Tuesday 06 May 2025 | Join Free | Upgrade

Together with Sponsor

Hi there, this is your daily ☕️ Techpresso.

In today's Techpresso:

🔄 OpenAI ditches plan to become for-profit company

🚘 Waymo ramps up robotaxi production

🎨 Google just leaked Android’s new design language

👀 Fiverr CEO warns staff: 'AI is coming for your jobs, including mine!'

💻 OpenAI to acquire startup Windsurf for $3 billion

🎁 + 8 other news you might like

🔮 + 6 handpicked research papers and tools

FROM OUR PARTNER


Big Tech Has Spent Billions Acquiring AI Smart Home Startups

When innovative companies successfully integrate AI into everyday products, tech giants pay billions to acquire them.

Google paid $3.2B for Nest. 

Amazon spent $1.2B on Ring. 

A new AI-powered smart home company is following their exact path to acquisition—but is still available to everyday investors at just $1.90/share.

Over 10 patents, 200% year-over-year growth, and a forecast to 5x revenue this year — this company is moving fast to seize the smart home opportunity.

The acquisition pattern is predictable. The opportunity to get in before it happens is not. Only 7 days LEFT before their next share price change. 

Invest Now
🔄 OpenAI ditches plan to become for-profit company LINK
  • OpenAI has abandoned its intention to become a for-profit business, ensuring its nonprofit parent organization will maintain control over the artificial intelligence developer.
  • CEO Sam Altman explained this choice followed input from civic leaders and legal authorities, with the commercial segment now becoming a public benefit corporation.
  • This structural adjustment addresses a key concern of co-founder Elon Musk, who had initiated legal action against the company’s previous for-profit aspirations.
🚘 Waymo ramps up robotaxi production LINK
  • Waymo is boosting its robotaxi manufacturing, planning to add over 2,000 more self-driving I-PACE vehicles to its operational fleet by the end of next year.
  • The company collaborates with Magna to incorporate its autonomous driving system into Jaguar I-PACE models at their joint production facility located in Mesa, Arizona.
  • Currently, the organization's 1,500 driverless cars provide over 250,000 paid trips weekly, with ambitions to launch services in several new cities within the next year.
🎨 Google just leaked Android’s new design language LINK
  • Google plans to introduce a new Android design system, "Material Design 3 Expressive," at its forthcoming I/O developer conference, as indicated by a leaked blog post and event schedule.
  • The updated visual framework will emphasize creating user interfaces that foster an emotional connection, utilizing prominent shapes and vibrant colors to enhance the user experience.
  • This next iteration of Google's design philosophy aims to improve how easily apps can be operated and make them more accessible, particularly for older users, by highlighting key interactive elements.
👀 Fiverr CEO warns staff: 'AI is coming for your jobs, including mine!' LINK
  • Fiverr CEO Micha Kaufman informed his staff that artificial intelligence is poised to disrupt numerous jobs across industries, including his own executive role, in a widely circulated internal email.
  • He stressed this development is a global transformation affecting every company, identifying professions like programmers, designers, and customer support as particularly vulnerable to automation's accelerating impact.
  • Kaufman encouraged employees to embrace AI tools, learn new competencies, and revise productivity definitions, suggesting traditional search is becoming obsolete without prompt engineering skills.
💻 OpenAI to acquire startup Windsurf for $3 billion LINK
  • OpenAI plans to buy the artificial intelligence firm Windsurf for around $3 billion, a strategic step to enhance its offerings for software developers amid growing competition.
  • This prospective transaction would be OpenAI's largest ever, involving the creators of an AI tool that translates plain language prompts into usable computer programming scripts.
  • The deal reflects the rising importance of AI coding assistants, where established tools like GitHub Copilot and Claude Code are notable players in this expanding tech sector.

FROM OUR PARTNER

Worried about a market correction? Private credit could offer stability.

While public markets stay volatile, private credit has historically provided steadier returns and lower correlation to equities. On Percent, accredited investors earned an average net return of 14.9% in 2024.

With shorter terms, monthly interest, and a $500 minimum, private credit can help diversify and stabilize your portfolio during uncertain times.

Sign up with Percent and get up to $500 on your first investment

Other news & articles you might like

  • Microsoft launches lower-priced AI laptops with Qualcomm chips LINK
  • DoorDash to buy UK’s Deliveroo for $3.86B LINK
  • Hundreds of e-commerce sites hacked in supply-chain attack LINK
  • Man pleads guilty to using malicious AI software to hack Disney employee LINK
  • Perplexity AI's Comet browser will streak across the web this month LINK
  • Amazon now has a ‘Get book’ button in its iOS Kindle app LINK
  • Bay Area biotech company Unity lays off every single worker, including CEO LINK
  • A stealth AI model beat DALL-E and Midjourney on a popular benchmark. Its creator just landed $30M. LINK

Latest research and tools

Real-time AI Voice Chat: allows users to have spoken conversations with an AI and receive audible responses in near real-time. LINK
Analyzing Modern Nvidia GPU Cores: contemporary Nvidia GPU cores are built with multiple processing units to achieve faster graphics and computation. LINK
Tkintergalactic: a declarative Tcl/Tk UI library for Python offering a React-like way to build interfaces, mapping closely to Tcl/Tk for easier debugging, but is currently incomplete. LINK
Nnd: a TUI debugger alternative to GDB and LLDB for native code, prioritizing speed and performance with large executables. LINK
Outpost: an open-source tool that helps developers send events from their platforms to different destinations like webhooks, cloud services, and message queues, offering features like retries and a user portal for management. LINK
Why it is (nearly) impossible that we live in a simulation: this paper likely argues that the immense computational resources required to simulate our universe in its full complexity make such a scenario highly improbable. LINK

Want to get the latest news differently?

Not subscribed to ☕️ Techpresso yet? Subscribe for free