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October 3, 2024, 6:30 PM
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| Hayden Field / CNBC: |
OpenAI gets a $4B revolving line of credit from JPMorgan Chase, Citi, Goldman Sachs, and others, on top of the $6.6B in funding, bringing its liquidity to $10B+ — OpenAI has a $4 billion revolving line of credit, bringing its total liquidity to more than $10 billion, CNBC has learned.
More: OpenAI, PYMNTS.com, The Information, San Francisco Business Times, New York Times, Reuters, Bloomberg, Bloomberg, TechCrunch, CoinGape, Engadget, and Quartz
X: @ericgarland, @ryan_browne_, @amir, @togelius, @semil, @beth_kindig, @haydenfield, @bgurley, @beth_kindig, @morningbrew, @emostaque, @rohanpaul_ai, @grady_booch, @andrewcurran_, and @divestech. Forums: Slashdot
| Rachel Metz / Bloomberg: |
How Sam Altman concentrated his power as OpenAI's CEO since he was fired and rehired 11 months ago; source: Altman is not looking to hire a CTO for now — Five years ago, OpenAI was a scrappy startup run by a handful of executives, with a heavy emphasis on research.
More: Legit.ng, The Verge, and Business Insider
X: @edludlow, @rachelmetz, @besttrousers, and @tunguz
| Ina Fried / Axios: |
More: TechCrunch, The Information, Reuters, OpenAI, Pivot to AI, Reuters, Wall Street Journal, Ed Zitron's Where's Your Ed At, CNBC, The Guardian, PYMNTS.com, Computerworld, Business Insider, Investor's Business Daily, Axios, Spyglass, Forbes, The Ankler, Futurism, Quartz, Android Headlines, Business Insider, CCN.com, Tech Funding News, The Express Tribune, Barron's Online, Light Reading, The Mirror, AIM, Sector 6, DatacenterDynamics, Entrepreneur, Windows Central, Interesting Engineering, Digital Trends, Tech Monitor, Inc.com, ITPro, Watcher Guru, Bloomberg, Financial Times, The Verge, Livemint, Business Insider, The Information, The Information, San Francisco Business Times, Deadline, Futurism, Quartz, and Financial Times
Threads: @alexkantrowitz. Bluesky: @glinden.bsky.social. X: @garymarcus, @edzitron, @garymarcus, @jason, @danprimack, @edzitron, @modestproposal1, @elonmusk, @danprimack, @kateclarktweets, @alice_comfy, @coryweinberg, @stephenfleming, @azeem, @peter_atwater, @scobleizer, @andrewcurran_, @amitisinvesting, and @jason
LinkedIn: Emil Protalinski and Matt Kroll
Forums: r/OpenAI, r/mlscaling, and r/singularity
| Emma Roth / The Verge: |
Google updates Lens to let users take a video and use their voice to search, showing an AI Overview and search results, rolling out to Search Labs on mobile — If you can't capture what you want to search for with just a picture, Google Lens will now let you take a video — and even use your voice to ask about what you're seeing.
More: The Keyword, How-To Geek, The Keyword, SiliconANGLE, ZDNET, MacRumors, Wired, Associated Press, The Keyword, Google Help Center, Laptop Mag, Neowin, Techstrong.ai, Android Central, MediaPost, Yahoo Finance, Trusted Reviews, The Register, Mashable, BGR, BBC, TechCrunch, Engadget, Business Insider, 9to5Google, Android Police, Tom's Guide, Android Authority, The Independent, TechRadar, Digital Trends, Search Engine Land, and iPhone in Canada Blog
LinkedIn: Rachel Gruner and Robby Stein
| Emma Roth / The Verge: |
Google rolls out ads in AI Overviews for when a user's question has a “commercial angle”, and identifies the ads with a “sponsored” header, on mobile in the US — Google is rolling out ads in AI Overviews, which means you'll now start seeing products in some of the search engine's AI-generated summaries.
More: Google, Semafor, XDA Developers, Thurrott, Fortune, The Drum, Search Engine Journal, The Information, and Search Engine Land
| Kyle Wiggers / TechCrunch: |
| Maxwell Zeff / TechCrunch: |
OpenAI introduces canvas, a beta interface for Plus and Teams users that opens a separate window, beside the normal chat window, for writing and coding projects — OpenAI introduced a new way to interact with ChatGPT on Thursday: an interface it calls “canvas.”
