Hey Sainsbury's, I'm cooking for everyone this Easter but I don't want to break the bank. Got any tasty offers? Well with Nectar there's half price on selected sides of salmon and selected beef joints and whole legs of lamb are better than half price. Ooh they'll be as happy as my wallet. Sainsbury's good food for all of us. 18 plus Nectar required excludes locals N7th of April subject to availability. Teas and seas apply. 1983 election she's won a landslide second time. Police have been deployed to disperse crowds as the poll tax riots escalate. Credit crunches continuing to spread from the USA. Britain has left the European Union. Finally this goes on. Boris, Liz, Ricky. We've helped Britain invest through 45 years of change. That's why we're the UK's number one investment and savings platform trusted by two million people. Hargreaves lands down helping Britain invest for it all. Investment returns vary for claim verification visit hl.co.uk. The world moves fast. Your workday? Even faster. Pitching products, drafting reports, analyzing data. Microsoft 365 co-pilot is your AI assistant for work built into Word, Excel, PowerPoint and other Microsoft 365 apps you use. Helping you quickly write, analyze, create and summarize so you can cut through clutter and clear a path to your best work. Learn more at Microsoft.com slash N365 co-pilot. This is the Daily Tech News for Wednesday, April 1st, 2026. We are still going to tell you what you need to know, give you important context and help you understand. All true stories today. Today OpenAI sets a record for fundraising and tries to convince the market it's only getting more profitable. I'm Tom Merritt and I'm Sarah Lane. Let's start with what you need to know with that entirely true big story. I'm only saying that because it's April Fool's Day. If anybody's confused like why would he have to say it's true? Now I don't believe him. Let's start with OpenAI saying, I mean this may or may not be true, but OpenAI says that it makes two billion dollars a month. I don't have no reason not to believe them. A hundred million dollars a year coming from ads, but enterprise making up 40% of the revenue. The rest would be consumer subscriptions. And the important part is OpenAI says this is growing. It says it has 50 million subscribers, 900 million weekly chat GPT users and 2 million weekly codecs users. And that is its area for growth, right? It wants to make the super app with codecs and chat GPT and everything all together. OpenAI claims six times the monthly web visits and mobile sessions of its nearest competitor, four times the time spent of the nearest competitor on its services, and four times spent on its services of all the other competitors combined. Ahead of an expected IPO later this year, OpenAI closed the largest round of funding in Silicon Valley history. So investors voting some confidence, $122 billion worth of confidence. That includes a bunch of banks, of course, but also Amazon, Nvidia, Softbank and Microsoft. Interestingly, if you're in the financial sector, $3 billion of that came from personal investors, not from institutional investors. Company is valued at $852 billion. That would make it, if it were public right now, the 11th largest company on the S&P 500. It is the second most valuable private company in the world behind SpaceX, which has an estimated value of $1.45 trillion. And today Bloomberg reported that SpaceX has filed its draft IPO registration paperwork with the US SEC and that in that paperwork, it hopes to raise $75 billion from its stock sale, which would far outpace the current largest IPO ever, which happened back in 2019. That was Saudi Aramco. They raised $24 billion. Which was a lot, which was a lot at the time. It was, yeah, it's a lot for me. Really big number at the time. It's a lot for you and I now. It's probably still a big number now. But yeah, I have 75 billion would worth that. However, participants in the secondary market, little less enthusiastic about open AI, secondary markets are for people who own shares in private companies, but they would like to sell them. Bloomberg reports that some investors find they couldn't find a buyer while there are buyers for secondary shares in Anthropic, which is by the way, valued at $380 billion. The secondary market thing gets a little bit into the financial sector, which is not our bailiwick here. And there's some limitations on how you can trade. So it's not one for one to what it would be in a public market. But interesting to see that dichotomy of institutional investors pouring money in to get those original shares and even some retail investors doing it. But on the secondary market, finding that people are a little more cautious. You know, a couple of things stood out to me about this story for open AI specifically, making $2 billion a month. That's impressive. $100 million a year also sounds like a lot of money. And that's from ads alone, which is relatively new for the company. But also, I think that open AI is still riding on that high of kind of being first, in that first household AI name. We have lots of other options. And of course, open AI is saying, we're better than the competitors. We're doing better than the competitors. I don't know if that is going to be the case in six months to a year, because