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Showing results for: Startups & Business

OpenAI proposed donating 5% of its equity to a US sovereign wealth fund
Startups & Business

OpenAI proposed donating 5% of its equity to a US sovereign wealth fund

OpenAI’s CEO Sam Altman has floated a proposal to allocate 5 % of the company’s equity to a U.S. sovereign wealth fund, sparking debate over public participation in the AI boom’s upside. If implemented, the plan could reshape OpenAI’s ownership, blend public and private financing, and signal a new policy direction for regulating AI‑driven wealth creation.

2 min
Politician who investigated spyware abuses had his phone hacked with Pegasus spyware
Startups & Business

Politician who investigated spyware abuses had his phone hacked with Pegasus spyware

The EU committee member tasked with probing Pegasus was himself compromised when a government client of NSO Group used the spyware to infiltrate his phone. This clash of interest highlights how the very tool under investigation can be turned against the investigators, threatening the credibility of oversight and prompting calls for stricter transparency and accountability in state‑level spyware procurement.

2 min
Meta, like SpaceX, looks to turn excess AI compute into cash
Startups & Business

Meta, like SpaceX, looks to turn excess AI compute into cash

Meta, wie SpaceX, will ĂŒberschĂŒssige KI‑Rechenleistung in Einnahmen verwandeln, indem es Unternehmen Zugang zu seiner eigenen AI‑Compute‑Cloud ermöglicht. Dieser Schritt könnte das Cloud‑Markt‑Duopol aufbrechen und Meta eine neue, skalierbare Einnahmequelle eröffnen.

2 min
Ashton Kutcher leaving Sound Ventures to launch new VC firm with Morgan Beller
Startups & Business

Ashton Kutcher leaving Sound Ventures to launch new VC firm with Morgan Beller

Ashton Kutcher is exiting Sound Ventures to co‑found a new venture‑capital firm with Morgan Beller, shifting his focus from backing headline AI labs to financing the underlying compute, data‑pipeline, and energy infrastructure that powers them. This pivot could unlock early‑stage capital for the “layer underneath” AI, offering startups a fresh source of support for scaling their models sustainably.

2 min
Acti puts AI agents directly into your smartphone keyboard
Startups & Business

Acti puts AI agents directly into your smartphone keyboard

Acti’s new keyboard embeds AI agents right into the typing layer on iOS and Android, letting users trigger AI‑powered actions with natural‑language shortcuts in any app. By moving the assistant to the keyboard, the service works universally across messaging, email, notes, and more, eliminating the need to open a separate application.

2 min
Why everyone from OpenAI to SpaceX is building their own chips (and turning up the heat on Nvidia)
Startups & Business

Why everyone from OpenAI to SpaceX is building their own chips (and turning up the heat on Nvidia)

Why giants like OpenAI, Google, Apple, and SpaceX are engineering their own AI inference silicon is reshaping the market: by sidestepping Nvidia’s dominance they gain supply‑chain resilience, tighter hardware‑software integration, and cost control. As more firms launch custom chips—OpenAI’s *Jalapeño* with Broadcom being the latest—the pressure on Nvidia’s pricing power and market share is heating up.

2 min
OpenAI limits GPT-5.6 rollout after government request, says restrictions shouldn’t be the norm
Startups & Business

OpenAI limits GPT-5.6 rollout after government request, says restrictions shouldn’t be the norm

OpenAI has temporarily halted the broader distribution of its GPT‑5.6 model after a government request, emphasizing that such forced access should remain a short‑term measure rather than a lasting practice. The pause restricts new API keys and on‑premise deployments, limiting immediate availability for developers, enterprises, and security teams relying on the model’s advanced capabilities.

2 min
Rippling now wants to be your entire data stack
Startups & Business

Rippling now wants to be your entire data stack

Rippling’s ambition to become the “entire data stack” means companies could manage HR, finance, IT and AI‑driven productivity tools from a single platform, cutting down on fragmented subscriptions and hidden costs. The $30 k per‑employee spend on Claude highlighted in the TechCrunch story illustrates how integrating AI services into Rippling’s ecosystem could streamline billing, governance, and visibility for businesses of all sizes.

2 min
Europe is pushing back on Washington’s chip war
Startups & Business

Europe is pushing back on Washington’s chip war

Europe is warning that the U.S. MATCH Act’s plan to block older‑generation DUV lithography tools could cripple its own flagship chipmaker, ASML, and cost jobs across the continent. By cutting off China’s last viable source of proven equipment, Washington risks accelerating a shift to newer EUV systems while Europe scrambles to protect its high‑tech industry.

2 min