| 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| 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 … | 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.| Bloomberg: |
Terraform Labs agrees to pay $4.47B to resolve a US SEC lawsuit, after a jury in April 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.| The Information: |
Sources: OpenAI's annualized revenue has hit $3.4B, up from $1.6B in late 2023 and $1B last summer; $3.2B comes 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 … | 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 … | 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 … | 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.| 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.| Financial Times: |
OpenAI says it has expanded its global affairs team from three at the start of 2023 to 35, 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%+ after hours — Tech conglomerate Broadcom (AVGO.O) raised its annual revenue forecast on Wednesday, betting on higher demand for its networking equipment … | Wall Street Journal: |
A look at Satya Nadella's AI efforts; source: some future Microsoft AI products may be switched from OpenAI tech to the model being developed by Suleyman's team — After landing the deal that launched his company to the front of the artificial-intelligence race, the tech chief is spreading his bets.| Sean Michael Kerner / VentureBeat: |
Stability AI releases Stable Diffusion 3 Medium, intended to be a smaller yet capable model on consumer GPUs, with 2B parameters, compared to SD3 Large's 8B — Bigger isn't always better, especially when it comes to running generative AI models on commodity hardware.| Mary Ann Azevedo / TechCrunch: |
An interview with Brex co-founders Henrique Dubugras and Pedro Franceschi, who is now its sole CEO, on restructuring, being cash-flow positive by 2025, and more — Since fintech startup Brex's inception in 2017, its two co-founders Henrique Dubugras and Pedro Franceschi have run the company as co-CEOs.
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