this is all wild west stuff and things change quickly. But I do think that open AI was smart to get this investment now and still say, we are the Kleenex of AI. We own the space. That's what people who don't really know much about this still call it. Yeah, exactly. And I think they really, it shows that they are feeling a little of that pressure of everybody saying, well, I don't know, I think Gemini might be better. Or wow, Anthropic is really becoming popular. Everybody's using Claude now that they have to say, hey, everybody, it's not like we collapsed. We have a lot of users. We got a lot of revenue coming in. And that's the sign of a competitive marketplace when you have a lot of those winds shifting around like that. And you have to constantly restate like, hey, we're doing all right. We're doing well. And open AI's promise has always been if we add more data centers and more compute, as they say, we will make more money. So far, that is that is shown in these numbers. Yeah, yeah. I think enterprise making up a 40% of its current revenue is is interesting. That that feels like the market that will saturate faster than just the consumer market, because there's so many people who just don't even play around with this stuff at all and might want to in the future. But they're not necessarily going to be paying the big bucks to do so. So that's that's it's, you know, sore going away. Great example of the company saying, you know what, that enterprise part of our business seems to be the way to go. Yeah. And the enterprise dollars for video aren't there yet. We can always go back to that. Sure. It's interesting. You often see this with companies where the consumer end is what gets them attention. Then the enterprise end is where they go to because they want growth. And man, you you can get a lot of money easily if you get enterprise on board. It's not not easy to always get enterprises on board. But you know, if you're selling contracts to large companies for millions to billions of dollars at a time, companies are going to be saying that $100 a month, I don't know if I can afford it. That's that's a lot better for your bottom line than going after individuals who are giving you 20 or even $200 a month at a time. Like that's that's small change. I don't know if you see them go back to that. At sometimes you see companies, they go enterprise, then they realize, well, okay, now we've reached the limits of that, but we need the awareness of the consumer market to help open up new markets and also help drive enterprise to keep us and people to like using us. So you go back to the consumer market. But right now it does look like open AI. Open AI says it's not going enterprise, right? Because they don't want people to think like, Oh, you can't I should cancel my chat GPT subscription because they're not going to care about me anymore. But they are going focused productivity and business. Yeah. I mean, they are going enterprise and have been. But I know what you mean. I think they don't want to leave the small businesses behind is what they're what they're making sure to say. Yeah. Well, all of you listening right now always have thoughts on our shows and we appreciate that. Thanks to Chris Benito, Jeffrey Zilx and A-Lo aka Adam L. Yeah, supporting us. Yeah. At Bet 365, we want to help you make every moment extraordinary. That's why we make it easy to change things up. You can take a time out, set up reality checks and set your limits. Because when you make the most of the moments without us, it means you can enjoy the moments with us. When you play, play safe with Bet 365. 18 plus. Please play responsibly. Visit gambolaware.org. At Wealthify, we've made it really simple to take control of your pension with confidence. For starters, our team of investment experts manage your pension so you can make the most of your time. And when you deposit or transfer to a Wealthify pension, you could earn between 50 and 1000 pounds cash back. Take the tiring out of retiring with Wealthify. TNCs and minimum investment supply. Registration closes on the 31st of May, 2026 with investing your capital is at risk. Hey, Sainsbury's, I'm cooking for everyone this Easter, but I don't want to break the bank. Got any tasty offers? Well, with Lector, there's half price on selected sides of salmon and selected beef joints and whole legs of lamb are better than half price. Oh, they'll be as happy as my wallet. Sainsbury's good food for all of us. 18 plus nectar required excludes locals end 7th of April, subject to availability, teas and seas apply. There's more we need to know today. Let's get to the briefs. Let's do it. Google is developing a screenless Fitbit band to compete with wearables from Aura and whoop with plans to release it later this year. Fitbit's personal health coach previewed in October would be central to the device. New features came to the personal health coach on Tuesday. Basketball player, yay, go Warriors and Google performance advisor, Steph Curry posted a 15 second video of himself practicing basketball while wearing a gray cloth band with orange lining, which looks similar to a whoop band. The video ended with the Google logo. So I think we know where this is going. Yeah, we got to look at the band. And Steph said, like, boy, this is really good. You're