| Financial Times: |
Microsoft invests $1.5B in Abu Dhabi-based AI startup G42 for a minority stake, after G42 severed ties with Chinese suppliers; Brad Smith will join G42's board — Agreement is latest move by US tech group to extend its reach into fast-growing sector — Microsoft has agreed to invest $1.5bn … | Bloomberg: |
Sources: in 2023, Abu Dhabi's G42 and the US Commerce Department held talks that led to G42 agreeing to pare back its China presence to avoid punitive measures — - Agreement with US helped G42 preserve access to Nvidia chips — Negotiations set stage for $1.5 billion Microsoft investment| Raphael Satter / Reuters: |
The Open Source Security Foundation and the OpenJS Foundation say the attempt to insert a secret backdoor into XZ Utils “may not be an isolated incident” — The recent attempt by an unknown actor to sabotage a widely used software program may have been one of several attempts … | Connor Jones / The Register: |
UnitedHealth says the February ransomware attack on Change Healthcare cost the company $872M in Q1; another ransomware group appears to be extorting the company — First glimpse at attack financials reveals huge pain — UnitedHealth, parent company of ransomware-besieged Change Healthcare … | Benjamin Sandofsky / Sandofsky: |
A look at the failure of Humane's Ai Pin, which took six years to ship after raising $230M, including building the device “the Apple way” and raising too much — Why You Can't Build Apple with Venture Capital — An ex-Apple designer who went on to startup success once told me … | Abner Li / 9to5Google: |
YouTube strengthens its “enforcement on third-party apps” violating its ToS, “specifically ad-blocking apps”, leading to error messages and “buffering issues” — Following the ad blocker crackdown, YouTube is explicitly going after third-party … | Matthew Connatser / The Register: |
Intel's Gaudi 3 white paper details the made-for-China processors HL-328 and HL-388, likely designed to comply with US export controls by reducing performance — Intel is set to launch two China-exclusive models of its Gaudi 3 AI accelerator, and they'll be substantially crippled to fit in with US sanctions.| Vittoria Elliott / Wired: |
Meta's Oversight Board plans to investigate two deepfake porn cases involving unnamed US celebrities who had their images altered to create explicit content — Social platforms have struggled to quickly remove deepfake porn depicting celebrities. — As AI tools become increasingly sophisticated … | Natasha Lomas / TechCrunch: |
Mozilla and CheckFirst: Apple, Google, Meta, and others' ad transparency efforts are a work in progress, months after the EU's DSA mandated a searchable library — Efforts by tech giants to be more transparent about the ads they run are — at very best — still a work in progress … | Jennifer A. Kingson / Axios: |
Meta plans to launch a new education product for Quest that will let teachers access education apps for students ages 13+ and manage multiple headsets at once — - In time for the fall semester, it'll make available a suite of visually engrossing education apps that teachers can use with students ages 13+.| Foo Yun Chee / Reuters: |
EU antitrust regulators are questioning Broadcom about changes to VMware's licensing conditions, following complaints from EU business users and a trade group — U.S. chipmaker Broadcom (AVGO.O) is being asked by EU antitrust regulators about changes to newly acquired cloud computing company … | David Pierce / The Verge: |
Limitless launches the $99 Limitless Pendant, a wearable AI gadget that transcribes meetings and provides real-time notes and summaries, shipping in August 2024 — The Limitless Pendant doesn't exactly scream “AI.” As Dan Siroker, the CEO of the company behind the new device … | Sabrina Willmer / Bloomberg: |
Filing: MGM sues the FTC to stop an investigation into a 2023 cyberattack and asks for Chair Lina Khan's recusal; Khan stayed at the MGM Grand in September 2023 — - Agency chair Lina Khan was visiting resort during cyber attack — Lawsuit alleges FTC asked company for ‘100 categories’ of data| Paul Alcorn / Tom's Hardware: |
AMD unveils Ryzen Pro 8040 series for commercial laptops and mobile workstations and Ryzen Pro 8000 series for desktops, adding a neural processing unit for AI — AMD is the first with a Pro desktop PC chip with an NPU for AI workloads. — AMD announced its Ryzen Pro portfolio today … | Julie Creswell / New York Times: |
Ghost kitchens and virtual restaurant brands, which boomed during the pandemic after raising billions, are disappearing due to overtaxed kitchens and complaints — Ghost kitchens and virtual brands became a way for idle restaurant kitchens to generate revenue.| Josh Ye / Reuters: |
Baidu says that eight months after launch its AI chatbot Ernie Bot now has 200M+ users and 85K enterprise clients, after reaching 100M+ users in December 2023 — China's Baidu (9888.HK) said on Tuesday its artificial intelligence chatbot “Ernie Bot” has garnered more than 200 million users … | Jane Lanhee Lee / Bloomberg: |
AI chip developer Rivos, which recently settled with Apple over trade secret theft, raised $250M+ led by Matrix to compete with Nvidia using its RISC-V chips — - US upstart targets data analytics and generative AI markets — Matrix Capital leads round, with Intel, MediaTek participating| Rachel Graf / Bloomberg: |
Mark Zuckerberg wins his bid to avoid personal liability in about two dozen lawsuits accusing Meta and other companies of addicting children to their products — US District Judge Yvonne Gonzalez Rogers, who is overseeing the cases, sided with the Meta chief executive officer in a ruling issued Monday.| Todd Spangler / Variety: |
TikTok signs a deal with ticketing provider AXS to let users buy tickets to live events in the US, UK, and more; TikTok has had a Ticketmaster deal since 2022 — TikTok inked a partnership with ticketing provider AXS to let users of the popular video app discover and buy tickets to live events.| Bloomberg: |
Bain Capital agrees to sell UK payroll software company Zellis, acquired in 2017, to Apax Partners; sources say the deal values Zellis at ~£1.25B — - Apax said to fund deal with £450 million private credit loan — Zellis counts Harrods and carmaker Jaguar among its customers| Billy Perrigo / TIME: |
Google's Jigsaw expands Perspective API, a set of ML tools that help moderators and researchers identify toxicity, with seven attributes, including nuance — In the 1990s and early 2000s, technologists made the world a grand promise: new communications technologies would strengthen democracy …
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| Artificial Intelligence Index: |
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