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September 28, 2024, 9:15 PM
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| Wall Street Journal: |
Source: Apple is no longer in talks to participate in an OpenAI funding round that is expected to raise as much as $6.5B — Company behind ChatGPT is aiming to raise around $6.5 billion in funding set to close next week — Apple is no longer in talks to participate in an OpenAI funding round expected …
More: Spyglass, Daring Fireball, 9to5Mac, Neowin, Business Times, Daily Journal, News.ng, PhoneArena, AppleInsider, iPhone in Canada Blog, Mashable, Business Today, iClarified, Reuters, Wccftech, Benzinga, NewsBytes, Business Insider, and Deccan Herald
Threads: @72mena and @firerock31
| New York Times: |
Docs: OpenAI had $300M in monthly revenue in August, up 1,700% since early 2023, 350M MAUs in June, and expects ~$3.7B in annual sales but $5B in losses in 2024 — As the company looks for more outside investors, documents reviewed by The New York Times show consumer fascination with ChatGPT and a serious need for more cash.
More: 9to5Mac, TechCrunch, CNBC, Fortune, Marcus on AI, TechRadar, DNyuz, The Decoder, Benzinga, Neowin, Simon Willison's Weblog, The Verge, The Information, Engadget, and Proactive
Threads: @gruber, @paul_rietschka, @kalihays1, and @benedictevans
X: @annmlipton, @grady_booch, @ccm_brett, @garymarcus, @jason_kint, @jason_kint, @modestproposal1, @modestproposal1, @amir, @mikeisaac, @zerohedge, @modestproposal1, @eringriffith, and @mikeisaac
LinkedIn: Brett Pollak and Pramod Gosavi
Forums: r/Economics and r/singularity
| Reuters: |
Sources: OpenAI expects its revenue to grow to $11.6B in 2025; ChatGPT has 10M paying users and could bring in $2.7B in revenue in 2024, up from $700M in 2023 — Thrive Capital is investing more than $1 billion of OpenAI's current $6.5 billion fundraising round, and it has a sweetener …
X: @cathiedwood and @manan
| New York Times: |
More: Tom's Hardware, TechSpot, Fortune, The Atlantic, Windows Central, and Digital Trends
Mastodon: @LilahTovMoon@tech.lgbt and @jalefkowit@vmst.io
Bluesky: @marsrover.bsky.social, @fluxandflow.bsky.social, @mikal-el.com, @indaindica.bsky.social, and @lifewinning.com
X: @stevelohr, @edzitron, @edzitron, @rahll, and @buccocapital
LinkedIn: Angela Chapman, Amanda Brock, and James Teare
Forums: Hacker News, r/ArtistHate, and r/singularity
| Ricardo Brito / Reuters: |
Court docs: Brazil's Supreme Court say X still needs to pay $5M+ in pending fines, including a new one, before it will be allowed to resume service in Brazil — Brazil's Supreme Court said on Friday that social platform X still needs to pay just over $5 million in pending fines …
More: TechCrunch, The Hill, The Verge, Mashable, Reclaim The Net, Engadget, Bloomberg, Associated Press, CNBC, Agence France-Presse, The Indian Express, Tech Xplore, Benzinga, and Inc.com
X: @globalaffairs and @morningbrew
| Bill Toulas / BleepingComputer: |
The US DOJ charges two Russians for operating $1B+ money laundering services for cybercriminals; one is accused of operating the Joker's Stash marketplace — The U.S. Department of Justice (DoJ) has announced charges against two Russian nationals for operating billion-dollar money laundering services …
More: U.S. Department of State, U.S. Department …, Krebs on Security, US Department of Justice, PCMag, Flashpoint, Cryptopolitan, Coinpedia Fintech News, SecurityWeek, Blockonomi, Bitcoin Insider, crypto.news, Cryptonews, and Decrypt
X: @vxdb, @secretservice, @secretservice, @usattyaber, @stateinl, @darkwebinformer, @edvanews, and @mopeng
LinkedIn: Lance Morginn and Brian Krebs
| Bloomberg: |
Sources: China is discouraging local companies from purchasing Nvidia's H20 chips to help expand the country's semiconductor industry and counter US sanctions — - Nvidia can only sell slower AI chips to China due to US curbs — Beijing is fostering domestic champions like Huawei, Cambricon| Brian Steinberg / Variety: |
