ChatGPT’s mobile app hits new milestone of $3B in consumer spending

OpenAI has launched an app store for its ChatGPT chatbot, enabling developers to create and distribute custom applications within the platform. This initiative aims to enhance user experience by providing access to a variety of new features, games, and tools directly through ChatGPT's interface.

Apple has announced a new developer agreement that allows the company to collect any outstanding payments owed by developers at any time, effectively positioning itself as a debt collector. This move has raised concerns among developers regarding financial autonomy and the implications of such a policy.

The TikTok US deal is set to close on January 22, with terms that include retraining the recommendation algorithm using US user data and Oracle overseeing data protection. Abu Dhabi's state investment fund will also be a managing investor in this significant transaction.

TikTok has signed a deal to divest its U.S. operations to a joint venture led by American investors, including Oracle, Silver Lake, and MGX, who will collectively own 45% of the entity, while ByteDance retains approximately 20%. This move is part of TikTok's strategy to address regulatory concerns in the U.S. and streamline its operations.

TikTok has announced the initiation of its long-anticipated separation from its Chinese parent company, ByteDance Ltd., by signing agreements for a new joint venture led by Oracle Corp. This marks a significant step in TikTok's efforts to address regulatory concerns in the U.S. and solidify its operational independence.

OpenAI has launched an app store for its ChatGPT chatbot, allowing developers to create and distribute custom applications within the platform. This initiative aims to enhance user experience by providing access to a variety of new features, tools, and games, marking a significant expansion of ChatGPT's functionality.

Two 21-year-old dropouts have successfully raised $2 million to establish Givefront, a fintech company tailored specifically for nonprofits, including food banks, churches, and homeowner associations. This initiative is backed by Y Combinator, highlighting the growing interest in innovative financial solutions for the nonprofit sector.

Luma AI has launched a new AI model that enables users to generate videos by specifying a start and end frame, available through its Dream Machine platform. This innovative tool is expected to enhance user creativity and streamline video production processes.