Techmeme
March 19, 2024, 5:10 PM

Top News

Dina Bass / Bloomberg:
Microsoft hires DeepMind co-founder Mustafa Suleyman to run consumer AI, reporting to Satya Nadella, and brings on most staff from his Inflection AI startup  —  Suleyman and his team will join from OpenAI rival Inflection AI  —  Microsoft Corp. has named Mustafa Suleyman head …
Inflection:
Inflection AI says co-founder Karén Simonyan will join Mustafa Suleyman at Microsoft AI, names Sean White as CEO, and plans to host Inflection-2.5 on Azure  —  From day one at Inflection, we've been driven by a simple mission: to create a personal intelligence for everyone.
Satya Nadella / The Official Microsoft Blog:
Microsoft says Mustafa Suleyman and Karén Simonyan are joining to form Microsoft AI, focused on Copilot and other consumer AI products; Suleyman will be CEO  —  Satya Nadella, Chief Executive Officer, shared the below communication today with Microsoft employees.
Harry McCracken / Fast Company:
An interview with Nvidia CEO Jensen Huang on how the company's early decisions led to its AI boom, why Nvidia's ubiquity will not be easy to replicate, and more  —  Nvidia's chips sparked the AI revolution.  Now it's in the business of putting the technology to work in an array of industries.
Shaurya Malwa / CoinDesk:
Solana memecoin SLERF raised $10M in a presale, hitting $1.7B in trading volume, but the developer claims to have mistakenly “burned” tokens set for an airdrop  —  “This is not a joke I really f****d up and im really sorry.  Was a simple mindless misclick when I was in the process of burning the the lp," the developer said
Foo Yun Chee / Reuters:
EU DMA hearing: a Meta lawyer says Meta offered to cut its EU monthly subscription for Facebook and Instagram from €9.99 to €5.99 to address regulatory concerns  —  Meta Platforms (META.O) has offered to almost halve its monthly subscription fee for Facebook and Instagram to 5.99 euros …
Sean Hollister / The Verge:
Michael Peel / Financial Times:
Google DeepMind debuts TacticAI, a prototype AI soccer tactician built with Premier League club Liverpool, using geometric deep learning on 7,176 corner kicks  —  Human experts prefer TacticAI's suggested positional improvements at corner kicks  —  Google DeepMind has developed …
New York Times:
Sources: Saudi Arabia's Public Investment Fund discussed a potential partnership with a16z and others to create a fund of about $40B to invest in AI in H2 2024  —  The Middle Eastern country is creating a gigantic fund to invest in A.I. technology, potentially becoming the largest player in the hot market.
Sean Michael Kerner / VentureBeat:
Stability AI debuts Stable Video 3D, a generative AI tool built on its Stable Video Diffusion model, letting users generate 3D video from a text or image prompt  —  Stability AI is growing its generative AI model portfolio today with the release of Stable Video 3D (SV3D).
Adam James / The Block:
The US SEC says Genesis Global Capital agreed to a $21M civil penalty as part of a settlement over charges of offering unregistered securities via Gemini Earn  —  - Genesis Global Capital agreed to pay a $21 million civil penalty as part of a settlement over SEC charges.
Maxwell Zeff / Gizmodo:
Mark Zuckerberg says Threads is rolling out a “Trending now” page for users in the US, under the search bar in the mobile app  —  Threads users in the U.S. will start seeing a “Trending now” page on the platform starting Tuesday.  —  Threads users in the United States …
Bloomberg:
Sources: senior DOJ officials plan to hold closed-door Senate briefings on March 19 and 20 to advance a TikTok divestiture, as opposed to an outright US ban  —  - DOJ wants senators to pass a bill forcing TikTok sale  — Effort is part of broader DoJ push on data-security measures

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