GIBBI, Today
In this newsletter I write the 5 most important news that I read in the day about businesses, media and sports in México and in the World.
Stories:
Nothing raises $200 Million
OpenAI hires former xAI CFO
Figures reaches $39 Billion valuation in the latest funding round
Trump’s TikTok deal will give control to a group of US Investors
Google to invest £5 billion in UK AI as Trump heads for state visit
Nothing raises $200 Million (The Verge)
London-based consumer tech startup Nothing has raised $200 million and vowed to usher in a new generation of “AI-native” devices running on operating systems that “are significantly different from the ones today”
Pei (Founder & CEO) said the company is “building the foundations for the future” on a focused “AI OS” to deliver a “hyper-personalized experience.” However, it’s unclear if Nothing’s operating system ambitions are built on top of Android like Nothing OS
This “AI-native platform” will run hardware in widespread use today like smartphones, headphones, and smart watches, Pei said, as well as other devices like smart glasses, electric vehicles, and humanoid robots. He confidently predicts Nothing’s new OS will run “whatever comes next,” too
GIBBI View: This plan sounds amazing and very “aggresive” but to be honest I doubt that Nothing or another tech company could achieve to create an AI OS in minimum five years; I have written several business ideas here in my blog where I want to create and develop them, where one goal is to create an Smartphone (with my own OS) that can compete against Samsung and Apple, and in the same I want to create a SuperApp inside them can be integrated from several apps (GIBBI Carsharing, GIBBI Speak, GIBBI Radio, GIBBI Media Company, others), and in the same time this SuperApp can be integrated in my GIBBI Phones
OpenAI hires former xAI CFO (CNBC)
OpenAI has hired Mike Liberatore, former finance chief at Elon Musk’s xAI, to be the artificial intelligence startup’s business finance officer, responsible for overseeing its massive infrastructure spending
Liberatore, who left xAI in July after just three months on the job, begins Tuesday, a company spokesperson told CNBC. He will report to CFO Sarah Friar and work with Greg Brockman’s team, which manages the contracts and capital behind OpenAI’s compute strategy
Liberatore previously spent almost nine years at Airbnb, and before that worked in senior finance roles at SquareTrade, eBay and PayPal
GIBBI View: Remember that Musk and Sama has a feud because both were co-founders of OpenAI, but because Sama took the control of the company Musk disagreed about that because he wanted to have the control, so basically this is a ego fight between billionaires
Figures reaches $39 Billion valuation in the latest funding round (TechCrunch)
Humanoid robotics company Figure raised its largest round of funding yet, a sign of growing investor interest in robots designed to work alongside humans in warehouses, factories, and other settings
The company, based in San Jose, California, announced on Tuesday that it raised a Series C funding round that values it at $39 billion. The round, which “exceeded $1 billion,” said Figure, was led by Parkway Venture Capital with participation from Brookfield Asset Management, Nvidia, and Intel Capital, among others
Figure said the funding will be used to scale the company’s fleet of humanoid robots, build the necessary infrastructure to accelerate robot training, and launch advanced data collection efforts
GIBBI View: I think that in 5+ years from now the humanoid robotics will be part of our life and they’ll do the basic activities (cook, do the chores, drive, etc), because I think that the AI is advacing so fast that it’s going to make that humans can focus in another important things and will delegate the basic activities to robots, so if this happens the humanity will advance a lot in the next 50 years
Trump’s TikTok deal will give control to a group of US Investors (Engadget)
TikTok's US business will be owned primarily by a group of US investors, which will have a "roughly" 80 percent stake in the entity. The group includes longtime TikTok partner Oracle, as well as Silicon Valley VC firm Andreesen Horowitz and the private equity firm Silver Lake
Chinese shareholders will have a minority stake that keeps their ownership under the 20 percent threshold required by law. The US government will also reportedly get to choose one board member for the "American-dominated" body
Now, The Wall Street Journal reports that "TikTok engineers will re-create" the app's algorithm for a brand new TikTok app using technology licensed from ByteDance. The company is reportedly testing the new app. Oracle will oversee US user data for the operation
GIBBI View: Yesterday I wrote here that U.S. and China might finally have tiktok deal, where the third deadline that Trump imposed in july (the first was in january and the second in april) is going to end today so the most probably Trump is going to extend a fourth deadline today to close the tiktok deal
Google to invest £5 billion in UK AI as Trump heads for state visit (CNBC)
Google owner Alphabet on Tuesday announced a £5 billion ($6.8 billion) investment in the U.K.’s artificial intelligence development, just as the country prepares for U.S. President Donald Trump’s state visit this week
The U.S. president is scheduled to arrive in Britain on Tuesday evening, before the pomp and pageantry gets underway on Wednesday. His visit is expected to coincide with a flurry of business deals
The £5 billion investment is projected to create 8,250 jobs annually at U.K. businesses, Google said. U.K. Finance Minister Rachel Reeves described Google’s announcement as “a powerful vote of confidence in the UK economy and the strength of our partnership with the US”
GIBBI View: Two week ago I wrote here that EU fined Google with $3.5 billion over adtech “abuse”, but this was a “weak” punish because EU is fearing that Trump could take retaliation and increase the tariffs to EU countries

