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May 6, 2024, 1:05 PM
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| Aaron Holmes / The Information: |
Sources: Microsoft is training a new, in-house AI model that will have ~500B parameters, or large enough to rival top models from Google, Anthropic, and OpenAI — For the first time since it invested more than $10 billion into OpenAI in exchange for the rights to reuse the startup's AI models …
More: Business Standard, Tech Startups, Marcus on AI, and MSPoweruser
| Adamya Sharma / Android Authority: |
YouTube rolls out Jump Ahead, which uses AI to let users jump to parts of a video where most viewers skip ahead, to all US Premium members using its Android app — It's currently available in the US on the YouTube Android app. — • — TL;DR — YouTube Premium members in the US … | Counterpoint Research: |
iPhone 15 Pro Max was Q1's best-selling smartphone; Pro phones were 50% of Apple's sales, up from 24% in 2020; Apple and Samsung each had five phones in top 10 — - Apple and Samsung dominated the list of top 10 best-selling smartphones in Q1 2024. — This was the first quarter in which the top 10 smartphones were all 5G capable.| Emily Nicolle / Bloomberg: |
Visa and Allium Labs: less than 10% of the ~$2.2T stablecoin transactions in April were “organic payments activity”, which excludes bots and large-scale traders — - Less than 10% of stablecoin transactions are “organic:” Visa — PayPal, Stripe are among fintechs expanding in stablecoins| Kyle Wiggers / TechCrunch: |
Stack Overflow signs a deal with OpenAI to supply data to its models; new integrations between Stack Overflow and OpenAI should be available by the end of June — OpenAI is collaborating with Stack Overflow, the Q&A forum for software developers, to improve its generative AI models' performance on programming-related tasks.
More: Stack Overflow for Teams, The Decoder, Analytics India Magazine, and Maginative
Mastodon: @JasonPunyon@fosstodon.org. Bluesky: @ctype.bsky.social. X: @forgebitz, @stackoverflow, and @pchandrasekar
LinkedIn: Ryan Polk, Amol Shah, Adam Goldberg, and Jody Bailey
| Aoyon Ashraf / CoinDesk: |
Filing: Robinhood's crypto arm got a Wells notice from the US SEC on May 4; on June 27, 2023, Robinhood ended support for tokens named in previous SEC lawsuits — The trading platform previously ended support for all tokens that were named in SEC lawsuits against Binance and Coinbase.
More: Robinhood Newsroom, Blockworks, The Block, Reuters, CNBC, DL News, The Verge, The Information, CCN.com, Barron's Online, CryptoPotato, NFTgators, Cryptopolitan, The Crypto Times, crypto.news, Coinpedia Fintech News, CryptoGlobe, Cointelegraph, Bitcoin Insider, Bitcoinist.com, Watcher Guru, CoinGape, Crypto Briefing, Bloomberg, and Benzinga
| Erin Griffith / New York Times: |
The increase of stock sales in privately held companies leads to tensions within startups like Stripe; Sacra says the market could grow 40% YoY to $64B in 2024 — The market for shares of hot start-ups like SpaceX and Stripe is projected to reach a record $64 billion this year.| Robert Lemos / Dark Reading: |
AT&T finishes its cybersecurity services group divestiture and forms LevelBlue, which has 1,000+ staff in 10 countries focused on managed cybersecurity services — AT&T completed its divestiture of its cybersecurity services group and formed a joint venture with more than 1,000 employees …
More: SiliconANGLE, PaymentSecurity.io, and Channel Futures
| Anthony Ha / TechCrunch: |
The US announces $285M in CHIPS Act funding for research into semiconductor digital twin development, which may reduce chip development and manufacturing costs — President Joe Biden's administration is looking to fund efforts that improve semiconductor manufacturing by using digital twins.| Ivan Mehta / TechCrunch: |
An interview with Quora CEO Adam D'Angelo on adding AI tools, supporting developers on Quora's chatbot platform Poe, Quora's relationship with OpenAI, and more — Last November, Adam D'Angelo found himself at the epicenter of one of the biggest controversies in the tech industry.| Wall Street Journal: |
Interviews with finance experts and young adults suggest TikTok videos about the economy and consumerism are creating a distorted view of financial well-being — Endless videos about the economy and consumerism are giving 20-somethings a case of ‘money dysmorphia’ — Americans under 30 get much of their news on TikTok.| Carl Franzen / VentureBeat: |
Hugging Face launches LeRobot, an open-source robotics code library, after hiring Tesla scientist Remi Cadene to lead a new open-source robotics project — Earlier this year, in March 2024, the AI developer-focused startup Hugging Face — known for maintaining the largest online repository … Sponsor Posts
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Codegen:
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Zoho:
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IDrive:
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Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.Featured Podcasts
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