Tech
Jony Ive and Sam Altman
(OpenAI)
AIs Wide Shut

OpenAI says its AI device will be “multimodal” but doesn’t give many more details

Here’s what we know about the Jony Ive and OpenAI device so far.

Rani Molla

In an interview at The Wall Street Journal’s Tech Live conference, OpenAI CFO Sarah Friar was most clear about what she couldn’t say about the company’s forthcoming AI device. She wouldn’t say how the device, which former Apple design lead Jony Ive is helping to develop, would look, how she uses it, or whether or not it would require a phone.

What she did say was that it would be “multimodal.”

“In a multimodal world for AI, what is beautiful about these models is they are as good through text as they are through being able to talk, language, to be able to listen, auditorily, to be able to visually see,” Friar said.

We might be reading too deep, but to us that suggests the device will have a keyboard, speakers, and a screen... much like a phone!

Cellphones, she said, have accustomed us to looking down at our screens and “talking with our thumbs.”

“I’m looking forward to being able to bring something into the world that I think starts to shift that,” Friar said. She added that she believes “it will open the door to technology that is being shut to many, many people,” and cited a visually impaired parent as an example of someone who might have trouble using a smartphone.

To review what’s been reported about the personal assistant AI device so far:

  • It will be “palm-sized” or “roughly the size of a smartphone.”

  • The device will be “always on” so, unlike Amazon’s Alexa, it won’t need a wake word.

  • It’s meant to be a “companion” for everyday life.

  • Users will communicate with the device “through a camera, microphone and speaker.”

  • It will be “fully aware of a user’s surroundings and life, will be unobtrusive, [and] able to rest in one’s pocket or on one’s desk,” The Wall Street Journal reported.

  • Developers are conceiving of it as a third device people will need, in addition to an iPhone and a MacBook Pro, but one that isnt a phone or glasses.

  • It’s meant to wean users off screens.

  • It could include headphones or cameras.

  • OpenAI plans to ship 100 million of these devices “faster than any company has ever shipped 100 million of something new before.”

  • The release date is expected to be by late 2026.

  • It’s not going to kill the iPhone... yet. “In the same way that the smartphone didn’t make the laptop go away, I don’t think our first thing is going to make the smartphone go away,” OpenAI CEO Sam Altman told Bloomberg. “It is a totally new kind of thing.”

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Jon Keegan

Judge blocks Pentagon’s move to blacklist Anthropic

A federal judge in Northern California has granted a preliminary injunction blocking the Pentagon from labeling Anthropic as a national security supply chain risk.

The ruling temporarily prevents the Defense Department from restricting the AI company’s access to federal contracts amid a dispute over its refusal to allow certain military and surveillance uses of its technology. The designation could also have shifted lucrative government work toward competitors, including OpenAI.

Earlier this month, Anthropic, the company behind Claude, sued 17 federal agencies and their heads, alleging the government exceeded its statutory authority.

tech
Rani Molla

Report: SpaceX’s record IPO may grant preferential access to retail investors and Tesla shareholders

SpaceX’s impending IPO could raise $40 billion to $80 billion and rank as the largest ever — as well as one of the most unconventional.

The Wall Street Journal reports several ways CEO Elon Musk is considering breaking with IPO norms:

  • Investors in his other companies, including Tesla, could receive preferential access to shares.

  • Individual investors may get a third or more of the allocation, far above the typical ~10% mark.

  • Instead of a traditional road show, Musk wants investors to visit SpaceX facilities in person.

  • Investors in his other companies, including Tesla, could receive preferential access to shares.

  • Individual investors may get a third or more of the allocation, far above the typical ~10% mark.

  • Instead of a traditional road show, Musk wants investors to visit SpaceX facilities in person.

tech
Rani Molla

Tesla released estimates for Q1 deliveries and they’re lower than analysts expected

Ahead of first-quarter earnings next month, Tesla released its own company-compiled Wall Street consensus estimate for deliveries: 365,645 vehicles. While that’s lower than the 382,000 FactSet consensus estimate, it represents a nearly 9% jump from Q1 2025, when Tesla sold 336,681 vehicles.

Tesla started releasing its own consensus estimates to the public — not just institutional investors — for the first time in Q4 2025. The move was seen as a way to temper investor expectations, as other estimates were too high. Last quarter, Tesla’s compilation was closer to actual numbers, which fell 16% year over year.

The market-implied odds from event contracts suggest 64% of traders think Tesla’s Q1 deliveries will be more than 350,000, 44% think it will be higher than 360,000, and just 21% have it at higher than 370,000.

(Event contracts are offered through Robinhood Derivatives, LLC — probabilities referenced or sourced from KalshiEx LLC or ForecastEx LLC.)

ARC-AGI-3

The toughest AI benchmark just got a whole lot tougher

ARC-AGI-3 is the latest version of a clever benchmark that challenges AI models to solve mini video games with no written instructions.

Jon Keegan3/26/26

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Sherwood Media, LLC produces fresh and unique perspectives on topical financial news and is a fully owned subsidiary of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate, including Robinhood Markets, Inc., Robinhood Financial LLC, Robinhood Securities, LLC, Robinhood Crypto, LLC, Robinhood Derivatives, LLC, or Robinhood Money, LLC. Futures and event contracts are offered through Robinhood Derivatives, LLC.