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Telegram Auction Platform Enforces KYC Verification

According to PANews, Telegram's dedicated auction platform, Fragment, has initiated mandatory Know Your Customer (KYC) procedures. Users are now required to undergo identity verification to purchase services such as 'Star Coins,' Telegram Premium, or anonymous numbers. The verification process is managed by third-party service Sumsub, which necessitates users to submit their email, phone number, ID document scans, and facial photographs.Users can check the verification status of their Telegram accounts and TON wallets on the Fragment profile page. Currently, purchasing Telegram Premium and Star Coins through @PremiumBot or app stores remains unaffected by this new requirement. Decentralized marketplaces like Getgems.io continue to allow the purchase of anonymous numbers and usernames using cryptocurrency without KYC. However, it remains uncertain whether these NFTs will be usable on Telegram in the long term. As of now, Telegram has not officially responded to these changes.
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OpenAI's Potential Shift to for-Profit Structure Under Discussion

According to Cointelegraph, OpenAI, the developer of ChatGPT, is reportedly in early discussions with regulators in California and Delaware to explore transitioning into a for-profit entity. The company, valued at $157 billion, has initiated talks with California Attorney General Rob Bonta's office and his Delaware counterpart, as reported by Bloomberg, citing sources familiar with the situation.In September, Reuters revealed that OpenAI was considering restructuring its core operations into a for-profit company, moving away from its current non-profit board control. A significant challenge in these discussions is determining the value of OpenAI's intellectual property, which includes its highly profitable large language model chatbot. The valuation process is complicated by California law, which mandates that the value assigned to nonprofit assets must be allocated to a charitable cause. OpenAI's primary assets are its intellectual property, adding complexity to the transition.A for-profit structure is seen as more appealing to investors compared to a nonprofit research organization. However, this transformation raises concerns about whether OpenAI, founded in 2015, is maintaining its original mission of developing AI products that are safe and beneficial to humanity. In May 2023, tech billionaire Elon Musk questioned the legality of the transition following his $50 million investment in the firm. Musk criticized OpenAI for shifting from an open-source, non-profit entity to a closed-source, profit-driven company, effectively controlled by Microsoft. Musk filed a lawsuit against OpenAI and CEO Sam Altman in February 2024 for breach of contract but withdrew it in June.Bret Taylor, chairman of OpenAI's nonprofit board, stated to Bloomberg that the nonprofit would remain part of any new corporate structure, ensuring it continues to thrive and receive full value for its stake in the for-profit entity. A spokesperson for Bonta's office emphasized the firm's commitment to protecting charitable assets for their intended purpose.OpenAI established a capped for-profit subsidiary in 2019 to support the high costs of AI model development. The company experienced a period of instability, including the brief firing and rehiring of CEO Sam Altman, as tensions rose on the nonprofit board over balancing AI safety with commercialization pressures. On October 23, long-time OpenAI safety researcher Miles Brundage resigned, expressing plans to start a new nonprofit or join an existing one focused on AI policy research and advocacy.In early October, reports indicated that OpenAI might not turn a profit until 2029, despite reaching $100 billion in revenue, as it is projected to incur a loss of about $5 billion in 2024.
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Perplexity CEO Offers Support Amid NYT Tech Workers Strike

According to TechCrunch, the CEO of AI search company Perplexity, Aravind Srinivas, has proposed to cross picket lines to assist the New York Times (NYT) during a strike by its tech workers. The NYT Tech Guild announced the strike, which began after setting a deadline of November 4. The workers involved provide essential software support and data analysis for the Times' business operations. They are demanding a 2.5% annual wage increase and the formalization of a two-day in-office workweek, among other requests. The guild expressed frustration over the company's refusal to agree to a fair contract, accusing it of unfair labor practices. Kathy Zhang, the unit chair, emphasized the necessity of demonstrating their labor power through the strike.NYT's publisher, AG Sulzberger, criticized the timing of the strike, noting its proximity to the U.S. presidential election. He highlighted the importance of the Times' journalism during this period and expressed concern over the Tech Guild's decision to strike at such a critical time. As negotiations continued, picketers gathered outside the NYT building in New York. Meanwhile, on X, formerly known as Twitter, Srinivas offered Perplexity's services to support the Times during the strike. He reached out to AG Sulzberger, expressing readiness to ensure the availability of essential coverage during the election. This offer was met with criticism on X, with many accusing Srinivas of being a 'scab,' a term used for individuals willing to work in place of striking workers, which is often viewed negatively in labor disputes.Srinivas clarified that the offer was not intended to replace journalists or engineers with AI but to provide technical infrastructure support on a high-traffic day. However, the striking workers are responsible for these services at the NYT, raising questions about what Perplexity could offer without replacing them. The relationship between NYT and Perplexity has been strained, with the Times issuing a cease and desist letter to Perplexity in October over the startup's use of its articles for AI model training. Despite the controversy, Srinivas maintains that the intention was to ensure the public has access to necessary information on election day, aligning with Perplexity's recent launch of an elections info hub and map. Nonetheless, the offer to step in for striking workers remains contentious.
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