Techmeme Ride Home Tue. 05/06 – OpenAI Backtracks
121 snips
May 6, 2025 OpenAI is sticking to its nonprofit roots while reshaping its business model, raising eyebrows in the tech world. Meanwhile, the food delivery scene is witnessing big mergers, with DoorDash making waves in acquiring Deliveroo. Microsoft has introduced sleek new Surface devices that promise enhanced productivity. Investment is pouring into Europe's defense tech scene, particularly drone startups, driven by escalating tensions. Plus, Shein and Temu are ramping up their advertising efforts in Europe as they adapt to new challenges.
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OpenAI's Nonprofit Control Reversal
- OpenAI reversed its plan to convert fully to for-profit, keeping the nonprofit control to appease civic leaders and state attorneys general.
- This buyback may buy time but doesn't resolve all investment and legal challenges, especially with Microsoft and Elon Musk involved.
OpenAI Acquires Windsurf AI Startup
- OpenAI plans to acquire AI coding startup Windsurf for $3 billion to compete stronger in AI-driven coding tools.
- The deal is not closed yet and might be complicated by OpenAI's ongoing restructure challenges.
DoorDash Food Delivery Expansion
- DoorDash is rapidly consolidating the food delivery market by acquiring Deliveroo and hospitality tech Seven Rooms.
- This expands DoorDash’s global reach to 40+ countries and integrates restaurant reservations alongside delivery services.