| The Information: |
Sources: OpenAI is recruiting from Apple's hardware, design, manufacturing, and supply chain teams, as it targets late 2026 or early 2027 for its first devices — As OpenAI's plans to make devices infused with its artificial intelligence get closer to reality, the company is increasingly plucking talent … | Marcus Mendes / 9to5Mac: |
Report: OpenAI has considered building glasses, a digital voice recorder, and a pin, and has signed a deal with Luxshare to assemble at least one of its devices — A few months ago, OpenAI teamed up with Jony Ive to build the next generation of AI-powered hardware, under the brand io.| Jez Corden / Windows Central: |
Microsoft plans to raise Xbox Series X price by $50 to $649.99 and Series S by $20 to $399.99 starting Oct. 3, citing “changes in the macroeconomic environment” — Microsoft cites challenging “macroeconomic” environment for the price increases, which sees the Xbox Series X hit a whopping $649.99.| Jess Weatherbed / The Verge: |
Meta CTO says the technical issues during live demos of its new smart glasses were due to a self-inflicted DDoS and a bug that put Zuckerberg's glasses to sleep — Meta ran into some spectacularly embarrassing technical issues during the live demos of its new smart glasses this week, and now we know why.| Kif Leswing / CNBC: |
Sources: xAI has raised $10B at a post-money valuation of $200B, weeks after reportedly raising $10B in debt and equity at a ~$150B valuation — Elon Musk's xAI is raising $10 billion from investors in a round that values the artificial intelligence startup at $200 billion, sources told CNBC's David Faber.| New York Times: |
| Ben Berkowitz / Axios: |
Trump claims he and Xi Jinping approved a deal for TikTok's US operations; Chinese media's readout only says that China respects the wishes of businesses — President Trump and Chinese leader Xi Jinping spoke about a TikTok deal Friday, but details on the social media platform's U.S. future remain unclear.| Tim Bradshaw / Financial Times: |
Sources: Nvidia is in advanced discussions to invest $500M in UK self-driving car startup Wayve, as part of a £2B pledge for UK startups; Wayve is evaluating — AI chipmaker's chief tells London audience that UK's first trillion-dollar company will be an AI business| Bloomberg: |
Sources: Oracle is in discussions with Meta to provide computing power for training and deploying AI models, in a deal worth about $20B — Oracle Corp. is in discussions with Meta Platforms Inc. for a cloud computing deal worth about $20 billion, providing further evidence that the company … | The Information: |
Sources: Apple told at least two suppliers to boost their daily output of entry-level iPhone 17 by at least 30%, after strong pre-orders last weekend — Apple is rushing to boost production of its newly released entry-level model iPhone 17 after strong pre-orders last weekend.| Annie Palmer / CNBC: |
Pattern, which helps brands optimize their sales on online marketplaces, closes up 11.6% at $15.63 per share in its Nasdaq debut, after raising $300M in its IPO — Pattern Group, one of the leading resellers on Amazon, took the plunge into the public markets Friday and saw its stock rise slightly in its Nasdaq debut.| Sri Muppidi / The Information: |
Sources: OpenAI plans to spend ~$100B on backup servers rented from cloud providers through 2030, in addition to the $350B already projected for server rentals — When OpenAI in March released ChatGPT features that could turn photos into animated characters, a spike in usage forced the company to put temporary limits on the features.| Sarah Perez / TechCrunch: |
Mastodon, the nonprofit that maintains the social network, plans to offer paid hosting, moderation, and support services for organizations joining the fediverse — Mastodon, the non-profit organization that maintains the software powering the decentralized alternative to social networks like Threads and X … | Bloomberg: |
| Ike Swetlitz / Bloomberg: |
Neuralink plans a US clinical trial in October to test a brain implant that translates thoughts into text, hoping to put its device in a healthy person by 2030 — Neuralink Corp., Elon Musk's brain implant company, plans to launch a clinical trial in the US in October aiming to use its device …
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| Mat Di Salvo / Decrypt: |
| Krystal Hu / Reuters: |
| Alex Wickham / Bloomberg: |
| Kieran Smith / Financial Times: |
| Jordan Novet / CNBC: |
| Yaël Bizouati-Kennedy / Sherwood News: |
| Reece Rogers / Wired: |
| Leah Nylen / Bloomberg: |