| Mark Gurman / Bloomberg: |
Sources: Apple isn't paying OpenAI as part of their partnership and aims to eventually make money from AI by striking revenue-sharing deals with chatbot owners — - The iPhone maker isn't paying OpenAI to use the chatbot — Apple announced OpenAI agreement as part of AI push this week| The Information: |
Sources: OpenAI's annualized revenue hits $3.4B, up from $1B in summer 2023 and $1.6B in late 2023, with $3.2B from subscriptions to its chatbots and API fees — OpenAI has more than doubled its annualized revenue to $3.4 billion in the past six months or so, OpenAI CEO Sam Altman has told staff … | Financial Times: |
OpenAI expands its global affairs team from three at the start of 2023 to 35 now, stationed strategically in locations where AI legislation is advanced — ChatGPT maker beefs up global affairs unit as politicians push for new laws that could constrain powerful AI models| Reed Albergotti / Semafor: |
AI search engine Perplexity says it was working on revenue-sharing deals with publishers when Forbes criticized it for misusing content from Forbes and others — The Scoop — Perplexity, the AI search startup that recently came under fire from Forbes for allegedly misusing its content … | Kyodo News: |
Japan passes a law that prohibits Apple and Google from limiting the sale of third-party apps and services that compete with native iOS and Android offerings — Japan's parliament enacted Wednesday a law to promote competition in smartphone app stores by restricting tech giants Apple Inc … | Bloomberg: |
Terraform Labs agrees to pay $4.47B to resolve an SEC lawsuit, after a jury in April 2024 found the company and Do Kwon liable for fraud following a civil trial — - Deal includes $204.3 million payment by founder Do Kwon — Terraform, Kwon found liable for fraud in April civil trial| Abner Li / 9to5Google: |
Google says ChromeOS will soon be developed on portions of the Android stack, including its Linux kernel and frameworks, to bring AI features to users faster — Google announced today that ChromeOS will be “developed on large portions of the Android stack” going forward.| Joseph Cox / 404 Media: |
A hacker says they breached Tile internal tools, including one for processing data for cops, and stole customer data like phone numbers, addresses, and Tile IDs — A hacker broke into systems used by Tile, the tracking company, then stole a wealth of customer data and had access to internal company tools.| Abner Li / 9to5Google: |
Long-time Android Engineering VP Dave Burke steps down to explore “AI/bio” projects within Alphabet; sources say Platforms & Devices team is undergoing a reorg — Back in April, Google announced a merger of the Platforms & Ecosystems and Devices & Services divisions.| Samuel K. Moore / IEEE Spectrum: |
MLCommons shares results from its MLPerf 4.0 training benchmarks, which added Google's and Intel's AI accelerators; Nvidia H100 GPUs topped all nine benchmarks — For years, Nvidia has dominated many machine learning benchmarks, and now there are two more notches in its belt.| Kylie Robison / The Verge: |
Sources: at an all-hands, X CEO Linda Yaccarino urged staff to discuss xAI's Grok with advertisers; questions about delayed promotions were largely unaddressed — During an internal all-hands meeting led by X CEO Linda Yaccarino on Wednesday, concerned employees tuned in to hear … | Reuters: |
Samsung announces plans to speed up the delivery of AI chips for clients by integrating its memory chip, foundry, and chip packaging services — Samsung Electronics (005930.KS) said its contract manufacturing business plans to offer a one-stop shop for clients to get their AI chips made faster … | Jordan Novet / CNBC: |
Databricks tells investors its annualized revenue is expected to reach $2.4B through July 2024, or the first half of its FY 2025, up 60% from a year earlier — Databricks, the data analytics software vendor that's among the most richly valued private U.S. tech companies …
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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.
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