Techmeme
September 30, 2024, 9:15 PM

Top News

CNBC:
AI chip startup Cerebras Systems files for an IPO, with plans to trade on the Nasdaq as CBRS, and reports a net loss of $66.6M on $136.4M in sales in H1 2024  —  Artificial intelligence chip startup Cerebras Systems on Monday filed its prospectus for an initial public offering …
Reuters:
Epic files a CA lawsuit accusing Samsung and Google of colluding to deter users from rival app stores via Samsung's Auto Blocker, and plans to speak to the EU  —  “Fortnite” video game maker Epic Games on Monday accused Alphabet's Google (GOOGL.O) and Samsung (005930.KS) …
Jay Peters / The Verge:
Reddit moderators must now submit a request to Reddit staff before changing a subreddit's public/private status, making sitewide mod-led protests much harder  —  Reddit is giving its staff a lot more power over the communities on its platform.  Starting today, Reddit moderators will not be able …
The Information:
Source: SoftBank's Vision Fund has agreed to invest $500M in OpenAI's latest funding round, SoftBank's first investment in OpenAI, which is raising $6.5B  —  SoftBank's Vision Fund has agreed to invest $500 million in OpenAI's latest funding round, which values the developer of ChatGPT …
M.G. Siegler / Spyglass:
Thoughts on OpenAI's recent fundraise reports and how Apple reportedly backing out, while still using ChatGPT for Apple Intelligence, may lead to awkward deals  —  Thinking through their numbers and those deal terms...  While they published this on Friday - before the subsequent WSJ report …
Carl Franzen / VentureBeat:
MIT spinoff Liquid AI debuts its non-transformer AI models LFM 1B, 3B, and 40B MoE, and claims they achieve “state-of-the-art performance at every scale”  —  Liquid AI, a startup co-founded by former researchers from the Massachusetts Institute of Technology (MIT) …
Simon Willison / Simon Willison's Weblog:
Notes on Google NotebookLM's Audio Overview feature, which generates a podcast with two AI hosts discussing user-provided content and is surprisingly effective  —  Audio Overview is a fun new feature of Google's NotebookLM which is getting a lot of attention right now.
Jason Koebler / 404 Media:
Sergiu Gatlan / BleepingComputer:
The FCC announces a $31.5M settlement with T-Mobile over four data breaches, in 2021, 2022, and 2023, that compromised personal info of millions of US customers  —  The Federal Communications Commission (FCC) announced a $31.5 million settlement with T-Mobile over multiple data breaches …
Chance Miller / 9to5Mac:
Verizon says its network is functional again, following a massive outage that affected Verizon customers for hours on September 30 in the US  —  Update 5:38 p.m. ET: Verizon is slowly fixing the ongoing outage.  In a new statement, the company says: “Verizon engineers are making progress …
Umar Shakir / The Verge:
YouTube reaches a deal with SESAC that will bring back songs by Adele, Bob Dylan, Nirvana, and others that were removed over the weekend in the US  —  YouTube has reached a deal with the music licensing organization SESAC that will bring back songs that were removed over the weekend.
Jody Godoy / Reuters:
A US court awards Amazon a partial dismissal of FTC's lawsuit accusing it of illegal monopolies, in a sealed ruling whose details weren't immediately clear  —  Amazon.com Inc (AMZN.O) won partial dismissal of a U.S. Federal Trade Commission's lawsuit accusing it of maintaining illegal monopolies …

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Earlier Picks

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Reuters:
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