going to have to see this yourself. We didn't get an announcement date, though. This is very much just a teaser. But clearly Google would like to whoop whoop at what the at the band stuff. This is less about competing with Aura because it's not a ring, but it is about competing with Aura because it's about that fitness tracking without a screen. The screen stuff. Yeah. And you know, the screenless stuff and granted, we all don't understand the things that we don't have yet. But you know, having an Apple watch that I wear all the time 24 seven almost, I'm like, no screen. But then it's like, well, then you use the app. For a lot of folks, it's the better form factor. It makes more sense. You still have to wear something on. I actually have a friend who wears his whoop on his ankle. He just likes a better that way. You know, and some people do it, you know, like my bicep type thing, you have, you have more options. And if you don't care about looking at your screen to look at the weather or see how many steps you've taken, oh my gosh, my steps are low for this for today right now. Then you don't really care. You don't really care. You either, you either say, this is something I had and I decided I didn't need or I never had and I don't want. So more form factors, the better. And I've always been a big fan of Fitbit before I ever got the Apple watch. I was in the Fitbit faithful category and I've always thought they've done well, even after the Google purchase. Yeah, yeah. I would say, you know, not everybody wants to wear a watch. And if they don't, they might still want to track fitness. So that's another reason why you might want this. I imagine if you're Steph Curry, which I imagine most of you are not, but if you, if you are or like him, maybe you have like a really fancy expensive watch that you want to wear for your watch, but that doesn't track fitness. And so you have this band and I think that's a great point where you were saying, Sarah, I hadn't thought about that of like, you can put it on your ankle, you can put it on your bicep, you can put it somewhere else and it's still going to track. Bloomberg sources say the nothing company plans to release its own bit of wearables, not a fitness band, but smart glasses next year. These would supposedly have cameras and microphones and speakers in them. Pretty typical of what we're seeing. I kept saying this was going to be the year of the smart glasses. Looks like Apple isn't coming out with theirs till next year. I wouldn't be shocked if Google and Samsung delay theirs till next year. And it sounds like nothing will be coming next year with this, but nothing is also reportedly planning to release new earbuds with large language model features in them later this year. Can I just say nothing? Why? Why do you call yourselves that? Because every time we talk about stories like this, it's like nothing, the company. The company. Yeah. Nothing is also reportedly planning, meaning the company, not nothing. But okay, so I've gotten that out of the way. Otherwise, yeah, I mean, let's have at it. Earbuds with LLM features, very hitchhiker's guide. And I'm, yeah, the more we have that stuff, the better. Yeah, table stakes these days, right? Airpods have them, Google Buds have them, Samsung Buds have them. Like that's just the way of the world. I'm curious which LLM they didn't give an indication which one you'd get or whether you'd get choice. Yeah, that's a good point. Most seem to have choices now. I mean, even, you know, the AirBuds, AirPods. Yeah, AirPods. Right. Yeah. I mean, you've got choices now. Used to be OpenAI exclusive for stuff like that. And now you have choices. Well, I look forward to seeing nothing. Why? Why, girl? Tick tock, how did a game to direct messages that you can start by sending an emoji? If you're saying, what the heck are you talking about? You can then tap on the emoji that you sent to enter the game. Then you use your finger to bounce as high as you can across alligator heads. You're avoiding skeletons. The emoji that you use to enter the game appears as a boost to your speed and your height. This is similar to other emoji games in DMs. Instagram added two years ago. There are others. It's sort of the closest to an April Fool story that we have, even though this is not a joke. This is a real game. Yeah, I remember even five years ago, I was still complaining about how hard it was to report actual tech news on April 1st. I'm not to the point where I miss those days at all, but it is nice to see like a lighthearted story. I kind of prefer this. Give me something fun. It's not trying to fool me. It's not something I have to go. This isn't true. It's just kind of a cute little thing that Tick Tock added today and lets you have fun with somebody you DM with. Yeah. I actually went to my Tick Tock DMs like, do I DM with anybody on Tick Tock? I don't use Tick Tock very often. So the answer is no, but there were a few friends of mine going back and forth. Usually it was like, oh, you're on Tick Tock now. Cool. Good to see you. Just followed. So not very exciting stuff. But yeah, if you hang out in there a lot and you want to play a fun little game, all good. But going back to the April Fool's thing, Tom, this morning I was prepping for our show and cybersecurity headlines that