OpenAI completes its for-profit recapitalization

OpenAI announced on Tuesday that it has completed its recapitalization. This process restructured the AI lab into a for-profit corporation operating inside its original non-profit foundation. This change concludes a complex legal journey that was strongly opposed by its estranged…

Apple and Microsoft are now both worth more than $4T

Apple and Microsoft are now both worth more than four trillion dollars each. This is the first time Apple’s market capitalization has crossed the four trillion dollar mark, making it the third company to ever reach this milestone, after Nvidia…

Amazon to cut 14,000 corporate jobs

Amazon announced on Tuesday that it plans to reduce its corporate workforce by 14,000 jobs. The company stated this move is aimed at reducing bureaucracy, removing organizational layers, and investing more heavily in its artificial intelligence strategy. This is the…

TechCrunch Disrupt 2025: Day 2

Welcome to day two of TechCrunch Disrupt 2025. San Francisco’s Moscone West is once again filled with a full schedule of speakers, workshops, networking, and afterparties. If you have not yet registered, you can still get a ticket for fifty…

Adobe launches AI assistants for Express and Photoshop

Adobe has released new AI assistants for its Creative Cloud products, Express and Photoshop, designed to assist users with image creation and editing. While many companies integrate AI assistants into a sidebar to utilize on-screen context, Adobe has developed a…