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February 6, 2025, 9:30 AM
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| Maxwell Zeff / TechCrunch: |
Stanford and University of Washington AI researchers claim they trained AI reasoning model s1, distilled from a Gemini 2.0 model, for under $50 in cloud compute — AI researchers at Stanford and the University of Washington were able to train an AI “reasoning” model for under $50 in cloud compute credits …
More: simplescaling on GitHub, arXiv.org, AI Daily News, Sherwood News, WinBuzzer, Tech in Asia, Yahoo Finance, AIwire, and Simon Willison's Weblog
Bluesky: @edzitron.com, @khunger, and @gcampax.com
| Miles Kruppa / Wall Street Journal: |
Email: Google eliminates its goal of hiring more employees from historically underrepresented groups and is reviewing some DEI programs after Donald Trump's EOs — Search giant is eliminating goals to hire more minority employees and reviewing DEI programs, part of a pullback across Silicon Valley
More: The Verge, The Standard, New York Times, POCIT, The Guardian, CNBC, Newser, Personnel Today, Fortune, The Independent, Silicon Republic, PinkNews, Werd I/O, Reuters, BetaNews, Proactive, Mashable, Moneycontrol, TipRanks Financial, News18, TechSpot, Novinite.com, Financial Express, Mobile World Live, Los Angeles Times, The Gateway Pundit, Benzinga, National Review, HotAir, NBC News, The Daily Wire, Washington Post, Washington Examiner, Forbes, Engadget, New York Post, Business Insider, Fox Business, TechCrunch, Quartz, The Information, ZeroHedge News, Mediaite, Seeking Alpha, Blaze Media, KRON4, Axios, Bloomberg, The Hill, and Tech in Asia
LinkedIn: Alex Heath and Lisa Haley
Forums: Hacker News, r/politics, r/technology, and r/womenintech
| Emma Roth / The Verge: |
OpenAI opens ChatGPT search to users who are not logged in, after launching it to paying subscribers in October 2024 and logged-in users in December 2024 — OpenAI is making its AI search engine more accessible. — OpenAI is making its AI search engine more accessible.
More: TechCrunch, Business Standard, International Business Times, BGR, The Decoder, Laptop Mag, The Indian Express, MacRumors, Tom's Guide, TestingCatalog, Neowin, PhoneArena, Digit, Hindustan Times, Maginative, Digital Trends, How-To Geek, Android Authority, ZDNET, Mashable, Engadget, and Search Engine Land. X: @openai
| Stephen Nellis / Reuters: |
Qualcomm CEO Cristiano Amon says Arm has withdrawn its October 2024 breach notice against Qualcomm and Arm no longer plans to end its Qualcomm license agreement — Qualcomm's (QCOM.O) Chief Executive Officer Cristiano Amon on Wednesday said Arm Holdings (O9Ty.F) has withdrawn a threat …
More: The Verge, The Register, PCWorld, PC Gamer, Android Headlines, and Thurrott
| Max A. Cherney / Reuters: |
Arm reports Q3 revenue up 19% YoY to $983M, vs. $946.7M est., royalty revenue up 23% YoY to $580M, and lowers is FY revenue guidance; ARM drops 5%+ — Chip tech provider Arm Holdings (O9Ty.F), said on Wednesday it will no longer meet the top end of its previous full-year guidance …
More: Digits to Dollars, Tech Monitor, Arm Newsroom, Euronews, Reuters, More Than Moore, Financial Times, Benzinga, Yahoo Finance, The Times, Bloomberg, and Tech in Asia
X: @beth_kindig, @thetranscript_, @beth_kindig, and @arm
| Cecilia D'Anastasio / Bloomberg: |
Roblox reports Q4 revenue up 32% to $988.2M, bookings up 21% YoY to $1.36B, below est., DAUs up 19% YoY to 85.3M, below 88.4M est.; RBLX falls 20%+ pre-market — The number of daily active users rose to 85.3 million in the three months ended Dec. 31, versus Wall Street forecasts for 88.4 million.| Greg Bensinger / Reuters: |
Amazon announces an Alexa-focused event on February 26 in New York; sources say the company will preview its long-delayed Alexa generative AI revamp — Amazon (AMZN.O) is set to release its long-awaited - and delayed - Alexa generative artificial intelligence voice service …
More: The Verge, The Verge, 9to5Mac, Business Today, Business Standard, TechRadar, Tom's Guide, Ghacks, Music Ally, PhoneArena, Phandroid, Android Police, Benzinga, Neowin, Financial Express, MacRumors, SiliconANGLE, iPhone in Canada Blog, iClarified, VICE, MobileSyrup, AFTVnews, PYMNTS.com, Cord Cutters News, TechCrunch, Android Authority, Trusted Reviews, CNBC, Tech in Asia, The Shortcut, 9to5Toys, TechRadar, Android Headlines, and Engadget. Forums: MacRumors Forums
| Wall Street Journal: |
Sources: OpenAI is expected to air its first TV ad during Super Bowl LIX; MediaRadar says AI companies spent $332M on ads in 2024, over double their 2023 spend — The TV spot marks the artificial-intelligence company's biggest foray into consumer advertising to date| Politico: |
The Senate Commerce Committee approves the Kids Off Social Media Act to ban under-13s from social media, clearing the way for consideration by the Senate — The Senate Commerce Committee approved legislation Wednesday to ban children under 13 from social media.| Bill Toulas / BleepingComputer: |
Kaspersky researchers found apps in Google's Play Store and Apple's App Store that use OCR to steal crypto wallet recovery phrases from images on users' devices — Android and iOS apps on the Google Play Store and Apple App Store contain a malicious software development kit (SDK) …
More: Securelist, Moneycontrol, The Verge, MacRumors, Business Standard, PhoneArena, BGR, Wccftech, Digit, Gizchina.com, Lifehacker, Engadget, Decrypt, 9to5Mac, Android Police, and crypto.news
Forums: r/ios, r/apple, r/technology, and r/technews
| Henry Stockdale / UploadVR: |
Interviews with nearly two dozen VR studios on shipping games on Quest, Meta's increased focus on Horizon Worlds, concerns over declining game sales, and more — With concerns about declining sales and discoverability, UploadVR spoke with nearly two dozen VR studios to discuss the state of VR development for Quest.