I'll be doing later in the day afterwards and just kind of looking at tech news in general. And maybe I saw an April Fool's news headline that I just didn't notice, but I didn't see anything. Yeah. I think finally people were like, this isn't funny anymore. No, it got a little... I was a big fan. I've always been a fan of April Fool's Day. And I was a big fan of the fake stories when they first started showing up because they were rare. It was like, ooh, that's really interesting what ThinkGeek is doing with a fake product or whatever. Then it became mandatory, right? Where every single outlet was doing something and everybody had their fake April Fool's story. It became overwhelming. You know, that's the internet, right? It always overdoses something and it has to play. Yeah, it's like, funny becomes tedious. Yeah. And maybe there's a hope for the internet in the fact that we have come back from that abyss. So good. I can like what April Fool's did again. No problems on the internet now, Tom. No, not at all. We've solved April Fool's Day. Or at least I'm just saying maybe there's hope we could. Yeah, yeah, that's true. You never know. Big thanks to RW Nash for pointing out this next one on our subreddit. This story probably explains why Google recently moved up its expectation and therefore its plans to be ready for Q-Day. You may remember us talking about that previously on the show. Q-Day is the day when quantum computers will be good enough to break existing public key encryption. We don't know exactly when Q-Day will happen, but kind of roughly knowing when it might come means you have a target to make sure that you're prepared. Organizations want to have quantum proof encryption in place well ahead of Q-Day because when you get the capability to do it, you can then go break all the encryption that's in place. So you want to have it in place years ahead. So if you are breaking encryption, it's for old data. And that brings us to two white papers that independently described less expensive ways that quantum computers can break encryption. And that means you could probably do them faster. In one of these papers, the use of neutral atoms as reconfigurable qubits, qubits are part of the quantum computer universe that can be a zero or a one or both. It would be able to break 256-bit elliptic curve cryptography, ECC, in 10 days while using a hundred times less overhead than previously estimated to be needed to break ECC. The way this one works is well described in the paper. It uses lasers to make optical tweezers that can be used to build an array of trapped neutral atoms that all can interact with each other at once rather than having to be laid out in a 2D grid as happens with the superconducting approaches. That makes error correction much more efficient and speeds things along. In the other white paper, Google researchers demonstrated how to break ECC securing blockchains for Bitcoin and other cryptocurrencies in less than nine minutes. And they needed 20 times less resources needed than have previously been estimated. Now, Google is not releasing the algorithmic improvements they made. And some people are a little bent out of shape about this saying the fact that you're using this to break a blockchain is a little bit headline chasing. You could have break some other ECC thing. It didn't have to be Bitcoin. And the fact that you don't want to release an algorithm because of safety reasons when it's for a computer that's not been built yet, it seems a little bit like it might be PR. But they did research, they did release a zero knowledge proof. So there is a way to validate their results. Quantum computing is developing better error tolerance, more efficient algorithms. All of that bringing us closer to cryptographically, cryptographic and specifically relevant quantum computing or CRQC. However, I think it's worth repeating. Closer does not mean soon. None of these machines required to implement either of these approaches exist yet. Nobody's built the machine that can do this. This is just the theory, but it's good to know the theory so we can get prepared to defend against it now instead of later. Do our biggest security experts have an idea of when soon is? Yeah, we're talking, I think, what did Google put it at? I think they upped it to five years from now. So not that long. Not horribly long. I mean, if it was like, I'll 50 to 100, you know, half of people would be like, we won't even be here anyway. 2030 to 2035. Yeah, okay. All right. So I also, I feel like demonstrating how to break ECC for Bitcoin and other cryptocurrencies. Sure, that's going to get some headlines. He'll go, oh no, we're done for. And maybe that is a little sensational, but it also is a good reminder of these are things that a lot of people, these are things, these are platforms and solutions that a lot of people trust and they need to be upgraded or it's not going to work anymore. Yeah, that is a huge part of this. And that's what the whole exercise is about Here's how you can break it. Now you need to make sure you've implemented a security system that won't be vulnerable to this way of breaking it. And there's versions of that. In fact, the National Institute of Standards has blessed a couple of approaches to that. So it's just a matter of making sure that