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OpenAI Forecasts Revenue Topping $125 Billion in 2029 as Agents, New Products Gain

1 month 2 weeks ago
An anonymous reader shares a report: For two years, ChatGPT has been OpenAI's cash cow. But by the end of the decade, the company has told some potential and current investors it expects combined sales from agents and other new products to exceed its popular chatbot, lifting total sales to $125 billion in 2029 and $174 billion the next year, according to documents seen by The Information. The projections, which would propel the 10-year-old startup's sales toward the level of Nvidia or Meta Platforms today, reflect rapid revenue gains from agents, or AI software that can take actions on behalf of customers, as well as other new products. These include those tied to "free user monetization," likely meaning money made from OpenAI's nonpaying users.

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Nintendo Seeks Discord User's Identity Following Major Pokemon Leak

1 month 2 weeks ago
Nintendo has filed a request for subpoena in California's Northern District Court to compel Discord to reveal the identity of user "GameFreakOUT," the alleged source of last year's extensive Pokemon leak. The company is demanding the name, address, phone number, and email of the individual behind the "Teraleak," which contained claimed source code for upcoming title Pokemon Legends: Z-A, next-generation Pokemon games, builds of older titles, and numerous concept art and lore documents. Court documents obtained by Polygon show Nintendo included a partially redacted Discord screenshot as evidence, where GameFreakOUT shared files in a server named "FreakLeak." The breach occurred around October 12, 2024, two days after Game Freak publicly acknowledged a hack affecting employee information without confirming game data theft.

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We’re calling it now: Agentic AI will win RSAC buzzword Bingo

1 month 2 weeks ago
All aboard the hype train

The security industry loves its buzzwords, and this is always on full display at the annual RSA Conference event in San Francisco. Don't believe us? Take a lap on the expo floor, and you'll be bombarded with enough acronyms and over-the-top claims to send you straight to the nearest bar, which will likely serve specialty cocktails with names like The Great CASB and Firewall Fizz.…

Jessica Lyons

Apple, Meta Fined as EU Presses Ahead With Tech Probes

1 month 2 weeks ago
Apple was fined 500 million euros ($570 million) on Wednesday and Meta 200 million euros, as European Union antitrust regulators handed out the first sanctions under landmark legislation aimed at curbing the power of Big Tech. From a report: The EU fines could stoke tensions with U.S. President Donald Trump who has threatened to levy tariffs against countries that penalise U.S. companies. WSJ adds more details: The commission also issued cease-and-desist orders that could have a bigger impact than the fines. One order targets Apple's App Store and the other takes aim at Meta's use of personalized ads -- important revenue streams for each company. [...] The EU's action against Meta focuses on the company's effort to get users to agree to seeing personalized ads on Instagram and Facebook -- its main source of revenue. The commission ordered Meta to stop requiring users to either agree to those ads or pay for a subscription. It said it was still evaluating whether a "less-personalized ads" option that Meta introduced last fall complies with that order, raising the specter of further changes. The Apple case deals with the company's App Store rules. The commission said Apple had failed to comply with an obligation to allow app developers to inform customers, free of charge, of alternative ways to purchase digital products.

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