Business
OpenAI and Jony Ive’s ‘io’ brand has vanished, but their AI hardware deal remains
OpenAI and Jony Ive’s ‘io’ brand has vanished, but their AI hardware deal remains OpenAI has removed all mentions of its hardware startup io’ from its website and social media channels due to a trademark lawsuit from Iyo, a hearing device startup spun out of Google’s moonshot factory. The deal between OpenAI and io’ remains […]
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Inside Microsoft’s complicated relationship with OpenAI
Inside Microsoft’s complicated relationship with OpenAI Microsoft’s $13 billion AI investment in OpenAI has led to strained negotiations over the future of their partnership. OpenAI wants more compute power and less reliance on Microsoft, while Microsoft is reportedly pushing for greater exclusivity. OpenAI still needs Microsoft’s approval to convert part of its business to a […]
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Anne Wojcicki is taking back control of 23andMe
Anne Wojcicki is taking back control of 23andMe Anne Wojcicki is buying back 23andMe after it filed for Chapter 11 bankruptcy protection earlier this year. The new purchase agreement is worth $305 million, following a final round of bidding between TTAM and Regeneron Pharmaceuticals. Regeneron was initially set to buy 23andMe for $256 million, but […]
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OpenAI Claims It Reached $10 Billion In Annual Revenue
OpenAI Claims It Reached $10 Billion In Annual Revenue OpenAI has reached $10 billion in annual recurring revenue (ARR), up from $5.5 billion last year, driven by its ChatGPT business products and developer API. The company now serves over 500 million weekly active users and aims to achieve $125 billion in revenue by 2029. OpenAI […]
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Elon Musk departs DC with a black eye and a tattered reputation
Elon Musk departs DC with a black eye and a tattered reputation Elon Musk recently departed Washington D.C. with a black eye, which he attributed to rough-housing with his young son. Musk’s stint as head of DOGE (Department of Government Efficiency) has ended with a tarnished reputation, including a hemorrhaging market share for Tesla and […]
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Public health and private equity: What the Walgreens buyout could mean for the future of pharmacy care
Public health and private equity: What the Walgreens buyout could mean for the future of pharmacy care Walgreens’ recent acquisition by private equity firm Sycamore Partners for $10 billion marks a significant turning point for the pharmacy chain, which has faced financial pressures and declining sales in recent years. The deal raises questions about Sycamore’s […]
🏥 Health
Elon Musk tried to block Sam Altman’s big AI deal in the UAE
Elon Musk tried to block Sam Altman’s big AI deal in the UAE Elon Musk is a business magnate and entrepreneur who has been involved in various high-profile ventures. Sam Altman is the CEO of OpenAI, a company that developed the popular AI model language model. There have been reports of Elon Musk trying to […]
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Why this OpenAI expert doesn’t use ChatGPT
Why this OpenAI expert doesn’t use ChatGPT OpenAI has acquired io Products for $6.5 billion. The startup was founded by former Apple designer Jony Ive. No information is provided in the original text about why an OpenAI expert doesn’t use ChatGPT, so I couldn’t include that point in the summary. There is no additional context […]
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Canadians will also pay more for Leica cameras as a result of US tariffs
Canadians will also pay more for Leica cameras as a result of US tariffs Leica cameras will be more expensive for Canadians due to US tariffs starting May 1st, 2025, with a seven percent price increase. The price increases are a result of Leica’s products being imported into both Canada and the US through its […]
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Amazon’s CEO says the company can weather challenges from tariffs because of how big it is
Amazon’s CEO says the company can weather challenges from tariffs because of how big it is Amazon’s CEO Andy Jassy believes the company can weather challenges from tariffs due to its massive size and extensive product offerings. The company has seen “extremely large selections” and “hundreds of millions of SKUs,” allowing it to adapt to […]
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