people take it seriously and implement it. Well, take it seriously, everyone out there. And if you have thoughts, let us know how you are implementing it or thinking about doing that in the future. Before 2030, let's get, let's get cracking everybody. This week on Live With It, Hammond Chamberlain talks about his experience using DaVinci Resolve as a video editor. He's used others, but this is the one that's working for him now as he's leveling up his video editing skills. If you haven't been watching Live With It, we want you to get to know it. Each week we talk about tech that we actually use for a long enough period of time that it's not a product, well, it is a product review, but it's something that is not in and out of the house. It is truly something we're living with. And we talk about whether it's good and whether it doesn't work for us and pass those savings along to you. Find us wherever you get your podcasts or better yet, watch. See all the products at youtube.com slash Daily Tech News Show. Prize Matcher is live at Bet365. It's a free to play game which is available every day designed to give away prizes, including cash, free spins and golden chips. There you have it. You can play Prize Matcher for free every day. Check out why it's never ordinary at Bet365. New and eligible customers only. Three reveals each day from 5 p.m. Resets weekly. T's and C's apply. 18 plus. Please play responsibly. Visit gamblerware.org. Hey Sainsbury's. I'm cooking for everyone this Easter, but I don't want to break the bank. Got any tasty offers? Well with Nectar there's half price on selected sides of salmon and selected beef joints and whole legs of lamb are better than half price. Ooh, they'll be as happy as my wallet. Sainsbury's. Good food for all of us. 18 plus. Nectar required excludes locals end 7th of April. Subject to availability. T's and C's apply. Now let's get to the quick headlines that make you look smart. Anthropic confirmed on Tuesday that indeed the source code found in an NPM was from Claude Cote and was caused by human error, not a security breach. Still could have been vibe coded if it's human error. I'm just saying. Multiple Baidu, Apollo, Go, autonomous taxis froze in the city of Wuhan on Tuesday in China because of a system failure. So, hey, look, it doesn't just happen in San Francisco and thankfully no one was injured. This is something that, you know, it's way mo for me in my parts of the world, but something I've thought about, like, what if they all were just to go down and I was on the freeway? I don't know. They just stopped their safety mechanism. I mean, sure, I could run out of gas on the freeway in my own car too. And that that would happen. But that would at least be a little bit more under my control. Yeah, glad no one was injured. Singapore's Grab is partnering with We Ride to begin an autonomous taxi service in the Pengui neighborhood of Pengol, rather neighborhood of Singapore. Uh-huh. Grab getting into the game and Singapore starting to add more autonomous features to their city state. Raspberry Pi introduced a three gigabyte variant of the Pi 4 for $83.75. While increasing the price of the 16 gigabyte Raspberry Pi 5 by 100 bucks, the flagship Pi 500 Plus is up 150 bucks. The gigabyte Compute Module 4 and 4S are up by $11.25 and the recently released Pi AI hat plus two is up 50 bucks. Well, nobody likes a price increase, but considering what the Raspberry Pi's are capable of, still very affordable stuff. South Korea chip exports rose 151.4% on the year last month, bringing in a record $32.83 billion and helping raise overall exports for the country to a record $80 billion. Oh, that's where the price increases are going. I see. Uh, a government filing in Taiwan shows that TSMC plans to launch a three nanometer factory in Japan in 2028. Microsoft released an out of band fix for the problem with the most recent Windows 11 preview update, causing some users to get an error saying that their files were missing. Oh yeah. That's the one Rob and I were talking about on Monday. Google has removed some shortcuts in Google photos to reduce the number of times you accidentally trigger them. So if you were somebody who liked circling, tapping or scribbling to do move, erase and reimagine, well, you won't be able to do it anymore. Sorry. Sorry. After the announcement that open AI will end, Sora video generation, Kling AI saw users rise 4% and runway ML and video each rose 1%. So there, there is demand. Yeah, there's some, maybe not as much as I would have guessed though. Oh yeah. Uh, and, uh, oh, uh, the mayor of New York city has reversed a ban on TikTok, uh, in that city so that you can now use TikTok with security guardrails if you are an employee of the New York city government. Thank you to KV 87 for pointing this one out on our subreddit as well. Police arrested a grandmother from Tennessee and held her in jail for more than five months based on facial recognition evidence used by police in North Dakota. A state she says she's never been to West Fargo police were using clear view AI. Yeah. This is another one of those stories that shouldn't happen because you should use other evidence. Uh, and there's a lot of finger pointing, a lot of like, they shouldn't have been using that they were using a system they shouldn't have