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June 26, 2023, 1:25 PM
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| Jay Peters / The Verge: |
Meta announces Quest+, a VR subscription service that gives Quest 2, Quest 3, and Quest Pro users access to two games every month for $7.99/month or $59.99/year — Meta CEO Mark Zuckerberg just announced Quest Plus, the company's new “virtual reality subscription” that gives users access to “the best titles on the platform,” he said.
More: YouTube, Meta, Ars Technica, Gizmodo, Road to VR, Dexerto, Reuters, TechCrunch, Engadget, Tom's Guide, Game Rant, BigTechWire, NBC 7 San Diego, Digital Trends, and KitGuru. Twitter: @multicallum
| The Verge: |
A survey of 2,000+ US adults finds 57% know of ChatGPT, 46% for Bing Chat, 45% for My AI, and 38% for Bard; only ~33% have used the tools, with Gen Z dominating — We polled 2,000 people about how they're using AI, what they want it to do, and what scares them about it the most.| Will Knight / Wired: |
DeepMind co-founder and CEO Demis Hassabis shares details on Gemini, a ChatGPT rival DeepMind is making that blends strengths of LLMs with AlphaGo-type systems — Demis Hassabis says the company is working on a system called Gemini that will tap techniques that helped AlphaGo defeat a Go champion in 2016.| Wall Street Journal: |
Databricks agrees to acquire generative AI startup MosaicML in a ~$1.3B deal closing in Q2; MosaicML launched in 2021, raised $64M, and has 62 employees — The deal aims at connecting businesses' data with services to help them build their own, cheaper language models, Databricks CEO says
More: MosaicML, SiliconANGLE, TechCrunch, ZDNet, PR Newswire, FinSMEs, The Information, FinTech Global, VentureBeat, Constellation Research, Blocks and Files, WinBuzzer, Reuters, and Help Net Security
Twitter: @mattturck, @levie, and @optionshawk
| Alison Sider / Wall Street Journal: |
Pete Buttigieg warns of possible air travel disruption ahead of a July 1 cutoff for airlines to retrofit equipment to avoid 5G interference or face restrictions — Airlines have until July 1 to update equipment or face restrictions on landing in poor visibility conditions
More: 9to5Mac, Fierce Wireless, Engadget, Fortune, PhoneArena, and The Verge. Twitter: @rakeshlobster
| Wall Street Journal: |
A look at Harry and Meghan's Hollywood flop in streaming's era of slower growth; sources: Netflix is unlikely to renew their $100M deal, which runs through 2025 — They arrived three years ago with royal star power amid a streaming boom, but have notched more cancellations and rejections than produced shows| Brian Fung / CNN: |
A breakdown of how much each US state will get in the $42.5B broadband infrastructure plan; Texas leads with $3.3B+, followed by California with $1.8B+ — The Biden administration on Monday outlined how states across the country will be receiving billions of dollars in federal funding …
More: Engadget, RCR Wireless News, WRAL TechWire, StateScoop, and Wall Street Journal
| Yuval Mann / Ynetnews: |
An interview with early Waze investors Yahal Zilka and Ehud Levy on why they invested, the impact of Google's acquisition on Israel's tech industry, and more — The disregard for map companies, the dilemma between BlackBerry and iPhone, the indifference on the part of Tim Cook … | Jaspreet Singh / Reuters: |
US-based chipmaker Wolfspeed says a group led by Apollo plans to make a $1.25B debt investment, with room for an additional $750M, to support a US expansion — Wolfspeed (WOLF.N) said on Monday that a group led by Apollo Global Management (APO.N) would make a debt investment of $1.25 billion …
More: Bloomberg, Tech Startups, Wolfspeed, The Information, and MarketWatch
| Financial Times: |
A profile of Korean chip engineer Choi Jin-seok, who embarked on a quixotic mission to lead China's industry after his career stalled and faces IP theft charges — In 2006, a Korean engineer called Choi Jin-seok achieved a feat that earned him the nickname “master of semiconductor yield”.
More: The Korea Herald. Twitter: @alansmithee1987, @adam_tooze, @michaelxpettis, @chinabeigebook, @adam_tooze, @financialtimes, and @joel_p_atkinson
| Hope King / Axios: |
Amazon plans to build a local delivery network in 23 states by recruiting thousands of small US businesses, from bodegas to florists, to deliver its packages — Amazon plans to tap thousands of U.S. small businesses, from bodegas to florists, to deliver its packages by the end of the year, Axios is first to report.
More: Gizmodo, Engadget, TechCrunch, The Verge, Fortune, PYMNTS.com, Android Headlines, and TechSpot
| Kyle Wiggers / TechCrunch: |
ThoughtSpot, an AI-powered analytics startup, plans to acquire Mode Analytics, a business intelligence startup, for $200M in cash and stock; Mode raised $81M — ThoughtSpot, an AI-powered analytics startup, today announced that it's entered into a definitive agreement to acquire Mode Analytics … Sponsor Posts
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