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May 22, 2024, 8:55 PM
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| Kif Leswing / CNBC: |
Nvidia reports Q1 revenue up 262% YoY to $26.04B, vs. $24.65B est., forecasts Q2 revenue above est., and splits its stock 10-for-1; NVDA jumps 5%+ after hours — Nvidia shares topped $1,000 for the first time in extended trading on Wednesday after the chipmaker reported fiscal first-quarter results that topped analyst estimates.
More: Nvidia Newsroom, Bloomberg, Wall Street Journal, The Guardian, Financial Times, Bloomberg, Semafor, Fortune, Neowin, Constellation Research, FX Empire, Watcher Guru, Crypto Briefing, Patently Apple, CoinGape, and NBC News
X: @kristinaparts, @munster_gene, @lastcallcnbc, @lastcallcnbc, @thetranscript_, @thetranscript_, @thetranscript_, @munster_gene, @thetranscript_, @thetranscript_, @divestech, @thetranscript_, @thetranscript_, @kristinaparts, @thetranscript_, @jonerlichman, @munster_gene, @munster_gene, @munster_gene, @munster_gene, @munster_gene, @munster_gene, @scobleizer, @benbajarin, @mgsiegler, @benbajarin, @alex, @benbajarin, @benbajarin, @benbajarin, @lexnfx, @carnage4life, @munster_gene, @thetranscript_, @thetranscript_, @sawyermerritt, @economyapp, @nearcyan, @jimcramer, @morningbrew, and @morningbrew. LinkedIn: Anthony Robbins
Forums: r/wallstreetbets and Slashdot
| Wall Street Journal: |
News Corp and OpenAI announce a multiyear agreement to bring News Corp's news content to OpenAI; sources: the deal could be worth $250M over five years — Agreement could generate over $250 million over five years for News Corp in cash and credits — Wall Street Journal owner News Corp struck …
More: OpenAI, VentureBeat, PYMNTS.com, New York Post, Bloomberg, The Information, News Corp, Washington Post, Engadget, The Guardian, Axios, The Verge, Neowin, CoinGape, Benzinga, Reuters, Variety, CNBC, and The Hollywood Reporter
Threads: @edmundlee. X: @_felixsimon_, @ikrietzberg, @froomkin, @openai, @minimaxir, @grantstern, @maxwelltani, and @maxwelltani
LinkedIn: Nicholas Gray and Artem Fishman
| André Beganski / Decrypt: |
The US House passes the Financial Innovation and Technology for the 21st Century Act, or FIT21, which would create a regulatory framework for digital assets — Dubbed the Financial Innovation and Technology for the 21st Century Act, or FIT21, the measure was approved by the House of Representatives with a 279-136 vote.
More: US Securities …, CoinDesk, Reuters, DL News, The Block, The Block, Fortune, The Hill, CoinDesk, CoinDesk, Blockworks, CoinGape, CoinDesk, Crowdfund Insider, crypto.news, The Crypto Times, Crypto Briefing, Washington Examiner, CryptoPotato, CNBC, MarketWatch, CoinDesk, Cointelegraph, The Daily Hodl, Financial Services Committee, CryptoSlate, Cointelegraph, crypto.news, Forkast, Watcher Guru, The Crypto Basic, Quartz, Cryptonews, PYMNTS.com, and Blockonomi
X: @brian_armstrong, @yugacohler, @adamscochran, @adamscochran, @adamscochran, @adamscochran, @bradsherman, @twobitidiot, @yugacohler, @adamscochran, @jbsdc, @eleanor_mueller, @eleanor_mueller, @blockgraze, @iamnomad, @eleanor_mueller, @repwileynickel, @jessepollak, @ryansadams, @repwileynickel, @kmsmithdc, @jessepollak, @jchervinsky, @rewkang, @repjohnrose, @financialcmte, @iampaulgrewal, and @gopmajoritywhip
| Kelsey Piper / Vox: |
Leaked OpenAI docs show aggressive tactics toward ex-employees and contradict leadership's comments about being unaware of provisions about equity cancellation — On Friday, Vox reported that employees at tech giant OpenAI who wanted to leave the company were confronted with expansive and highly restrictive exit documents.
