OpenAI Buys AI Hardware Startup

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NEWS UPDATES

OpenAI Buys AI Hardware Startup

OpenAI might buy io Products, an AI hardware startup founded by former Apple designer Jony Ive and OpenAI CEO Sam Altman, for around $500 million. The small company is working on AI devices for homes that aim to be "less socially disruptive than the iPhone." OpenAI may partner with them instead of buying them.

→ More details about io Products

AI's New Direction to compute instead of data

DeepSeek's affordable AI model shocked markets, dropping Nvidia's stock 17%. With internet training data now scarce, AI focuses on "test-time compute," where models "think" before answering, potentially changing hardware needs and creating opportunities for specialized applications.

→ More details about DeepSeek

AI Coding Tool Booms

Cursor, an AI coding assistant by Anysphere, now has one million daily users without any marketing. The tool helps programmers write code faster by suggesting next steps and answering questions. With $200 million in yearly revenue, the company is raising more money and expanding its 60-person team to serve more business customers.

→ More details about Cursor

BEST LINKS

Productivity Tools

Useful Resources

• What is MCP (Model Context Protocol)? (link)

• AI is transforming finance, CFOs say. Here's how (link)

• Kesko bets on data and AI to reduce waste and drive growth (link)

• 20+ best GPTs for writing to enhance creativity and productivity (link)

• Microsoft Copilot: The AI assistant redefining AI for everyday use (link)

• Reid Hoffman uses Replit to build LinkedIn clone with one prompt (link)

• How lovable is stealing developers away from cursor and windsurf (link)

• Zendesk uses OpenAI to build adaptive service agents focused on resolutions (link)

• 50 hacks for visual content creation using ChatGPT 4o’s new image generator (link)

• How autonomous agents solve business problems and improve customer experience (link)

P.S. You can still get the Prompting Playbook (free for you)

STRATEGIC AI DECISION

MARKET

💰 Funding

• SchoolAI raised $25M to help teachers and schools with its AI platform.

• Further AI raised $5M to help commercial insurers reduce expense ratios by 50%.

💼 Who’s Hiring in AI

• Strategic Account Executive at Intercom (US)

• Staff Machine Learning Engineer at Reddit (Remote)

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PROMPT TUTORIAL

Developing a Pricing Strategy

Imagine you're launching [product]. Outline three potential pricing models you could adopt, considering market competitiveness, perceived value, and long-term sustainability. How would you balance initial user acquisition with maximizing revenue? Share your rationale behind each pricing strategy and discuss which model you believe would resonate most with your target audience.

Product: [Insert here]