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July 17, 2024, 11:05 AM
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| Marina Temkin / TechCrunch: |
On their podcast, Marc Andreessen and Ben Horowitz explain why they are backing Trump, say Trump is pro-crypto, Biden's overregulation harms startups, and more — Marc Andreessen, the co-founder of one of the most prominent venture capital firms in Silicon Valley, says he's been a Democrat most of his life.
More: Benzinga, DL News, Axios, Crypto Briefing, The Information, and Bloomberg
X: @danprimack, @kelseytuoc, @kelseytuoc, @kelseytuoc, @kelseytuoc, @davidsacks, @pmarca, @tsarnick, @danprimack, @alexiskold, @danprimack, @jessicalessin, @dpinsen, @prestonjbyrne, @carnage4life, @kateclarktweets, @aphysicist, @ericjackson, @ktmboyle, @pmarca, @spiritofpines, @jessesingal, @shonaghosh, @mattzeitlin, @pmarca, @elonmusk, @billhughesdc, @garymarcus, @carnage4life, @a16z, @johnkonrad, and @bennjordan
| New York Times: |
Sources: at a June dinner, David Sacks, Chamath Palihapitiya, and others told Trump to pick JD Vance as VP; Elon Musk and Peter Thiel also advocated for Vance — Mr. Vance spent less than five years in Silicon Valley's tech industry, but the connections he made with Peter Thiel and others became crucial to his political ascent.| The Information: |
Marc Andreessen and Ben Horowitz say Trump is the right choice for “Little Tech”; sources say they plan to make large donations to PACs supporting his campaign — Venture capital bigwigs Marc Andreessen and Ben Horowitz have told staff at Andreessen Horowitz that they plan …
More: Stratechery, a16z on YouTube, Financial Times, Bloomberg, Axios, Axios, Associated Press, Inc.com, Forbes, Fox Business, Seeking Alpha, New York Post, Gizmodo, Business Insider, CNBC, The Atlantic, Axios, Cointelegraph, The Verge, Le Monde.fr, The Information, Wall Street Journal, and New York Times
Threads: @anildash, @yannlecun, @benedictevans, @technicallymims, @gk_ventures, @technicallymims, @benedictevans, @benedictevans, @moskov, and @carnage4life
| Cat Zakrzewski / Washington Post: |
More: Music Ally, Platformer, The Hill, and Marc Andreessen Substack
| Reuters: |
Sources: GitLab, which has an ~$8B market cap, is exploring a sale after attracting interest from its peers, including Datadog, which has a $44B market cap — GitLab (GTLB.O), a U.S. provider of cloud-based software development tools whose investors include Google parent Alphabet (GOOGL.O) … | Bloomberg: |
Donald Trump says “I'm for TikTok, because you need competition”, and “if you don't have TikTok, you have Facebook and Instagram” and “that's Zuckerberg” — It's late June, and Donald Trump is plotting his next presidency in the gilded offseason isolation of the Mar-a-Lago Club.
More: Bloomberg, CoinDesk, Watcher Guru, HuffPost, Reuters, The Independent, The Crypto Times, Proactive, Business Insider, Mobile World Live, Cryptonews, The Block, Axios, The Information, and The Defense Post
Threads: @technicallymims. X: @thorstenbenner, @jimgeraghty, @jamescrabtree, @kyleichan, @davidjoachim, @thestalwart, @fbermingham, @hiattb, @shashj, @tomgara, @drewpavlou, @mrjeffu, @josephzeballos, @jakesherman, @sarahfrier, @prem_thakker, @thestalwart, @john_hudson, @alexwickham, @bgrueskin, @mackhawk, @_danilo, @drewpavlou, @bradstone, @joumannatv, @mackhawk, @jason_kint, and @katie_roof
Forums: r/Sino, r/neoliberal, and r/politics
| Bloomberg: |
Sources: the US is mulling imposing the foreign direct product rule, seen as draconian by allies, on Tokyo Electron and ASML's chip equipment business in China — - Restrictions would hit technology from Tokyo Electron and ASML — US companies like Lam have urged softer approach in meetings
More: Financial Times, Tom's Hardware, The Register, Silicon Valley Business …, South China Morning Post, CNBC, Quartz, Forbes, CryptoGlobe, Benzinga, Barron's Online, Proactive, Invezz, Bloomberg, Reuters, and DigiTimes
X: @6d6f636869, @technology, @mackhawk, and @thorstenbenner
Forums: r/wallstreetbets and r/europe
| Laura Waxmann / San Francisco Chronicle: |
Elon Musk says he plans to move X's headquarters to Austin, a day after he protested a new California law that bans schools' transgender notification policies — San Francisco real estate market participants confirmed last week that a majority of the Market Street headquarters of X Corp. …
More: BBC, PCMag, The Verge, Wired, The Independent, MarketWatch, International Business Times, CNBC, Reuters, Agence France-Presse, Business Insider, Wall Street Journal, Cryptopolitan, Washington Post, Politico, Cointelegraph, New York Post, New York Times, Associated Press, NBC News, Variety, The Guardian, TechCrunch, Houston Business Journal, The Shortcut, Associated Press, The San Francisco Standard, Financial Times, Tech Startups, CoinGape, Bloomberg, Fast Company, San Francisco Business Times, Los Angeles Times, Quartz, The Information, and Fox News