Threads: @crumbler. Bluesky: @annmlipton.bsky.social. X: @kelseytuoc, @jmannhart, @2020science, and @kelseytuoc. Forums: Hacker News
| Kurt Wagner / Bloomberg: |
Zuckerberg creates the Meta Advisory Group with Patrick Collison, Nat Friedman, Tobi Lütke, and Charlie Songhurst, to advise on tech and growth opportunities — - Stripe's Collison, Shopify's Lütke among new advisers — Group to guide Meta on tech, strategic growth opportunities
More: Meta Investor Relations, The Information, TechCrunch, PYMNTS.com, Quartz, Canadian Press, calgaryherald, and The Verge
Threads: @katienotopoulos, @tookthescenicroute, and @daveleebbg
| David Shepardson / Reuters: |
US FCC Chairwoman Jessica Rosenworcel proposes requiring the disclosure of content generated by AI in political ads on radio and TV, citing the use of deepfakes — U.S. Federal Communications Commission Chairwoman Jessica Rosenworcel on Wednesday proposed requiring disclosure of content generated … | Brody Ford / Bloomberg: |
Snowflake reports Q1 revenue up 33% YoY to $828.7M, product revenue up 34% YoY to $789.6M, vs. $749M est., and projects Q2 product revenue above estimates — - Data software company raises annual product revenue outlook — Quarterly report is the first under new CEO Sridhar Ramaswamy| Alex Seitz-Wald / NBC News: |
Steve Kramer, the political consultant who admitted to commissioning the deepfake robocall of Biden, has been indicted in New Hampshire and faces five counts — Steve Kramer, the Democratic consultant whom NBC News first linked to the robocall impersonating the president, is facing five counts in New Hampshire.| Isabelle Bousquette / Wall Street Journal: |
Cologne-based AI translation startup DeepL, which develops its own models, raised $300M led by Index Ventures at a $2B valuation and reports 100K+ customers — The round, led by Index Ventures, reflects businesses' increasing interest in function-specific AI models
More: PYMNTS.com, SiliconANGLE, Tech Startups, CNBC, TNW, OTPP, TechCrunch, Tech Xplore, Crunchbase News, and EU-Startups
LinkedIn: Lewis Maconachy, Frankie Williams, Steven Venegas, Peter H., and Markus Harder
| Nitasha Tiku / Washington Post: |
Documents and sources: OpenAI hired an actress to create ChatGPT's Sky voice months before Sam Altman contacted Scarlett Johansson — A different actress was hired to provide the voice for ChatGPT's ‘Sky,’ according to documents and recordings shared with the Washington Post.
X: @nitashatiku, @pstasiatech, @blind_steel, and @mszafranski413
| Charlie Warzel / The Atlantic: |
More: BBC, Blood in the Machine, Wired, VentureBeat, New York Magazine, Vox, Fast Company, iThinkDifferent, Disconnect, AIM, BGR, MarketWatch, Slate, Forbes, The Information, and Vanity Fair
X: @kathrynferreira, @othernedwin, @joshkraushaar, @mmitchell_ai, @mikepepi, @cwarzel, @evanmcmurry, @cwarzel, @dseetharaman, and @cwarzel. LinkedIn: Kate Knibbs
Forums: r/ArtistHate and r/technology
| Kate Rooney / CNBC: |
Sources: Amazon plans to launch a more conversational Alexa with generative AI features later in 2024, and charge a monthly subscription to offset the cost — WATCH NOW — Amazon is upgrading its decade-old Alexa voice assistant with generative artificial intelligence and plans to charge …
More: 9to5Google, SiliconANGLE, ZDNet, PYMNTS.com, International Business Times, Reuters, Fast Company, MobileSyrup, The Crypto Times, GeekWire, PhoneArena, BGR, MSPoweruser, Gizmodo, TechSpot, iPhone in Canada Blog, Quartz, The Verge, Sherwood News, Thurrott, Benzinga, Proactive, Neowin, Bloomberg, Investor's Business Daily, The Decoder, Breakfast At Ralf's, and NBC News
Mastodon: @carnage4life@mas.to. Bluesky: @hern.bsky.social. X: @parkerortolani, @gartenberg, @andrewcurran_, @andrewcurran_, and @madscapital
LinkedIn: Dylan Jones and Neil Saunders
Forums: r/singularity, r/homeassistant, r/alexa, r/technology, r/amazonecho, r/news, and Slashdot
| Kyle Wiggers / TechCrunch: |
Portland-based Hydrolix, a data lake service that offers a repository for log data, raised a $35M Series B led by S3 Ventures, bringing its total raised to $68M — In 2008, Marty Kagan, who'd previously worked at Cisco and Akamai, co-founded Cedexis, a (now-Cisco-owned) firm developing observability tech for content delivery networks.
