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September 21, 2024, 6:15 AM
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| Wall Street Journal: |
Sources: Qualcomm made a takeover approach to Intel in recent days, but a deal is far from certain; Intel's market cap is ~$93B and Qualcomm's is ~$188B — A deal for Intel would be massive and come at a time when the chip maker is sputtering.
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Forums: Hacker News, r/intel, r/AMD_Stock, r/wallstreetbets, and r/technology
| Jonathan Stempel / Reuters: |
Filing: the US SEC says it intends to seek sanctions against Elon Musk for failing to appear for scheduled testimony for a probe into his $44B Twitter takeover — The U.S. Securities and Exchange Commission said on Friday it intends to seek sanctions against Elon Musk after he failed to appear …
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| Brian Heater / TechCrunch: |
Hands on with Plaud's ChatGPT-powered NotePin: deliberate design that uses tap to trigger the device, can manage multiple speakers in 59 languages, and more — The Plaud.AI pin took up mercifully little space in my carry-on. It also presented an opportunity to kill two birds … | Bastian Benrath-Wright / Bloomberg: |
JPMorgan, Visa, and other financial firms join Project Agora, a blockchain-based project by Bank for International Settlements to overhaul cross-border payments — - Seven central banks from US, euro area, Japan also particiapte — Bank for International Settlements runs project with IIF
More: Bank for International Settlements, Bank for International Settlements, Decrypt, and PYMNTS.com
LinkedIn: Tom Zschach, Michael Junho Lee, and Patrick McConnell
| Kylie Robison / The Verge: |
Email: Linda Yaccarino announces X is launching a “video tab” feature and an X-exclusive women's soccer reality show, The Offseason, produced by Alexis Ohanian — In a late Friday email, X CEO Linda Yaccarino announced the launch of a new “video tab” feature … | Timothy B Lee / Understanding AI: |
OpenAI's o1 models are dramatically better at reasoning than previous LLMs, but they struggle with spatial reasoning and are far from human-level intelligence — It's not easy to stump OpenAI's new o1 models. … You might remember around Thanksgiving last year when news broke about Q* …
More: ZDNET, Vox, VentureBeat, and Business Insider
| Feliz Solomon / Wall Street Journal: |
A profile of Santa Clara County Deputy DA Erin West, whose team clawed back ~$3M stolen from 26 US pig butchering victims, as she works to improve enforcement — Prosecutor Erin West has been one of the few to have any success against the criminals perpetrating a new type of fraud
LinkedIn: C. Kelly Bissell
| Politico: |
Nick Clegg criticized Rishi Sunak's doomerism after the PM held a summit on AI safety, saying Britain “wasted a huge amount of time” focusing on the risks of AI — The Meta exec and former deputy PM said Britain had “wasted a huge amount of time” focusing on the gloomy risks of artificial intelligence.
More: Politico. Bluesky: @northernwrites.bsky.social. X: @politicoeurope, @breakingryan1, and @politlcsuk
| Meir Orbach / CTech: |
Intezer, which develops AI-powered tools for autonomous security operations, raised a $33M Series C led by Norwest Venture Partners, taking total raised to $60M — The startups's Autonomous SOC platform uses AI models to simulate human analysts' decision-making process, effectively functioning as an extension of the security team.| Josh Scott / BetaKit: |
Motion, which sells analytics and research tools for creative strategists, raised a $30M Series B led by Inovia Capital, bringing its total funding to $42M — Inovia-backed startup's software enables creative strategists to turn data into ad ideas. — Toronto-based advertising technology startup Motion … | Daniel Cancel / Bloomberg: |
Brazil-based Cayena, which operates a marketplace to connect suppliers and buyers in the wholesale food industry, raised a $55M Series B led by Bicycle Capital — The Brazilian startup helps streamline transactions between suppliers and buyers in the wholesale food industry.
LinkedIn: Daniel Cancel and Raymond Shayo
| Ingrid Lunden / TechCrunch: |
Sources: Black Forest Labs, whose Flux.1 model powers Grok's image generator, is raising $100M at a $1B valuation; it came out of stealth with $31M in August — While OpenAI pursues yet another monster fundraise, it is not stealing all the oxygen in the room: AI startups building promising …
X: @mattrosoff
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