OpenAI expects to increase its headcount to around 8,000 employees by year end, up from about 4,500 employees, according to a person familiar with the plans. The hiring plans come as it shifts some of its resources from new initiatives to focus on its flagship ChatGPT as well as its coding ... Read more âș
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Welcome, Weekenders! In this newsletter:âą The Big Read: A rising star at Microsoft has a challenging new jobâą Defense Tech: Andurilâs big bet? An Ohio weapons factory ⹠Tech Culture: Fat with funding, AI startups binge on private partiesâą Plus, Recommendationsâour weekly pop culture picks: âBlood Will Tellâ; âThe Complexâ and âThis Is Where the Serpent Livesâ; and âTrain DreamsâAt the moment, I might describe the difference in AI enthusiasm... Read more âș
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Around the time last fall that Vercel tripled its valuation to $9 billion, the startup decided to throw a swank dinner party. It was a chance for Malte Ubl, the companyâs chief technology officer, to talk shop and discuss the fast-changing landscape with a dozen so other Silicon Valley executivesâand an opportunity for Vercel, a 10-year-old company that sells a platform for developing AI apps and websites, to show off.... Read more âș
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Just past the soybean farms in Pickaway County, Ohio, stands a flat-roofed building clad in blue and gray panels, with John Deere tractors near the entrance and hard hatâwearing construction workers busily laying pipes in the ground. The 866,000-square-foot factory isnât much to beholdâit looks like any of the many humble industrial warehouses that line the roads near Rickenbacker International Airport, a Midwest cargo hub. But the company behind the... Read more âș
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Last summer, Apple held talks to acquire Lux Optics, a tiny startup that makes Halide, one of the most popular and critically acclaimed camera apps in the App Store. The deal never happened. Instead, a couple months after the talks ended, Apple began recruiting Sebastiaan de With, Luxâs co-founder and designerâa revelation to the startupâs CEO, Ben Sandofsky, who learned of it while investigating de With late last year over... Read more âș
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Anthropic filed a brief on Friday showing how close the Department of Defense was to reaching an agreement with it about using its artificial intelligence even after Defense Secretary Pete Hegseth Feb. 27 said he would direct the agency to declare the company a supply chain risk. Anthropic ... Read more âș
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A jury found Elon Musk liable on Friday for some Twitter investor losses after he threatened to back out of his plan to acquire the social media site in 2022. Musk had originally offered to buy Twitter for $54.20 per share in 2022, then wrote that the deal was âtemporarily on holdâ due to what ... Read more âș
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The Central Intelligence Agencyâs venture investment arm, IQT, has invested in AI data center company Prometheus Hyperscale, which is developing campuses in Wyoming and Texas, the company said. Wyoming has long been a location for sensitive military assets, and the CIAâs investment suggests Prometheus could potentially run national security workloads from its AI data centers. Read more âș
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Nvidia is so gung-ho about AI agents that itâs betting the buzzy software can power another one of its big bets: robots. The âagentic AI system is being built for digital first,â said Deepu Talla, Nvidiaâs vice president of robotics and edge AI, or AI for powering devices, in an interview on the sidelines of Nvidiaâs annual GTC conference in San Jose, Calif. âYou just extend it to include physical... Read more âș
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Jeff Bezosâ space firm Blue Origin asked the U.S. government for permission to launch up to 51,600 satellites that would one day handle artificial intelligence computing from orbit. The plan could put Blue Origin in competition with Elon Muskâs SpaceX, which said in a January filing that it ... Read more âș
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On a brisk, sunny San Francisco day last week, Asha Sharma, the new CEO of Microsoftâs $24 billion gaming business, had a very packed schedule. The videogame industry had gathered for the Game Developers Conference at the venerable Moscone Center downtown, and Sharma had meetings with the heads of several multibillion-dollar game publishers that make the biggest and most popular games. They included Electronic Arts CEO Andrew Wilson and Strauss... Read more âș
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Amazon is working on a smartphone that incorporates artificial intelligence capabilities, more than a decade after the e-commerce giant tried and failed to crack the market with its Fire phone, Reuters reported on Friday. The plans indicate Amazon is taking a different approach to new AI devices ... Read more âș
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The Trump Administration on Friday released a framework detailing its policy approach to the AI industry, calling on Congress to pass federal laws for AI regulation that would override state legislation. A âpatchwork of conflicting state laws would undermine American innovation and our ability ... Read more âș
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SpaceX is aiming to raise tens of billions of dollars as soon as this summer in what could be the largest initial public offering in history. While CEO Elon Musk has proven heâs uniquely skilled at convincing investors to buy into his grand visions at gigantic valuations, anyone considering buying into the SpaceX IPO may be right to ask whether its pitch is really out of this world. SpaceX, which... Read more âș
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Crypto wallet provider Ledger said it hired John Andrews, a former Circle executive, as its new chief financial officer as it gears up for a potential initial public offering. Ledger, founded in 2014 in Paris, is also opening a New York City office as part of a U.S. expansion. It makes revenue ... Read more âș
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The U.S. Justice Department has charged three Super Micro Computer employees with illegally shipping at least $2.5 billion worth of advanced AI servers to China, violating U.S. export controls. U.S. officials didnât name the specific chips involved, though Nvidia commands a dominant share of the ... Read more âș
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Design software firm Canva is planning to go public next year, The Information reported Thursday. Canva has been adding new artificial intelligence features to its design software, which is used primarily by individuals and small businesses. The company is planning an overhaul to focus on AI ... Read more âș
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OpenAI plans to create a desktop âsuperappâ by combining its popular ChatGPT platform with its coding agent Codex and browser Atlas, said a person with knowledge of the effort. The plans come after CEO of Applications Fidji Simo told staff the startup would deprioritize âside projectsâ that aren ... Read more âș
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For all the attention Nvidia gets for its relentless pace of new business partnerships, it canât hold a candle to Uber. The ride-hailing giant seems to be on a quest to go into business with anyone whoâs ever thought about developing a self-driving car. On Thursday, it announced a robotaxi deal with Rivian, the electric truck maker that is developing autonomous driving software. Itâs the fifth self-driving car related announcement... Read more âș
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Quarterly earnings could be going away. Will this result in more IPOs?One of the hallmarks of investing in public stocks is receiving quarterly updates from the companies. Those financial results and, even more so, forecasts can sink or lift stocks. Preparing them is such a time-suck for company executives that some startup founders have pointed to these reports as a reason to stay private. The Securities and Exchange Commission is... Read more âș
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06.05.2026 10:08
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