Elon Musk Demands Up to $134 Billion from OpenAI in Groundbreaking Lawsuit In a stunning legal twist, Elon Musk has called for damages between $79 billion and $134 billion from OpenAI and Microsoft. Musk alleges that the AI company has strayed from its initial nonprofit mission, a claim first reported by Bloomberg. Expert Witness Weighs ...
Sequoia Capital Partner Faces Fallout Over Unfounded Accusations Sequoia Capital partner Shaun Maguire has stirred controversy once again after pinning blame on a Palestinian student for the tragic mass shooting at Brown University on December 13 and the murder of an MIT professor. This unfounded accusation has ignited backlash, raising significant concerns about his handling ...
iRobot Files for Bankruptcy: The End of an Era for Robotic Vacuum Pioneers iRobot, the company that brought robotic vacuum cleaning into households across the globe, has filed for Chapter 11 bankruptcy after 35 years in operation. Founded in 1990 by MIT roboticist Rodney Brooks and his students Colin Angle and Helen Greiner, iRobot rose ...
Tech Layoffs Continue in 2025: The Human Cost of Automation The ongoing tech layoffs in 2025 are a stark reminder of the shifting landscape in the industry. In 2024, over 150,000 jobs were cut across 549 companies, according to independent tracker Layoffs.fyi. As we move through 2025, more than 22,000 tech workers have already faced ...
CoreWeave Faces Challenges in AI Cloud Market Amid Stock Fluctuations CoreWeave has been navigating a tumultuous year, marking its entry into the market with a highly anticipated IPO in March. However, this launch did not meet expectations, adding to the cloud infrastructure provider’s growing list of complications. Recent Setbacks and Achievements The company faced a ...
FTC Blocks Stalkerware Maker from Re-entering Surveillance Market The U.S. Federal Trade Commission (FTC) has firmly rejected a bid from Scott Zuckerman, the founder of Support King, to lift a ban preventing him from selling stalkerware. This decision comes after a significant data breach in 2018 that compromised the personal data of both customers and ...
Japanese Startup Sakana AI Secures ¥20 Billion to Propel Generative AI Development In a rapidly evolving landscape where tech giants like Google and OpenAI are constantly pushing boundaries, Japanese startups like Sakana AI are making waves by focusing on niche markets. The company recently announced the completion of a ¥20 billion (approximately $135 million) Series ...
