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Semiconductors
The U.S. government is set to acquire a 10% ownership stake in Intel, President Donald Trump told reporters on Friday, in a move that would mark a rare departure from traditional American economic policy. The announcement, first reported by Bloomberg, sent Intel’s stock soaring more than 7% during
Media
Google is making it easier for Workspace users to edit videos stored in Drive. On Friday, the company announced a new shortcut button that integrates its AI-powered video creation app, Vids, directly into the Drive experience. Now, when previewing a video file in Google Drive, users will notice an “Open”
Artificial Intelligence (AI)
OpenAI has announced plans to open its first office in India, marking a major step in the company’s bid to tap into one of the world’s fastest-growing AI markets. The move comes just days after the company rolled out ChatGPT Go, a budget-friendly subscription plan tailored for Indian
Health
Roughly one in three adults in the U.S. regularly struggles with insufficient sleep—a growing problem that has fueled demand for smarter tools to monitor, analyze, and improve rest. Eight Sleep, a New York-based startup founded in 2014, is betting big on AI-driven solutions to make sleep not just
E-commerce
Best Buy is opening its doors to third-party sellers as part of a major effort to diversify its offerings and regain sales momentum. Starting Tuesday, shoppers visiting Best Buy’s website and mobile app will see an expanded assortment of merchandise—including products the retailer hasn’t traditionally carried. The
Business Insights
Private members’ club giant Soho House & Co is set to go private after striking a takeover deal worth around $2.7 billion with a consortium of investors led by New York-based hotel group MCR Hotels. The agreement will see shareholders receive $9 per share, valuing the London-founded hospitality brand
Cloud Computing
Oracle and Alphabet’s Google announced Thursday that their cloud computing divisions have formed a strategic partnership to integrate Google’s Gemini artificial intelligence models into Oracle’s cloud services and enterprise applications. The agreement will allow developers using Oracle Cloud to access Gemini’s capabilities for generating text, video,
Retail
Bed Bath & Beyond is making a comeback—though not quite as you remember it. The once-bankrupt home goods chain, which shuttered after filing for bankruptcy in April 2023, has been revived under new ownership and a new banner: Bed Bath & Beyond Home. The first location of this reimagined
Artificial Intelligence (AI)
Meta has purchased AI voice startup WaveForms for an undisclosed amount, according to The Information, marking the social media giant’s latest push to expand its new AI-focused division, Superintelligence Labs. The deal comes just weeks after Meta’s acquisition of PlayAI, making it the company’s second major AI
Artificial Intelligence (AI)
In a major milestone for artificial intelligence, OpenAI has officially launched GPT-5, its most powerful and ambitious AI model to date. Unveiled on Thursday, GPT-5 is being hailed as the company’s first “unified” model — combining the reasoning depth of its o-series with the speed and fluency that made its
Government
OpenAI has announced a major partnership with the U.S. General Services Administration (GSA) to offer ChatGPT Enterprise to over two million executive-branch federal employees for just $1 per agency over the next year. The agreement marks one of the most sweeping efforts yet to integrate generative AI tools into
Media
Instagram is rolling out a wave of new features aimed at enhancing social discovery and interaction, headlined by Instagram Map — a tool that allows users to share their most recent location with friends and explore location-based content. The Meta-owned platform is also launching a Reposts feature and expanding its “Friends”