Here is your Daily
summary for Technology
across the world
for Fri 3rd October 2025
OpenAI has officially become the world's largest startup, achieving a staggering $500 billion valuation after a recent stock sale that allowed employees to cash out $6.6 billion in shares. This milestone underscores the growing influence of AI in the tech landscape and positions OpenAI at the forefront of innovation.
In a strategic move to enhance its AI offerings, Uber has acquired Belgian startup Segments.ai, aiming to bolster its data-labeling capabilities. This acquisition reflects the increasing demand for AI services across various sectors, as companies seek to leverage data for competitive advantage.
Meanwhile, cybersecurity concerns are escalating as hackers linked to the Clop ransomware gang are targeting executives with extortion emails, claiming to have breached Oracle's E-Business applications. This incident highlights the ongoing vulnerabilities in enterprise software and the need for robust security measures.
Lastly, Spacecoin is making waves by successfully beaming a blockchain transaction through space, positioning itself as a potential competitor to SpaceX's Starlink. This initiative aims to create a decentralized internet, showcasing the innovative applications of blockchain technology beyond traditional finance.