OpenAI invests in Sam Altman’s brain computer interface startup Merge Labs: Merge Labs is a “research lab” dedicated to “bridging biological and artificial intelligence to maximize human ability.” OpenAI wrote the largest check in Merge Labs' $250 million seed round at an $850 million valuation. Read More
The US imposes 25% tariff on Nvidia’s H200 AI chips headed to China: The Trump administration formalized its 25% cut of H200 chip sales in China with a tariff that applies to certain semiconductors. Read More
AI video startup, Higgsfield, founded by ex-Snap exec, lands $1.3B valuation: Higgsfield says it's on a $200 million annual revenue run rate. So it opened its previous Series A round back up and sold another $80 million in shares. Read More
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Kindred talks home-swapping platform for travelers, Chef Robotics introduces AI into commercial kitchens, and Character.AI addresses chatbot safety with teens.