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May 6, 2024, 4:05 PM
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Top News

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 …
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.
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.
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 …
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
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.
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 …
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.
Barkha Dutt / Rest of World:
During India's general election, some Indian politicians and parties are using deepfake videos and audios of popular, deceased politicians in their campaigns  —  Digital rights activists have questioned the ethics of using “soft fakes” to resurrect the past and manage the future.

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This is a Techmeme archive page. It shows how the site appeared at 4:05 PM ET, May 6, 2024.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Dade Hayes / Deadline:
In an earnings call, David Zaslav says the Trump Administration may be more merger friendly, enabling a “real positive and accelerated impact on this industry”

Benjamin Mullin / New York Times:
Memo: WaPo CEO Will Lewis tells staff they'll be expected to work from the office five days a week, instead of three, by June 2, and by February 3 for managers

Taylor Lorenz / User Mag:
How conservatives nurtured and funded a vast network of online influencers and creators, and how structural disadvantages prevent the left from replicating it

More News

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

Earlier Picks

Pieter Haeck / Politico:
The EU's crackdown on Huawei shows an EU-wide TikTok ban would likely take years of diplomacy, as the bloc lacks a formal say over national security concerns
Anthony Ha / TechCrunch:
Bluesky confirms Jack Dorsey left its board and says the public benefit company is searching for a new board member; Dorsey announced Bluesky in December 2019
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