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May 22, 2024, 11:25 PM
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| Kif Leswing / CNBC: |
Nvidia reports Q1 revenue up 262% YoY to $26.04B, vs. $24.65B est., forecasts Q2 revenue above est., and splits its stock 10-for-1; NVDA jumps 5%+ after hours — Nvidia shares topped $1,000 for the first time in extended trading on Wednesday after the chipmaker reported fiscal first-quarter results that topped analyst estimates.
More: Nvidia Newsroom, The Guardian, Bloomberg, Wall Street Journal, TrendForce Insights, Fortune, Semafor, FX Empire, Financial Times, Watcher Guru, Crypto Briefing, Constellation Research, Patently Apple, Neowin, Bloomberg, CoinGape, and NBC News
X: @kristinaparts, @munster_gene, @lastcallcnbc, @lastcallcnbc, @thetranscript_, @munster_gene, @thetranscript_, @scobleizer, @thetranscript_, @thetranscript_, @munster_gene, @benbajarin, @divestech, @economyapp, @jimcramer, @mgsiegler, @thetranscript_, @thetranscript_, @thetranscript_, @kristinaparts, @carnage4life, @benbajarin, @benbajarin, @nearcyan, @thetranscript_, @munster_gene, @jonerlichman, @munster_gene, @morningbrew, @munster_gene, @munster_gene, @alex, @munster_gene, @munster_gene, @sawyermerritt, @thetranscript_, @benbajarin, @benbajarin, @lexnfx, @thetranscript_, and @morningbrew. LinkedIn: Anthony Robbins
Forums: r/wallstreetbets and Slashdot
| Sarah Perez / TechCrunch: |
Google Pay now lets users see their card benefits and perks before selecting a card, use BNPL on more sites, and fill in card details through biometrics or PIN — Google Pay is rolling out a number of updates that capitalize on its integrations with other Google products, like Android and the Chrome browser.
More: The Keyword, Finextra, BGR, Neowin, TechRadar, PhoneArena, Android Authority, The Verge, Droid Life, Payments Dive, Android Police, How-To Geek, 9to5Google, and PYMNTS.com
| André Beganski / Decrypt: |
The US House passes the Financial Innovation and Technology for the 21st Century Act, or FIT21, which would create a regulatory framework for digital assets — Dubbed the Financial Innovation and Technology for the 21st Century Act, or FIT21, the measure was approved by the House of Representatives with a 279-136 vote.
More: US Securities …, CoinDesk, Reuters, PYMNTS.com, Financial Services Committee, VentureBeat, Fortune, Cointelegraph, CryptoSlate, CoinDesk, DL News, The Block, The Block, The Hill, CoinDesk, CoinDesk, Blockworks, Washington Examiner, CNBC, MarketWatch, Cointelegraph, CryptoSlate, crypto.news, Crowdfund Insider, Crypto Briefing, CoinDesk, Forkast, Watcher Guru, CryptoPotato, CoinGape, The Daily Hodl, Cryptonews, The Crypto Times, Cointelegraph, The Crypto Basic, crypto.news, Quartz, and Blockonomi
X: @brian_armstrong, @jchervinsky, @ryansadams, @adamscochran, @gopmajoritywhip, @jessepollak, @financialcmte, @eleanor_mueller, @adamscochran, @iamnomad, @repwileynickel, @repwileynickel, @rewkang, @adamscochran, @adamscochran, @eleanor_mueller, @twobitidiot, @blockgraze, @kmsmithdc, @iampaulgrewal, @jbsdc, @yugacohler, @jessepollak, @adamscochran, @bradsherman, @repjohnrose, @eleanor_mueller, and @yugacohler
| Wall Street Journal: |
News Corp and OpenAI announce a multiyear agreement to bring News Corp's news content to OpenAI; sources: the deal could be worth $250M over five years — Agreement could generate over $250 million over five years for News Corp in cash and credits — Wall Street Journal owner News Corp struck …
More: OpenAI, SiliconANGLE, News Corp, PYMNTS.com, VentureBeat, New York Post, Bloomberg, Neowin, The Information, The Guardian, Engadget, Variety, CNBC, CoinGape, Washington Post, Axios, Benzinga, The Hollywood Reporter, The Verge, and Reuters
Threads: @edmundlee. Mastodon: @jeffjarvis@mastodon.social. X: @_felixsimon_, @ikrietzberg, @froomkin, @openai, @grantstern, @maxwelltani, @minimaxir, and @maxwelltani
LinkedIn: Nicholas Gray and Artem Fishman
| Emilia David / The Verge: |
Truecaller partners with Microsoft's Azure AI Speech to let its AI Assistant users create an AI version of their voice to answer calls based on a recorded clip — Caller ID company Truecaller will let users create an AI version of their voice to answer calls.
