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Introducing ChatGPT for Financial Services

OpenAI launches ChatGPT for Financial Services, pairing built-in market data with GPT-6 Astra for banking research workflows.

OpenAI introduced ChatGPT for Financial Services, a tailored ChatGPT Work experience shaped by design partners Morgan Stanley and Evercore, targeting investment banking and equity research. It bundles premium data from Daloopa, PitchBook, LSEG News, and Crunchbase hosted on OpenAI infrastructure with granular citations, optimized MCP connectors for S&P Global and FactSet, and 50+ connectors, plus planned entitlement integrations with S&P Capital IQ, LSEG, MSCI, Dow Jones Factiva, and Moody's. It runs GPT-6 Astra, which OpenAI claims is state of the art in information retrieval, financial reasoning, and artifact generation, and includes enterprise controls such as SAML SSO, SCIM, role-based access, and no default training on firm data.

OpenAI Newsupdated · 5d agofirst · 6d agoAI industry 3 sources

Superhuman acquires YC-backed notetaker Fathom as productivity platforms push for agentic work

Superhuman acquires AI notetaker Fathom to add meeting context and agentic workflows to its 40-million-user productivity platform.

Superhuman is acquiring Y Combinator-backed AI notetaker Fathom, which raised over $30 million and was valued at $94 million in 2024. Fathom reports 400,000+ monthly active users and over 1 million people have recorded meetings with it. The deal adds notetaking to Superhuman's suite (email, docs, calendar, database, AI agent builder) to enable proactive AI agents driven by meeting context, competing with Granola, Read AI, and Wispr.

TechCrunch · AI · 2d agoAI industry

AI research startup Listen Labs scrubbed a $1.5B funding round for Salesforce talks

Listen Labs abandoned a signed $125M Series C term sheet at a $1.5B valuation amid acquisition talks with Salesforce at roughly $2 billion.

Listen Labs, a three-year-old voice AI market research startup with about $30 million in annualized revenue, signed a term sheet for a $125 million Series C led by Menlo Ventures at a $1.5 billion valuation but walked away before closing. The financing likely collapsed due to acquisition talks with Salesforce at around $2 billion, though no deal is finalized. Competitor Simile recently closed a $200 million Series B at a $2 billion valuation, resetting benchmarks for the sector. Listen Labs' customers include Microsoft, Canva, Anthropic, and Sweetgreen.

TechCrunch · AIupdated · 4d agofirst · 6d agoAI industry 2 sources

Suno replaces its AI models with a new one trained on licensed music as copyright suits pile up

Suno launched its v6 model family trained on licensed music from Warner, BMG and Believe as copyright lawsuits from Sony and Universal continue.

Suno unveiled a new model family — Suno v6, experimental v6 wild, and faster v6 mini — trained on licensed data from Warner Music Group, BMG and Believe, and plans to retire older models. New capabilities include prompt-based song editing, use of text/images/video as references, and instrument separation, plus a planned opt-in artist remix program. Suno settled with Warner last year and BMG last month, but still faces suits from Sony, Universal Music Group and artists like Jason Isbell, and has raised over $819 million to date.

TechCrunch · AI · 7d agoModel release

Cognition hits $48B valuation, signaling investors believe AI coding is far from a winner-take-all market

Cognition, maker of Devin, raised $2 billion at a $48 billion valuation led by a16z, Accel, and Founders Fund, with revenue at $900M annualized.

Cognition raised $2 billion at a $48 billion valuation, four months after a $26 billion round, led by Andreessen Horowitz, Accel, Founders Fund, General Catalyst, and Avenir. Its annualized run-rate revenue grew from $492 million to $900 million since May, with projected $4-5 billion by end of 2026, while compute costs could push 2026 burn to $800 million. The startup, founded by Scott Wu, counts Mercedes-Benz, NASA, Goldman Sachs, and Citi as customers and is training its own model to cut reliance on OpenAI and Anthropic.

TechCrunch · AI · 7d agoAI industry

XDOF, just 3 months out of stealth, is in talks for a Series B at a $1.2B valuation

Robotics data startup XDOF is in talks for a Series B at a $1.2B valuation led by 8VC, three months after emerging from stealth.

XDOF, co-founded in 2024 by UC Berkeley researchers Philipp Wu and Fred Shentu, collects real-world teleoperation data for training general-purpose robots. It raised a $70M Series A in June from Thrive Capital, Andreessen Horowitz, Lux, and Spark Capital, and annualized revenue is approaching $50 million. The company is partnering with UC Berkeley's AI Research lab to release the ABC robot training dataset and already serves about 20 customers, including several frontier AI labs. Terms of the Series B are not final.

TechCrunch · AI · 11d agoAI industry