Techmeme
June 13, 2024, 4:20 AM

Top News

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 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 …
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 …
Bloomberg:
Terraform Labs agrees to pay $4.47B to resolve a 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
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:
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.
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 …
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.
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
Arsheeya Bajwa / Reuters:
Broadcom reports Q2 revenue up 43% YoY to $12.49B, vs. $12.01B est., raises FY 2024 revenue forecast, announces a 10:1 stock split; AVGO jumps 9%+  —  Tech conglomerate Broadcom (AVGO.O) raised its annual revenue forecast on Wednesday, betting on higher demand for its networking equipment …

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More News

David Pierce / The Verge:
Threads: @imdavidpierce and @reckless1280Mastodon: @kottke@mastodon.social
X: @verge, @stephenlrose, and @ambermacLinkedIn: Chris Weaver
Christine Hall / TechCrunch:
Sean Michael Kerner / VentureBeat:
Pew Research Center:

Earlier Picks

Kate Knibbs / Wired:
Ivan Mehta / TechCrunch:
Andrew J. Hawkins / The Verge:
Ina Fried / Axios:
Andrew Cunningham / Ars Technica:
Verne Kopytoff / Fortune:
Mariella Moon / Engadget:
Jordan Novet / CNBC: