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July 17, 2024, 10:15 AM
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| Marina Temkin / TechCrunch: |
On their podcast, Marc Andreessen and Ben Horowitz explain why they are backing Trump, say Trump is pro-crypto, Biden's overregulation harms startups, and more — Marc Andreessen, the co-founder of one of the most prominent venture capital firms in Silicon Valley, says he's been a Democrat most of his life.
More: Benzinga, DL News, The Information, Crypto Briefing, and Bloomberg
Threads: @coloradotravis, @elizspiers, @gwestr, and @crumbler
X: @kelseytuoc, @danprimack, @kelseytuoc, @kelseytuoc, @kelseytuoc, @pmarca, @tsarnick, @danprimack, @alexiskold, @danprimack, @jessicalessin, @dpinsen, @prestonjbyrne, @carnage4life, @kateclarktweets, @aphysicist, @davidsacks, @ericjackson, @ktmboyle, @pmarca, @spiritofpines, @jessesingal, @shonaghosh, @mattzeitlin, @pmarca, @elonmusk, @billhughesdc, @garymarcus, @carnage4life, @a16z, @johnkonrad, and @bennjordan
| New York Times: |
Sources: at a June dinner, David Sacks, Chamath Palihapitiya, and others told Trump to pick JD Vance as VP; Elon Musk and Peter Thiel also advocated for Vance — Mr. Vance spent less than five years in Silicon Valley's tech industry, but the connections he made with Peter Thiel and others became crucial to his political ascent.
More: The Verge, Financial Times, MarketWatch, This is Not Cool, Business Insider, Bloomberg, and Wired
X: @elonmusk, @elonmusk, @emptywheel, @davidsacks, @chamath, @davidsacks, @jeffjarvis, and @chamath
| The Information: |
Marc Andreessen and Ben Horowitz say Trump is the right choice for “Little Tech”; sources say they plan to make large donations to PACs supporting his campaign — Venture capital bigwigs Marc Andreessen and Ben Horowitz have told staff at Andreessen Horowitz that they plan …
More: Stratechery, a16z on YouTube, Financial Times, Axios, Bloomberg, Associated Press, Inc.com, Axios, Forbes, Fox Business, Seeking Alpha, New York Post, Gizmodo, Business Insider, CNBC, The Atlantic, Axios, Cointelegraph, The Verge, Le Monde.fr, The Information, Wall Street Journal, and New York Times
Threads: @anildash, @yannlecun, @benedictevans, @technicallymims, @gk_ventures, @technicallymims, @benedictevans, @benedictevans, @moskov, and @carnage4life
| Cat Zakrzewski / Washington Post: |
More: Music Ally, Platformer, and The Hill
| Reuters: |
Sources: GitLab, which has an ~$8B market cap, is exploring a sale after attracting interest from its peers, including Datadog, which has a $44B market cap — GitLab (GTLB.O), a U.S. provider of cloud-based software development tools whose investors include Google parent Alphabet (GOOGL.O) …
More: Investor's Business Daily, Proactive, Neowin, Bloomberg, The Stack, Mobile World Live, and NewsBytes
| Bloomberg: |
Donald Trump says “I'm for TikTok, because you need competition”, and “if you don't have TikTok, you have Facebook and Instagram” and “that's Zuckerberg” — It's late June, and Donald Trump is plotting his next presidency in the gilded offseason isolation of the Mar-a-Lago Club.
More: Bloomberg, CoinDesk, Watcher Guru, HuffPost, Reuters, Business Insider, The Independent, The Crypto Times, Proactive, CNBC, Mobile World Live, The Block, Cryptonews, Axios, The Information, and The Defense Post
Threads: @technicallymims. X: @thorstenbenner, @jimgeraghty, @jamescrabtree, @kyleichan, @davidjoachim, @thestalwart, @fbermingham, @hiattb, @shashj, @tomgara, @drewpavlou, @mrjeffu, @josephzeballos, @jakesherman, @sarahfrier, @prem_thakker, @thestalwart, @john_hudson, @alexwickham, @bgrueskin, @mackhawk, @_danilo, @drewpavlou, @bradstone, @joumannatv, @mackhawk, @jason_kint, and @katie_roof
Forums: r/Sino, r/neoliberal, and r/politics
| Laura Waxmann / San Francisco Chronicle: |
Elon Musk says he plans to move X's headquarters to Austin, after he protested a new California law that bans schools' transgender notification policies — San Francisco real estate market participants confirmed last week that a majority of the Market Street headquarters of X Corp. …
More: BBC, PCMag, The Verge, Wired, The Independent, MarketWatch, International Business Times, CNBC, Reuters, Agence France-Presse, Business Insider, Wall Street Journal, Cryptopolitan, Washington Post, Politico, Cointelegraph, New York Post, New York Times, Associated Press, NBC News, Variety, The Guardian, TechCrunch, Houston Business Journal, The Shortcut, Associated Press, The San Francisco Standard, Financial Times, Tech Startups, CoinGape, Bloomberg, Fast Company, San Francisco Business Times, Los Angeles Times, Quartz, The Information, and Fox News
Threads: @karaswisher, @davepell, @kalihays1, @mac_ryan_, and @daveleebbg
X: @elonmusk, @elonmusk, @elonmusk, @gregabbott_tx, @elonmusk, @jason, @jason, @gavinnewsom, @rmac18, @elonmusk, @alexshultz, @laura_waxee, @scott_wiener, @basedmikelee, @kevinkileyca, @allahliker, @realchrisrufo, @evacide, @robhof, @davidsacks, @jason, @nicoleperlroth, @tedcruz, @parismarx, @charliekirk11, @trhlofficial, @caitlyn_jenner, @elonmusk, and @libsoftiktok
Forums: r/sanfrancisco, r/RealTesla, and r/SpaceXLounge
| Bloomberg: |
Sources: the US is mulling imposing the foreign direct product rule, seen as draconian by allies, on Tokyo Electron and ASML's chip equipment business in China — - Restrictions would hit technology from Tokyo Electron and ASML — US companies like Lam have urged softer approach in meetings
