CoreWeave shares soar 17% after $2 billion debt offering

Posted on May 21, 2025 by Techme101

CoreWeave shares popped more than 18% after the renter of artificial intelligence data centers announced a $2 billion debt offering.

Posted in Tech | Tagged | Comments Off on CoreWeave shares soar 17% after $2 billion debt offering

Spotify says support for external payments on iOS has already boosted subscriptions

Posted on May 21, 2025 by Techme101

Spotify says its ability to direct its customers to external payment links in its iOS app has already had a positive impact on sales. In a newly filed amicus brief in support of Epic Games in its ongoing legal battle with Apple over external payments on the App Store, Spotify claims its internal data indicates […]

Posted in Tech | Tagged | Comments Off on Spotify says support for external payments on iOS has already boosted subscriptions

OpenAI’s Big Bet That Jony Ive Can Make AI Hardware Work

Posted on May 21, 2025 by Techme101

Io, a firm Ive and Sam Altman cocreated, will now merge with OpenAI.

Posted in Business | Tagged | Comments Off on OpenAI’s Big Bet That Jony Ive Can Make AI Hardware Work

LM Arena, the organization behind popular AI leaderboards, lands $100M

Posted on May 21, 2025 by Techme101

LM Arena, a crowdsourced benchmarking project that major AI labs rely on to test and market their AI models, has raised $100 million in a seed funding round that values the organization at $600 million, according to Bloomberg. Andreessen Horowitz (a16z) and UC Investments, which manages an investment portfolio for the University of California, led the […]

Posted in Tech | Tagged | Comments Off on LM Arena, the organization behind popular AI leaderboards, lands $100M

Wyden: AT&T, T-Mobile, and Verizon weren’t notifying senators of surveillance requests

Posted on May 21, 2025 by Techme101

Sen. Ron Wyden said in a letter that one U.S. phone carrier turned over Senate data to law enforcement without notifying the target.

Posted in Tech | Tagged | Comments Off on Wyden: AT&T, T-Mobile, and Verizon weren’t notifying senators of surveillance requests

Amazon CEO Andy Jassy says tariffs haven’t dented consumer spending

Posted on May 21, 2025 by Techme101

Amazon CEO Andy Jassy said the company hasn’t seen any signs of consumers tightening their wallets in the face of President Donald Trump’s sweeping tariffs.

Posted in Tech | Tagged | Comments Off on Amazon CEO Andy Jassy says tariffs haven’t dented consumer spending

OpenAI is buying iPhone designer Jony Ive’s AI devices startup for $6.4 billion

Posted on May 21, 2025 by Techme101

OpenAI said on Wednesday that it’s acquiring Jony Ive’s artificial intelligence devices startup io for about $6.4 billion.

Posted in Tech | Tagged | Comments Off on OpenAI is buying iPhone designer Jony Ive’s AI devices startup for $6.4 billion

OpenAI Unites With Jony Ive in $6.5 Billion Deal to Create A.I. Devices

Posted on May 21, 2025 by Techme101

OpenAI said it was buying io, a start-up founded by Mr. Ive, the designer of the iPhone, to usher in a new era of artificial intelligence hardware.

Posted in Tech | Tagged | Comments Off on OpenAI Unites With Jony Ive in $6.5 Billion Deal to Create A.I. Devices

Fortnite Returns to Apple’s App Store After Scoring a Legal Victory

Posted on May 21, 2025 by Techme101

Apple kicked the popular game out of the App Store nearly five years ago, prompting a court battle that was partially resolved on Tuesday.

Posted in Tech | Tagged | Comments Off on Fortnite Returns to Apple’s App Store After Scoring a Legal Victory

Jony Ive to lead OpenAI’s design work following $6.5B acquisition of his company

Posted on May 21, 2025 by Techme101

Famed Apple product designer Jony Ive will now lead creative and design work at OpenAI, the result on an usual deal announced on Wednesday. OpenAI CEO Sam Altman and Ive have been working on an AI device that will move consumers beyond screens for roughly two years, according to The Wall Street Journal. “Thrilled to […]

Posted in Tech | Tagged | Comments Off on Jony Ive to lead OpenAI’s design work following $6.5B acquisition of his company