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September 29, 2024, 3:45 AM
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memeorandum
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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, Wall Street Journal, 9to5Mac, News.ng, Daily Journal, PhoneArena, AppleInsider, Mashable, iClarified, Neowin, Business Times, iPhone in Canada Blog, Business Today, Reuters, Wccftech, Benzinga, NewsBytes, Business Insider, and Deccan Herald
Threads: @72mena and @firerock31
| 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 and Forbes
| 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: @manan and @cathiedwood
| New York Times: |
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LinkedIn: Amanda Brock, James Teare, and Angela Chapman
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| New York Times: |
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LinkedIn: Brett Pollak and Pramod Gosavi
Forums: r/Economics 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 … | 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, PCMag, Flashpoint, Cryptopolitan, Coinpedia Fintech News, SecurityWeek, Blockonomi, Bitcoin Insider, crypto.news, and Bitcoin News
X: @vxdb, @secretservice, @secretservice, @usattyaber, @stateinl, @darkwebinformer, @edvanews, and @mopeng
LinkedIn: Lance Morginn and Brian Krebs
| 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| 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 …
More: The Wrap, 9to5Google, The Hollywood Reporter, The Verge, Deadline, and NewsBytes
| 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
| 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: Los Angeles Times, Wall Street Journal, TechCrunch, The Hill, Mediaite, IJR, The Hollywood Reporter, The Daily Beast, The Verge, and TVLine
Threads: @crumbler, @daveleebbg, @mcbride.david.j, @hbraun.jackson, and @stevemberkowitz. 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| 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
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