been used. Uh, not enough apologizing. If you ask me five months in jail. No, not enough. Apologize in. Yeah. Oh my goodness. All right. Uh, those are the essentials for today. And now Dan Campos has a story of why sometimes it is good to share your passwords. Hello there friends of the DNS. Ever heard of a system so secure that no one can get in in Hellisco, the municipal government of La Jomulco, the sonica has several of the city's administrative systems locked down following the death of an official who took the passwords with him to the grave. The system has been down for over a week, preventing residents from making payments from services such as property tax or water. Official vehicles like garbage collection trucks cannot refuel and municipal workers might be unable to receive their salaries if the situation continues. The disease was Christian and Manuel Venegas Perez, head of the information technology department, and the only person who had access to the master passwords for the municipal system. He left his position during the government transition and later passed away from cancer without formally handing over those credentials. The current administration attempt to regain access with the help of a hacker, but the attempt failed and triggered a security mechanism that completely locked the system. The staffing provider and Microsoft were consulted, but they have not been able to restore access as they only provide licenses and not administrative control over the systems. For this and more news, check these weeks, noticias de tecnologias express. No passwords needed. Back to you, Amigos. Garces Dan, that is wild. First of all, that's a very secure system. And second of all, I don't think the person they hired to try to break into the system was maybe the best choice if they triggered the lockdown that hindsight is always 20-20. But and there obviously should have been more administrative handover before he left his position. So many questions on that. It's like an episode of Paradise. It is no spoilers. We like to end every episode of DTNS with shared perspectives from all of you because you guys are smart and you give us good perspectives all the time. Today, Andrew and Phil have good ones on the Axios NPM compromise. Yeah, Andrew wrote, I think the impact of the Axios compromise is overstated. In reality, devs use a package lock file, which pins the version of the packages in use to be compromised. You would have to have updated just at the time the vulnerable package came out or created a new app with the latest version in that window. In short, the attack window was tiny and the shopping list protection that most serious developers already used blocked it for the majority of cases. That's why many experienced people say the real world damage is likely much smaller than the dramatic headlines suggest. Though anyone who might have installed during that exact window, a couple hours, should still double check and be careful. It's a good reminder that these lock files are smart safety habits, not just extra paperwork. And then Phil wrote, I wonder how many vibe coders using tools like Claude code and codex may have unwittingly and unknowingly included it in their projects. It is very easy to just wave coding decisions through and permit your coding agent to include whatever at once. And in this case, it sounds like due diligence wouldn't necessarily have helped much anyway, but a non coder probably wouldn't be aware that there has been an issue with an under the hood code library or even that they've used it in their project. So yeah, probably doesn't in any way contradict what Andrew is saying, because I'm sure it's a smaller number of people, but that's an interesting point from Phil as well. Yeah, well, thank you from Phil and Andrew. And if you're thinking about something, anything we touched on today, something that you think we should look more into on a future show, share it with us at feedback at daily tech news show.com. Yeah, big thanks to Andrew for that. That was really good insight on there. And Phil too, for contributing to today's show. Thank you for being along for Daily Tech News Show. You are the folks who keep us in business. If you're not a patron already, why not? It's easy. Go to patreon.com slash DTNS. You can even follow us for free, you know, just to get your feet wet. Talk to you soon. The DTNS family of podcasts helping each other understand. I'm in club. Hope you have enjoyed this program. Seconds. That's the difference between life and death. I've seen it firsthand. I'm Javad Abdomenem, a doctor with mid-sense en frontière. As conflicts continue to spread across the world, it's crucial we connect fast. As an MSF doctor, I may need to stop life threatening bleeding, treat gunshot wounds or care for blast victims all in a matter of seconds. And I'm also a doctor. That's why at mid-sense en frontière, we don't waste any time. We're working in more conflict zones than you may be aware of, giving everything to give people a chance. Just 30 pounds will keep our life saving work going. Please help us save more lives. Because with trauma care, every second counts. You can buy us vital time. Please give just 30 pounds. Search MSF doctors. Or call 0800 0557979. That's 0800 0557979. Thank you. Where's my wallet?
