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Mobileye founder and CEO Amnon Shashua plans to step down from the top leadership post after nearly three decades, just as the company pushes into robotaxis and humanoid robots. Shashua will remain CEO until Mobileye hires a replacement, according to a regulatory filing Thursday. Mobileye got its start making computer vision chips based on Shashua’s academic research at Hebrew University in Israel, and grew into a major supplier of the chips that power automotive safety and driver-assistance features. It had the largest IPO in Israel’s history, was acquired in 2017 by Intel for $15.3 billion, then spun back out as…
A version of this story was originally published in AI, Tech & Money, a free, weekly newsletter packed with news and exclusive analysis on all things tech, platforms, and deals in advertising and media. Sign up for it here.You’re reading AI, Tech & Money.If you, like me, are having a bit of World Cup hangover, you may not be able to relive that glorious Ferran Torres 106th-minute banger of a goal, but we’ve got the second-best thing: a comprehensive ranking of all of the World Cup ads, assessed according to impact by TV measurement firm EDO.
Patreon is laying off 20% of its workforce, or 93 people, CEO Jack Conte told employees on Thursday. In a memo to staff that was shared online by the company, Conte said Patreon’s core business is strong but that the platform has to respond to market changes and adjust its cost structure to remain stable, which is why it needs to make the “painful” but necessary cuts. Conte wrote that “AI has fundamentally transformed the tech industry,” and that the pace of change has “never been more intense.” However, Conte went on to note that Patreon isn’t making the cuts…
Morris: One child was from a family that was uninsured because they didn’t feel that they would need to use the medical system. They were faced with the high burden of cost of our health care system. The cost was playing into the parents’ decision on whether or not their child should receive necessary medical care. I said something like: “Please don’t go home. Your child needs oxygen. She has pneumonia. We will figure out a way to pay for this, because we acknowledge what we do is expensive.”On top of that, the parent had several other children in the…
Independent agency BarkleyOKRP has named Brandon Cooke its next global chief marketing and growth officer, the agency told ADWEEK. The former FCB CMO succeeds Jason Parks, who was in the role for nearly three decades before announcing his retirement.Cooke’s role is firmly centered around helping clients, with the head of client experience reporting directly to him, CEO Katy Hornaday told ADWEEK. She said Cooke will have a full view to chart “thoughtful” growth for the agency.Cooke joins BarkleyOKRP’s integrated leadership team, meaning that in addition to overseeing client growth, he will also look for growth opportunities for the tech platforms the…
Chipmaker AMD is taking aim at competitor Nvidia with its latest hardware release: a rack-scale system designed to power computing needs of the world’s largest AI labs. At the company’s sold-out Advancing AI conference in San Francisco on Thursday, AMD Chair and CEO Dr. Lisa Su promoted the new AI rack system known as Helios — along with its growing list of customers, including Microsoft — as the company prepares to ship it later this year. Su also pitched the company’s newest chips that are designed to feed the compute-hungry dragon that is the AI industry. Rack systems combine many…
Gu and the company aren’t ready to share specific details about what the iKairos will be capable of. In its press release, Lingverse says the iKairos will “continuously observe both you and your surroundings” and “begin to act as a personal AI guardian,” but did not clarify how that would function.iKairos works as both a wearable and a mounted home device, so it can collect data from the wearer’s perspective and from a stationary position. Put the device on the mount, and it will watch you and gather data about how you interact in the world. Having the option of…
The numbers€724 million ($824 million) — Havas’ Q2 2026 net revenue, a 3.8% increase year over year (YoY).2.5% — Q2 organic growth, which remained flat from Q1 2026. €1.42 billion ($1.62 billion) — Revenue for the first half of 2026.€1.36 billion ($1.55 billion) — Net revenue for the first half of 2026, a 1.2% increase YoY2% to 3% — Forecasted organic revenue growth for the remainder of 2026.6.4% — Organic net revenue growth for North America in Q2.6.9% — Organic net revenue growth for North America for the first half of 2026.
