Axios

OpenAI on Monday said that it raised $40 billion, led by Japan's SoftBank, at a $300 billion post-money valuation.

Why it matters: This is the largest venture capital round ever, which is the same thing we wrote last fall when OpenAI raised a measly $6.6 billion.

OpenAI CEO Sam Altman said in a post on X that ChatGPT added "one million users in the last hour."

The big picture: The adoption of ChatGPT appears to be accelerating.

Apple's latest iOS 18.4 update brings new Apple Intelligence features, an updated photo app, and a fresh batch of emoji.

The big picture: The update includes a handful of features first announced in 2024.

A Jewish organization working to combat antisemitism has unveiled an alternative to the Trump administration's plan that cracks down on foreign students and free speech on college campuses.

Why it matters: The blueprint by the Nexus Project could give colleges and universities another path to combat antisemitism while protecting Jewish students and diversity, equity, and inclusion programs amid funding threats.

Elon Musk's self-deal for his AI company xAI to acquire X, formerly Twitter, is the strongest sign yet that the AI business is devouring the social media world.

Between the lines: Musk's move is a maneuver to spruce up his overall financial picture — leveraging the AI industry's fizzy valuation arithmetic to shore up X's stagnant revenue and debt-loaded capital structure.

Artificial intelligence is playing an increasingly dominant role in how students navigate school, and some teachers are warning the technology could be hurting their critical thinking skills.

Why it matters: AI use among school-aged children has increased dramatically as the bots appear in everything from Google searches to Spotify playlists.