More: OpenAI, Fast Company, Mashable, Unite.AI, VentureBeat, TestingCatalog, The Decoder, Neowin, Tom's Guide, Wired, Maginative, ZDNET, Every, Digital Trends, and GreenBot
X: @openai, @karinanguyen_, @btibor91, @sama, @altcap, @openai, @sama, @yoheinakajima, @rowancheung, @localghost, @itsurboyevan, @andrewcurran_, @bilawalsidhu, @pranaveight, @noahlt, @emollick, @danielmiessler, @openaidevs, @nbashaw, @openai, @sulmanrc, @openai, @ryanmorrisonjer, @stokel, @emollick, @bradlightcap, @iansilber, @maxwinebach, @romainhuet, @benjamindekr, @paul_cal, @ctjlewis, @morqon, @reece___rogers, @_jasonwei, @deedydas, @ericsmith1302, and @gdb. LinkedIn: Daniel Levine
| Katrina Manson / Bloomberg: |
The US and Microsoft seize 107 websites used by Russian intelligence agents and their proxies in the US operating under Star Blizzard, a group active since 2016 — - Russian group Star Blizzard targeted civil society, US says — Group has conducted election influence operations in UK| Filipe Espósito / 9to5Mac: |
Sources: the iPhone SE 4, coming in spring, will have Apple's first 5G modem, A18 and 8GB of RAM to enable Apple Intelligence, and same rear camera as iPhone 15 — Apple has been working on a new generation of the iPhone SE, and a recent Bloomberg report revealed that it should be introduced …
More: MacRumors, MacRumors, BGR, 9to5Google, MacDailyNews, and iPhone in Canada Blog
| Sarah Perez / TechCrunch: |
YouTube updates Shorts with the ability for creators to upload up to three-minute videos, a streamlined Shorts player, templates, and a new trends mobile page — YouTube on Thursday announced a series of updates for its short-form video product, YouTube Shorts.| Ivan Mehta / TechCrunch: |
Spotify launches Offline Backup, which automatically makes recently streamed and now playing queued songs available as an offline playlist for Premium users — Spotify introduced a new feature today called Offline Backup. This feature for premium users is essentially a list of songs …
More: Spotify, Android Police, PCMag, MobileSyrup, CNET, The Verge, Engadget, Digital Music News, Android Central, Android Authority, Android Headlines, T3, Gizmodo, How-To Geek, TechRadar, MSPoweruser, iPhone in Canada Blog, Mashable, MakeUseOf, PhoneArena, and Tech Advisor. LinkedIn: Mikael Bolle
| Victoria Song / The Verge: |
Oura unveils the $349+ Oura Ring 4, featuring a slimmer design, improved accuracy, and more sizes, shipping October 15, and completely redesigns the Oura app — Oura is giving its popular smart ring and app a substantial makeover. The company just announced the $349 Oura Ring 4 …
More: 9to5Google, Android Authority, ZDNET, Livemint, The Hollywood Reporter, Laptop Mag, Engadget, Cult of Mac, Cybernews.com, 9to5Mac, Android Headlines, Droid Life, Neowin, The Shortcut, iClarified, HotHardware, Quartz, and Gadgets & Wearables
Forums: r/ouraring and r/SmartRings
| Allison Johnson / The Verge: |
Google expands conversational AI voice chat Gemini Live's language support to French, German, Portuguese, Hindi, and Spanish, after launching in English — Google initially rolled out Gemini Live, its conversational AI voice chat, in just one language: English.| Bill Toulas / BleepingComputer: |
Researchers: hackers are actively exploiting an RCE vulnerability in Zimbra email servers, disclosed on September 27, triggered by emailing the SMTP server — Hackers are actively exploiting a recently disclosed RCE vulnerability in Zimbra email servers that can be triggered simply … | Google Developers Blog: |
Google releases Gemini 1.5 Flash-8B, a smaller and faster variant of 1.5 Flash, with 50% lower price, 2x higher rate limits, and lower latency on small prompts — Today, Gemini 1.5 Flash-8B, our latest Flash variant, is production-ready and comes with: — Developers can access gemini-1.5-flash-8b …
More: Simon Willison's Weblog. X: @officiallogank, @maxwinebach, @officiallogank, @altryne, @_arohan_, and @natolambert
LinkedIn: Paige Bailey and Logan Kilpatrick
| Kyle Wiggers / TechCrunch: |
Black Forest Labs, whose Flux.1 model powers Grok's image generator, launches an API in beta and its latest image generation model, Flux1.1 Pro, for 2K images — Black Forest Labs, the Andreessen Horowitz-backed startup behind the image generation model in xAI's Grok assistant, has launched an API in beta — and released a new model.
