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May 27, 2024, 11:40 AM
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| x.ai: |
xAI raised a $6B Series B from Valor, Vy Capital, a16z, Sequoia, Saudi Arabia's Kingdom Holding, and others, Elon Musk says at a pre-money valuation of $18B — xAI is pleased to announce our series B funding round of $6 billion. — xAI is pleased to announce...
More: TechCrunch, The Information, New York Post, Financial Times, Network World, VentureBeat, New York Times, Neowin, WinBuzzer, TechSpot, CCN.com, CryptoSlate, Cointelegraph, Wall Street Journal, Reuters, MSPoweruser, Business Insider, Coinspeaker, Cryptopolitan, Tech in Asia, The Crypto Times, CoinGape, The Decoder, Benzinga, and PCMag
Mastodon: @ianbetteridge@writing …. X: @xai, @elonmusk, @danprimack, @elonmusk, @danprimack, @elonmusk, @jimmybajimmyba, @didier_lopes, @andrewcurran_, @devindkim, @carnage4life, @mikebutcher, @johnhering, and @jamestitcomb. LinkedIn: Anissa G.
Forums: Hacker News and r/singularity
| Axios: |
Elon Musk says all of the $6B in xAI's Series B is new money rather than shares “given” to investors in Musk's takeover of Twitter — - That said, there's plenty of overlap in the investor list, and it's unclear if the original Twitter/X backers also received additional equity in xAI … | Mark Gurman / Bloomberg: |
A closer look at Apple's AI strategy: Project Greymatter, local and cloud LLM data processing, Siri, sealing a chatbot partnership deal with OpenAI, and more — Though Apple's first set of modern AI features won't be as impressive as rival offerings, the company is betting that its massive customer base can give it an edge.
More: CNET, The Verge, 9to5Mac, Engadget, SemiAnalysis, iMore, MacRumors, 9to5Mac, 9to5Mac, Tech Advisor, Android Authority, MobileSyrup, The Sun, iMore, BGR, AppleInsider, iPhone in Canada Blog, PC Guide, Dexerto, Phandroid, WinBuzzer, MySmartPrice, Laptop Mag, Android Headlines, PhoneArena, XDA Developers, Cult of Mac, nextpit, Ben's Bites, Hindustan Times, Android Police, iThinkDifferent, PYMNTS.com, Stuff, Neowin, Gizmodo Australia, Blockonomi, Spyglass, Benzinga, Wccftech, MacRumors, PCMag, Sammy Fans, Patently Apple, The Apple Post, Supercharged, and Philip Elmer‑DeWitt
X: @carnage4life, @parkerortolani, @staska, @gartenberg, @steven_aquino, @sdw, @betaprofiles, @parkerortolani, @brandonbutch, @autismcapital, @saschasegan, @ashleevance, @dinodaizovi, @gartenberg, @markgurman, @saranbyte, @spercharged, and @leakerapple
Forums: r/technology, r/singularity, r/ChatGPT, r/apple, and r/OpenAI
| Michael Nuñez / VentureBeat: |
Researchers find that GPT-4 can outperform human analysts in predicting the direction of future corporate earnings even when given only financial statements — Researchers from the University of Chicago have demonstrated that large language models (LLMs) can conduct financial statement analysis …
More: SSRN, TechRadar, MEDIANAMA, SiliconANGLE, WinBuzzer, MSPoweruser, and MarkTechPost
X: @groby, @technofrontiers, @holdenmatt, @vjhaapalahti, @rokas_kruminas, @pftg, @hypermindai, @jamescham, @agpatriota, @jacobi_torsten, @jessebenisrael, and @emollick. LinkedIn: Luc Pettett. Forums: Hacker News
| Lulu Garcia-Navarro / New York Times: |
Q&A with Netflix's Ted Sarandos on the state of Hollywood, shifting US tastes, programming strategy, ads, corporate activism, YouTube, live events, AI, and more — Devin Oktar Yalkin for The New York Times — If you're anything like me, you probably spent some large portion of this week sitting on your couch watching Netflix.
