Techmeme
April 8, 2024, 9:24 AM

Top News

Bloomberg:
The US awards TSMC $6.6B in grants and up to $5B in loans to build a third Arizona fab, slated to make 2nm chips by 2030, alongside TSMC's $65B+ investment  —  - World's top chipmaker to add capacity with third fab in state  — Raimondo says latest US package aimed at AI, national security
Jez Corden / Windows Central:
Emails: Xbox President Sarah Bond establishes a game preservation team, and reiterates plans for the next Xbox to aim for the “biggest technical leap ever”  —  The backward compatibility program will continue to future Xbox hardware.  —  What you need to know
Sarah Perez / TechCrunch:
Spotify launches AI Playlist in beta for its Premium users in the UK and Australia, letting users generate playlists using a text prompt  —  Spotify already found success with its popular AI DJ feature, and now the streaming music service is bringing AI to playlist creation.
Mark Gurman / Bloomberg:
Orion Donovan Smith / The Spokesman-Review:
Lawmakers share a draft of the American Privacy Rights Act, which would create a data broker registry, let consumers opt out of some data collection, and more  —  WASHINGTON - Since the dawn of the internet age, tech companies have developed increasingly sophisticated ways to collect …
Anthony Boadle / Reuters:
Elon Musk says X is “lifting all restrictions” imposed in Brazil after a court ruling to block “certain popular accounts”, and X is defying the court's ruling  —  Elon Musk is challenging a decision by a Supreme Court justice in Brazil who ordered his social media platform X …
Paul Sawers / TechCrunch:
Microsoft announces Microsoft AI London, a new hub for its consumer AI division led by former Inflection AI and DeepMind engineer Jordan Hoffmann  —  Microsoft has announced a new London hub for its recently unveiled consumer AI division.  It will be fronted by Jordan Hoffmann …
Mathieu Dion / Bloomberg:
Canada unveils a CA$2.4B fund to boost its AI sector by giving access to computing capabilities and technical infrastructure and creates its AI Safety Institute  —  - The centerpiece is money for ‘technological infrastructure’  — Canada has yet to pass law regulating artificial intelligence
TechCrunch:
Web Summit co-founder Paddy Cosgrave confirms returning as Web Summit CEO; Cosgrave resigned in October 2023 over controversial comments on the Israel-Hamas war  —  Paddy Cosgrave, the co-founder of the Web Summit tech conference, is returning to his role as CEO after resigning in October …
Bloomberg:
Filing: Denver-based digital marketing company Ibotta prices its 2.5M IPO shares at $76-$84 each, seeking to raise $472.5M; Ibotta had a $1B valuation in 2019  —  The Denver-based company, which helps brands deliver mobile promotions through rewards and rebates, is offering 2.5 million shares …
More: Proactive
Vincent Lee / Bloomberg:
Montenegro's Supreme Court overturns Terraform Labs co-founder Do Kwon's extradition to South Korea; Kwon's lawyers had pushed for South Korea over the US  —  Montenegro's Supreme Court overturned earlier decisions to extradite Terraform Labs Pte. co-founder Do Kwon to South Korea …

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