Welcome to the Tech Me

the Tech Me brand Home for Thursday, August 17th,

2023, I'm Brian McCullough today.

Open AI makes its first acquisition.

Has AI really done anything for Bing's market share? A really cool

looking new gaming handheld, the most recent tally of tech industry layoff numbers and Eric

Schmidt says he wants to pull a Sam Altman.

Here's what you miss today in the world of Tech.

If you raise enough money, you can be an acquirer too.

Open AI has acquired New York-based AI Design Studio Global Illumination,

marking the company's first public acquisition, the terms of the deal weren't disclosed, quoting Tech Crunch.

Global Illumination, launched by Thomas Dimson, Taylor Gordon, and Joey Flynn, has been involved in a range of projects since its founding in 2021.

Backed by V.C. firms, Paradise, Benchmark, and Slow, Global Eliminations Team design and

built products early on at Instagram and Facebook as well as

YouTube Google Pixar and Riot Games. As director of engineering at Instagram

Dimson was instrumental in iterating the platform's discovery algorithms.

While there, he helped to start the teams responsible for

Instagram's Explore tab experience, feed, and stories ranking,

IG TV and general data engineering.

Global Elimination's most recent creation is Biomes, a Minecraft-like

open source sandbox multiplayer online role-playing game built for the web. The game's fate is

unclear, but one would presume that the team's work at Open AI will have less of an entertainment bent.

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