OpenAI Acquires Jony Ive’s AI Hardware Startup io in $6.5 Billion Deal
OpenAI is acquiring io, the AI hardware startup led by Jony Ive and former Apple engineers, for $6.5 billion. Ive's design firm LoveFrom will oversee design at OpenAI. The collaboration combines top hardware and software experts, aiming to launch new innovative devices by 2026 that mark a new tech era. OpenAI CEO Sam Altman and Ive emphasize the fusion of technology and design to create groundbreaking products.
Crusoe Energy Systems Raises $11.6B to Build Large-Scale Data Center for OpenAI
Denver startup Crusoe Energy Systems has secured $11.6 billion in funding to build a major new data center in Texas for OpenAI, helping to support the AI company's infrastructure needs.
Jack Dorsey's Block Develops AI Agent to Enhance Productivity
Jack Dorsey's Block has developed an AI agent that enhances its productivity by automating software creation and managing tasks such as deletions. This move showcases the company's commitment to leveraging AI technology for operational efficiency.
Tracking Tech Industry Layoffs: 2024-2025 Update
Over 95,000 tech workers in the U.S. were laid off in 2024, with job cuts continuing into 2025. The Crunchbase tracker provides updates on companies making these reductions.
May 19 Evening Cable News Ratings: Jesse Watters Tops Demo, 'The Five' Trails Behind 'Gutfeld!'
Jesse Watters led the cable news ratings on Monday evening, May 19, dominating the key demo of adults 25-54. 'The Five' finished third among this demographic, behind 'Gutfeld!'.
Sunday, May 18 Evening Cable News Ratings: CNN's News Segments Outperform Originals
On Sunday, May 18, CNN's cable news ratings for the evening showed that its news segments airing between 4 and 8 p.m. drew the biggest audience, surpassing the viewership of its original programming from 8 p.m. to midnight.
Fubo's Women's Sports Zone Launches Enhanced Ad Customization Features for Advertisers
Fubo's Women's Sports Zone introduces new advertising options including custom pause ads, interactive trivia, and homepage sponsorships, allowing brands to connect with audiences in unique and engaging ways.
Fubo Enhances Advertising with Customizable Options in Women's Sports Zone
Fubo's Women's Sports Zone introduces customizable advertising features including custom pause ads, interactive trivia, and homepage sponsorships, enhancing brand engagement and tailored marketing experiences.
Fubo Enhances Advertising with Customizable Options in Women's Sports Zone
Fubo's Women's Sports Zone introduces customizable advertising features including custom pause ads, interactive trivia, and homepage sponsorships, enhancing brand engagement and tailored marketing experiences.
Fubo Enhances Advertising with Customizable Options in Women's Sports Zone
Fubo's Women's Sports Zone introduces customizable advertising features including custom pause ads, interactive trivia, and homepage sponsorships, enhancing brand engagement and tailored marketing experiences.
TikTok's US Ecommerce Team Advised to Work Remotely Amid Layoff Concerns
TikTok has told its US ecommerce employees to work from home amid growing fears of layoffs, as the company is reportedly preparing to make challenging decisions about its workforce. This move reflects ongoing uncertainties within the company regarding its operational strategy and employee retention.
How Startups Can Thrive Amid Tariff Changes and Supply Chain Disruptions
Raja Ghawi of Era Ventures discusses how American startups can find new opportunities and strategically position themselves to succeed despite the challenges posed by tariffs and supply chain fragmentation.
Inside Andrew Ng's AI Fund: Building and Investing in AI Startups
Andrew Ng, co-founder of Google Brain and Coursera, discusses his AI Fund that focuses on building AI startups from scratch and investing in those it has co-founded. The fund recently launched its second round with major corporate investors involved.
When Sam Altman Requested a Countersurveillance Review at OpenAI
Karen Hao's book Empire of AI reveals the early anxieties at OpenAI, focusing on the significant step taken by Sam Altman in ordering a countersurveillance audit to address security concerns.
French AI Startup Veesion Raises €38 Million to Combat US Shoplifting Crisis
Paris-based AI startup Veesion secures €38 million to expand in the US, aiming to reduce shoplifting by using AI software that monitors gestures on security cameras and alerts store personnel to suspicious activity for final theft judgment.
Exploring the Future of Brain-Computer Interfaces with TNW Backstage
TNW Backstage explores the cutting-edge technology of brain-computer interfaces (BCIs), highlighting advancements in neural devices used for medical and practical applications. The discussion includes Elon Musk's Neuralink, known for its innovative brain implants and aspirations to augment human capabilities.
Belgian Startup Ravical Raises €7.3M to Deploy AI Agents Handling 80% of Tasks at Professional Services Firms
Belgian startup Ravical secured €7.3 million to develop AI agents that automate up to 80% of repetitive tasks in professional services firms across tax, legal, accounting, and insurance. The AI assists experts by handling data retrieval, regulation checks, and policy reviews, aiming to enhance efficiency without replacing human jobs.
Chicago Sun-Times Faces Backlash Over AI-Generated Fake Books and Experts in Summer Guide
The Chicago Sun-Times published a summer guide containing AI-generated fake books and non-existent experts, leading to public outcry. The paper stated the content was provided by a third-party partner and is revising its editorial policies to prevent future issues.
Google Introduces Gemini AI Assistant in Chrome to Enhance Web Browsing
Google is adding its Gemini AI assistant to Chrome, enabling users to get summaries, comparisons, and navigate webpages via a chatbot interface. Launching first on desktop for subscribed and beta users, Gemini aims to enhance browsing by clarifying information and supporting multi-tab interactions.
Hands-On with Google's Prototype AI-Enhanced Smart Glasses
Tech journalists got a firsthand look at Google's Project Moohan, Android XR smart glasses prototype, featuring AI assistant Gemini and a lightweight, comfortable design. The demo highlighted the mix of AI and wearable technology potentials.