More: corporate.truecaller.com, Microsoft Tech Community, TechCrunch, Neowin, MSPoweruser, Android Authority, and AIM. Bluesky: @ndnickerson.bsky.social
| Kelsey Piper / Vox: |
Leaked OpenAI docs show aggressive tactics toward ex-employees and contradict leadership's comments about being unaware of provisions about equity cancellation — On Friday, Vox reported that employees at tech giant OpenAI who wanted to leave the company were confronted with expansive and highly restrictive exit documents.
More: Pixel Envy. Threads: @crumbler. Mastodon: @annmlipton@esq.social. Bluesky: @annmlipton.bsky.social and @marypcbuk.bsky.social
X: @kelseytuoc, @2020science, @kelseytuoc, and @jmannhart
LinkedIn: Harish Pillay and Jeremy Kahn
Forums: Hacker News and r/singularity
| Kurt Wagner / Bloomberg: |
Zuckerberg creates the Meta Advisory Group with Patrick Collison, Nat Friedman, Tobi Lütke, and Charlie Songhurst, to advise on tech and growth opportunities — - Stripe's Collison, Shopify's Lütke among new advisers — Group to guide Meta on tech, strategic growth opportunities
More: Meta Investor Relations, Social Media Today, The Information, TechCrunch, PYMNTS.com, Quartz, Canadian Press, calgaryherald, and The Verge
Threads: @katienotopoulos, @tookthescenicroute, and @daveleebbg
| David Shepardson / Reuters: |
US FCC Chairwoman Jessica Rosenworcel proposes requiring the disclosure of content generated by AI in political ads on radio and TV, citing the use of deepfakes — U.S. Federal Communications Commission Chairwoman Jessica Rosenworcel on Wednesday proposed requiring disclosure of content generated … | Alex Seitz-Wald / NBC News: |
Steve Kramer, the political consultant who admitted to commissioning the deepfake robocall of Biden, has been indicted in New Hampshire and faces five counts — Steve Kramer, the Democratic consultant whom NBC News first linked to the robocall impersonating the president, is facing five counts in New Hampshire.| Emma Roth / The Verge: |
Bluesky now lets users send DMs and says it's working on adding support for messages with images and end-to-end encryption — Bluesky will now let you send a direct message to other users. For now, you can only send messages containing text, but Bluesky is working on adding support for images and videos.
More: Bluesky, 9to5Mac, TechCrunch, Digital Trends, PhoneArena, We Distribute, iThinkDifferent, and Engadget
Threads: @timfullerton and @quillmatiq
| Nitasha Tiku / Washington Post: |
Documents and sources: OpenAI didn't use Scarlett Johansson's voice for ChatGPT's Sky and hired another actress months before Sam Altman contacted Johansson — A different actress was hired to provide the voice for ChatGPT's ‘Sky,’ according to documents and recordings shared with the Washington Post.
