Ford EV and tech chief leaving automaker

Ford EV and tech chief leaving automaker

Doug Field, the high-profile executive who shaped Ford’s electric vehicle (EV) and technology strategies over the past five years, is leaving the automaker. Field’s departure was announced Wednesday as part of a broader reorganization of the company’s leadership. Field joined Ford in 2021 with a robust resume from Silicon Valley that included leading Apple’s special…

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After sale of its shoe business, Allbirds pivots to AI

After sale of its shoe business, Allbirds pivots to AI

After selling its shoe brand and assets last month for $39 million, Allbirds is pivoting to AI. Of course, the company is also changing its name, since the footwear brand “Allbirds” was part of the sale. Introducing: NewBird AI, a “fully integrated GPU-as-a-Service and AI-native cloud solutions provider,” the company announced via its investor relations…

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OpenAI has bought AI personal finance startup Hiro

OpenAI has bought AI personal finance startup Hiro

OpenAI has acquired personal finance startup Hiro Finance, founder Ethan Bloch announced on Monday and OpenAI confirmed to TechCrunch. The startup was backed by A-list fintech VC firm Ribbit, as well as General Catalyst and Restive. Terms of the acquisition were not disclosed, nor did Hiro ever disclose how much money it raised. Since Hiro…

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