Tech World Sees Shifts in AI, Wellness, and Industry Events
The tech landscape is experiencing significant shifts, with new developments in AI, wellness technology, and concerns impacting international participation in industry events. Several companies are making headlines with advancements in their respective fields, while anxieties over safety and immigration are causing some to reconsider attending a major industry conference.
Ricursive Intelligence, an AI chip startup, recently raised $300 million at a $4 billion valuation, just two months after its formal launch with seed funding, according to a press release. The company, founded by former Google researchers Anna Goldie and Azalia Mirhoseini, is developing an AI system designed to automatically improve AI chips. Ricursive claims its system will be able to create its own silicon substrate layer and speed up AI chip improvements, with the ultimate goal of achieving Artificial General Intelligence (AGI).
In other AI news, SpotDraft, a company focused on on-device contract AI, secured $8 million from Qualcomm Ventures in a Series B extension. This investment values SpotDraft at approximately $380 million, nearly double its $190 million post-money valuation from February of last year, the startup told TechCrunch. The company aims to scale its technology for regulated legal workflows, addressing the growing demand for privacy-first enterprise AI that can operate without sending sensitive data to the cloud. Industry research indicates that privacy, security, and data governance concerns are slowing the adoption of generative AI for sensitive workflows, especially in the legal sector.
Meanwhile, Meta announced plans to test premium subscriptions on Instagram, Facebook, and WhatsApp, offering users access to exclusive features. According to Meta, these subscriptions will unlock more productivity and creativity, along with expanded AI capabilities. The company stated it will test a variety of subscription features and bundles, with each app subscription having a distinct set of exclusive features, while keeping the core experiences free. Meta also plans to scale Manus, an AI agent it recently acquired for a reported $2 billion.
Beyond AI, South Korea-based Edenlux is preparing to launch its eye-strain wellness device in the U.S. The company has developed technology to address eye and ear health issues caused by screen-heavy digital lifestyles. "People around the world now spend hours a day on their smartphones," TechCrunch reported, noting that average daily smartphone use exceeds three hours, and for many adults, total screen time climbs to six hours or more. This constant close-up screen exposure has been linked to eye-health issues, including dry and irritated eyes, eye fatigue, blurred vision, headaches, and the worsening of nearsightedness.
However, not all news is positive. The 2026 Game Developers Conference (GDC) is facing potential challenges as some international attendees are considering skipping the event due to safety concerns and an increased presence of Immigration and Customs Enforcement (ICE). Developers, past GDC attendees, and other industry professionals have voiced their concerns on platforms like LinkedIn. "ICE activity in numerous U.S. cities as well as the recent fatal shootings in Minneapolis involving ICE agents have compounded concerns," TechCrunch reported. The concerns highlight the impact of immigration policies and safety perceptions on international participation in industry events.
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