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Techmeme
September 12, 2024, 12:20 AM
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Top News

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.
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 …
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.
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 …
Bloomberg:
AST SpaceMobile's stock is up ~1,300% since a record low in April 2024 and following deals with AT&T and Verizon in May to provide wireless service from space  —  - AST SpaceMobile shares lead Russell 2000 over past six months  — Squeeze is possible with over 20% of AST shares are sold short
More: Motley Fool
Lily Hay Newman / Wired:
A look at Apple's Private Cloud Compute for Apple Intelligence, which Craig Federighi says allows personal data to be “sealed inside of a privacy bubble”  —  Private Cloud Compute is an entirely new kind of infrastructure that, Apple's Craig Federighi tells WIRED …
Todd Feathers / Gizmodo:
Nevada is working with Google to launch a generative AI tool that will issue recommendations to human referees on whether unemployed workers should get benefits  —  The state is working with Google on a first-of-its-kind generative AI system that will analyze transcripts from appeals hearings …

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This is a Techmeme archive page. It shows how the site appeared at 12:20 AM ET, September 12, 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

Alex Ritman / Variety:
In Channel 4's 2025 Alternative Christmas Message, Jimmy Kimmel said “tyranny is booming” in the US and, on his ABC suspension, “We won, the president lost”

Todd Spangler / Variety:
Trump says Stephen Colbert is a “pathetic trainwreck” and “CBS should, ‘put him to sleep,’ NOW”, after CBS aired a Late Show rerun in which Colbert mocked Trump

Rebecca Rubin / Variety:
Disney crosses the $6B milestone at the box office for the first time since the COVID-19 pandemic; no other studio has managed to reach $6B since 2015

More News

Lauren Feiner / The Verge:
On Day 2 of the US DOJ's antitrust trial focused on ads, a former News Corp executive testifying as a government witness said Google held publishers “hostage”
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”

Earlier Picks

Aisha S Gani / Bloomberg:
A surge in alleged scams poses a serious image problem for Revolut, which faces more complaints than all its UK rivals facing authorized push payment scams
Hans Peter Brondmo / Wired:
The former CEO of Everyday Robots, Alphabet's AI robotics moonshot that was shut down in January 2023, reflects on its start and efforts to give AI a robot body
Kyle Wiggers / TechCrunch:
Sergey Brin says he's working at Google “pretty much every day” and that AI algorithmic improvements are “even outpacing the increased compute” put into models
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