Netflix reports Q1 revenue up 16% YoY to $12.3B, vs. $12.2B est., net income of $5.28B, and forecasts Q2 EPS below estimates; NFLX drops 8%+ after hours — Netflix Inc. reported revenue that beat analysts' estimates in the first quarter, buoyed by strong subscriber growth.
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Netflix chairman and co-founder Reed Hastings will step down from the company's board after his term expires in June to focus on philanthropy and other pursuits — Co-founder won't stand for re-election to the board, Netflix says in first earnings report since pulling out of Warner Discovery bid
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Sources: Upscale AI, which builds AI networking infrastructure, is in talks to raise $180M to $200M at a $2B valuation, its third funding round in seven months — Artificial intelligence startup Upscale AI is in talks to raise a new round of funding at a valuation of about $2 billion, according to people with knowledge of the efforts.
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AI labs are buying Slack, Jira, and email archives from defunct startups to build “reinforcement learning gyms” and train AI agents in simulated workplaces — Defunct startups are being liquidated for their Slack archives, Jira tickets, and email threads—operational exhaust that AI labs now treat as premium training data.
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OpenAI launches GPT-Rosalind, an AI model for life sciences research, including drug discovery, as a research preview for customers such as Moderna and Amgen — OpenAI announced a new series of AI models built to help life sciences researchers work faster.
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