Insurance tech, data room software, and coffee-shop startup Corgi is reportedly raising yet another round that closely follows its last raise and would double its valuation, sources have told Forbes. The round is said to be a second extension of its Series B round and has already closed. Corgi announced its last round, the B1 round of $106 million at a $2.6 billion valuation at the end of May, just around eight weeks ago. In the AI-funding frenzy, many startups are raising back-to-back rounds at ever-increasing valuations — but even by those standards, Corgi stands out. The Y Combinator alum…
Madison Square Garden owner James Dolan has insisted that the face-recognition system and array of surveillance cameras deployed at his venues is “very, very useful for security”—a big reason why MSG “is the most secure venue in the country.”On the night of July 2, security in and around the Garden was particularly intense. Roughly 130 cops were deployed to the area. New York City officials were preparing to shut down the surrounding blocks to both vehicles and pedestrians the next day for a major, major event.July 2 was, of course, the kickoff to Taylor Swift and Travis Kelce’s wedding celebration,…
America is celebrating its 250th anniversary this year. Between the speeches about 1776, the stubborn fight for independence, and building a new nation, we must recognize the vital role inclusion played then and still plays today. Before we were the United States, we were 13 colonies with different dialects, agriculture, economic, and social norms. They decided to come together, combining their differences as an asset to push out a tyrannical monarchy in favor of representative democracy. Then as now, this nation’s greatness belongs to its diverse population—the very audience media budgets are supposed to capture.Yet the corporate pledges of 2020 have…
Weeks after OpenAI rolled out a new family of conversational models and updated ChatGPT’s voice mode, rival Anthropic is making its move to make Claude more voice-friendly with a new update. The company said Thursday that users can choose between Opus, Sonnet, and Haiku models. Claude’s voice mode, which was released last year and powered by the Haiku model, provided quick responses, but wasn’t well suited for complex work. The company said that with the new update, voice mode picks the last model people used in the text chat and uses its fastest version by default. Anthropic said that the…
On Thursday morning, Meta published an ad to its official Instagram account with the message that artificial intelligence will not “make us less connected” or “leave us behind.” It was set to the 1972 David Bowie track “Five Years,” which is about, among other things, the end of the world.“Call us optimists, call us dreamers, call us whatever the hell you want — but we’re betting on people, and we like those odds,” the narrator says, as a toddler plays with a butterfly, two parents laugh with their infant, and Jalen Brunson waves at the Knicks Championship Parade. (The ad…
How do you maintain brand momentum when tariffs spike, supply chains collapse, and private equity demands quick returns?In this episode of Adspeak by ADWEEK, Audrey Kemp sits down with John Solomon, longtime CMO of Therabody and now CMO of Mozilla, to explore how bold marketing decisions can drive growth during periods of uncertainty. Drawing on his previous experience leading marketing at Therabody, John shares why brands shouldn’t automatically cut marketing spend during economic pressure and how strategic investments can create long-term momentum. He explains the shift from thinking about brand vs. performance marketing to demand creation vs. demand capture, offering a framework…
The U.S. government is warning that Iranian state-backed hackers are actively breaking in and disrupting industrial control systems at American water and energy providers. This new alert comes months after federal agencies warned of an escalation in hacking from Iranian actors amid the ongoing war. In an advisory updated Wednesday, the FBI, the NSA, the Department of Energy, and CISA said Iranian hackers were targeting programmable logic controllers on internet-connected operational networks, allowing them to manipulate data on their displays, causing outages and disruption. The Iranian hackers were initially discovered earlier this year to be targeting controllers made by Rockwell,…
The European Commission has levied a $1 billion penalty against Google over alleged competition law violations.An EC investigation found that Google had abused its dominance in the European Union’s search and app store markets to funnel people toward its own apps and services, in violation of the EU’s Digital Markets Act.The body has ordered Google to refrain from giving preferential treatment to its own services—such as shopping, accommodations, transport, and flights—in search rankings. Google must also allow app developers to communicate and transact with users outside the Play Store, where it takes a commission on sales.“The best products should succeed…