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The San Francisco-based fintech firm, which provides banking services to startups and early-stage businesses, has raised $200 million in a Series D funding round at a $5.2 billion valuation, CNBC has learned exclusively. That figure represents a 49% jump from its previous round just 14 months ago, a striking leap at a time when much of the fintech sector remains in a prolonged slump.

 

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OpenAI said Monday that it has filed a confidential S-1 to offer its stock on public markets, a move that comes a week after rival Anthropic made a similar filing. The ChatGPT maker posted on X that it has not set a timing for an IPO and warned it could be some time, saying there are things the company can do more easily as a private firm.

 

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Google is returning to the smart glasses market this autumn, more than a decade after the failure of Google Glass. The new wearable features a camera integrated into the frames and speakers in the arms, allowing users to interact directly with Google’s ChatGPT artificial intelligence. The device is designed to provide a hands-free interface for AI-driven tasks and environment-based interactions.

 

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Microsoft CEO Satya Nadella testified on Monday in the ongoing legal battle over the control of OpenAI. Nadella is the third high-profile figure to take the stand in three weeks, following testimony from Elon Musk and OpenAI President Greg Brockman. The lawsuit, initiated by Musk, alleges that the creators of ChatGPT abandoned their original non-profit mission in favor of self-enrichment, a claim that OpenAI's leadership denies.

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NASA has officially declared its MAVEN spacecraft dead, ending a decade-long mission to study the atmosphere of Mars. The space agency confirmed the end of the mission on Wednesday following six months of radio silence. Launched in 2013, the orbiter went silent in early December after passing behind the red planet, with telemetry indicating that a rapid spin destabilized its orbit and completely drained its onboard batteries.

 

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SpaceX and Anthropic announced a partnership on Wednesday that provides the AI startup with access to the "Colossus 1" data center in Memphis, Tennessee. Under the agreement, Anthropic will utilize SpaceX’s massive computing infrastructure to increase capacity for its Claude Pro and Claude Max assistants. The deal is expected to result in higher usage limits for Anthropic’s current subscribers.

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