Northwood, the maker of ground infrastructure for the space industry, has closed a $100 million Series B, led by Washington Harbour Partners. Bridgit Mendler, CEO and co-founder of Northwood, discusses the demand driving this funding round. She joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” (Source: Bloomberg)

OpenAI is releasing a free tool aimed at making it easier for scientists to use ChatGPT to draft research papers and collaborate with colleagues, part of a larger effort to position its chatbot as an aide for scientific work and discoveries.

Pinterest Inc. said it plans to cut “less than 15%” of its workforce and reduce office space as it shifts resources toward investing in artificial intelligence.

Gemini Trust Co., the cryptocurrency exchange owned by Tyler and Cameron Winklevoss, said it will shut down its digital-art-token marketplace, Nifty Gateway, in February.

Sonos Inc. introduced its first new device in over a year, marking the end of an intentional lull in product launches as the company prioritized improving its software and restoring the brand’s reputation under new Chief Executive Officer Tom Conrad.

Amazon will close all of its Amazon Fresh and Amazon Go stores. Bloomberg's Ed Ludlow reports. (Source: Bloomberg)

A woman who sued TikTok over allegations that the company designed its platform to addict young users is moving to settle her lawsuit with the social media giant.

Amazon.com Inc. is shuttering its Amazon-branded grocery stores and automated grab-and-go markets, eliminating two centerpieces of its push into physical retail.