Swipeline

Meta has appointed former White House official Dina Powell and Stripe CEO Patrick Collison to its board of directors. In December 2024, the company donated $1 million to Trump’s inauguration fund and recently named Republican Joel Kaplan as its head of global affairs.

The United States has exempted imported smartphones, computers and some other electronic products from the higher tariffs imposed on China. The Commerce Department described the move as a small step to correct US tariff mismanagement.

OpenAI may soon mandate identity verification for enterprise users seeking access to some of its most advanced AI models. With this potential new system, the AI giant aims to mitigate security risks linked to the use of its powerful technologies.

Ilya Sutskever, one of the co-founders of OpenAI, has secured a $2 billion funding for his AI startup launched last year. The California-based startup, now valued at $32 billion, is focused on developing safe AI systems independent of commercial pressures.

OpenAI is making a significant change to its ChatGPT platform by retiring the GPT-4 model as of April 30. It will be replaced by the more advanced GPT-4o model. The AI giant announced that the GPT-4 model will remain accessible through the API.

One of the leading names in visual communication, Canva unveiled its new product suite called Visual Suite 2.0 at the Canva Create event held in Los Angeles. With 230 million active users already on the platform, Canva is ushering in a new era with AI-powered design tools.

Demis Hassabis, CEO of Google DeepMind, announced on the Possible podcast hosted by LinkedIn co-founder Reid Hoffman that the tech giant is preparing to integrate its AI video creation model, Veo, into its flagship Gemini model.

Former OpenAI CTO Mira Murati's AI startup Thinking Machines Lab is set to raise $2 billion in funding. The round, which will be among the largest seed investments in history if it goes as targeted, would value the startup at $10 billion.

A year after merging its platforms and devices teams, Google has laid off hundreds of employees working on Android software, Pixel phones, and the Chrome browser. Google’s spokesperson said the move was made to streamline the company’s structure and improve efficiency. 

DIG Ventures has created a new $100 million fund to focus on early-stage European startups. With the fund, the London-based VC will invest in startups developing B2B SaaS, AI, and cloud infrastructure technologies.