Startups Weekly: Tech IPOs and deals proceed, but price matters

Welcome to Startups Weekly — your weekly recap of everything you can't miss from the world of startups. Want it in your inbox every Friday? Sign up here. This week confirmed that deals can still happen in a troubled world, but price considerations and adjustments are now part of the picture.

Google’s AI search numbers are growing, and that’s by design

Google started testing AI-summarized results in Google Search, AI Overviews, two years ago, and continues to expand the feature to new regions and languages. By the company’s estimation, it’s been a big success. AI Overviews is now used by more than 1.5 billion users monthly across over

Prince Harry meets, funds youth groups advocating for social media and AI safety

Prince Harry, Duke of Sussex, walked into the sunlit hotel conference room in Brooklyn on Thursday to meet with a dozen youth leaders working in tech safety, policy, and innovation. The young adults chatted away at black circular tables, many unaware of his presence until he plopped down at a tabl

Data breach at Connecticut’s Yale New Haven Health affects over 5 million

A data breach at Connecticut’s largest healthcare system Yale New Haven Health affects more than 5.5 million people, according to a legally required notice with the U.S. government’s health department. Yale New Haven said the March cyberattack allowed malicious hackers to obtain copies

Bezos-backed Slate Auto debuts analog EV pickup truck that is decidedly anti-Tesla

A new American electric vehicle startup called Slate Auto has made its debut, and it’s about as anti-Tesla as it gets. It’s affordable, deeply customizable, and very analog. It has manual windows and it doesn’t come with a main infotainment screen. Heck, it isn’t even paint

Faraday Future founder named co-CEO three years after being sidelined by internal probe

Troubled electric vehicle startup Faraday Future’s board of directors has appointed founder Jia Yueting as the company’s co-CEO, three years after he was sidelined following an internal probe into allegations of fraud — a probe that led to an investigation by the Securities and Ex

Wait, how did a decentralized service like Bluesky go down?

It turns out that decentralized social networks can go down, too. On Thursday evening, the decentralized social network Bluesky experienced a significant outage, leaving users unable to load the app on both the web and mobile devices for roughly an hour. According to a message on Bluesky’s

Anthropic CEO wants to open the black box of AI models by 2027

Anthropic CEO Dario Amodei published an essay Thursday highlighting how little researchers understand about the inner workings of the world’s leading AI models. To address that, Amodei set an ambitious goal for Anthropic to reliably detect most AI model problems by 2027. Amodei ack

OpenAI rolls out a ‘lightweight’ version of its ChatGPT deep research tool

OpenAI is bringing a new “lightweight” version of its ChatGPT deep research tool, which scours the web to compile research reports on a topic, to ChatGPT Plus, Team, and Pro users, the company announced Thursday. The new lightweight deep research, which will also come to free ChatGPT

Perplexity CEO says its browser will track everything users do online to sell ‘hyper personalized’ ads

Perplexity doesn't just want to compete with Google, it apparently wants to be Google.  CEO Aravind Srinivas said this week on the TBPN podcast that one reason Perplexity is building its own browser is to collect data on everything users do outside of its own app. This so it can sell prem

Intel reverses course, opts not to spin out Intel Capital

Semiconductor giant Intel won’t spin out its venture arm, Intel Capital, after all. During Intel’s Q1 earnings call Thursday, Intel CEO Lip-Bu Tan said the company has reversed its decision to spin out its 34-year-old venture arm. Instead, Intel Capital will remain internal and continu

Intel mandates four days in the office

Intel says that it’ll require employees to work from the office four days a week, a shift from the company’s current policy. CEO Lip-Bu Tan made the announcement during Intel’s Q1 2025 earnings call on Thursday. Previously, Intel allowed staff to work from home two days a week,

Public comments to White House on AI policy touch on copyright, tariffs

Individuals, industry groups, and local governments submitted over 10,000 comments to the White House about its work-in-progress national AI policy, also known as the AI Action Plan. The White House Office of Science and Technology Policy (OSTP) on Thursday published the text of the submissions in

Evernote founder’s video startup mmhmm becomes Airtime, launches new products

Evernote founder Phil Libin is ready to liven up your video meetings. The entrepreneur’s video startup, mmhmm, launched in 2020 amid the pandemic, on Thursday unveiled its latest product: a video toolkit for online meetings called Airtime. The suite includes two related tools: a virtual camer