Techmeme
September 11, 2024, 5:35 PM

Top News

Bloomberg:
Sources: OpenAI is in talks to raise $6.5B in equity financing at a $150B valuation and raise $5B in debt from banks in the form of a revolving credit facility  —  - Company set to raise $6.5 billion in equity financing  — Banks also in talks to issue startup $5 billion in debt
Ben Schoon / 9to5Google:
Google partners with The Internet Archive to link to the Wayback Machine in Search, letting users view archived versions of webpages under “About this page”  —  Rolling out starting today, Google Search results will now directly link to The Internet Archive to add historical context for the links in your results.
Maxwell Zeff / TechCrunch:
Adobe says generative AI features powered by its Firefly Video model will be available before the end of 2024 on the Premiere Pro beta app and on a free website  —  Users will get their first chance to try out Adobe's AI model for video generation in just a couple months.
Aisha Malik / TechCrunch:
Google adds Audio Overview to NotebookLM, letting users turn documents into audio discussions with two AI hosts that summarize and explain the source material  —  Google announced on Wednesday that its AI note-taking and research app, NotebookLM, is adding a new “audio conversations” feature.
Sarah Perez / TechCrunch:
Bluesky rolls out the ability to post videos of up to 60 seconds with optional attached subtitles; each post can contain one video, and adult content is allowed  —  Bluesky, the social networking startup now nearing 10 million users thanks to X's ban in Brazil, will now allow users to share videos …
Kevin Breuninger / CNBC:
Shares of Truth Social owner Trump Media closed down over 10% after Trump's debate with Harris, ending at their lowest level since they began publicly trading  —  The share price of Trump Media plunged more than 10% on Wednesday, a day after majority shareholder Donald Trump gave …
Jake Evans / ABC:
Meta admits to scraping every Australian adult Facebook user's public data to train AI, with no opt-out option as it is not required to do so under privacy law  —  In short:  —  Facebook is scraping the public data of all Australian adults on the platform, it has acknowledged in an inquiry.
Kyle Wiggers / TechCrunch:
Taylor Swift / Taylor Swift on Instagram:
Taylor Swift says she's voting for Kamala Harris, noting that Donald Trump sharing an AI-generated image of her “endorsing” him prompted her to reveal her plans  —  Like many of you, I watched the debate tonight.  If you haven't already, now is a great time to do your research …
More: Bloomberg, PCMag, The Guardian, Forbes, Ars Technica, NPR, Business Insider, The Verge, Rolling Stone, Inc.com, TIME, TechCrunch, USA Today, NBC New York, The Drum, Cryptopolitan, Perez Hilton, them., Vox, The Hollywood Reporter, The Bulwark, Washington Post, NME, New York Times, INTO, 404 Media, CyberScoop, Chicago Sun Times, Billboard, Quartz, Decrypt, PetaPixel, ComingSoon.net, Fortune, CNN, GreenBot, Silicon Republic, Business Insider, Wall Street Journal, Hollywood Life, NBC News, ComingSoon.net, INTO, People, Bloomberg, Cosmopolitan, Entrepreneur, STAT, Page Six, New York Daily News, Music Ally, Variety, New York Post, The Decoder, Mediaite, VentureBeat, Advocate, Daily Mail, PR Daily, ABC7, HELLO!, Crypto Adventure, CNET, The Daily Dot, Futurism, Gizmodo, Entertainment Weekly, The Sun, Financial Times, The Present Age, Reuters, Politico, CoinDesk, MSNBC, WGN-TV, KHOU-TV, HuffPost, Rolling Stone, The Hollywood Reporter, Deadline, graziadaily.co.uk, and PoliticusUSA
Aisha S Gani / Bloomberg:
A surge in alleged scams poses a serious image problem for Revolut, which faces more complaints than all its UK rivals facing authorized push payment scams  —  The $45 billion challenger bank says it's committed to tackling online fraud as it seeks ‘exponential’ growth.
Kyle Wiggers / TechCrunch:
Sergey Brin says he's working at Google “pretty much every day” and that AI algorithmic improvements are “even outpacing the increased compute” put into models  —  Google co-founder and ex-Alphabet president Sergey Brin said he's back working at Google “pretty much every day” …

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Lauren Feiner / The Verge:
Brianna Sacks / Washington Post:
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Earlier Picks

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Arjun Kharpal / CNBC: