Open Links In New Tab
Mobile Archives Advertise Site News
Techmeme
May 28, 2024, 5:50 AM
Mediagazer memeorandum WeSmirch
Home River Leaderboards About Events Newsletter

Top News

xAI:
xAI raised a $6B Series B from Valor, Vy Capital, a16z, Sequoia, Saudi Arabia's Kingdom Holding, and others, Elon Musk says at an $18B pre-money valuation  —  xAI is pleased to announce our series B funding round of $6 billion.  —  xAI is pleased to announce...
Axios:
Elon Musk says all of the $6B in xAI's Series B is new money, rather than shares “given” to investors in his Twitter takeover; some investors also backed OpenAI
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.
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 …
Zachary Small / New York Times:
Hacking group RansomHub claims to be behind the attack that hit Christie's, and threatens to release sensitive information about the auction house's clients  —  The hacking group RansomHub is threatening to release “sensitive personal information” about the auction house's clients.
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.
Washington Post:
A look at “prebunking”, or exposing people to low doses of misinformation with explanations to grow “mental antibodies” to disinformation, ahead of US elections  —  Election officials around the world are adopting “prebunking” campaigns, as AI and other threats jeopardize voting.
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.
Shaurya Malwa / CoinDesk:
Defunct bitcoin exchange Mt. Gox, which collapsed in 2014, moves 140K bitcoin, worth ~$9B, to an unknown address, likely part of a plan to repay creditors  —  Nearly 107,000 bitcoin have been moved since early Asian hours on Tuesday, with bitcoin shedding 1.2% on expectations of selling pressure.
John Koblin / New York Times:
A look at the growing importance of ads for video streaming services, as Antenna says that 56% of new subscribers chose the cheaper ad-supported tier in Q1 2024  —  Ads are here, there — almost everywhere — on streaming services now.  —  Not long ago, streaming TV came with a promise …
Wall Street Journal:
An analysis of responses by ChatGPT, Claude, Copilot, Gemini, and Perplexity 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.

Sponsor Posts

Google:
Try Gemini 3 Pro  —  Google's newest and most intelligent AI model that helps you bring any idea to life
Shopify:
Shopify: Revolutionizing Commerce with Winter '26  —  Over 200 new features transform how merchants build, design, and grow—with technology that amplifies creative vision.
Zoho:
Zoho Billing Enterprise Edition: A platform for strategic revenue operations  —  Today's enterprises are adopting more flexible pricing models, charging customers based on actual consumption.
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Sponsor Techmeme

Featured Podcasts

[trading places]:
 Ben Black Akkadian Ventures🏆 | Secondaries Secrets 💎 | RAISE Conf 🎯 | Vercel $9B 🚀
a very bad podcast about broken unicorns & busted carry hosted by dave mcclure and aman verjee
Subscribe to [trading places].
Channels with Peter Kafka:
 Lachlan Cartwright Started in Tabloids. Now He's a Must-Read Media Gossip.
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
Invest Like the Best:
 Gavin Baker - Nvidia v. Google, Scaling Laws, and the Economics of AI
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
Uncapped with Jack Altman:
 Pat Grady & Alfred Lin from Sequoia
Conversations with people I admire about things I'm genuinely interested in.
Subscribe to Uncapped with Jack Altman.
Big Technology Podcast:
 AI Device Wars Heat Up, RIP Metaverse?, Netflix Acquires Warner Brothers
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Decoder with Nilay Patel:
 Square's product chief on the death of the penny and the future of money
A show from the Verge about big ideas - and other problems.
Subscribe to Decoder with Nilay Patel.
Add your podcast here
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 5:50 AM ET, May 28, 2024.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Rohan Goswami / Semafor:
Sources: some WBD investors warm to David Ellison and his top team, after they were reassured that Paramount's Middle Eastern financing is secure

Alex Weprin / The Hollywood Reporter:
CBS names Tony Dokoupil as the new anchor of CBS Evening News as part of a major overhaul under Bari Weiss; Dokoupil is currently an anchor on CBS' morning show

Nick Vivarelli / Variety:
The UK's Channel 4 names Priya Dogra as CEO, starting March 2026, replacing Alex Mahon, who stepped down after eight years; Dogra currently works for Sky

More News

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
More: Tech in Asia.  Mastodon: @BrideOfLinux@mastodon ….  X: @emollick.  LinkedIn: Abhishek Sharma and Randy Wilkins
Forums: r/technology and r/singularity
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

Earlier Picks

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
Nikkei Asia:
IoT Analytics: Nvidia, whose Q1 data center revenue grew 427% YoY to $22.6B, has 90%+ market share for data center GPUs, as Intel and AMD scrap for second place
Zack Whittaker / TechCrunch:
Filings: US pharmaceutical company Cencora notified ~500K individuals since learning about a data breach in February 2024 that exposed health diagnoses and more
Mediagazer memeorandum WeSmirch
Home River Leaderboards About Events Newsletter