Techmeme
February 17, 2024, 6:01 AM

Top News

New York Times:
Sources: OpenAI completed a deal valuing the startup at $80B or more, planning to let employees cash out their shares in a tender offer led by Thrive Capital  —  The A.I. start-up's valuation tripled in less than 10 months.  —  OpenAI has completed a deal that values the San Francisco …
Allison Johnson / The Verge:
Google releases Android 15's first developer preview, with updates related to Android's Dynamic Performance Framework, privacy, the camera experience, and more  —  Our first official glimpse of Android 15 is here.  It includes a lot of under-the-hood tweaks to strengthen communication between hardware …
Noam Scheiber / New York Times:
Court filing: Amazon claims the NLRB is unconstitutional, after the agency said Amazon illegally retaliated against workers; SpaceX has made a similar claim  —  The company made the novel claim, echoing arguments by SpaceX and Trader Joe's, in a legal filing while fighting a case.
Andy Robinson / Video Games Chronicle:
Sources: Nintendo told game publishers the Switch 2's launch is delayed from late 2024 to Q1 2025; source: Nintendo needs more time to prepare its own games  —  That's according to Brazilian journalist Pedro Henrique Lutti Lippe, who claims in a new OX do Controle video that he received the information from five separate sources.
Bloomberg:
Sources: Masayoshi Son seeks up to $100B for an AI chip venture to rival Nvidia; one scenario involves $30B from SoftBank and $70B from Middle Eastern investors  —  - SoftBank has $41 billion cash pile and finances helped by Arm  — Undertaking code-named Izanagi after Japanese god of creation
Bloomberg:
RT Watson / The Block:
Yuga Labs acquires Kevin Rose's NFT startup Proof, and plans to fold Proof's NFT project Moonbirds into its gamefied, metaverse project Otherside  —  - Bored Ape Yacht Club creator Yuga Labs announced it has acquired Proof, which created the Moonbirds non-fungible token collection.
Steven Levy / Wired:
OpenAI unveils Sora, its first text-to-video model, which can create up to a minute of 1080p video, as a research product for some creators and security experts  —  OpenAI's entry into generative AI video is an impressive first step.  —  We already know that OpenAI's chatbots can pass the bar exam without going to law school.
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Parmy Olson / Bloomberg:

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More News

Amy Or / Bloomberg:
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Associated Press:
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Earlier Picks

Washington Post:
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Natasha Lomas / TechCrunch:
Rachel Metz / Bloomberg:
Davey Winder / Forbes: