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OpenAI buys iPhone designer Jony Ive device startup for $6.4 billion

OpenAI buys iPhone designer Jony Ive device startup for .4 billion

OpenAI Chief Executive Officer Sam Altman appears on screen during a talk with Microsoft Chairman and Chief Executive Officer Satya Nadella at the Microsoft Build 2025, conference in Seattle, Washington on May 19, 2025. Jason Redmond | AFP | Getty Images OpenAI said on Wednesday that it’s buying Jony Ive’s AI devices startup io for … Read more

DOJ charges Armenian crime ring in Amazon theft worth over $83 million

DOJ charges Armenian crime ring in Amazon theft worth over  million

The Amazon Prime logo is displayed on Amazon delivery trucks in Richmond, California, June 21, 2023. Justin Sullivan | Getty Images Department of Justice officials on Tuesday charged members or associates of an Armenian organized crime ring with stealing more than $83 million worth of cargo from Amazon by posing as legitimate truck drivers and … Read more

Fortnite approved by Apple, returns to U.S. App Store after 5 years

Fortnite approved by Apple, returns to U.S. App Store after 5 years

Thomas Fuller | SOPA Images | Lightrocket | Getty Images Apple approved the Epic Games title Fortnite on Tuesday, returning the first-person shooter game to the App Store in the U.S., five years after its removal. Fortnite was kicked off the App Store in 2020 after Epic updated its game over the web to take … Read more

Trump tells Walmart to ‘eat the tariffs’ after retailer warned it will raise prices

Trump tells Walmart to ‘eat the tariffs’ after retailer warned it will raise prices

People shop at a Walmart in Rosemead, California, on April 11, 2025.  Frederic J. Brown | Afp | Getty Images President Donald Trump blasted Walmart on Saturday after the country’s largest retailer warned this week that it will have to raise prices because of tariffs. “Walmart should STOP trying to blame Tariffs as the reason … Read more

Grok’s ‘white genocide’ responses show gen AI tampered with ‘at will’

Grok’s ‘white genocide’ responses show gen AI tampered with ‘at will’

Muhammed Selim Korkutata | Anadolu | Getty Images In the two-plus years since generative artificial intelligence took the the world by storm following the public release of ChatGPT, trust has been a perpetual problem. Hallucinations, bad math and cultural biases have plagued results, reminding users that there’s a limit to how much we can rely … Read more

CoreWeave pops 60% this week on AI growth momentum, big Nvidia stake

CoreWeave pops 60% this week on AI growth momentum, big Nvidia stake

CoreWeave CEO Mike Intrator testifies before the Senate Committee on Commerce, Science and Transportation in Washington on May 8, 2025. Chip Somodevilla | Getty Images CoreWeave investors are having a big week. Shares of the artificial intelligence infrastructure provider rose 56% over the past five trading days, lifting the company’s market cap to over $37 … Read more

Anthropic closes $2.5 billion credit facility

Anthropic closes .5 billion credit facility

Dario Amodei, Anthropic’s CEO, speaking on CNBC’s “Squawk Box” outside the World Economic Forum in Davos, Switzerland, on Jan. 21, 2025. Gerry Miller | CNBC Earlier this week, Anthropic received a $2.5 billion, five-year revolving credit line to amp up its liquidity in an ever-expanding — and expensive — competition in the artificial intelligence industry. Anthropic, founded … Read more

Musk’s xAI Grok white genocide posts violated ‘core values’

Musk’s xAI Grok white genocide posts violated ‘core values’

Muhammed Selim Korkutata | Anadolu | Getty Images Elon Musk’s xAI on Thursday evening made its first public comment about the latest controversy surrounding Grok, writing in a post on X that an “unauthorized modification” caused the chatbot to generate variations of a “specific response on a political topic.” That controversial topic was “white genocide” … Read more

Cerebras CEO says chipmaker’s ‘aspiration’ is to hold IPO in 2025

Cerebras CEO says chipmaker’s ‘aspiration’ is to hold IPO in 2025

Toronto , Canada – 20 June 2024; Andrew Feldman, co-founder and CEO of Cerebras Systems, speaks at the Collision conference in Toronto on June 20, 2024. Ramsey Cardy | Sportsfile | Collision | Getty Images Cerebras CEO Andrew Feldman said his hope is to take his company public in 2025 now that the chipmaker has … Read more

Nvidia owned $900 million worth of CoreWeave shares Q1, filing shows

Nvidia owned 0 million worth of CoreWeave shares Q1, filing shows

CoreWeave founders Brian Venturo, at left in sweatshirt, and Mike Intrator slap five after ringing the opening bell at Nasdaq headquarters in New York on March 28, 2025. Michael M. Santiago | Getty Images News | Getty Images After popping this week, CoreWeave shares are up about 65% since the company’s IPO earlier this year. … Read more