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June 13, 2024, 1:50 AM
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| Mark Gurman / Bloomberg: |
Sources: Apple isn't paying OpenAI as part of their partnership and aims to eventually make money from AI by striking revenue-sharing deals with chatbot owners — - The iPhone maker isn't paying OpenAI to use the chatbot — Apple announced OpenAI agreement as part of AI push this week
More: Engadget, 9to5Mac, The Information, Benzinga, MSPoweruser, and AppleInsider
Threads: @marcslove, @daveleebbg, and @eshumarneedi
| Bloomberg: |
Terraform Labs agrees to pay $4.47B to resolve a US SEC lawsuit, after a jury in April found the company and Do Kwon liable for fraud following a civil trial — - Deal includes $204.3 million payment by founder Do Kwon — Terraform, Kwon found liable for fraud in April civil trial
More: PYMNTS.com, CoinDesk, Unchained, Reuters, Financial Times, crypto.news, Quartz, Wall Street Journal, Cryptopolitan, SiliconANGLE, Decrypt, ZyCrypto, BeInCrypto, DL News, Blockworks, The Block, Crypto Adventure, CoinGape, Cointelegraph, The Crypto Times, CryptoSlate, Bitcoinist.com, CryptoPotato, Crypto Briefing, CoinJournal, and The Verge
| Reed Albergotti / Semafor: |
AI search engine Perplexity says it was working on revenue-sharing deals with publishers when Forbes criticized it for misusing content from Forbes and others — The Scoop — Perplexity, the AI search startup that recently came under fire from Forbes for allegedly misusing its content …
More: MacStories, TestingCatalog, and Forbes
Threads: @miasato.2 and @crumbler
X: @carnage4life, @ericnewcomer, @jason_koebler, @ericnewcomer, @semafor, @johnpaczkowski, @bcmerchant, @johnpaczkowski, @dmitry140, @jason, @reedalbergotti, @mattswider, @carnage4life, @mohapatrahemant, @johnpaczkowski, @youcaughtscott, @ericnewcomer, @reedalbergotti, @dwhate, @johnpaczkowski, @reedalbergotti, @jason, @can, @johnpaczkowski, @william_fitz, @mattswider, @campbell_brown, and @sidfix. LinkedIn: Aravind Srinivas
| The Information: |
Sources: OpenAI's annualized revenue has hit $3.4B, up from $1.6B in late 2023 and $1B last summer; $3.2B comes from subscriptions to its chatbots and API fees — OpenAI has more than doubled its annualized revenue to $3.4 billion in the past six months or so, OpenAI CEO Sam Altman has told staff …
More: Bloomberg, Cryptopolitan, PYMNTS.com, MSPoweruser, Seeking Alpha, and Engadget
X: @amir, @robinwigg, @steph_palazzolo, @modestproposal1, and @netcapgirl
| Abner Li / 9to5Google: |
Google says ChromeOS will soon be developed on portions of the Android stack, including its Linux kernel and frameworks, to bring AI features to users faster — Google announced today that ChromeOS will be “developed on large portions of the Android stack” going forward.| Kyodo News: |
Japan passes a law that prohibits Apple and Google from limiting the sale of third-party apps and services that compete with native iOS and Android offerings — Japan's parliament enacted Wednesday a law to promote competition in smartphone app stores by restricting tech giants Apple Inc …
More: 9to5Mac, AppleInsider, The Register, The Asahi Shimbun, Patently Apple, UPI, Agence France-Presse, Nikkei Asia, Mobile World Live, and Pixel Envy
Forums: Hacker News, r/apple, and Slashdot
| Joseph Cox / 404 Media: |
A hacker says they breached Tile internal tools, including one for processing data for cops, and stole customer data like phone numbers, addresses, and Tile IDs — A hacker broke into systems used by Tile, the tracking company, then stole a wealth of customer data and had access to internal company tools.
