OpenAI is winding down its GPT-4 AI model in ChatGPT

OpenAI will soon retire GPT-4, an AI model it launched over two years ago, from ChatGPT, the company announced in a changelog on Thursday. Effective April 30, GPT-4 will be “fully replaced” by GPT-4o, the current default model for ChatGPT, OpenAI said. However, GPT-4 will remain available in OpenAI’s API. “In head‑to‑head evaluations, [GPT-4o] consistently […]

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Startups Weekly: Enjoying the reprieve

Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. Startups aren’t isolated from the world. But this week, funding news felt positively uncorrelated from the overall news cycle, offering somewhat of a reprieve — or perhaps […]

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Leaders from Accel and Paladin Capital Group join the stage at StrictlyVC London in May

Mark your calendar — StrictlyVC London is just around the corner on 13 May. Designed for founders, entrepreneurs, and investors, this exclusive gathering promises deep VC insight and high-value connections. We’re thrilled to welcome our first pair of confirmed speakers: Nazo Moosa, managing director of Paladin Capital Group, and Sonali De Rycker, partner of Accel […]

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Lucid Motors wins bankruptcy auction for Nikola’s Arizona factory and other assets

EV startup Lucid Motors has emerged as a surprise winner in the bankruptcy auction for electric trucking company Nikola’s Arizona factory and other assets, according a late Thursday night court filing. Lucid committed around $30 million in cash and non-cash considerations in exchange for the factory, Nikola’s lease on its Phoenix headquarters, and “certain machinery, […]

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Tesla used car listings skyrocketed in March

A growing number of Tesla owners are putting their used vehicles up for sale, as consumers react to Elon Musk’s political activities and the global protests they have fueled. In March, the number of used Tesla vehicles listed for sale on Autotrader.com skyrocketed, Sherwood News reported, citing data from Autotrader parent company Cox Automotive. The […]

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