Coinbase’s first quarter numbers signaled why next week’s public debut is likely to be a blockbuster. Coinbase said it expects to report revenue of $1.8 billion, up nearly 10 times the year-earlier quarter. Coinbase expects net income of between $730 million and $800 million, a massive increase on the roughly $32 million the company reported a year earlier. Trading volume hit $335 billion, up...
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How to Grease a Chatbot: E-Commerce Companies Seek a Backdoor Into AI Responses
When Andy Wilson’s company received its first successful client referral through ChatGPT, he was shaken to his core. The founder and CEO of Logikcull, a San Francisco–based legal technology company, Wilson “had the exact same reaction to ChatGPT as I had to the internet browser in the early ’90s,” he said. “But this time I knew it would be even bigger than...
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How Microsoft Swallowed Its Pride to Make a Massive Bet on OpenAI
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