Category: News

Nvidia and AMD have agreed to allocate 15% of their revenue from selling high-end AI chips to China directly to the U.S. government. This arrangement, viewed as a form of “revenue tax,” signals a partial easing by the Trump administration on chip exports to China, while also highlighting Washington’s intent to secure a share of...

Biotechnology startup Chai Discovery has raised $70 million, pushing its valuation to $550 million. The funding round included Menlo Ventures, Thrive Capital, OpenAI, DST Global Partners, and Yosemite, a cancer-focused VC firm founded by Steve Jobs’ son. Founded in 2023 by Joshua Meier and Jack Dent, Chai Discovery is focused on developing faster and more...

Meta has taken another step to expand its presence in the AI voice technology space with a new acquisition. Following last month’s purchase of PlayAI, the tech giant has now acquired WaveForms, a startup specializing in AI-driven voice solutions. Financial terms of the deal were not disclosed. According to The Information, the move is part...

OpenAI’s groundbreaking new AI model GPT-5 will arrive on iPhones this fall with the release of iOS 26. Announced just yesterday, the model will be integrated into Apple Intelligence, though the integration will be entirely optional for users. iPhone owners will gain several new capabilities, including accessing ChatGPT through Siri, using ChatGPT within writing tools,...

OpenAI has officially introduced GPT-5, the long-awaited new generation of its AI technology. Speaking at the launch event, OpenAI CEO Sam Altman highlighted that GPT-5 can now respond to any user query with the expertise of a “PhD-level specialist.” The new model stands out for its advanced capabilities in areas such as software development, content...

Airbnb CEO Brian Chesky shared notable insights on artificial intelligence during the company’s second-quarter earnings call with investors. Chesky said AI-powered chatbots have the potential to attract new customers in the travel and hospitality sectors, but they are not yet at a level to replace Google. “AI is still in the exploration phase,” Chesky noted,...

Clay, a New York-based sales automation startup, has secured $100 million in a Series C funding round led by CapitalG, the investment arm of Alphabet, Google’s parent company. The round brings Clay’s valuation to $3.1 billion. Other notable investors participating in the round include Meritech Capital, Sequoia Capital, First Round Capital, BoxGroup, Boldstart, and Sapphire...

Apple is rethinking its traditionally cautious stance on AI-powered conversational technologies. The company has launched a new team, dubbed “Answers,” to develop an advanced system that aims to transform how users access information. Currently in the testing phase, the AI-driven “answer engine” is designed to search the web and respond to user queries. Over time,...

After a successful partnership with Ray-Ban, Meta and EssilorLuxottica have expanded their smart eyewear lineup with a new performance-focused model under the Oakley brand: Oakley Meta HSTN. Officially unveiled on June 20 as scheduled, this model marks Meta’s first entry into the performance wearables category. Oakley Meta HSTN: Designed for Athletes, Packed with Features Engineered...

Texas Instruments (TI), one of the world’s leading semiconductor manufacturers, has unveiled plans for a massive $60 billion investment aimed at significantly expanding its production capacity across the United States. The move marks a historic commitment to boosting domestic chip manufacturing amid rising global competition. As part of the plan, TI will build and expand...