Techmeme
September 27, 2024, 10:35 AM

Top News

Hayden Field / CNBC:
Source: at an all-hands meeting, Sam Altman said there are no plans for him to get a “giant equity stake” in OpenAI, calling that information “just not true”  —  At an all-hands meeting Thursday, OpenAI CEO Sam Altman denied that there are plans for him to receive a …
Deepa Seetharaman / Wall Street Journal:
Current and former staff say OpenAI has rushed product announcements and safety testing, lost its lead over rivals, and Altman is detached from the day-to-day  —  Executives and researchers have left this year amid disputes over the company's values and fights among its leaders
Elizabeth Lopatto / The Verge:
X is blocking links to Ken Klippenstein's newsletter with a hacked JD Vance dossier and has suspended Klippenstein's X account for posting Vance's personal info  —  X is preventing users from posting links to a newsletter containing a hacked document that's alleged to be the Trump campaign's research …
Mariella Moon / Engadget:
Ian King / Bloomberg:
Reuters:
Indian food delivery company Swiggy files for an IPO in India, a source says targeting to raise $1.25B at a $15B valuation; Swiggy was valued at $10.7B in 2022  —  SoftBank-backed Swiggy filed papers on Thursday for an initial public offering, which a source said would be worth $1.25 billion …
Marina Temkin / TechCrunch:
A look at some standout startups from Day 2 of YC's S24 Demo Day, including energy-efficient AI chips maker Exa Laboratories and freight carpooling startup Oway  —  Silicon Valley accelerator Y Combinator held the second Demo Day for its Summer 2024 cohort on Thursday, and just like we saw on Day 1 …
Madhumita Murgia / Financial Times:
Stripe data: AI startups took a median 11 months to hit $1M in annualized revenue after their first sales, vs. 15 months for previous gen of SaaS companies  —  New data from payments group Stripe suggest artificial intelligence groups are making revenues at an unprecedented rate
More: DataconomyX: @alexvoica, @madhumita29, and @freddiewilliamsLinkedIn: David Kirk
Ben Schoon / 9to5Google:
Samsung unveils the $649+ Galaxy S24 FE, a “Fan Edition” value-focused version of the S24 with a 6.7" display, Exynos 2400e, and 8GB of RAM, in five colors  —  Samsung has just unveiled the Galaxy S24 FE, its latest “Fan Edition” smartphone, but with a questionable value proposition for those “fans.”
Billy Steele / Engadget:

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Earlier Picks

Benj Edwards / Ars Technica:
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Emma Roth / The Verge:
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Thomas Claburn / The Register: