| Bloomberg: |
OpenAI acquires io, Jony Ive's secretive AI startup, for nearly $6.5B in stock; Ive and LoveFrom will remain independent but take over design for all of OpenAI — OpenAI will acquire the AI device startup co-founded by Apple Inc. veteran Jony Ive in a nearly $6.5 billion all-stock deal … | Berber Jin / Wall Street Journal: |
Leaked recording: Sam Altman told his staff that OpenAI aims to ship 100M AI “companion” devices meant for everyday life, and to release the first by late 2026 — Idea is a 'chance to do the biggest thing we've ever done as a company here,' Altman told OpenAI employees Wednesday| Emma Roth / The Verge: |
Kuo: Ive and Altman's device could be larger than Humane's AI pin, may connect to smartphones and PCs to use their computing and display capabilities, and more — Supply chain analyst Ming-Chi Kuo is mostly known for Apple rumors, and now says users might be able to wear OpenAI's future device around their neck.| OpenAI: |
In a video and a letter signed “Sam & Jony”, Altman and Ive say io, founded in 2024 by Ive, Scott Cannon, Evans Hankey, and Tang Tan will develop new products — This is an extraordinary moment. — Computers are now seeing, thinking and understanding.| New York Times: |
Sources: OpenAI owned a 23% stake in io from a 2024 deal, so it is now paying ~$5B to fully acquire it; the OpenAI Startup Fund also invested in io in 2024 — Jony Ive, a former top executive at Apple, said that the goal with OpenAI was to create “amazing products that elevate humanity.”| Emma Roth / The Verge: |
Google is tapping its users' data to give its AI models an advantage over OpenAI and Anthropic, starting with its opt-in “Gemini with personalization” feature — Google is slowly giving Gemini more and more access to user data to ‘personalize’ your responses.| Alex Kantrowitz / Big Technology: |
Q&A with Google DeepMind CEO Demis Hassabis and Google co-founder Sergey Brin on AI frontier models, scaling data centers, reasoning, DeepThink, AGI, and more — Google co-founder Brin says “anybody who's a computer scientist should not be retired right now. They should be working on AI."| Sharon Goldman / Fortune: |
| Wired: |
A security researcher finds an exposed Elastic database with 184M records, including login credentials for Apple, Meta, Google, and others; its owner is unknown — A trove of breached data, which has now been taken down, includes user logins for platforms including Apple, Google, and Meta.| Tom Warren / The Verge: |
Microsoft says it is reducing “politically focused emails” internally and externally; workers cannot send emails mentioning “Palestine”, “Gaza”, or “genocide” — Employees discovered that emails with a variety of terms related to Gaza and Palestine have been blocked internally.| Dan Goodin / Ars Technica: |
Signal says its desktop app will block Windows from taking screenshots of it by default due to Recall's privacy risks; users can enable screenshots in settings — Signal Messenger is warning the users of its Windows Desktop version that the privacy of their messages is under threat by Recall … | Richard Waters / Financial Times: |
Two new books on OpenAI and the AI industry bust Sam Altman's myths around OpenAI, and highlight the pursuit of power behind the do-gooder rhetoric — Two timely and myth-busting books show that the AI boom is driven by the pursuit of power, wealth and hubris| IGN: |
Q&A with legendary game designer Shigeru Miyamoto on Super Nintendo World, redesigning Donkey Kong, growing Pikmin, enhancing games for the Switch 2, and more — “What's important is to be able to create something new.” — In May of 2015, Nintendo officially announced plans to partner … | Alexander Osipovich / Wall Street Journal: |
Kraken plans to offer tokenized versions of 50+ stocks and ETFs, including Apple and Tesla stocks, to customers in Europe, Latin America, Africa, and Asia — The platform will offer overseas customers tokenized versions of more than 50 stocks and ETFs — Kraken, the cryptocurrency exchange … | Josh Sisco / Bloomberg: |
Sources: the US DOJ recently told Google it is examining whether Google structured an agreement with Character.AI to avoid formal government merger scrutiny — Antitrust enforcers have recently told Google they're examining whether it structured an agreement with the company known as Character.AI … | Blake Brittain / Reuters: |
