Weekly News #3 | Updates Worth Your Attention đź‘€

$2 Billion Investment and a Possible U.S. Stake
After major layoffs, struggles with cash flow and not being able to keep up with rivals like TSMC, Intel just received a $2 billion boost from SoftBank, sending its shares up 5%.
Meanwhile, after recently suggeting CEO Lip-Bu Tan’s resignation, Trump is now reportedly considering making the U.S. government an investor in the company.


Altman is reportedly planning to co-found a new startup called Merge Labs, building brain to computer interfaces—aka a direct rival to Neuralink.
Also, on top of admitting GPT-5 was a flop, he somehow mentioned that the current flood of investments in AI might be forming an “AI Bubble.”

Our first merch drop “Create online, live offline” is now available. Limited edition, exclusively at tio-space. Don’t forget to drop by if you’re around.
tio
8/20/2025
