When Amazon hired the founders of AI startup Adept last year, it was one of the first examples of what became known as a reverse acquihire — a deal where a large company hires key startup team members and licenses its technology, rather than acquiring the startup outright. Adept’s co-founder and former CEO David Luan … Read more
In a new blog post, OpenAI warns against “unauthorized opportunities to gain exposure to OpenAI through a variety of means,” including special purpose vehicles, known as SPVs. “We urge you to be careful if you are contacted by a firm that purports to have access to OpenAI, including through the sale of an SPV interest … Read more
Intel officially announced an agreement with President Donald Trump’s administration on Friday afternoon, following Trump’s statement that the government would be taking a 10% stake in the struggling chipmaker. While Intel says the government is making an “$8.9 billion investment in Intel common stock,” the administration does not appear to be committing new funds. Instead, … Read more
Social networking startup Bluesky has made the decision to block access to its service in the state of Mississippi, rather than comply with a new age assurance law. In a blog post published on Friday, the company explains that, as a small team, it doesn’t have the resources to make the substantial technical changes this … Read more
It’s hard to find programmers these days who aren’t using AI coding assistants in some capacity, especially to write the repetitive, mundane bits. But those who refused to try the tools when Coinbase bought enterprise licenses for GitHub Copilot and Cursor got promptly fired, CEO Brian Armstrong said this week on John Collison’s podcast “Cheeky … Read more
Meta is partnering with Midjourney to license the startup’s AI image and video generation technology, Meta Chief AI Officer Alexandr Wang announced Friday in a post on Threads. Wang says Meta’s research teams will collaborate with Midjourney to bring its technology into future AI models and products. “To ensure Meta is able to deliver the … Read more
Y Combinator has filed an amicus brief in the ongoing legal battle between Apple and Epic Games, arguing that the App Store has stifled startup innovation. We’ve reached out to legal reps for YC and Apple for comment. The brief comes during the years-long legal dispute. Epic Games first filed an antitrust lawsuit against the … Read more
OpenAI has announced plans to open its first office in India, just days after launching a ChatGPT plan tailored for Indian users, as it looks to tap into the country’s rapidly growing AI market. On Friday, the company said it would set up a local team in India and open a corporate office in the … Read more
OpenAI is asking Meta to produce evidence related to any coordinated plans with Elon Musk and xAI to acquire or invest in the ChatGPT-maker. The request was made public in a brief filed Thursday in Elon Musk’s ongoing lawsuit against OpenAI. Lawyers representing OpenAI said they subpoenaed Meta in June for documents related to its … Read more
Blue Origin and Anduril have landed new study contracts with the U.S. Air Force to explore how their technology, including rockets, could move military cargo around the world. The contracts under the Air Force’s Rocket Cargo program are relatively small — Blue Origin’s comes in at $1.37 million and Anduril’s at $1 million. But they … Read more
