💸 OpenAI lost nearly $39 billion last year

📉 Meta CTO says staff morale near all-time low

🛍️ Pinterest launches AI shopping app 'Ask Pinterest'

🔊 Google launches $100 Gemini-powered Home speaker

🤖 Seres unveils its first humanoid robot Xiaosai

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Leaked audited documents show OpenAI's revenue more than tripled to $13.07 billion in 2025, yet expenses swallowed it whole. The company posted a $20.92 billion operating loss and a net loss of nearly $39 billion.

Research and development alone hit $19.18 billion, including $10.59 billion paid to Microsoft. A one-time accounting charge tied to OpenAI's for-profit conversion inflated the headline loss; strip it out and the figure drops to roughly $8 billion.

OpenAI tells investors it will turn profitable by 2030, but it just killed Sora and is cutting "side quests." Of its 900 million weekly users, only about 50 million actually pay.

Meta CTO Andrew "Boz" Bosworth told staff on a June 2 internal call that morale ranks among the worst in 20 years, rivaling the 2018 Cambridge Analytica scandal, after months of layoffs and AI upheaval.

May's layoffs cut about 8,000 workers, roughly 10% of staff, while a March reshuffle swept 6,500 employees into a new Applied AI unit that many never asked to join.

Bosworth now pledges bigger budgets for travel, events, and snacks. Extra granola bars face a tough job, since the layoffs landed weeks after Meta booked a $26.8 billion quarter.

Pinterest launched an experimental standalone app, Ask Pinterest, letting US users shop through a conversational chatbot instead of keyword search. It taps the company's Taste Graph, the internal map linking people to their interests and aesthetics.

The app handles multi-step requests a normal search can't, like planning a dinner party or furnishing a room over time, and remembers context across sessions. Pinterest also rolled out MCP and new AI ad tools ahead of Cannes Lions.

Pinterest is keeping its data in-house rather than licensing it to rival AI shopping agents from Google, OpenAI, and Meta. Building a separate app also lets it test ideas without breaking the main experience 500 million people already use.

Google opened pre-orders for its new $100 Home speaker, shipping June 25. It delivers 360-degree audio in a compact, recycled-fabric body, comes in four colors, and pairs with a second unit or Google's TV Streamer for stereo.

Gemini replaces the old Google Assistant as the built-in helper, handling multi-step commands like dimming lights and setting a timer in one breath. It also remembers context longer, so you stop repeating yourself and saying "Hey Google" constantly.

The good stuff sits behind Google Home Premium at $10 or $20 a month. You get a six-month trial, but after that the speaker that talks naturally needs a subscription to keep talking naturally.

Chinese automaker Seres revealed Xiaosai, its first humanoid robot, built for visual recognition, autonomous greeting, and voice interaction. Executive Kang Bo says several more embodied-intelligence robots will debut later this year as Seres expands past electric vehicles.

Xiaosai joins a factory that already runs over 3,000 industrial robots and 1,600 coordinated smart devices, including bots that inspect chassis and finished-vehicle exteriors. Seres also signed a robotics deal with ByteDance unit Volcengine back in 2024.

Nearly every Chinese automaker is chasing humanoids now. Xpeng's CEO just named himself robotics boss, BYD wants to sell robots through dealers, and Chery-backed Aimoga already retails one for about $42,260.

A) Yes - 67% 🏆

B) No - 33%