Techmeme
July 17, 2024, 9:05 AM

Top News

Marina Temkin / TechCrunch:
On their podcast, Marc Andreessen and Ben Horowitz explain why they are backing Trump, say Trump is pro-crypto, Biden's overregulation harms startups, and more  —  Marc Andreessen, the co-founder of one of the most prominent venture capital firms in Silicon Valley, says he's been a Democrat most of his life.
The Information:
Marc Andreessen and Ben Horowitz say Trump is the right choice for “Little Tech”; sources say they plan to make large donations to PACs supporting his campaign  —  Venture capital bigwigs Marc Andreessen and Ben Horowitz have told staff at Andreessen Horowitz that they plan …
New York Times:
Reuters:
Sources: GitLab, which has an ~$8B market cap, is exploring a sale after attracting interest from its peers, including Datadog, which has a $44B market cap  —  GitLab (GTLB.O), a U.S. provider of cloud-based software development tools whose investors include Google parent Alphabet (GOOGL.O) …
Bloomberg:
Donald Trump says “I'm for TikTok, because you need competition”, and “if you don't have TikTok, you have Facebook and Instagram” and “that's Zuckerberg”  —  It's late June, and Donald Trump is plotting his next presidency in the gilded offseason isolation of the Mar-a-Lago Club.
Laura Waxmann / San Francisco Chronicle:
Elon Musk says he plans to move X's headquarters to Austin, after he protested a new California law that bans schools' transgender notification policies  —  San Francisco real estate market participants confirmed last week that a majority of the Market Street headquarters of X Corp. …
Emilia David / VentureBeat:
Mistral launches two 7B LLMs: Codestral Mamba, for code generation, based on the Mamba architecture, and Mathstral, for math reasoning and scientific discovery  —  The well-funded French AI startup Mistral, known for its powerful open source AI models, launched two new entries in its growing family …
Akash Sriram / Reuters:
Andrej Karpathy, an OpenAI co-founder and former head of Tesla's autopilot unit, unveils Eureka Labs, a “new kind of school” aiming to support teachers with AI  —  Computer scientist Andrej Karpathy announced on Tuesday that he was starting an AI-integrated education platform named Eureka Labs …
Arjun Kharpal / CNBC:
ASML reports Q2 net sales down 9.5% YoY to €6.2B, vs. €6B est., net income down 18.7% YoY to €1.6B, vs. €1.4B est., expects 2024 total net sales similar to 2023  —  ASML reported second-quarter earnings and sales that beat forecasts, as interest in artificial intelligence chips drives …
Bloomberg:
Sources: the US is mulling imposing the foreign direct product rule, seen as draconian by allies, on Tokyo Electron and ASML's chip equipment business in China  —  - Restrictions would hit technology from Tokyo Electron and ASML  — US companies like Lam have urged softer approach in meetings
Allison Johnson / The Verge:
Hands-on with the Samsung Galaxy Z Fold6's AI-generated “sketch to image” tool: turns rough sketches into images, ridiculous, fun, and slightly worrying  —  The pirate ship in Elliott Bay was one thing, but it was a little blurry bee that sent me over the edge.
Proof:
Investigation: Apple, Nvidia, Anthropic, and others trained their AI on a dataset containing YouTube video transcripts, including from the WSJ, MrBeast, and MIT  —  Creators claim their videos were used without their knowledge  —  AI companies are generally secretive about their sources of training data …
Samuel Stolton / Bloomberg:
The EU's General Court says TikTok is large enough to fall under the DMA, rejecting ByteDance's challenge; ByteDance can appeal to the European Court of Justice  —  - TikTok attempt to avoid EU's Digital Markets Act is dismissed  — Chinese-owned social media giant also risks ban in the US

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More News

The Verge:
More: 9to5Toys and Tedium
Threads: @jonporterukMastodon: @ernie@writing.exchangeX: @tomwarrenLinkedIn: Julian Fest

Earlier Picks

Kamila Wojciechowska / Android Authority:
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