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February 27, 2024, 7:40 AM
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| Samuel Stolton / Bloomberg: |
Microsoft says its investment in Mistral AI amounts to €15M; EU regulators plan to analyze the investment, which could eventually lead to a formal investigation — - Partnership amounts to €15 million investment, Microsoft says — EU analysis could lead to future formal investigation| Romain Dillet / TechCrunch: |
Mistral AI releases Mistral Large, a cheaper GPT-4 rival that supports 32K-token context windows, and Le Chat, a ChatGPT-like chat assistant in public beta — Paris-based AI startup Mistral AI is gradually building an alternative to OpenAI and Anthropic as its latest announcement shows.
More: Mistral AI, Microsoft On the Issues, VentureBeat, Cointelegraph, Coinpaper, Decrypt, PCMag, MSPoweruser, Analytics India Magazine, Constellation Research, Maginative, The Decoder, and Simon Willison's Weblog
X: @markhachman, @guillaumelample, @guillaumelample, @arthurmensch, @xlr8harder, @sophiamyang, and @methekarthik
Forums: Hacker News and r/MistralAI
| Madhumita Murgia / Financial Times: |
More: Source, The Verge, The Rundown AI, TechCrunch, Axios, Barron's Online, CNBC, Cryptopolitan, Livemint, PitchBook, Inc.com, Investing.com, Gizmodo, GeekWire, Maginative, Tech Xplore, Sifted, Benzinga, Neowin, The Information, MSPoweruser, TNW, Thurrott, and Reuters
Threads: @marcslove. Bluesky: @simli.bsky.social. X: @satyanadella, @toddbishop, @carnage4life, @jasonlk, @pitdesi, @cgarciae88, @mer__edith, @kylebrussell, @azure, and @pradeepviswav
LinkedIn: Nathan Benaich, Luciano Floridi, Saanya Ojha, Luca Bertuzzi, Eric Boyd, Xiaopeng Li, Florian Follonier, PhD, Satya Nadella, Bruno Capuano, Emil Protalinski, and Lukas Lundin. Forums: Hacker News
| Sarah Zheng / Bloomberg: |
In amended filings, Alibaba discloses previously unknown stakes by the Chinese government in more than 12 of its business entities, following a US SEC inquiry — The Hangzhou-based e-commerce pioneer said in filings in the US and Hong Kong over the weekend that more than a dozen of its entities … | Sean Hollister / The Verge: |
Nvidia plans to start showing free-tier GeForce Now users “up to two minutes” of video ads on February 28 while they are queuing to start a cloud gaming session — Nvidia's completely free, no-strings attached trial of its cloud gaming service GeForce Now is about to be very slightly less …
More: VideoCardz.com, 9to5Google, TechRadar, Game Rant, KitGuru, OC3D, Neowin, and Android Headlines
Forums: r/technology and r/GeForceNOW
| Reuters: |
Sources: the BlackCat ransomware gang is behind the outage at UnitedHealth's technology unit that has disrupted services at pharmacies in the US for six days — Figurines with computers and smartphones are seen in front of the words “Cyber Attack” in this illustration taken, February 19, 2024.| Bloomberg: |
During oral arguments, SCOTUS justices seemed reluctant to strike down Texas' and Florida's social media laws, but raised concerns about companies' 1A rights — - Justices wary of entirely striking down Texas, Florida laws — But court voices concern about impact on company speech rights
More: CNN, International Business Times, Platformer, New York Times, Türkiye Newspaper, NPR, NBC News, Reason, The Information, New York Times, Wall Street Journal, Ars Technica, Newser, Wired, The Hill, New York Post, Vox, Politico, The Daily Dot, Tuko.co.ke, New York Daily News, Los Angeles Times, BBC, Reuters, Tubefilter, Fremont Tribune, Axios, Barron's Online, Deadline, New York Times, and Forbes
Threads: @daveleebbg and @crumbler
Bluesky: @mmasnick.bsky.social and @mmasnick.bsky.social
| Washington Post: |
More: The Hill, The Dispatch, TechCrunch, Semafor, GZERO, UPI, Technology & …, Gizmodo, NBC News, Los Angeles Times, The Guardian, New York Times, Balls and Strikes, and Wall Street Journal
Mastodon: @willoremus@mastodon.social. X: @eriqgardner, @matthewstoller, @jess_miers, @jess_miers, @jess_miers, and @jess_miers
| Sifted: |
Hopin, the struggling virtual events startup valued at $7.75B in 2021, enters liquidation for its UK parent company as it moves its HQ to Delaware in the US — The company was once valued at $7.75bn … London-based event tech startup Hopin — which shot to a $5.65bn valuation in 2021 …
More: Hopin, Australian Financial Review, The Information, and PitchBook
| Bill Toulas / BleepingComputer: |
Researchers detail a spam campaign using 21K hijacked abandoned domains and subdomains from brands like eBay, MSN, and VMware to send ~5M malicious emails daily — A massive ad fraud campaign named “SubdoMailing” is using over 8,000 legitimate internet domains and 13,000 subdomains to send …
More: Guardio, Security Boulevard, SC Media, and The Hacker News
| Alexis Ong / The Verge: |
A look at the underground floppy disk music scene; Discogs data shows 500+ floppy music releases in the 2020s, more than in the 1980s, 1990s, and 2000s combined — The first computery thing I do in the year 2024 is nudge a 3.5-inch floppy disk into a USB floppy drive that I bought … | Saritha Rai / Bloomberg: |
Tel Aviv-based Exodigo, which uses AI and sensors to make underground maps for energy, utility, transport, and construction companies, raised a $105M Series A — - Greenfield Partners, Zeev Ventures lead Series A round — Startup makes maps for utility, transport, construction firms| Kali Hays / Business Insider: |
Sources: Meta aims to reveal and demo, but not launch, the first version of its AR glasses, codenamed Orion, during its Connect developer conference in the fall — - Under an internal project named Orion, Meta has been working on high-tech AR glasses for years.| Todd Bishop / GeekWire: |
Expedia plans to cut ~1,500 roles in 2024, mainly in its Product & Technology division; the company had 17,100 employees at the end of 2023, about half in tech — Expedia Group expects about 1,500 roles to be impacted, primarily in its Product & Technology division … | Ingrid Lunden / TechCrunch: |
Inkitt, the self-publishing site that wants to use AI to pick and tweak the most compelling stories to distribute on its Galatea app, raised a $37M Series C — Everyone has a story in them, as someone famous once said. A startup called Inkitt believes that it can use AI to turn the strongest … | Katrina Manson / Bloomberg: |
The CTO for US Central Command says ML algorithms developed under Project Maven helped narrow down targets for 85+ air strikes in the Middle East on February 2 — - Algorithms were developed under the Pentagon's Project Maven — AI isn't ready to recommend the order of attack, official says| Manish Singh / TechCrunch: |
Shadowfax, which operates a B2B logistics network in 2,500+ Indian cities, raised a $100M Series E led by TPG NewQuest, bringing its total funding to over $220M — Shadowfax, one of the largest logistics service providers to hyper-local and on-demand delivery businesses in India … | Brody Ford / Bloomberg: |
Zoom reports Q4 revenue up 2.6% YoY to $1.15B, vs. $1.13B est., Enterprise revenue up 4.9% YoY to $667.3M, and announces a $1.5B stock buyback; ZM jumps 10%+ — The company also announced a $1.5 billion share buyback. The stock jumped more than 10% in extended trading.Sponsor Posts
Command Line:
What will the next generation of developers do when AI writes the code? — Microsoft and Carnegie Mellon are betting that the junior devs we train today will be the senior engineers of tomorrow.
What will the next generation of developers do when AI writes the code? — Microsoft and Carnegie Mellon are betting that the junior devs we train today will be the senior engineers of tomorrow.
Will Reed:
The best sales leaders aren't job hunting. Here's how to reach them without months of cold outreach. — Our team came from Box, Square, and Brex, so we already know the GTM leaders worth meeting.
The best sales leaders aren't job hunting. Here's how to reach them without months of cold outreach. — Our team came from Box, Square, and Brex, so we already know the GTM leaders worth meeting.
Zoho:
UK tax compliance with Zoho Books — The evolving tax landscape in the UK has added an additional responsibility to business owners, accountants, and bookkeepers to ensure their choice of accounting software supports compliance …
UK tax compliance with Zoho Books — The evolving tax landscape in the UK has added an additional responsibility to business owners, accountants, and bookkeepers to ensure their choice of accounting software supports compliance …
IDrive:
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.Featured Podcasts
Acquired:
Seinfeld
Learn the playbooks that built the world's greatest companies - and how you can apply them as a founder, operator, or investor.
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Lenny's Podcast:
Inside the black box of AI: How AI models actually think | Emmanuel Ameisen (Anthropic)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Big Technology Podcast:
Anthropic IPO Panic, A Spy At OpenAI?, The Great Food Slop Debate
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
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Great Chat:
What happened to tech's backbone?
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
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The Upstarts Podcast:
The $7B Startup Mapping Your Health In Just One Hour | Neko's Hjalmar Nilsonne
Veteran tech reporter Alex Konrad sits down with breakout entrepreneurs taking on the status quo to shake up their fields in AI, design, nuclear energy, space, and more.
Subscribe to The Upstarts Podcast.
Cheeky Pint:
The company building underwater drones for $50,000
Stripe cofounder John Collison interviews founders, builders, and leaders over a pint.
Subscribe to Cheeky Pint.
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