Jony Ive to lead OpenAI’s design work following $6.5B acquisition of his company
OpenAI is acquiring io, the device startup that CEO Sam Altman and famed Apple designer Jony Ive have quietly been working on for two years, in a deal that values that startup at $6.5 billion, according to The Wall Street Journal. As part of the unusua…
Field raises $17M to automate the drudgery of tax prep
There is a new accounting software in town, coming in with a fresh $17.2 million raise and a desire to shake things up. The company, Field, hopes to automate the grunt work. “The tax industry is facing a genuine crisis,” Leroy Kerry, Field’s co-founder…
Trump administration may sell deep-sea mining leases at startup’s urging
Impossible Metals, a deep-sea mining startup, submitted a formal request to the Department of the Interior to sell leases to mine the ocean floor.
Tensions flare between the US and China over Huawei’s AI chips
Just a few weeks after the U.S. and China made significant steps to de-escalate the growing trade war between the two countries, tensions are flaring again — this time over semiconductors. China’s Commerce Ministry in Beijing released a statement…