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September 20, 2024, 8:40 PM
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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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X: @matthewstoller, @austinnotduncan, @profpaulnary, @daniel_rubino, @mgsiegler, @thekenyeung, @zacbowden, @cnbcovertime, @danielnewmanuv, @dylan522p, @tomwarren, @iancutress, and @benbajarin
Forums: Hacker News, r/wallstreetbets, r/technology, r/intel, r/wallstreetbets, and r/AMD_Stock
| Bloomberg: |
Constellation Energy plans to invest $1.6B to revive the Three Mile Island nuclear plant in Pennsylvania and sell all the output to Microsoft for data centers — Constellation to invest $1.6 billion to restart dormant reactor as data-center power demand surges.
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LinkedIn: Christopher Stephens, Jerrold Vincent, Robert Ong, Ville Tulkki, Peter Steiner, and Serge Tismen
Forums: r/technews, r/Economics, r/economy, r/environment, and r/politics
| 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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| Olena Harmash / Reuters: |
Ukraine bans the use of Telegram on official devices used by state officials, military personnel, and critical workers over fears of Russian spying — Ukraine has banned use of the Telegram messaging app on official devices used by state officials, military personnel and critical workers …
More: SC Media, BleepingComputer, SecurityWeek, PCMag, Semafor, UPI, The Cyber Express, The Record, Radio Free Europe/Radio …, and The Kyiv Independent. Forums: r/worldnews
| 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: Vox, ZDNET, and VentureBeat
| Samuel Stolton / Bloomberg: |
Sources: EU officials are preparing formal charges against Google under the DMA, targeting how it displays rival product results across its search services — - Google risks hefty fines if it fails to address EU concerns — Regulators are set to issue warning under Digital Markets Act| Ash Parrish / The Verge: |
Twitch changes how it enforces its community guidelines: strikes for some offenses will depreciate over time, users will get more info about strikes, and more — Twitch is changing the way it enforces its community guidelines. In an announcement posted on its website … | 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
| Sarah Perez / TechCrunch: |
Tumblr says it has seen a 222.99% growth in communities and a 349.55% growth in users since the X ban in Brazil, with DAUs up 30% from the 110K prior to the ban — Bluesky isn't the only social networking service to benefit from X's ban in Brazil, now under legal penalties.| Kalley Huang / The Information: |
Source: most daily users of Meta AI use it via WhatsApp, followed by Facebook, and few via Instagram; the vast majority of Meta AI's users are outside of the US — A year after Meta Platforms introduced its artificial intelligence assistant, a picture is emerging of how people are using it … | George Hammond / Financial Times: |
Sources: Thrive Capital has already provided $1B+ to OpenAI as part of the $6.5B round; OpenAI's existing backers a16z and Sequoia Capital are not participating — Venture groups believe ChatGPT-maker will eventually be the world's dominant AI company and worth trillions of dollars
More: Axios, Windows Central, The Information, Benzinga, and The Decoder
| Bloomberg: |
A profile of Xbox President Sarah Bond, who helped mollify the UK CMA's concerns about the Activision acquisition and is leading the Xbox unit's transformation — A relative outsider, Sarah Bond is leading a high-stakes transformation of a company that's lagging behind Sony and Nintendo.
More: The Information, Gameranx, Metro.co.uk, TweakTown, and Pure Xbox
| Avi Ben-Hutta / Coverager: |
Functional Finance, which offers financial operations software for managing general agents, insurers, and wholesalers, raised a $20M Series A led by Walkabout — Functional Finance, a software platform “revolutionizing financial operations” for managing general agents, insurance companies … | Leah Nylen / Bloomberg: |
The judge overseeing the Google ad trial calls Google's testimony that it faces “fierce competition” from the likes of Microsoft and Meta “highly questionable” — - Search giant starts defense in antitrust ad tech lawsuit — Justice Department alleges company monopolized several marketsSponsor Posts
Meta:
Open Source AI: Available to all, not just the few — Meta's open source AI enables small businesses, start-ups, students, researchers and more to download and build with our models at no cost.
Open Source AI: Available to all, not just the few — Meta's open source AI enables small businesses, start-ups, students, researchers and more to download and build with our models at no cost.
Zoho:
The crossroads of AI and SaaS — Enabling businesses of all sizes to build products in-house and disqualifying SaaS tools that are not AI-powered. In a span of just two years, AI has made a name for itself as the key driver for innovation.
The crossroads of AI and SaaS — Enabling businesses of all sizes to build products in-house and disqualifying SaaS tools that are not AI-powered. In a span of just two years, AI has made a name for itself as the key driver for innovation.
Genesys:
Executive Insights: The Era of Contact Center AI Copilots — How AI copilots are transforming customer experience and agent performance.
Executive Insights: The Era of Contact Center AI Copilots — How AI copilots are transforming customer experience and agent performance.
Tribe AI:
Build AI products that matter — Tribe AI helps organizations rapidly deploy AI solutions that have real business impact. We bring together world class AI talent and tooling to drive differentiated results.
Build AI products that matter — Tribe AI helps organizations rapidly deploy AI solutions that have real business impact. We bring together world class AI talent and tooling to drive differentiated results.Who's Hiring In Tech?
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