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Sources: ByteDance plans to spend about $14B on Nvidia's AI chips in 2026, an increase of about 18% from 2025 (Wency Chen/South China Morning Post)

Wency Chen / South China Morning Post : Sources: ByteDance plans to spend about $14B on Nvidia's AI chips in 2026, an increase of abo...

21 May 2025

OpenAI is buying io, Jony Ive's secretive AI startup, for ~$6.5B in stock; Ive and LoveFrom will remain independent but take over design for all of OpenAI (Bloomberg)

Bloomberg:
OpenAI is buying io, Jony Ive's secretive AI startup, for ~$6.5B in stock; Ive and LoveFrom will remain independent but take over design for all of OpenAI  —  OpenAI will acquire the AI device startup co-founded by Apple Inc. veteran Jony Ive in a nearly $6.5 billion all-stock deal …

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