More: Black Forest Labs, The Decoder, Maginative, TestingCatalog, and VentureBeat. Forums: Hacker News
| Nicola M. White / Bloomberg: |
Gurbir Grewal, the US SEC's top enforcement official since 2021, who oversaw 2,400+ enforcement actions and the crypto crackdown, plans to leave on October 11 — - Grewal helped lead WhatsApp probes, crypto industry crackdown — SEC official was previously New Jersey's attorney general
More: US Securities …, Unchained, CryptoPotato, CCN.com, The Crypto Times, and Cryptopolitan. X: @secgov
| Kyle Wiggers / TechCrunch: |
Voyage AI, which helps companies build RAG systems, raised a $20M Series A from CRV, Snowflake, Databricks, and others, bringing its total funding to $28M — AI tends to make things up. That's unappealing to just about anyone who uses it on a regular basis, but especially to businesses … | Joseph Cox / 404 Media: |
Two Harvard students demo using Ray-Ban Meta Smart Glasses, PimEyes, and other tools to instantly identify strangers' names, phone numbers, addresses, and more — The technology, which marries Meta's smart Ray Ban glasses with the facial recognition service Pimeyes and some other tools …
More: TechCrunch, The Verge, Ars Technica, New York Post, Mashable, CryptoGlobe, Forbes, The Sun, CNET, Pocket-lint, TechSpot, Futurism, WinBuzzer, Malwarebytes, The Indian Express, Cybernews.com, KnowTechie, Lowpass, Spyglass, Daily Mail, Engadget, TechCrunch, Android Police, Kotaku, How-To Geek, Six Colors, MacRumors, Gizmodo, and I-XRAY
Threads: @alexheath, @matthewraifman, @jendiagammon, and @jank0
Mastodon: @Theeo123@mastodon.social, @benschwarz@front-end.social, @Jessicascott09@infosec …, @mvsde@mastodon.social, @ErikJonker@mastodon.social, @sawaba@infosec.exchange, @sawaba@infosec.exchange, @codepo8@toot.cafe, and @josephcox@infosec.exchange
Bluesky: @polotek.bsky.social, @ishigh.lol, @jameskelleher.pilcrow.ie, @wolvendamien.bsky.social, @golikehellmachine.com, @vmcntosh.bsky.social, and @napsandsarcasm.bsky.social
| Paige Smith / Bloomberg: |
PayPal completes its first business payment using its proprietary PYUSD stablecoin, paying an E&Y invoice on September 23 via SAP's digital currency hub — SAP's platform, known as the digital currency hub, allows enterprises to send and receive digital payments instantly, around the clock.
More: PYMNTS.com, Cryptopolitan, The Verge, CryptoSlate, Cointelegraph, The Crypto Basic, and Finextra
LinkedIn: Stefan Arnold, Brian Stern, May Z., Smitha Purohit, Jose Fernandez da Ponte, and Rebecca Carvatt. Forums: Slashdot
| Ivan Mehta / TechCrunch: |
WP Engine files a lawsuit in California against Automattic and WordPress co-founder Matt Mullenweg, accusing them of “abuse of power, extortion, and greed” — Web hosting provider WP Engine has filed a lawsuit against Automattic, and WordPress co-founder Matt Mullenweg, accusing them of extortion and abuse of power.
More: Ars Technica, Kellie Peterson, The Information, Automattic, The Verge, Tedium, WP Engine, San Francisco Business Times, Engadget, Silicon Republic, Automattic, and The Register
Mastodon: @aardrian@toot.cafe and @fraying@xoxo.zone
| Sarah McBride / Bloomberg: |
PitchBook: Q3 US VC investments rose ~8% YoY to $37.9B across 3,777 deals; AI startups got 36% of the deal value and 27% of the deal count from Q1 to Q3 2024 — Artificial intelligence firms received more than one-third of the funds in the third quarter.
More: Cautious Optimism, SiliconANGLE, PitchBook, and PitchBook
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