| Bloomberg: |
Sources: OpenAI is in talks to raise $6.5B in equity financing at a $150B valuation and raise $5B in debt from banks in the form of a revolving credit facility — - Company set to raise $6.5 billion in equity financing — Banks also in talks to issue startup $5 billion in debt| Maxwell Zeff / TechCrunch: |
Adobe says generative AI features powered by its Firefly Video model will be available before the end of 2024 on the Premiere Pro beta app and on a free website — Users will get their first chance to try out Adobe's AI model for video generation in just a couple months.| Ben Schoon / 9to5Google: |
Google partners with The Internet Archive to link to the Wayback Machine in Search, letting users view archived versions of webpages under “About this page” — Rolling out starting today, Google Search results will now directly link to The Internet Archive to add historical context for the links in your results.| Aisha Malik / TechCrunch: |
Google adds Audio Overview to NotebookLM, letting users turn documents into audio discussions with two AI hosts that summarize and explain the source material — Google announced on Wednesday that its AI note-taking and research app, NotebookLM, is adding a new “audio conversations” feature.| Sarah Perez / TechCrunch: |
Bluesky rolls out the ability to post videos of up to 60 seconds with optional attached subtitles; each post can contain one video, and adult content is allowed — Bluesky, the social networking startup now nearing 10 million users thanks to X's ban in Brazil, will now allow users to share videos … | Kevin Breuninger / CNBC: |
Shares of Truth Social owner Trump Media closed down over 10% after Trump's debate with Harris, ending at their lowest level since they began publicly trading — The share price of Trump Media plunged more than 10% on Wednesday, a day after majority shareholder Donald Trump gave … | Jake Evans / ABC: |
Meta admits to scraping every Australian adult Facebook and Instagram user's public data to train AI, with no opt-out, which isn't required under privacy law — In short: — Facebook is scraping the public data of all Australian adults on the platform, it has acknowledged in an inquiry.| Kyle Wiggers / TechCrunch: |
Mistral releases its first multimodal model, Pixtral 12B, available on GitHub and Hugging Face, and via API-serving platforms Le Chat and Le Platforme “soon” — French AI startup Mistral has released its first model that can process images as well as text.| CRN: |
Altera CEO denies a report that Intel plans to outright sell Altera, saying the plan is to sell a stake in the business and push for an IPO of the unit by 2026 — Altera CEO Sandra Rivera denies a report that Intel is planning to outright sell its programmable chip business.| Taylor Swift / Taylor Swift on Instagram: |
Taylor Swift says she's voting for Kamala Harris, noting that Donald Trump sharing an AI-generated image of her “endorsing” him prompted her to reveal her plans — Like many of you, I watched the debate tonight. If you haven't already, now is a great time to do your research … | Alex Riehl / BetaKit: |
Vancouver-based Spare, whose software helps transit agencies offer transport services based on riders' own needs, raised a CA$42M Series B led by Inovia Capital — Vancouver-based transit software startup Spare has secured a $42 million Series B round as it looks to carve out a place in the paratransit sector.| Marie Dealessandri / GamesIndustry.biz: |
Seoul-based Spoon Labs, which operates an audio streamer called Spoon and a short video app called Vigloo, raised ~$89.3M from PUBG publisher Krafton — It's the firm's largest investment in a non-gaming area to date — PUBG firm Krafton has invested KRW 120 billion ($89.3 million) in streaming company Spoon Labs.
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| Lauren Feiner / The Verge: |
| Aisha S Gani / Bloomberg: |
| Brianna Sacks / Washington Post: |
| Hans Peter Brondmo / Wired: |
| Kyle Wiggers / TechCrunch: |
| Wendy Davis / MediaPost: |
| Carl Franzen / VentureBeat: |
| Joe Mayes / Bloomberg: |
| Paul Sawers / TechCrunch: |
| John Timmer / Ars Technica: |
| Arjun Kharpal / CNBC: |