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May 28, 2024, 12:25 PM
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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:
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
Tom Warren / The Verge:
Microsoft confirms Call of Duty: Black Ops 6 will be available day one on Xbox Game Pass and PC Game Pass; Activision typically sells 20M+ copies of a COD game  —  “We're excited to confirm that Game Pass members will be able to jump into Call of Duty: Black Ops 6 on day one with Game Pass …
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.
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 …
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 its stores, some of its spectrum assets, and its customers, in a $4.4B deal, including up to $2B of 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
Washington Post:
A look at “prebunking”, or exposing people to low doses of misinformation with explanations to develop “mental antibodies” to disinformation, ahead of elections  —  Election officials around the world are adopting “prebunking” campaigns, as AI and other threats jeopardize voting.

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This is a Techmeme archive page. It shows how the site appeared at 12:25 PM ET, May 28, 2024.

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From Mediagazer

Wall Street Journal:
Sources: Disney is planning to eliminate as many as 1,000 positions in the coming weeks, many from the company's recently consolidated marketing department

Dade Hayes / Deadline:
Sources: Paramount is unlikely to appoint a direct successor to Jeff Shell after his departure; Shell had few direct reports and did not lead WBD negotiations

Tom Jones / Poynter:
MS NOW announces financial backing for the Pulitzer Center, and collaborations with The Marshall Project on ICE and States Newsroom to feature state reporting

More News

Earlier Picks

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
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
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
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