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OpenAI says ChatGPT Ads has reached $1B in annualised revenue run rate in under 200 days and has opened self-service buying across Europe, India, the Middle East and North Africa. On the same day the European Commission designated ChatGPT a Very Large Online Search Engine under the Digital Services Act, on 159.1 million declared monthly [] This story continues at The Next Web

The Pew Research Centers 2025 survey found that 84% of U.S. adults use YouTube, 71% use Facebook, and 50% use Instagram, illustrating how deeply everyday expression has moved onto digital platforms. The Library of Congress explains that digital materials can be harder to preserve than physical materials because access depends on changing technologies, formats, and [] This story continues at The Next Web

The European Commission has classified ChatGPT as a search engine. Mondays designation brings the chatbot under the Digital Services Act as a Very Large Online Search Engine, alongside Reddit and Roblox, which have been designated as Very Large Online Platforms. ChatGPT is the first AI chatbot to be designated under the regime. The Commission announced [] This story continues at The Next Web

Singapore has committed S$220M, about $173M, to its fintech sector over the next three years. It made the announcement three days after KPMG reported that private investment in Singaporean fintech had fallen to its weakest first half in roughly a decade. The timing is not a coincidence, and nobody is pretending otherwise. Gan Kim Yong, [] This story continues at The Next Web

Apple is cutting more than 200 jobs, roughly 100 from the Vision Pro organisation and 100 from Siri and software teams, largely shutting the headsets gaming unit. The company says it is realigning teams and will create new roles. Apple is cutting more than 200 jobs across the teams that build Siri and the Vision [] This story continues at The Next Web

Every revenue leader now has AI somewhere in the deal cycle. It drafts the proposal, suggests the discount, recommends the next move, and does it all in seconds. The speed is real. But a recommendation is not a decision. When AI proposes a price or a deal structure, something still has to answer the harder [] This story continues at The Next Web

Velatir, an Odense startup that sells companies a way to see and control the AI their employees are already using, has raised 5m in seed funding six months after closing its pre-seed. Spintop Ventures, a Nordic early-stage firm investing in the company for the first time, co-led the round with Ugly Duckling Ventures, the Danish [] This story continues at The Next Web

A 1918 Detroit Electric Model 75B went under the hammer at Monterey Car Week claiming an original 80 miles of range, against the 73 miles the first Nissan Leaf was rated for. The format died because of the electric starter and a price five times a Model T, not because of range. A 1918 Detroit [] This story continues at The Next Web

The UK government and Google are launching a trial to steer aircraft around climate-warming contrails. Google announced Operation Blue Skies on Tuesday. It is the first such effort across an entire ocean airspace. AI forecasts will predict where contrails form over the North Atlantic, and controllers will nudge planes to avoid those patches of sky. [] This story continues at The Next Web

EliseAI is in talks to raise $300mn at a $3.7bn valuation, according to Business Insider. Katie Roof reported the round on Tuesday, citing sources familiar with it. Andreessen Horowitz and Bessemer Venture Partners are in talks to lead it. The details are not settled. Roof wrote that the numbers could still change. EliseAI, a16z and [] This story continues at The Next Web

Americas cyber-defence agency has added a single vulnerability in Ray, the open-source framework that powers a large slice of the worlds AI training and inference, to its Known Exploited Vulnerabilities catalogue, confirming that the flaw is being used in real-world attacks. The Cybersecurity and Infrastructure Security Agency made the move on 17 August, giving federal [] This story continues at The Next Web

Synchrony Financial, which issues store credit cards for Amazon, Walmart and Lowes, is working with OpenAI so shoppers can buy inside ChatGPT using those cards. Its chief strategy officer says general-purpose cards will take six to twelve months and store-specific cards longer. Synchrony Financial wants its cards inside ChatGPT. The issuer behind store cards for [] This story continues at The Next Web