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.

TechCrunch →  | Reuters â†’ 

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 â€śCreate online, live offline” is now available. Limited edition, exclusively at tio-space. Don’t forget to drop by if you’re around.

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8/20/2025

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