More: The Verge, Benzinga, TechSpot, Variety, IndieWire, The Hollywood Reporter, and Deadline
| Wall Street Journal: |
An analysis of ChatGPT, Claude, Copilot, Gemini, and Perplexity's responses to some real-life questions and everyday tasks: Perplexity ranked first overall — We tested OpenAI's ChatGPT against Microsoft's Copilot and Google's Gemini, along with Perplexity and Anthropic's Claude. Here's how they ranked.
More: WinBuzzer. Threads: @ociubotaru. Bluesky: @jaspar.bsky.social. X: @khalifahmanaa, @melindabchu1, @aravsrinivas, @karadapena, @firstadopter, @aravsrinivas, and @denisyarats
| Rita Liao / TechCrunch: |
Data.ai: of the top 20 education apps in the US App Store, five are AI agents that help with school assignments, the two most popular of which are Chinese-owned — Evan, a high school sophomore from Houston, was stuck on a calculus problem. He pulled up Answer AI on his iPhone …
More: Tech in Asia. Mastodon: @BrideOfLinux@mastodon …. LinkedIn: Abhishek Sharma and Randy Wilkins
Forums: r/technology and r/singularity
| Reuters: |
China set up a new ~$47.5B state-backed investment fund on May 24 as the third and largest phase of its Big Fund to boost the country's semiconductor industry — China has set up a new state-backed investment fund with registered capital of 344 billion yuan ($47.5 billion) to boost the country's semiconductor industry.| Louise Matsakis / Big Technology: |
How Shein and Temu, which are spending billions on digital ads and offering steep discounts or free products, have become big threats to Amazon in the US — In the fall of 2020, Amazon looked unstoppable. The pandemic lockdowns had supercharged its e-commerce business …
X: @carnage4life, @carnage4life, @joshuaogundu, @lmatsakis, and @kantrowitz
| Financial Times: |
A look at the UK's $5.5B gaming industry, as private equity firm EQT makes a £2.2B offer for Keyword Studios, and other developers shore up their balance sheets — Developers shore up their balance sheets after a difficult few years — Pass the controller.
LinkedIn: Patrick O'Donnell
| TIME: |
LLMs aren't sentient; they lack the physiological states required for sensations like hunger and pain, and thus can't have subjective experiences of such states — Artificial general intelligence (AGI) is the term used to describe an artificial agent that is at least as intelligent as a human …
More: DigiTimes. Threads: @ianbetteridge, @carnage4life, and @sethcjayson. Mastodon: @technocounselor …
Bluesky: @motomatters.bsky.social and @zitron.bsky.social
X: @gergelyorosz, @ylecun, @mattrosoff, @vsikka, @ericlandgrebe, @psychosort, @eshear, @eshear, @ylecun, @landay, @dioscuri, @jonasmtzgr, @oshanjarow, @hamandcheese, @chrszegedy, @idavidrein, @sean_a_mcclure, @mealreplacer, @drfeifei, and @dioscuri. LinkedIn: Ross Dawson. Forums: r/technology
| David Keohane / Financial Times: |
SoftBank's outlay for AI investments has more than doubled to $8.9B in the 12 months since Masayoshi Son said the firm was ready to go on the “counteroffensive” — Japanese group says it will ‘step up’ artificial intelligence outlays without stretching financesSponsor Posts
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Zoho:
Zoho RPA named a Leader in the 2026 RPA Technology Value Matrix by Nucleus Research — Zoho RPA has been named a Leader in the 2026 RPA Technology Value Matrix, published by Nucleus Research …
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Access:
A top iPhone app developer reacts to Apple's new Siri
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Hard Fork:
'Hard Fork' Live, Part 1: Satya Nadella and Cindy Cohn
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
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The Upstarts Podcast:
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