| Kevin Collier / NBC News: |
Nansen: the 220 winners of President Trump's May 22 dinner contest spent $394M on the $TRUMP token, with the top seven spending $10M+ each and a third $1M+ each — In total, the 220 winners of the contest to attend the dinner spent $394 million on Trump's official cryptocurrency.| Financial Times: |
M&S CEO Stuart Machin says hackers accessed the UK retailer's systems using social engineering tactics via a third-party supplier, putting M&S “on its backside” — Hackers gained access via third-party supplier to perpetrate attack that put M&S ‘on its backside’| Tanaya Macheel / CNBC: |
Bitcoin reached a new all-time high on May 21, surpassing $110K and breaking its January 2025 record, after slumping to $74K in April 2025 amid macro concerns — WATCH NOW — Bitcoin rose to a new all-time high on Wednesday, breaking its January record.| Rebecca Dzombak / New York Times: |
Microsoft researchers and others detail Aurora, an AI weather model they say makes accurate 10-day forecasts faster and at smaller scales than many other models — A Microsoft model can make accurate 10-day forecasts quickly, an analysis found. And, it's designed to predict more than weather.| Kurt Schlosser / GeekWire: |
Amazon introduces AI shopping experts, an audio feature that summarizes product details, customer reviews, and more, on select products for some US customers — Amazon is adding another AI twist to its shopping app with an audio feature that provides highlights and insight about certain products.| Bloomberg: |
Xiaomi CEO Lei Jun unveils the Xring O1, a Xiaomi-made 3nm chip that will power three devices, including the Tablet 7 Ultra, in a bid to compete with Apple — The 5-meter long vehicle's top model can go 760 kilometers on a single charge and hit 100 km/h in 3.23 seconds … | Turner Wright / Cointelegraph: |
A New York jury convicts Braden John Karony, the former CEO of crypto company SafeMoon, of conspiracy to defraud the US, money laundering, and wire fraud — A New York jury found Braden John Karony, the former CEO of cryptocurrency company SafeMoon, guilty of three felony charges after less than a day of deliberation.| Carl Franzen / VentureBeat: |
OpenAI updates its Responses API for building agentic applications to include remote MCP server support, image generation and Code Interpreter tools, and more — OpenAI is rolling out a set of significant updates to its newish Responses API, aiming to make it easier for developers and enterprises … | Financial Times: |
How SpaceX's Starlink moved quickly to solidify its lead in the satellite internet business, as its competitors face production and launch capacity bottlenecks — Unlock the Editor's Digest for free — Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.| Bloomberg: |
Lenovo reports Q4 revenue up 23% to $16.98B, vs. $15.6B est., and net profit down 64% YoY to ~$90M, below $225.8M est., reflecting AI and PC market competition — The Chinese company reported net income of $90 million for the March quarter versus projections for more than $200 million … | Financial Times: |
Sources: Telegram told investors ahead of a ~$1.5B bond offering that revenue reached $1.4B in 2024, up from $343M in 2023, and net profit reached $540M in 2024 — Messaging app's finances are booming even as chief Pavel Durov fights French case over alleged content failings| Brian Spegele / Wall Street Journal: |
China is catching up with the US in AI, robotics, and other sectors, driven by an R&D spending rise, hitting $500B in 2024, up 3x since Xi took office in 2012 — Beijing is racing ahead in advanced technology, including in robots, satellites and AI—and in some cases is catching up with the U.S.| Leo Schwartz / Fortune: |
Slash, which provides banking services for specific sectors like crypto and marketing, raised a $41M Series B at a $370M valuation led by Goodwater Capital — Slash cofounders Victor Cardenas and Kevin Bai — Plenty of startups have had to pivot from their original business idea …
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| Milana Vinn / Reuters: |
| Samantha Subin / CNBC: |