Threads: @karaswisher, @davepell, @kalihays1, @mac_ryan_, and @daveleebbg
X: @elonmusk, @elonmusk, @elonmusk, @gregabbott_tx, @elonmusk, @jason, @gavinnewsom, @jason, @rmac18, @alexshultz, @laura_waxee, @scott_wiener, @allahliker, @evacide, @robhof, @nicoleperlroth, @tedcruz, @charliekirk11, @kevinkileyca, @realchrisrufo, @basedmikelee, @davidsacks, @trhlofficial, @parismarx, @jason, @elonmusk, @caitlyn_jenner, @elonmusk, and @libsoftiktok
Forums: r/sanfrancisco, r/RealTesla, and r/SpaceXLounge
| Emilia David / VentureBeat: |
Mistral launches two 7B LLMs: Codestral Mamba, for code generation, based on the Mamba architecture, and Mathstral, for math reasoning and scientific discovery — The well-funded French AI startup Mistral, known for its powerful open source AI models, launched two new entries in its growing family …
More: Mistral AI, InfoWorld, Hugging Face, Ben's Bites, Mistral AI, MarkTechPost, Gen AI, and AIM
X: @mistralai, @_philschmid, @arthurmensch, @francoisfleuret, @bycloudai, @reach_vb, @dchaplot, @guillaumelample, and @samlakig. LinkedIn: Marjorie Janiewicz. Forums: r/LocalLLaMA
| Allison Johnson / The Verge: |
Hands-on with the Samsung Galaxy Z Fold6's AI-generated “sketch to image” tool: turns rough sketches into images, ridiculous, fun, and slightly worrying — The pirate ship in Elliott Bay was one thing, but it was a little blurry bee that sent me over the edge.
X: @fdaudens
| Arjun Kharpal / CNBC: |
ASML reports Q2 net sales down 9.5% YoY to €6.2B, vs. €6B est., net income down 18.7% YoY to €1.6B, vs. €1.4B est., expects 2024 total net sales similar to 2023 — ASML reported second-quarter earnings and sales that beat forecasts, as interest in artificial intelligence chips drives …
More: ASML, Investor's Business Daily, Quartz, Bloomberg, Bloomberg, Tech Monitor, TrendForce Insights, ASML, Benzinga, Reuters, and BusinessLIVE
X: @asmlcompany, @asmlcompany, @economyapp, and @technology
| Sharon Goldman / Fortune: |
In an interview, Google DeepMind and Google Research Chief Scientist Jeff Dean says AI is not to blame for the brunt of data center emissions increase — Google sent a jolt of unease into the climate change debate this month when it disclosed that emissions from its data centers rose 13% in 2023 … | Financial Times: |
Source: Fei-Fei Li's World Labs, founded in April 2024 and aiming to create “spatial intelligence” in AI, raised ~$100M in its latest round at a $1B+ valuation — Stanford computer scientist's ‘spatial intelligence’ venture wins backing from investors including Andreessen Horowitz| Emilia David / VentureBeat: |
Google unveils Project Oscar, an open-source platform to help product teams monitor software issues or bugs via AI agents, at its I/O Connect Bengaluru event — Google has announced Project Oscar, a way for open-source development teams to use and build agents to manage software programs.
More: Thurrott, TechCircle, Google Developers Blog, SiliconANGLE, and The Indian Express
| Akash Sriram / Reuters: |
Andrej Karpathy, an OpenAI co-founder and former head of Tesla's autopilot unit, unveils Eureka Labs, a “new kind of school” aiming to support teachers with AI — Computer scientist Andrej Karpathy announced on Tuesday that he was starting an AI-integrated education platform named Eureka Labs …
More: The Decoder, Cointelegraph, AIM, Silicon Republic, Maginative, SiliconANGLE, Ars Technica, The Crypto Times, VentureBeat, The Information, The Verge, TechCrunch, Bloomberg, Tech Startups, and Simon Willison's Weblog
Forums: r/singularity and r/artificial
| Bloomberg: |
Yemen says a ship has repaired the subsea AAE-1 cable, linking Asia and Europe, in the Red Sea, and remains in the water to repair the Seacom and EIG cables — - Vessel owned by UAE-based telco making repairs amid conflict — Fixes to internet cables delayed by geopolitical friction| Samuel Stolton / Bloomberg: |
The EU's General Court says TikTok is large enough to fall under the DMA, rejecting ByteDance's challenge; ByteDance can appeal to the European Court of Justice — - TikTok attempt to avoid EU's Digital Markets Act is dismissed — Chinese-owned social media giant also risks ban in the US| Ron Miller / TechCrunch: |
Apple device management platform Kandji raised $50M equity and $50M debt from General Catalyst, after raising $100M in 2021, taking its total funding to $288M+ — At a time when many startups have struggled to raise money and keep their heads above water, Kandji, an Apple device management platform, has been an exception.
More: Apple Must, 9to5Mac, FinSMEs, SiliconANGLE, and The Crypto Basic
| Steven Scheer / Reuters: |
Israel-based CytoReason, which uses AI to develop disease models, raised $80M from Nvidia, Pfizer, Thermo Fisher, and OurCrowd, and plans a Massachusetts office — Israel's CytoReason, which uses AI to develop disease models, said on Wednesday it had raised $80 million in a private funding round.
More: FinSMEs, CTech, CytoReason, and ENDPOINTS NEWS
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