new Tender

Stripe is preparing a potential tender offer that could value the payments company at more than $140 billion, Axios reported. 

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Alphabet Reportedly Set for $20 Billion US Bond Sale

The tech industry has increasingly turned to debt financing to fund exploding spending on data centers and chips.

Workday Co-Founder Returns to CEO Role as AI Fears Mount

Aneel Bhusri, who co-founded Workday in 2005 and stepped down as co-CEO two years ago, is returning to lead the enterprise software firm.

OpenAI Launches ChatGPT Ads

The company said it will add other formats over time but would prevent “narrow ads targeting.”

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Databricks Raises $7 Billion in New Funds

The fundraising effort shows the company has been able to continue to tap the private markets ahead of a widely anticipated initial public offering.

Uber Does Deal With Getir to Expand in Turkey

The deal comes nine months after Uber bought another Turkish delivery service, Trendyol.

SpaceX Shifts Focus to Building Moon City, Musk Says

Musk’s comments come days after he pitched the idea of operating data centers in space.

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