The company announced a new slate of executive hires meant to help turn things around, as Gravity SUV sales are not taking off as expected.
Month: July 2026
Popular TV-tracking app TV Time is shutting down as company focuses on AI
TV Time, the popular TV-tracking app, is shutting down on July 15 as parent company Whip Media pivots toward enterprise AI products.
OpenAI proposed donating 5% of its equity to a US sovereign wealth fund
OpenAI CEO Sam Altman has reportedly proposed giving 5% of the company’s equity to a U.S. sovereign wealth fund, reviving discussions about letting the public share in the financial gains from the AI boom.
Melinda Gates’ venture firm backs Magnify Ventures’ $46.6M Fund II
Early-stage firm Magnify Ventures has raised a $46.6 million Fund II from LPs, including Melinda French Gates’ Pivotal Ventures.
Boeing-owned Wisk Aero accused of firing manager who raised safety concerns
A former software manager claims Wisk rushed software testing ahead of a crucial 2025 flight test.
Anthropic is discussing a new custom chip with Samsung
The news comes about a week after OpenAI announced its own custom AI chip in a partnership with Broadcom.
Travel app Hopper to pay $35M in FTC settlement over ‘unfairly’ charging hidden fees
Hopper will pay $35 million to settle FTC allegations that it used deceptive “dark patterns” to hide fees and mislead travelers about the costs and benefits of services.
Meta quietly launches vibe-coded gaming app Pocket
Meta has quietly launched Pocket, an experimental AI app that lets users generate and share interactive mini games using text prompts.
A warning sign about AI’s real cost, courtesy of Google and Amazon
AI has made it a lot harder for tech companies like Amazon and Google to deliver on their net-zero pledges.
Jersey Mike’s IPO illustrates how bad the AI hype has become
Just for kicks, I took a look at Jersey Mike’s IPO documents. Surely a sandwich shop would have no need to mention AI. But lo and behold.