Jersey Mike’s IPO illustrates how bad the AI hype has become
Just for kicks, I took a look at Jersey Mike’s IPO documents. Surely a sandwich shop would…
A warning sign about AI’s real cost, courtesy of Google and Amazon
AI has made it a lot harder for tech companies like Amazon and Google to deliver on…
Meta quietly launches vibe-coded gaming app Pocket
Meta has quietly launched Pocket, an experimental AI app that lets users generate and share interactive mini…
Travel app Hopper to pay $35M in FTC settlement over ‘unfairly’ charging hidden fees
Hopper will pay $35 million to settle FTC allegations that it used deceptive “dark patterns” to hide…
Anthropic is discussing a new custom chip with Samsung
The news comes about a week after OpenAI announced its own custom AI chip in a partnership…
Boeing-owned Wisk Aero accused of firing manager who raised safety concerns
A former software manager claims Wisk rushed software testing ahead of a crucial 2025 flight test.
Melinda Gates’ venture firm backs Magnify Ventures’ $46.6M Fund II
Early-stage firm Magnify Ventures has raised a $46.6 million Fund II from LPs including Melinda French Gates’…
OpenAI proposed donating 5% of its equity to a US sovereign wealth fund
OpenAI CEO Sam Altman has reportedly proposed giving 5% of the company’s equity to a U.S. sovereign…
Popular TV-tracking app TV Time is shutting down as company focuses on AI
TV Time, the popular TV tracking app, is shutting down on July 15 as parent company Whip…
Lucid Motors’ CFO is out as its new CEO continues leadership shakeup
The company announced a new slate of executive hires meant to help turn things around, as Gravity…