More: Portland Business Journal, FinSMEs, Hydrolix, SiliconANGLE, and siliconflorist.com
| The Information: |
Sources: AI chip startup Groq has told investors it wants to raise about $300M by the end of month; Groq previously raised more than $367M at a $1B+ valuation — Groq, an Nvidia rival that develops specialized server chips and software for artificial intelligence, has told investors it wants …
X: @danielnewmanuv, @nmasc_, and @scobleizer
| Austin Weinstein / Bloomberg: |
Intercontinental Exchange, which owns the NYSE, agreed to pay $10M to settle SEC allegations that it failed to immediately tell the agency about a hack in 2021 — The SEC said that in April 2021 ICE learned that its virtual private network had been hacked by a “threat actor.”| Aisha Malik / TechCrunch: |
TikTok launches its Symphony AI suite for brands, using generative AI to let marketers write scripts, produce videos, and enhance current assets — TikTok is the latest tech company to incorporate generative AI into its ads business, as the company announced on Tuesday that it's launching a new “TikTok Symphony” AI suite for brands.
More: Social Media Today, ChannelX, Digiday, The Media Leader, Campaign, and Adweek
X: @liahaberman and @liahaberman
| Emma Roth / The Verge: |
Bluesky now lets users send DMs and says it's working on adding support for messages with images and end-to-end encryption — Bluesky will now let you send a direct message to other users. For now, you can only send messages containing text, but Bluesky is working on adding support for images and videos.
More: Bluesky, TechCrunch, PhoneArena, Engadget, and iThinkDifferent
Threads: @timfullerton and @quillmatiq
| Abner Li / 9to5Google: |
Google starts rolling out its Magic Editor and other AI tools to all Android and iOS users for free via Photos, offering 10 Magic Editor library saves per month — Last month, Google Photos announced that it would be making Magic Editor and other AI-powered tools free for all Android and iOS users.
More: PhoneArena, ZDNet, Thurrott, Stuff, Android Headlines, RM Update News, and NewsBytes. Forums: r/GooglePixel
| Reuters: |
AWS plans to invest €15.7B in data centers in Spain's Aragon region, replacing a 2021 plan to spend €2.5B; the Aragon government says the deal is over 10 years — Tech giant Amazon's (AMZN.O) cloud computing unit AWS will invest 15.7 billion euros ($17.02 billion) …
More: DatacenterDynamics, Neowin, Tech Xplore, Bloomberg, and Channels Television
| Dominic-Madori Davis / TechCrunch: |
Techstars CEO Maëlle Gavet says she is leaving at the end of May for health reasons; Techstars co-founder and board chairman David Cohen will become the new CEO — Techstars CEO Maëlle Gavet announced on LinkedIn that she is leaving the company at the end of the month for health reasons.
More: The Information, Seattle Business Journal, and Techstars
| Andy Greenberg / Wired: |
Chinese automotive cybersecurity firm GoGoByte demonstrates a cheap and simple relay attack to unlock a Tesla Model 3 despite its ultra-wideband keyless system — Ultra-wideband radio has been heralded as the solution for “relay attacks” that are used to steal cars in seconds.Sponsor Posts
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