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May 27, 2024, 7:10 PM
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| xAI: |
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 Verge, Financial Times, Forbes, PCMag, PYMNTS.com, The Information, SiliconANGLE, The Hill, News.ng, Associated Press, Wall Street Journal, Reuters, MSPoweruser, Neowin, Network World, Bloomberg, Business Insider, Coinspeaker, CCN.com, Cryptopolitan, New York Post, Cointelegraph, TechSpot, iPhone in Canada Blog, Cryptonews, WinBuzzer, Tech in Asia, The Crypto Times, CoinGape, VentureBeat, New York Times, The Decoder, Benzinga, CryptoSlate, and On my Om
X: @xai, @elonmusk, @elonmusk, @ylecun, @ylecun, @ylecun, @elonmusk, @elonmusk, @ylecun, @ylecun, @elonmusk, @ylecun, @jimmybajimmyba, @danprimack, @danprimack, @didier_lopes, @garymarcus, @andrewcurran_, @devindkim, @carnage4life, @mikebutcher, @johnhering, and @jamestitcomb. LinkedIn: Anissa G.
Forums: Hacker News, r/elonmusk, 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 his Twitter takeover; some investors also backed OpenAI — - That said, there's plenty of overlap in the investor list, and it's unclear if the original Twitter/X backers …
More: The Information, The Hollywood Reporter, Reuters, Maginative, Nairametrics, Silicon Republic, Lingolol, The Guardian, Pulse 2.0, Cryptopolitan, Benzinga, Businessday NG, Tech Xplore, TechPowerUp, Interesting Engineering, WinBuzzer, Coinpedia Fintech News, and Digital Journal. Bluesky: @realphilgold.bsky.social
| 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: The Verge, SiliconANGLE, 9to5Mac, SemiAnalysis, Engadget, AppleInsider, iMore, MacRumors, 9to5Mac, 9to5Mac, Android Authority, HotHardware, Laptop Mag, The Decoder, Fossbytes, PhoneArena, BGR, Cult of Mac, iPhone in Canada Blog, MySmartPrice, nextpit, Android Headlines, MobileSyrup, Ben's Bites, Hindustan Times, Android Police, iDownloadBlog.com, iThinkDifferent, Stuff, PC Guide, WinBuzzer, CNET, Phandroid, Blockonomi, The Sun, Dexerto, Gadgets 360, Spyglass, Redmond Pie, PYMNTS.com, Business Insider, XDA Developers, Gizmodo Australia, Neowin, Benzinga, Wccftech, MacRumors, PCMag, Sammy Fans, Tech Advisor, Patently Apple, The Apple Post, Supercharged, and Philip Elmer‑DeWitt
X: @markgurman, @parkerortolani, @staska, @gartenberg, @steven_aquino, @betaprofiles, @parkerortolani, @carnage4life, @saschasegan, @brandonbutch, @sdw, @ashleevance, @dinodaizovi, @autismcapital, @gartenberg, @saranbyte, @spercharged, and @leakerapple
Forums: r/technology, r/technology, r/singularity, r/ChatGPT, r/apple, and r/OpenAI
| 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, Variety, Cryptopolitan, TechSpot, MobileSyrup, Benzinga, IndieWire, The Hollywood Reporter, IGN, and Deadline
X: @carnage4life, @enigmamfilms, @nick_field90, @pmathew814, @carnage4life, @webbarr, and @discussingfilm
Forums: r/technology, r/Fauxmoi, and r/netflix
| 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, PCMag, TechRadar, Neowin, WinBuzzer, MSPoweruser, MEDIANAMA, SiliconANGLE, and MarkTechPost
X: @groby, @technofrontiers, @holdenmatt, @vjhaapalahti, @rokas_kruminas, @pftg, @hypermindai, @jamescham, @agpatriota, @jacobi_torsten, @jessebenisrael, and @emollick. LinkedIn: Luc Pettett. Forums: Hacker News
| 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, @karadapena, @firstadopter, @melindabchu1, @aravsrinivas, @aravsrinivas, and @denisyarats
| 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.
More: CNN, SiliconANGLE, Fortune, Wall Street Journal, Financial Times, eeNews Europe, Benzinga, WinBuzzer, Nikkei Asia, Reuters, The Information, South China Morning Post, and GSMArena.com
X: @sino_market, @gaoyuan86, @dnystedt, and @pelstrom
Forums: r/Economics and Slashdot
| 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 …. X: @emollick. LinkedIn: Abhishek Sharma and Randy Wilkins
Forums: r/technology and r/singularity
| Stephanie Stacey / Financial Times: |
Dating apps are trying to woo Gen Z women by boosting moderation tools and more; Tinder has consistently lost MAUs since 2021 and paid subs fell under 10M in Q1 — Gen Z is a priority for Tinder and Bumble but threats and unsolicited material from potential suitors often turn users off| 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 … | Foo Yun Chee / Reuters: |
Meta adds safety features to CrowdTangle for use during the EU elections, in a bid to address EU concerns over Meta's plan to shut down the tool in August 2024 — Meta Platforms (META.O) has added safety features to its misinformation tracking tool CrowdTangle for use during European Parliament elections …
X: @bravebosom, @orestepollicino, @clothildegouj, @mathver, and @rajiinio
| 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
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