tech

'Chasing vibes'

Over 10 months after shelling out an eye-popping $6.4 billion for Jony Ive's nascent devices startup, OpenAI announced it's buying media company TBPN.

'Chasing vibes'

TL;DR

  • OpenAI acquired TBPN, a media company that produces a daily tech talk show.
  • This acquisition follows OpenAI's $6.4 billion purchase of Jony Ive's devices startup.
  • OpenAI's M&A strategy is seen as scattered, with other recent acquisitions including health-tech startup Torch.
  • The rationale for the TBPN acquisition is unclear, with analysts divided on its strategic value.
  • OpenAI is facing increasing competition from rivals like Google, Anthropic, and xAI.
  • The company is preparing for a potential IPO and has been reining in spending expectations.

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