| Cade Metz / New York Times: |
OpenAI creates a Safety and Security Committee to explore AI risks and begins training its new flagship AI model, which won't arrive for at least nine months — The advanced A.I. system would succeed GPT-4, which powers ChatGPT. The company has also created a new safety committee to address A.I.'s risks.| 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: |
| Ivan Mehta / TechCrunch: |
Google unveils new AI features for Chromebook Plus devices, including Gemini, and says new Chromebook Plus owners will get a free year of Google One AI Premium — Google announced new AI-powered features today for its Chromebook Plus line of devices, such as a writing assistant … | Shaurya Malwa / CoinDesk: |
Defunct bitcoin exchange Mt. Gox, which collapsed in 2014, moves 140K+ bitcoin, worth ~$9B, to an unknown address, likely as 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.| Zachary Small / New York Times: |
Hacking group RansomHub claims to be behind the cyberattack 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.| CNBC: |
T-Mobile plans to acquire most of UScellular, including stores, some of the wireless operator's spectrum, and its customers, in a $4.4B deal, including $2B debt — Shares of U.S. Cellular popped nearly 6% Tuesday after T-Mobile announced that it plans to acquire most of the company … | Yuan Gao / Bloomberg: |
Chinese government data: foreign-branded smartphone shipments, most of which are iPhones, rose 52% YoY to ~3.5M in April, after stabilizing in March 2024 — - Official data for April showed Chinese mobile demand returning — The iPhone's bad start to the year prompted retail price cuts| Patrick Coffee / Wall Street Journal: |
PayPal plans to build an ad sales business around data generated from users and tracking purchases, and hires ex-Uber ad boss Mark Grether as PayPal Ads SVP — Payments company hires Uber's former head of advertising to run a new ad division — PayPal hopes to boost its growth by starting … | 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.| Charley Grant / Wall Street Journal: |
How AI demand is driving a rally in old school stocks in the utilities, energy, and materials sectors, which are needed to make and operate AI products — Old-school stocks in the utilities, energy and materials sectors are outpacing the wider market — Demand for artificial intelligence … | Stephanie Stacey / Financial Times: |
Dating apps try to woo Gen Z women by boosting moderation tools and more; Tinder has consistently lost MAUs since 2021 and paid users fell under 10M in Q1 2024 — Gen Z is a priority for Tinder and Bumble but threats and unsolicited material from potential suitors often turn users off| Bloomberg: |
How pro-Russian groups exploit Telegram, which has 41M MAUs in the EU, below the DSA's 45M threshold, to spread disinformation on Ukraine, immigration, and more — Pro-Russian disinformation groups are exploiting the “very, very lax” rules on Telegram and there's little EU authorities can do about it.
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| Reuters: |