More: iThinkDifferent, AIM, Slate, and Forbes
Bluesky: @fitzstartz.bsky.social. X: @carnage4life, @nitashatiku, @pstasiatech, @blind_steel, and @mszafranski413
Forums: r/singularity, r/ChatGPT, and r/OpenAI
| Mike Butcher / TechCrunch: |
Praktika, which lets users create personalized AI-powered avatars to make learning a language feel more natural, raised a $35.5M Series A led by Blossom Capital — Most apps that help you learn languages feature a user experience that has you selecting options or swiping away wrong answer cards …
More: Tech Funding News and EU-Startups
| Austin Weinstein / Bloomberg: |
Intercontinental Exchange, which owns the NYSE, agreed to pay $10M to settle SEC allegations that it failed to immediately tell the agency about a hack in 2021 — The SEC said that in April 2021 ICE learned that its virtual private network had been hacked by a “threat actor.”| Brody Ford / Bloomberg: |
Snowflake reports Q1 revenue up 33% YoY to $828.7M, product revenue up 34% YoY to $789.6M, vs. $749M est., and projects Q2 product revenue above estimates — - Data software company raises annual product revenue outlook — Quarterly report is the first under new CEO Sridhar Ramaswamy| Inci Ozbek / Bloomberg: |
Istanbul-based Colendi, which provides digital banking services, raised a $65M Series B at a $700M valuation from Citi Ventures and others — - Digital banking startup raised $65 million in Series B round — Colendi targets $1 billion valuation in new investment round
More: Tech.eu
| Brian Heater / TechCrunch: |
LA-based Aerodome, which uses autonomous drones to help first responders get a view of problems like crimes and fires, raised a $21.5M Series A led by CRV — If you've spent any time in Los Angeles, you're no doubt aware that police helicopters are a permanent fixture in the skies above.
More: Aerodome, FinSMEs, and VC News Daily
| Kyle Wiggers / TechCrunch: |
Portland-based Hydrolix, a data lake service that offers a repository for log data, raised a $35M Series B led by S3 Ventures, bringing its total raised to $68M — In 2008, Marty Kagan, who'd previously worked at Cisco and Akamai, co-founded Cedexis, a (now-Cisco-owned) firm developing observability tech for content delivery networks.
More: Portland Business Journal, FinSMEs, Hydrolix, SiliconANGLE, and siliconflorist.com
LinkedIn: Aaron Perman and Baris Aksoy
| Aisha Malik / TechCrunch: |
TikTok launches its Symphony AI suite for brands, using generative AI to let marketers write scripts, produce videos, and enhance current assets — TikTok is the latest tech company to incorporate generative AI into its ads business, as the company announced on Tuesday that it's launching a new “TikTok Symphony” AI suite for brands.
More: Campaign, Social Media Today, Adweek, ChannelX, The Media Leader, and Digiday
X: @liahaberman and @liahaberman
| The Information: |
Sources: AI chip startup Groq has told investors it wants to raise about $300M by the end of month; Groq previously raised more than $367M at a $1B+ valuation — Groq, an Nvidia rival that develops specialized server chips and software for artificial intelligence, has told investors it wants …
X: @nmasc_, @danielnewmanuv, and @scobleizer
| Isabelle Bousquette / Wall Street Journal: |
Cologne-based AI translation startup DeepL, which develops its own models, raised $300M led by Index Ventures at a $2B valuation and reports 100K+ customers — The round, led by Index Ventures, reflects businesses' increasing interest in function-specific AI models
More: PYMNTS.com, SiliconANGLE, CNBC, TNW, Tech Startups, OTPP, Tech Xplore, TechCrunch, Crunchbase News, and EU-Startups
LinkedIn: Steven Venegas, Lewis Maconachy, Peter H., Frankie Williams, and Markus Harder
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Mastodon: @alshafei@mastodon.social. Bluesky: @marypcbuk.bsky.social. X: @wcathcart, @wcathcart, @wcathcart, @wcathcart, @orientaljanedoe, @evan_greer, @samfbiddle, @sanasaeed, @samfbiddle, @paulbiggar, and @paulbiggar. Forums: Hacker News
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Mastodon: @mattburgess@infosec.exchange. X: @dmehro, @wired, @ridgway_ctr, @aj_boston, @knibbs, @iheartmalware, and @wired
Forums: r/TrueReddit and Ars OpenForum
| Steven Levy / Wired: |
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| Bradley Keoun / CoinDesk: |
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