Sources: Amazon Prime Video is in talks with veteran anchor Brian Williams to host a live Election Night special, its first entry into news-related programming — Brian Williams may have found his next TV-news job....except it won't be on traditional TV. — The veteran NBC News …
More: Wall Street Journal, Los Angeles Times, TechCrunch, The Hill, The Hollywood Reporter, IJR, Mediaite, Deadline, The Daily Beast, The Verge, TVLine, and DNyuz
Threads: @hbraun.jackson, @stevemberkowitz, @mcbride.david.j, @daveleebbg, and @crumbler. Bluesky: @jeremydstanley.com
| Stephanie Stacey / Financial Times: |
Bumble, Muzz, and Match Group are pushing their friend-finding and community-building products to attract young users hit by so-called dating app fatigue — Bumble and Match Group launch friendship and social products to help reverse post-pandemic slowdown| Steven Levy / Wired: |
Q&A with Trae Stephens, partner at Founders Fund and Executive Chairman of Anduril, on autonomous AI's role in warfare, building a wearable e-reader, and more — He's deep in the defense-startup world as a Founders Fund partner and Anduril cofounder. His bunker, though, isn't fully prepped for the end times.
X: @elkeschwarz, @samuelclay, @matthewboedy, and @knibbs
| Kate Knibbs / Wired: |
A profile of Internet Archive founder Brewster Kahle, as the service fights existential battles over copyright, including from music labels like UMG — The web's collective memory is stored in the servers of the Internet Archive. Legal battles threaten to wipe it all away.
More: Links I Would Gchat …. Threads: @wired. Mastodon: @jawnsy@mastodon.social, @pete@social.coop, and @Jayhoffmann@mastodon.social
X: @xerxesqados, @profwoodward, @deepakadk, @knibbs, @jomc, @ronanbeckman, @lionblogosphere, @neilturkewitz, @lacey9020, and @knibbs
Forums: r/books, r/DataHoarder, and r/technology
| Toby Sterling / Reuters: |
SEMI: China is projected to invest $100B+ on chipmaking equipment from 2025 to 2027, followed by South Korea at $81B, Taiwan at $75B, and the Americas at $63B — Semiconductor manufacturers will spend a record $400 billion on computer chip-making equipment in 2025-2027 … | Lizzi C. Lee / Rest of World: |
Chinese state media has embraced the success of Black Myth: Wukong, a Chinese AAA game that has sold 20M+ copies globally, hailing it as a soft power export — China is changing its long-critical stance thanks to the smash hit, according to Chinese game developers and industry analysts.Sponsor Posts
Meta:
Open Source AI: Available to all, not just the few — Meta's open source AI enables small businesses, start-ups, students, researchers and more to download and build with our models at no cost.
Open Source AI: Available to all, not just the few — Meta's open source AI enables small businesses, start-ups, students, researchers and more to download and build with our models at no cost.
Zoho:
The crossroads of AI and SaaS — Enabling businesses of all sizes to build products in-house and disqualifying SaaS tools that are not AI-powered. In a span of just two years, AI has made a name for itself as the key driver for innovation.
The crossroads of AI and SaaS — Enabling businesses of all sizes to build products in-house and disqualifying SaaS tools that are not AI-powered. In a span of just two years, AI has made a name for itself as the key driver for innovation.
Genesys:
Executive Insights: The Era of Contact Center AI Copilots — How AI copilots are transforming customer experience and agent performance.
Executive Insights: The Era of Contact Center AI Copilots — How AI copilots are transforming customer experience and agent performance.
Tribe AI:
Build AI products that matter — Tribe AI helps organizations rapidly deploy AI solutions that have real business impact. We bring together world class AI talent and tooling to drive differentiated results.
Build AI products that matter — Tribe AI helps organizations rapidly deploy AI solutions that have real business impact. We bring together world class AI talent and tooling to drive differentiated results.Who's Hiring In Tech?
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