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Meta’s enormous bet on virtual reality ended last week, with the company reportedly laying off roughly 1,500 employees from its Reality Labs division — about 10% of the unit’s staff — and shutting down several VR game studios, according to The Wall Street Journal. It’s a huge reversal for a company that, just four years…
In October, at a tech conference in Italy, Amazon and Blue Origin founder Jeff Bezos predicted that millions of people will be living in space “in the next couple of decades” and “mostly,” he’d said, “because they want to,” because robots will be more cost-effective than humans for doing the actual work in space. No…
Elon Musk wants a jaw-dropping $79 billion to $134 billion in damages from OpenAI and Microsoft, claiming the AI company defrauded him by jettisoning its nonprofit mission, Bloomberg first reported. The figure comes from expert witness C. Paul Wazzan, a financial economist whose bio says he has been deposed nearly 100 times and testified at…
Shortly after Google announced its new Universal Commerce Protocol for AI-powered shopping agents, a consumer economics watchdog sounded the alarm. In a now viral post on X viewed nearly 400,000 times, Lindsay Owens on Sunday wrote, “Big/bad news for consumers. Google is out today with an announcement of how they plan to integrate shopping into…
OpenAI announced it has acquired a tiny startup called Torch for an undisclosed sum. An unnamed sourced told The Information that OpenAI paid $100 million worth of equity for the startup. Torch’s four-person team is joining OpenAI, both companies said. Torch was working on an app that combined all of a person’s medical information for…
CES has always been a robot extravaganza, and this year’s event saw the announcement of a number of important robotics developments, including the new, production-ready debut of Atlas, the humanoid from Boston Dynamics. Then there were all the robots on the showroom floor, where bots often serve as good marketing for the companies involved. If…
A couple of weeks after Merriam-Webster named “slop” as its word of the year, Microsoft CEO Satya Nadella weighed in on what to expect from AI in 2026. In his classic, intellectual style, Nadella wrote on his personal blog that he wants us to stop thinking of AI as “slop” and start thinking of it…
True Ventures co-founder Jon Callaghan doesn’t think we’ll be using smartphones the way we do now in five years — and maybe not at all in 10. For a venture capitalist whose firm has had some big winners over its two decades – from consumer brands like Fitbit, Ring, and Peloton, to enterprise software makers…
Mark Zuckerberg has struck again. Meta Platforms is acquiring Manus, a Singapore-based AI startup that’s become the talk of Silicon Valley since it materialized this spring with a demo video so slick it went instantly viral. The clip showed an AI agent that could do things like screen job candidates, plan vacations, and analyze stock…
It’s been three years since OpenAI released ChatGPT and kicked off a surge in innovation and attention on AI. Since then, optimists have regularly claimed that AI will become a critical part of the enterprise software industry, and so enterprise AI startups mushroomed on the back of immense amounts of investment. But enterprises are still…