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June 26, 2023, 2:10 PM
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| Jay Peters / The Verge: |
Meta announces Quest+, a VR subscription service that gives Quest 2, Quest 3, and Quest Pro users access to two games every month for $7.99/month or $59.99/year — Meta CEO Mark Zuckerberg just announced Quest Plus, the company's new “virtual reality subscription” that gives users access to “the best titles on the platform,” he said.| Will Knight / Wired: |
DeepMind co-founder and CEO Demis Hassabis shares details on Gemini, a ChatGPT rival DeepMind is making that blends strengths of LLMs with AlphaGo-type systems — Demis Hassabis says the company is working on a system called Gemini that will tap techniques that helped AlphaGo defeat a Go champion in 2016.
More: VentureBeat, OnMSFT.com, and WinBuzzer
Twitter: @glenngabe, @sarthakgh, @wiredscience, and @willknight
| Wall Street Journal: |
Databricks agrees to acquire generative AI startup MosaicML in a ~$1.3B deal closing in Q2; MosaicML launched in 2021, raised $64M, and has 62 employees — The deal aims at connecting businesses' data with services to help them build their own, cheaper language models, Databricks CEO says
More: MosaicML, Forbes, InfoWorld, SiliconANGLE, ZDNet, TechCrunch, Databricks, FinSMEs, The Information, FinTech Global, VentureBeat, Constellation Research, Blocks and Files, WinBuzzer, Reuters, and Help Net Security
Twitter: @mattturck, @levie, and @optionshawk
| The Verge: |
A survey of 2,000+ US adults finds 57% know of ChatGPT, 46% for Bing Chat, 45% for My AI, and 38% for Bard; only ~33% have used the tools, with Gen Z dominating — We polled 2,000 people about how they're using AI, what they want it to do, and what scares them about it the most.| Brian Fung / CNN: |
A breakdown of how much each US state will get in the $42.5B broadband infrastructure plan; Texas leads with $3.3B+, followed by California with $1.8B+ — The Biden administration on Monday outlined how states across the country will be receiving billions of dollars in federal funding … | Wall Street Journal: |
A look at Harry and Meghan's Hollywood flop in streaming's era of slower growth; sources: Netflix is unlikely to renew their $100M deal, which runs through 2025 — They arrived three years ago with royal star power amid a streaming boom, but have notched more cancellations and rejections than produced shows| Alison Sider / Wall Street Journal: |
Pete Buttigieg warns of possible air travel disruption ahead of a July 1 cutoff for airlines to retrofit equipment to avoid 5G interference or face restrictions — Airlines have until July 1 to update equipment or face restrictions on landing in poor visibility conditions
More: 9to5Mac, Fierce Wireless, Engadget, Fortune, PhoneArena, and The Verge. Twitter: @rakeshlobster
| Jesse Hamilton / CoinDesk: |
FTX bankruptcy team says the exchange owed customers ~$8.7B after commingling and misusing their deposits, and ~$7B in liquid assets have been recovered so far — Commingling and misuse of customer and corporate funds occurred from the inception of FTX, says current CEO John J. Ray III.| Yuval Mann / Ynetnews: |
An interview with early Waze investors Yahal Zilka and Ehud Levy on why they invested, the impact of Google's acquisition on Israel's tech industry, and more — The disregard for map companies, the dilemma between BlackBerry and iPhone, the indifference on the part of Tim Cook … | Jaspreet Singh / Reuters: |
US-based chipmaker Wolfspeed says a group led by Apollo plans to make a $1.25B debt investment, with room for an additional $750M, to support a US expansion — Wolfspeed (WOLF.N) said on Monday that a group led by Apollo Global Management (APO.N) would make a debt investment of $1.25 billion …
More: Bloomberg, Tech Startups, Wolfspeed, The Information, and MarketWatch
| Allison Johnson / The Verge: |
Google Pixel Fold review: nice landscape mode for videos and usable outer display, but it's heavy, may not be durable, has limited multitasking, and is pricey — If you buy something from a Verge link, Vox Media may earn a commission. See our ethics statement. — The Google Pixel Fold is a lot of phone.
More: Gizmodo, Android Authority, Washington Post, Engadget, ZDNet, 9to5Google, XDA Developers, New York Times, Wired, Mashable, SlashGear, Chrome Unboxed, Marques Brownlee on YouTube, PetaPixel, Digital Trends, Pocket-lint, Laptop Mag, Tom's Guide, and TechRadar
Twitter: @alexeheath and @allisonjo1
| Financial Times: |
A profile of Korean chip engineer Choi Jin-seok, who embarked on a quixotic mission to lead China's industry after his career stalled and faces IP theft charges — In 2006, a Korean engineer called Choi Jin-seok achieved a feat that earned him the nickname “master of semiconductor yield”.
More: The Korea Herald. Twitter: @adam_tooze, @michaelxpettis, @chinabeigebook, @alansmithee1987, @adam_tooze, @financialtimes, and @joel_p_atkinson
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