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September 11, 2024, 6:45 PM
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| 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.
More: The Adobe Blog, Adobe Video & Motion on YouTube, CNET, The Verge, VentureBeat, Reuters, Adobe Press Releases, Pocket-lint, Engadget, Seeking Alpha, Benzinga, Tom's Guide, Creative Bloq, Axios, LifeHacker, Techopedia, Lifewire, Maginative, PetaPixel, How-To Geek, and Digital Trends
X: @adobevideo, @kyl33t, @btibor91, @adobevideo, @icreatelife, @aseemaa, @acostin, @icreatelife, @rufusd, @icreatelife, @kyl33t, and @kyl33t
LinkedIn: Sven Doelle, Saigin Govender, Alexandru Costin, Lior Shapira, Kylee Peña, and Jingwan
| 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.
More: Internet Archive Blogs, Gizmodo, How-To Geek, Tom's Guide, Android Authority, The Verge, Trusted Reviews, Digital Trends, Social Media Today, PhoneArena, XDA Developers, Search Engine Land, Search Engine Journal, Library Journal infoDOCKET, MakeUseOf, Neowin, and Engadget
X: @cyrusshepard, @kristileilani, @searchliaison, @racheltobac, @jakeadelstein, @rezendi, @firt, @textfiles, @markgraham, and @internetarchive. Forums: Hacker News
| 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.
More: The Keyword, The Verge, PCMag, Android Police, Techopedia, Android Central, ZDNET, and 9to5Google
| 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 …
More: Bluesky, Engadget, Neowin, MediaPost, The Verge, and Mashable
Threads: @eiaraief, @crumbler, @sarahprz, and @grantmcconnaughey
Bluesky: @bsky.app, @mmasnick.bsky.social, @pfrazee.com, and @emilyliu.me
Forums: r/technology and r/BlueskySocial
| 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 …
More: CNN, Bloomberg, New York Times, New York Magazine, ABC News, Wall Street Journal, The Daily Dot, CBS News, UPI, Associated Press, Inc.com, TipRanks Financial, Mediaite, NPR, Fortune, New York Post, Investor's Business Daily, Fast Company, Futurism, Forbes, The Daily Beast, Gizmodo, CryptoGlobe, Boing Boing, Quartz, and Raw Story
Forums: r/technology and r/inthenews
| 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.
More: 9to5Mac, SiliconANGLE, Engadget, The Guardian, Cyber Daily, The Tech Basic, Thurrott, PetaPixel, WinBuzzer, Android Headlines, Anadolu Ajansı …, Information Age, NewsBytes, RNZ, The Australian, The Age, The Canberra Times, The West Australian, and Federal Court of Appeal Canada
Threads: @crumbler. Mastodon: @Old_IT_geek@techhub.social, @analogfusion@mastodon.art, @marilyn@mathstodon.xyz, and @abcfeeds@rssfeed.media
Bluesky: @techviews.bsky.social and @mattknight.bsky.social
LinkedIn: Adam Barty and Anna Johnston
Forums: Hacker News, r/technology, r/worldnews, r/privacy, r/australian, and r/australia
| 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.
More: VentureBeat, SiliconANGLE, Mashable, Maginative, and Simon Willison's Weblog
X: @mistralai, @sophiamyang, @danielhanchen, @maziyarpanahi, @4evabehindsota, @reach_vb, @maartengr, and @iscienceluvr. Forums: Hacker News
| 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 …
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Mastodon: @patrickhadfield@mastodon.scot, @jwisser@wandering.shop, @chris@mstdn.games, and @frankejames@mastodon.online
Bluesky: @albertsonb2.bsky.social and @atherton.bsky.social
X: @elonmusk, @pkafka, @fredericjacobs, @lulumeservey, @edzitron, @rachelmetz, @devahaz, @samleecole, @swiftonsecurity, @oneunderscore__, @ranjanxroy, @peter, @jason_kint, @chartstswift, @swiftonsecurity, @erratarob, @swiftonsecurity, @yoda, @nicoleperlroth, @msnbc, and @msnbc. LinkedIn: Emil Protalinski
Forums: r/politics, r/TwoXChromosomes, r/politics, r/VaushV, r/Staiy, r/FemaleAntinatalism, r/antinatalism, r/NewsOfTheStupid, r/politics, r/ChildfreeIndia, r/politics, r/artificial, r/MAGANAZI, r/inthenews, r/fivethirtyeight, r/LincolnProject, r/politics, r/TimWalz, r/AnythingGoesNews, r/Pennsylvania, r/AllThatIsInteresting, r/Destiny, r/politics, r/democrats, r/neoliberal, r/KamalaHarris, r/TheLib, r/redscarepod, r/Destiny, r/popheads, and r/SwiftlyNeutral
| 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.
More: Game Developer, Spoon Labs, Insider Gaming, Forbes, PocketGamer.biz, and KED Global
Sponsor Posts
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Sources:
AWS CEO Matt Garman on building a $1 trillion business
Candid conversations with the leaders shaping what's next in AI and the broader tech industry. Hosted by Alex Heath, who has covered Silicon Valley for more than a decade.
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