Wednesday, February 19, 2025

A call to a new arms race

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Tech Across the Globe

Another AI startup: OpenAI alumni led by Mira Murati, the former chief technology officer, have launched a new artificial intelligence startup. John Schulman, an OpenAI co-founder, will be the chief scientist at the company, called Thinking Machines Lab.

Potential game deal: Niantic, the maker of Pokemon Go, is in talks to sell its video-game business to Saudi-controlled Scopely for about $3.5 billion. The deal, if it happens, would include the Pokemon title and other mobile games.

Greater scrutiny:  Meta's messaging service WhatsApp hit a user threshold that puts it under more stringent oversight from the EU's Digital Services Act.

Revalued

AI startup Humane, the maker of the wearable Ai Pin, sold most of its assets to HP Inc. for $116 million. Humane, which stopped sales of the device and is cutting off consumer access to data at the end of the month, sought a buyer last year at a price of as much as $1 billion.

Must read

In today's Tech In Depth, Lizette Chapman writes about a new book from Palantir Technologies Inc. Chief Executive Officer Alex Karp, Technological Republic: Hard Power, Soft Belief, and the Future of the West. Karp warns that the US is losing its military edge and urges Silicon Valley to reengage with the government to help the country harness its technological power. It's a message Karp has delivered for years as his company has become a leading defense contractor. For more Bloomberg coverage of the technology industry, subscribe here.

This week in Power On

Mark Gurman writes in this week's Power On about the emerging competition between Apple and Meta in what many consider the stuff of science fiction: the development of AI-powered humanoid robots. For more of Mark's coverage of Apple, subscribe here.

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