More: The Verge, Engadget, BleepingComputer, The Register, Cyber Daily, Pocket-lint, How-To Geek, MacRumors, BGR, Tom's Guide, SiliconANGLE, Android Authority, and Digital Trends
Mastodon: @josephcox@infosec.exchange, @evacide@hachyderm.io, @jasonkoebler@mastodon.social, and @freakazoid@retro.social. Forums: r/privacy
| Samuel K. Moore / IEEE Spectrum: |
MLCommons shares results from its MLPerf 4.0 training benchmarks, which added Google's and Intel's AI accelerators; Nvidia H100 GPUs topped all nine benchmarks — For years, Nvidia has dominated many machine learning benchmarks, and now there are two more notches in its belt.
More: MLCommons, VentureBeat, HPCwire, NVIDIA, MLCommons, MLCommons, TechPowerUp, HotHardware, ZDNet, Forbes, and Wccftech
| Abner Li / 9to5Google: |
Long-time Android Engineering VP Dave Burke steps down to explore “AI/bio” projects within Alphabet; sources say Platforms & Devices team is undergoing a reorg — Back in April, Google announced a merger of the Platforms & Ecosystems and Devices & Services divisions.| Sean Michael Kerner / VentureBeat: |
Stability AI releases Stable Diffusion 3 Medium, intended to be a smaller yet capable model on consumer GPUs, with 2B parameters, compared to SD3 Large's 8B — Bigger isn't always better, especially when it comes to running generative AI models on commodity hardware.
More: Stability AI, Hugging Face, MSPoweruser, The Decoder, Decrypt, ZDNet, and VideoCardz.com
X: @emostaque, @replicate, @stabilityai, @mikeyanderson, and @fofrai
| Arsheeya Bajwa / Reuters: |
Broadcom reports Q2 revenue up 43% YoY to $12.49B, vs. $12.01B est., raises FY 2024 revenue forecast, announces a 10:1 stock split; AVGO jumps 9%+ after hours — Tech conglomerate Broadcom (AVGO.O) raised its annual revenue forecast on Wednesday, betting on higher demand for its networking equipment … | Reuters: |
Samsung announces plans to speed up the delivery of AI chips for clients by integrating its memory chip, foundry, and chip packaging services — Samsung Electronics (005930.KS) said its contract manufacturing business plans to offer a one-stop shop for clients to get their AI chips made faster …
More: Samsung Newsroom, South China Morning Post, KED Global, SamMobile, ZDNet, TweakTown, and SamNews 24. Forums: r/artificial
| Christine Hall / TechCrunch: |
Canary Technologies, which offers tools for hotel guest management, raised a $50M Series C led by Insight Partners, bringing its total raised to nearly $100M — The hospitality industry is back, baby. And with it comes a chance for technology startups to not only help hotels streamline their operations …
More: FinSMEs, Canary Technologies, PhocusWire, and VC News Daily
X: @dflieb, @dflieb, @canary_tech, @gokulr, @insightpartners, @ajhodls, and @timsuzman
| Kylie Robison / The Verge: |
Sources: at an all-hands, X CEO Linda Yaccarino urged staff to discuss xAI's Grok with advertisers; questions about delayed promotions were largely unaddressed — During an internal all-hands meeting led by X CEO Linda Yaccarino on Wednesday, concerned employees tuned in to hear … | Moneycontrol: |
Sources: Indian rapid grocery delivery startup Zepto plans to raise ~$650M co-led by Nexus and StepStone at a $3.5B valuation, up from $1.4B in August 2023 — Nexus and its LP StepStone will together lead the round by putting in a majority of the total $650 million, sources said.
More: Business Today and The Economic Times
| Jordan Novet / CNBC: |
Databricks tells investors its annualized revenue is expected to reach $2.4B through July 2024, or the first half of its FY 2025, up 60% from a year earlier — Databricks, the data analytics software vendor that's among the most richly valued private U.S. tech companies …
X: @jordannovet and @jasonlk
| Wall Street Journal: |
A look at Satya Nadella's AI efforts; source: some future Microsoft AI products may be switched from OpenAI tech to the model being developed by Suleyman's team — After landing the deal that launched his company to the front of the artificial-intelligence race, the tech chief is spreading his bets.Sponsor Posts
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