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Techmeme
August 30, 2024, 9:40 AM
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Top News

Takashi Mochizuki / Bloomberg:
Sources: Tencent and NetEase reconsider or scale back Japanese game studio investments, after the strategy yielded few hit games and the Chinese market revived  —  - China's biggest game publishers are rethinking expansion plans  — ‘Wukong’ success also encouraged looking domestically for hits
Ryan Smith / AnandTech:
AnandTech shuts down after covering PC and mobile hardware for over 27 years; publisher Future plans to keep its website and articles live indefinitely  —  It is with great sadness that I find myself penning the hardest news post I've ever needed to write here at AnandTech.
Bloomberg:
Sources: Intel explores options to cope with historic slump, including a split of its product and foundry units and potentially scrapping some factory projects  —  - Once-dominant chipmaker looks to longtime bankers for help  — Possible moves could include split of product, foundry units
Bloomberg:
Sources: Nvidia, Apple, and Microsoft, the three most valuable tech companies, are in talks to join the funding round that would value OpenAI at over $100B  —  - Apple, Microsoft also have been in talks about participating  — Financing would value OpenAI at more than $100 billion
Leo Schwartz / Fortune:
Bridge, which aims to build a global payment network around stablecoins, raised $40M led by Sequoia and Ribbit, taking its total funding to $58M  —  The crypto industry has long sought a “killer app” to bring digital assets into the mainstream.  Recently, though, some are pointing …
Daniel Carvalho / Bloomberg:
A Brazilian Supreme Court justice blocks Starlink bank accounts in Brazil in a bid to force Elon Musk to pay X's fines; the court has also threatened to block X  —  - Starlink bank accounts blocked to pay for fines on X  — Court threatens to block X for lack of Brazil representative
Maxwell Zeff / TechCrunch:
Google rolls out Gmail Q&A, a feature that allows users who pay for Gemini to chat with and use the AI assistant for their emails, on Android and soon on iOS  —  Gmail users on Android devices can now chat directly with Google's AI assistant, Gemini, about their emails in the Gmail app.
Carl Franzen / VentureBeat:
Alibaba releases Qwen2-VL, a new AI model that it says can analyze videos longer than 20 minutes to summarize and answer questions about the videos' content  —  Alibaba Cloud, the cloud services and storage division of the Chinese e-commerce giant, has announced the release of Qwen2-VL …
More: Qwen.  X: @alibaba_qwen, @altryne, @altryne, and @reach_vb.  Forums: r/LocalLLaMA
Rachel Graf / Bloomberg:
A federal judge dismisses a lawsuit claiming Elon Musk and Tesla pumped up Dogecoin into a “pyramid scheme”, finding that Musk's statements were “aspirational”  —  Investors who lost tens of thousands of dollars investing in the cryptocurrency faulted Musk for promoting …
Ina Fried / Axios:
OpenAI says ChatGPT weekly active users doubled since last year to 200M+, 92% of Fortune 500 companies use its tools, and automated API usage doubled since July  —  - Meta said earlier on Thursday adoption of its open source Llama models has also grown sharply.
Kyle Wiggers / TechCrunch:
Magic, which makes AI tools for coding and to automate software development tasks, raised $320M from Eric Schmidt and others, bringing its total raised to $465M  —  Magic, an AI startup developing models to generate code and automate a range of software development tasks …

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 9:40 AM ET, August 30, 2024.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Ashley Capoot / CNBC:
Disney and OpenAI sign a three-year deal to bring 200+ Disney characters to Sora; Disney will make a $1B investment in OpenAI and become a major OpenAI customer

Sara Guaglione / Digiday:
The Washington Post's new Your Personal Podcast, which offers AI-generated customizable podcasts, was developed under a multiyear agreement with ElevenLabs

Benjamin Mullin / New York Times:
Arkansas PBS severs ties with the PBS network, the first state public TV system to do so since Congress cut CPB funds, citing the annual $2M+ membership cost

More News

Jay Peters / The Verge:
Meta is opening up Horizon Worlds to users aged 10 to 12 with parental approval, and rolls out a new age rating system for worlds to help parents supervise kids
Kif Leswing / CNBC:
Dell Q2: revenue up 9% YoY to $25.06B, vs. $24.53B est., servers and networking revenue up 80% to $7.76B, net income up 85% to $841M; DELL rose 3%+ after hours

Earlier Picks

Katie Paul / Reuters:
Meta says its Llama models were downloaded almost 350M times, are used by AT&T and others, and usage via cloud providers more than doubled from May to July 2024
Zack Whittaker / TechCrunch:
Google says Russia-linked APT29 is using exploits that are “identical or strikingly similar” to those previously made by spyware makers Intellexa and NSO Group
Shirin Ghaffary / Bloomberg:
The US says OpenAI and Anthropic agreed to give the US AI Safety Institute early access to major new AI models to test and evaluate their capabilities and risks
Nico Grant / New York Times:
Yelp sues Google, alleging Google abused its dominance in general search to gain an unfair advantage in the local search and local search advertising markets
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