More: Tom's Hardware, The Register, South China Morning Post, Silicon Valley Business …, Benzinga, Quartz, Barron's Online, Proactive, CNBC, Invezz, Bloomberg, and Reuters
X: @6d6f636869, @technology, @mackhawk, and @thorstenbenner
Forums: r/wallstreetbets and r/europe
| Emilia David / VentureBeat: |
Mistral launches two 7B LLMs: Codestral Mamba, for code generation, based on the Mamba architecture, and Mathstral, for math reasoning and scientific discovery — The well-funded French AI startup Mistral, known for its powerful open source AI models, launched two new entries in its growing family …
More: Mistral AI, InfoWorld, Hugging Face, Ben's Bites, Mistral AI, MarkTechPost, and Gen AI
X: @mistralai, @_philschmid, @arthurmensch, @francoisfleuret, @bycloudai, @reach_vb, @dchaplot, @guillaumelample, and @samlakig. LinkedIn: Marjorie Janiewicz. Forums: r/LocalLLaMA
| Arjun Kharpal / CNBC: |
ASML reports Q2 net sales down 9.5% YoY to €6.2B, vs. €6B est., net income down 18.7% YoY to €1.6B, vs. €1.4B est., expects 2024 total net sales similar to 2023 — ASML reported second-quarter earnings and sales that beat forecasts, as interest in artificial intelligence chips drives …
More: Investor's Business Daily, ASML, Tech Monitor, BusinessLIVE, Bloomberg, TrendForce Insights, ASML, Benzinga, Reuters, and Bloomberg
X: @asmlcompany, @asmlcompany, @economyapp, and @technology
| Allison Johnson / The Verge: |
Hands-on with the Samsung Galaxy Z Fold6's AI-generated “sketch to image” tool: turns rough sketches into images, ridiculous, fun, and slightly worrying — The pirate ship in Elliott Bay was one thing, but it was a little blurry bee that sent me over the edge.
X: @fdaudens
| Akash Sriram / Reuters: |
Andrej Karpathy, an OpenAI co-founder and former head of Tesla's autopilot unit, unveils Eureka Labs, a “new kind of school” aiming to support teachers with AI — Computer scientist Andrej Karpathy announced on Tuesday that he was starting an AI-integrated education platform named Eureka Labs …
More: The Decoder, Cointelegraph, Silicon Republic, AIM, Maginative, SiliconANGLE, Ars Technica, The Crypto Times, VentureBeat, The Information, The Verge, TechCrunch, Bloomberg, Tech Startups, and Simon Willison's Weblog
Forums: r/singularity and r/artificial
| Sharon Goldman / Fortune: |
In an interview, Google DeepMind and Google Research Chief Scientist Jeff Dean says AI is not to blame for the brunt of data center emissions increase — Google sent a jolt of unease into the climate change debate this month when it disclosed that emissions from its data centers rose 13% in 2023 … | Emilia David / VentureBeat: |
Google unveils Project Oscar, an open-source platform to help product teams monitor software issues or bugs via AI agents, at its I/O Connect Bengaluru event — Google has announced Project Oscar, a way for open-source development teams to use and build agents to manage software programs.
More: Thurrott, TechCircle, Google Developers Blog, SiliconANGLE, and The Indian Express
| Bloomberg: |
Yemen says a ship has repaired the subsea AAE-1 cable, linking Asia and Europe, in the Red Sea, and remains in the water to repair the Seacom and EIG cables — - Vessel owned by UAE-based telco making repairs amid conflict — Fixes to internet cables delayed by geopolitical friction
X: @oliviasolon
| Katie Roof / Bloomberg: |
Human Interest, a 401(k) provider for SMBs that aims to cut down on administration and compliance work, raised $267M in equity and debt at a $1.33B valuation — Human Interest helps small companies set up 401(k) services. — LEARN MORE — Financial technology startup Human Interest Inc … | Samuel Stolton / Bloomberg: |
The EU's General Court says TikTok is large enough to fall under the DMA, rejecting ByteDance's challenge; ByteDance can appeal to the European Court of Justice — - TikTok attempt to avoid EU's Digital Markets Act is dismissed — Chinese-owned social media giant also risks ban in the US
More: Silicon Republic, Engadget, 9to5Mac, Euractiv, Deutsche Welle, Semafor, BusinessLIVE, Associated Press, RTÉ, The Verge, BERNAMA, Yen.com.gh, Reuters, NewsBytes, and Invezz
X: @beuc, @samuelstolton, @eucourtpress, and @lewis_crofts
| Wall Street Journal: |
Sources: Disney is working on features to increase the hours viewers spend on streaming, including pop-up live channels and more-tailored recommendations — The entertainment giant is making changes aimed at getting streaming customers to spend more time glued to the screen| Financial Times: |
Source: Fei-Fei Li's World Labs, founded in April 2024 and aiming to create “spatial intelligence” in AI, raised ~$100M in its latest round at a $1B+ valuation — Stanford computer scientist's ‘spatial intelligence’ venture wins backing from investors including Andreessen Horowitz| Steven Scheer / Reuters: |
Israel-based CytoReason, which uses AI to develop disease models, raised $80M from Nvidia, Pfizer, Thermo Fisher, and OurCrowd, and plans a Massachusetts office — Israel's CytoReason, which uses AI to develop disease models, said on Wednesday it had raised $80 million in a private funding round.
More: FinSMEs, CTech, CytoReason, and ENDPOINTS NEWS
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