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OpenAI Acquires io for $6.4 Billion || Tech Field Day News Rundown: May ...

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  • OpenAI Acquires io for $6.4 Billion |...

    OpenAI has announced its largest acquisition to date, agreeing to acquire io, an AI device startup founded by former Apple executive Jony Ive, in an all-equity deal worth approximately $6.5 billion. The acquisition includes OpenAI’s existing stake in io. As part of the merger, Jony Ive will assum...

  • US Signs Take It Down Act || The Tech...

    The US government signed a new act into law that has opponents concerned about the ramifications of what it will be used to do. The Take It Down Act was proposed to allow for the rapid takedown of non-consensual intimate images, or NCII, from the Internet. The law requires social media platforms ...

  • Futurum Group Foresees Cybersecurity ...

    Last week saw the release of a big new report from the Futurum Group around cybersecurity. The research says that the market is going to grow by 11.6% per year for the rest of the decade. By then it should be worth almost $300 billion. Fernando Montenegro states that cybersecurity is a cornerston...