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September 29, 2024, 10:45 AM
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| Wall Street Journal: |
A look at challenges to OpenAI becoming a for-profit company, including the complexity of splitting assets with the nonprofit arm, which will continue to exist — Converting from a nonprofit happens rarely, especially for organizations this wealthy. OpenAI has two years to do so.
More: Vox, The Verge, Futurism, and TechCrunch
X: @sigalsamuel and @wsjtech
Forums: r/Futurology and Beehaw
| 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, Benzinga, News.ng, Daily Journal, PhoneArena, AppleInsider, Mashable, iClarified, Neowin, Business Times, iPhone in Canada Blog, Business Today, Reuters, Wccftech, 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: Tom's Guide, CNBC, 9to5Mac, Gizchina.com, Philip Elmer‑DeWitt, The Hill, DNyuz, TechCrunch, Fortune, Marcus on AI, TechRadar, The Decoder, Simon Willison's Weblog, Benzinga, Neowin, The Verge, NBC News, The Information, and Engadget
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, Pramod Gosavi, and Hayden Field
Forums: r/Economics and r/singularity
| Matthew Lynley / Supervised: |
A look at OpenAI's sprawling product portfolio as the startup matures into a real business and runs into the challenges of avoiding product creep — Plus: OpenAI's portfolio is getting a little big. — ∙ Paid — This issue was finished on a mobile device so I apologize ahead of time for any typos and formatting errors.
More: The New Stack
| New York Times: |
More: Breitbart, Tom's Hardware, TechSpot, Windows Central, and Digital Trends
Mastodon: @LilahTovMoon@tech.lgbt and @jalefkowit@vmst.io
Bluesky: @indaindica.bsky.social, @marsrover.bsky.social, @mikal-el.com, @fluxandflow.bsky.social, and @lifewinning.com
X: @stevelohr and @edzitron
LinkedIn: Amanda Brock, James Teare, and Angela Chapman
Forums: Hacker News, r/ArtistHate, and r/singularity
| Jem Aswad / Variety: |
YouTube blocks songs by Adele, Bob Dylan, Green Day, and others in the US, after its music licensing agreement with performing rights organization SESAC expired — Songs by Adele, Bob Dylan, Green Day, R.E.M., Burna Boy, Rush and many others are currently unplayable on YouTube in the U.S. due … | 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 … | Aswath Damodaran / Financial Times: |
NYU professor Aswath Damodaran on an AI bot that is trained on his equity valuation work that is in the public domain, why AI will empower generalists, and more — Whether the risks to jobs is real or not, it behoves us all to act like it is given how consequential the costs could be
X: @tonytassell and @adsinuk
| 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
X: @ft, @shahzadyounas_, and @shahzadyounas_
| Alex Perry / Bloomberg: |
Mark Zuckerberg's personal wealth has climbed almost sixfold to $200B+ in less than two years, buoyed by Meta's record-high share price, which is up 60%+ YTD — - Meta CEO's wealth has jumped sixfold in the past two years — Shares of Meta are trading near record high, up 60% this year| 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, The Hill, Mediaite, TechCrunch, IJR, The Hollywood Reporter, The Verge, The Daily Beast, and TVLine
Threads: @daveleebbg, @mcbride.david.j, @hbraun.jackson, @stevemberkowitz, and @crumbler. Bluesky: @jeremydstanley.com
| 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, @knibbs, @samuelclay, and @matthewboedy
| 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 …, Krebs on Security, US Department of Justice, U.S. Department of State, Flashpoint, and Cryptopolitan
X: @vxdb, @secretservice, @secretservice, @usattyaber, @stateinl, @darkwebinformer, @edvanews, and @mopeng
LinkedIn: Lance Morginn and Brian Krebs
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.
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.
Zoho:
Knowledge management vs. document management — Document management is the process of storing and tracking documented information within the organization, while knowledge management is a more broader approach …
Knowledge management vs. document management — Document management is the process of storing and tracking documented information within the organization, while knowledge management is a more broader approach …
Hamming:
Make AI Voice Agents trustworthy — Hamming AI automatically tests AI voice agents and continuously monitors them in production.
Make AI Voice Agents trustworthy — Hamming AI automatically tests AI voice agents and continuously monitors them in production.Who's Hiring In Tech?
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X: @blockworks_, @0xgoku_, @0xgoku_, @0xgoku_, @0xgoku_, @spreekaway, and @secgov