Techmeme
March 19, 2024, 1:50 PM

Top News

Dina Bass / Bloomberg:
Microsoft hires DeepMind co-founder Mustafa Suleyman to run consumer AI, reporting to Satya Nadella, and brings on most staff from his Inflection AI startup  —  Suleyman and his team will join from OpenAI rival Inflection AI  —  Microsoft Corp. has named Mustafa Suleyman head …
Inflection:
Inflection AI says co-founder Karén Simonyan will join Mustafa Suleyman at Microsoft AI, names Sean White as CEO, and plans to host Inflection-2.5 on Azure  —  From day one at Inflection, we've been driven by a simple mission: to create a personal intelligence for everyone.
Satya Nadella / The Official Microsoft Blog:
Microsoft says Mustafa Suleyman and Karén Simonyan are joining to form Microsoft AI, focused on Copilot and other consumer AI products; Suleyman will be CEO  —  Satya Nadella, Chief Executive Officer, shared the below communication today with Microsoft employees.
Kif Leswing / CNBC:
Nvidia announces Blackwell, a new generation of AI chips available later in 2024, starting with the GB200 superchip, which pairs two B200 GPUs with a Grace CPU  —  - Nvidia on Monday announced a new generation of artificial intelligence chips and software for running AI models.
Adam James / The Block:
The US SEC says Genesis Global Capital agreed to a $21M civil penalty as part of a settlement over charges of offering unregistered securities via Gemini Earn  —  - Genesis Global Capital agreed to pay a $21 million civil penalty as part of a settlement over SEC charges.
Sean Michael Kerner / VentureBeat:
Stability AI debuts Stable Video 3D, a generative AI tool built on its Stable Video Diffusion model, letting users generate 3D video from a text or image prompt  —  Stability AI is growing its generative AI model portfolio today with the release of Stable Video 3D (SV3D).
Foo Yun Chee / Reuters:
EU DMA hearing: a Meta lawyer says Meta offered to cut its EU monthly subscription for Facebook and Instagram from €9.99 to €5.99 to address regulatory concerns  —  Meta Platforms (META.O) has offered to almost halve its monthly subscription fee for Facebook and Instagram to 5.99 euros …
Shaurya Malwa / CoinDesk:
Solana memecoin SLERF raised $10M in a presale, hitting $1.7B in trading volume, but the developer claims to have mistakenly “burned” tokens set for an airdrop  —  “This is not a joke I really f****d up and im really sorry.  Was a simple mindless misclick when I was in the process of burning the the lp," the developer said
Michael Peel / Financial Times:
Google DeepMind debuts TacticAI, a prototype AI soccer tactician built with Premier League club Liverpool, using geometric deep learning on 7,176 corner kicks  —  Human experts prefer TacticAI's suggested positional improvements at corner kicks  —  Google DeepMind has developed …
Sean Hollister / The Verge:
Maxwell Zeff / Gizmodo:
Mark Zuckerberg says Threads is rolling out a “Trending now” page for users in the US, under the search bar in the mobile app  —  Threads users in the U.S. will start seeing a “Trending now” page on the platform starting Tuesday.  —  Threads users in the United States …
Samuel Tolbert / Windows Central:
Valve debuts Steam Families in beta, which lets up to six Steam users share their PC games, manage parental controls, and more, meant to replace Family Sharing  —  Share your Steam games with up to five others in a Steam Family.  —  What you need to know  — Valve is introducing …
Bloomberg:
Sources: senior DOJ officials plan to hold closed-door Senate briefings on March 19 and 20 to advance a TikTok divestiture, as opposed to an outright US ban  —  - DOJ wants senators to pass a bill forcing TikTok sale  — Effort is part of broader DoJ push on data-security measures
Barry Schwartz / Search Engine Land:
Google promotes Liz Reid to Head of Search and names Cheenu Venkatachary as the lead of Search quality and ranking, among other executive Search team changes  —  Cheenu Venkatachary is also replacing Pandu Nayak as lead of search quality and ranking.  Cathy Edwards is moving to the Long-term Bets team.
Kalkidan Yibeltal / BBC:
Ethiopia's central bank says “a glitch” let Commercial Bank clients withdraw more cash than was in their account for hours; local media says $40M+ was withdrawn  —  Ethiopia's biggest commercial bank is scrambling to recoup large sums of money withdrawn by customers after a “systems glitch”.

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