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May 22, 2025, 12:25 PM
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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.
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
Wall Street Journal:
Sources: Sam Altman and LoveFrom have been working for two years on devices that move consumers beyond screens, like headphones and other devices with cameras
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
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:
Google DeepMind says Gemini Diffusion, an experimental text diffusion model demoed at Google I/O and available by waitlist, generates 1,000-2,000 tokens/second
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.
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
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 …
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 …
Tech Policy Press:
The US House passes the One Big Beautiful Bill Act, a budget bill that would ban states from enforcing AI laws for 10 years; the bill now heads to the Senate  —  The United States House of Representatives early Thursday narrowly passed a budget bill that, if enacted, would ban states …
Eliot Brown / Wall Street Journal:
OpenAI partners with G42 and others to build a 1-gigawatt AI data center in Abu Dhabi called Stargate UAE, its first large-scale project outside the US  —  Stargate UAE project is part of a push by the Gulf petrostate to become a big player in artificial intelligence
Blake Brittain / Reuters:
A US district judge rules Google and Character.AI must face a Florida woman's lawsuit claiming Character.AI's chatbots caused her 14-year-old son's suicide
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.
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.
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 …
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.
Katie Tarasov / CNBC:
Inside the making of ASML's High NA: the latest-gen EUV machine costs $400M+, has four modules, is assembled in the Netherlands, and five units have shipped  —  WATCH NOW  —  ASML's giant $400 million High NA transforms how chips are made.  Here's an exclusive first look.
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 …

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From Mediagazer

Deadline:
Sky strikes a £2.1B output deal with ITV Studios, ITV's production arm, until 2032; ITV Studios is not part of Sky's deal to acquire ITV's TV network

Tim Donnelly / The New York Groove:
Why some staffers at Schneps Media want a union: low pay leads to high turnover and a loss of institutional knowledge at the chain of local newspapers in NYC

Lucas Shaw / Bloomberg:
Sources: Netflix is studying its data to see why viewers quit its shows after S1, with some shows seeing a 30%-70% S2 drop, as it faces a quarter without hits

More News

Earlier Picks

The Information:
Amazon plans to sell Nike products directly for the first time since 2019, when Nike stopped selling through Amazon due to lingering counterfeit issues
Milana Vinn / Reuters:
AT&T agrees to acquire Lumen's consumer fiber business for $5.75B, in an all-cash deal expected to close in H1 2026; LUMN jumps 13%+
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