Bluesky: @jamesoloughlin, @jamesoloughlin, @jamesoloughlin, and @qualbert.com
| Brent Crane / Bloomberg: |
A profile of Joseph Firmage, who founded USWeb, which went public with a $2.5B market cap in 1997, and is now being sued by “antigravity-machine” investors — Joseph Firmage helped create today's digital economy. These days, he's being sued by antigravity-machine investors … | Anton Shilov / Tom's Hardware: |
In Q4 2024, AMD's data center business outsold Intel for the first time, with $3.86B in revenue, up 69% YoY, to Intel's $3.4B, but analysts expected more sales — But sales of Instinct GPUs disappoint. — AMD on Tuesday announced its financial results for the fourth quarter of 2024 and for the whole year.| Bloomberg: |
Sources: Andy Jassy's campaign to flatten Amazon's middle management raises fears among staff of lean years and fewer promotions, as old career paths dry up — Campaign to restructure workforce is capitalizing on a moment when return-to-office policies are more common and the technology job market is cooling off.| Laura Dubois / Financial Times: |
Documents: EU prosecutors are probing how Atos' Moscow office helped build the EU's border system, which will establish the EU's largest personal info database — Investigation examines how French IT group Atos used Moscow office for sensitive European computer project| Jagmeet Singh / TechCrunch: |
TrueFoundry, which helps enterprises deploy AI systems at scale, raised $19M led by Intel Capital, taking its total funding to $21M, and claims 30 customers — TrueFoundry, a startup run by a group of former Meta engineers to help enterprises deploy AI systems at scale, has raised $19 million in fresh investment led by Intel Capital.
More: TrueFoundry
| Casey Hall / Reuters: |
Trump's de minimis cancellation is likely to hit Shein harder than online dollar-store Temu, which has shifted to an Amazon-like bulk overseas shipment strategy — The Trump administration move to stop low-cost imports entering the U.S. tariff-free is likely to hit fast fashion retailer Shein harder …
More: Rest of World, User Mag, ABC, CNBC, Business Insider, CBS News, Wall Street Journal, New York Post, Los Angeles Times, TechSpot, Daily Sabah, Forbes, ZeroHedge News, RTÉ, Reuters, and Semafor
| Bill Toulas / BleepingComputer: |
Spanish police arrest a hacker for allegedly conducting 40 cyberattacks on critical public and private organizations, seizing 50 crypto accounts, PCs, and more — The Spanish police have arrested a suspected hacker in Alicante for allegedly conducting 40 cyberattacks targeting critical public … | Kate Clark / Bloomberg: |
SEC filing: Sequoia's evergreen fund has grown to $19.6B, up from $13.6B in early 2023, a signal that the firm continues to grow despite a VC funding slowdown — The fund's total includes new cash commitments, shares of now-public companies that Sequoia previously backed and cash returns from mergers and acquisitions.| Wall Street Journal: |
Sources: banks sold $5.5B in debt that X borrowed, at $0.97 on the dollar, after strong investor demand; they had planned to sell ~$3B at ~$0.95 on the dollar — X CEO tells investors that the financial health of social-media company is improving — Elon Musk's power in Washington …
More: DNyuz, Reuters, Financial Times, Benzinga, The Information, Forbes, New York Post, and Bloomberg
Forums: r/teslainvestorsclub and r/neoliberal
| Kate King / Wall Street Journal: |
Amazon has shrunk its Amazon Go store portfolio by ~50% since early 2023 to 16 stores in four US states, as its efforts to compete in physical retail falter — The e-commerce giant is closing more of its convenience stores; 'I don't think they really understand retail,' a consultant saysSponsor Posts
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