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September 20, 2024, 5:15 PM
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| Bloomberg: |
Constellation Energy plans to invest $1.6B to revive the Three Mile Island nuclear plant in Pennsylvania and sell all the output to Microsoft for data centers — Constellation to invest $1.6 billion to restart dormant reactor as data-center power demand surges.
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Sources: Qualcomm made a takeover approach to Intel in recent days — A deal for Intel would be massive and come at a time when the chip maker is sputtering.
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| Bloomberg: |
A profile of Xbox President Sarah Bond, who helped mollify the UK CMA's concerns about the Activision acquisition and is leading the Xbox unit's transformation — A relative outsider, Sarah Bond is leading a high-stakes transformation of a company that's lagging behind Sony and Nintendo.| Jonathan Stempel / Reuters: |
Filing: the US SEC says it intends to seek sanctions against Elon Musk for failing to appear for scheduled testimony for a probe into his $44B Twitter takeover — The U.S. Securities and Exchange Commission said on Friday it intends to seek sanctions against Elon Musk after he failed to appear … | George Hammond / Financial Times: |
Sources: Thrive Capital has already provided $1B+ to OpenAI as part of the $6.5B round; OpenAI's existing backers a16z and Sequoia Capital are not participating — Venture groups believe ChatGPT-maker will eventually be the world's dominant AI company and worth trillions of dollars| Ingrid Lunden / TechCrunch: |
Sources: Black Forest Labs, whose Flux.1 model powers Grok's image generator, is raising $100M at a $1B valuation; it came out of stealth with $31M in August — While OpenAI pursues yet another monster fundraise, it is not stealing all the oxygen in the room: AI startups building promising … | Kalley Huang / The Information: |
Source: most daily users of Meta AI use it via WhatsApp, followed by Facebook, and few via Instagram; the vast majority of Meta AI's users are outside of the US — A year after Meta Platforms introduced its artificial intelligence assistant, a picture is emerging of how people are using it … | Allie Garfinkle / Fortune: |
Google Ventures CEO David Krane about GV's first 15 years, operating independently from Alphabet, early investments in Nest and Uber, generative AI, and more — One of the first things David Krane and I do is look at some weird sculptures. — Walking through Google's Mountain View … | Timothy B Lee / Understanding AI: |
OpenAI's o1 models are dramatically better at reasoning than previous LLMs, but they struggle with spatial reasoning and are far from human-level intelligence — It's not easy to stump OpenAI's new o1 models. … You might remember around Thanksgiving last year when news broke about Q* …
More: ZDNET, Vox, Business Insider, Tom's Guide, and VentureBeat
| Olena Harmash / Reuters: |
Ukraine bans the use of Telegram on official devices used by state officials, military personnel, and critical workers over fears of Russian spying — Ukraine has banned use of the Telegram messaging app on official devices used by state officials, military personnel and critical workers … | Samuel Stolton / Bloomberg: |
Sources: EU officials are preparing formal charges against Google under the DMA, targeting how it displays rival product results across its search services — - Google risks hefty fines if it fails to address EU concerns — Regulators are set to issue warning under Digital Markets Act| Sarah Perez / TechCrunch: |
Tumblr says it has seen a 222.99% growth in communities and a 349.55% growth in users since the X ban in Brazil, with DAUs up 30% from the 110K prior to the ban — Bluesky isn't the only social networking service to benefit from X's ban in Brazil, now under legal penalties.| Tom Warren / The Verge: |
Microsoft overhauls the Fluent design illustrations used across its products and services, shifting towards playful, 3D designs that bring back skeuomorphism — Microsoft is overhauling the illustrations it uses throughout its products and services to make them less flat and more playful and interesting.
More: XDA Developers, Neowin, and Pixel Envy
X: @tomwarren, @microsoftdesign, @hakan_ertann, @austincarr, and @dmiiiitri
| Ash Parrish / The Verge: |
Twitch changes how it enforces its community guidelines: strikes for some offenses will depreciate over time, users will get more info about strikes, and more — Twitch is changing the way it enforces its community guidelines. In an announcement posted on its website … | Vishal Chawla / The Block: |
Singapore-based crypto exchange BingX suffered a security hack on its hot wallet, resulting in a “minor” loss; PeckShield: the loss was $43M in cryptocurrencies — - BingX suffered an apparent security exploit on its hot wallet. — Security analysts at PeckShield estimated …
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X: @peckshieldalert, @peckshield, @vivien_bingx, @vivien_bingx, @peckshieldalert, @bingxofficial, @farcanaofficial, @appbreadcrumbs, and @crypto_jargon
Forums: r/ethtrader and r/CryptoCurrency
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