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September 28, 2024, 9:15 PM
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| Wall Street Journal: |
Source: Apple is no longer in talks to participate in an OpenAI funding round that is expected to raise as much as $6.5B — Company behind ChatGPT is aiming to raise around $6.5 billion in funding set to close next week — Apple is no longer in talks to participate in an OpenAI funding round expected …
More: Spyglass, Daring Fireball, 9to5Mac, Neowin, Business Times, Daily Journal, News.ng, PhoneArena, AppleInsider, iPhone in Canada Blog, Mashable, Business Today, iClarified, Reuters, Wccftech, Benzinga, NewsBytes, Business Insider, and Deccan Herald
Threads: @72mena and @firerock31
| New York Times: |
Docs: OpenAI had $300M in monthly revenue in August, up 1,700% since early 2023, 350M MAUs in June, and expects ~$3.7B in annual sales but $5B in losses in 2024 — As the company looks for more outside investors, documents reviewed by The New York Times show consumer fascination with ChatGPT and a serious need for more cash.
More: 9to5Mac, TechCrunch, CNBC, Fortune, Marcus on AI, TechRadar, DNyuz, The Decoder, Benzinga, Neowin, Simon Willison's Weblog, The Verge, The Information, Engadget, and Proactive
Threads: @gruber, @paul_rietschka, @kalihays1, and @benedictevans
X: @annmlipton, @grady_booch, @ccm_brett, @garymarcus, @jason_kint, @jason_kint, @modestproposal1, @modestproposal1, @amir, @mikeisaac, @zerohedge, @modestproposal1, @eringriffith, and @mikeisaac
LinkedIn: Brett Pollak and Pramod Gosavi
Forums: r/Economics and r/singularity
| Reuters: |
Sources: OpenAI expects its revenue to grow to $11.6B in 2025; ChatGPT has 10M paying users and could bring in $2.7B in revenue in 2024, up from $700M in 2023 — Thrive Capital is investing more than $1 billion of OpenAI's current $6.5 billion fundraising round, and it has a sweetener …
X: @cathiedwood and @manan
| New York Times: |
More: Tom's Hardware, TechSpot, Fortune, The Atlantic, Windows Central, and Digital Trends
Mastodon: @LilahTovMoon@tech.lgbt and @jalefkowit@vmst.io
Bluesky: @marsrover.bsky.social, @fluxandflow.bsky.social, @mikal-el.com, @indaindica.bsky.social, and @lifewinning.com
X: @stevelohr, @edzitron, @edzitron, @rahll, and @buccocapital
LinkedIn: Angela Chapman, Amanda Brock, and James Teare
Forums: Hacker News, r/ArtistHate, and r/singularity
| Ricardo Brito / Reuters: |
Court docs: Brazil's Supreme Court say X still needs to pay $5M+ in pending fines, including a new one, before it will be allowed to resume service in Brazil — Brazil's Supreme Court said on Friday that social platform X still needs to pay just over $5 million in pending fines …
More: TechCrunch, The Hill, The Verge, Mashable, Reclaim The Net, Engadget, Bloomberg, Associated Press, CNBC, Agence France-Presse, The Indian Express, Tech Xplore, Benzinga, and Inc.com
X: @globalaffairs and @morningbrew
| Bill Toulas / BleepingComputer: |
The US DOJ charges two Russians for operating $1B+ money laundering services for cybercriminals; one is accused of operating the Joker's Stash marketplace — The U.S. Department of Justice (DoJ) has announced charges against two Russian nationals for operating billion-dollar money laundering services …
More: U.S. Department of State, U.S. Department …, Krebs on Security, US Department of Justice, PCMag, Flashpoint, Cryptopolitan, Coinpedia Fintech News, SecurityWeek, Blockonomi, Bitcoin Insider, crypto.news, Cryptonews, and Decrypt
X: @vxdb, @secretservice, @secretservice, @usattyaber, @stateinl, @darkwebinformer, @edvanews, and @mopeng
LinkedIn: Lance Morginn and Brian Krebs
| Bloomberg: |
Sources: China is discouraging local companies from purchasing Nvidia's H20 chips to help expand the country's semiconductor industry and counter US sanctions — - Nvidia can only sell slower AI chips to China due to US curbs — Beijing is fostering domestic champions like Huawei, Cambricon| Brian Steinberg / Variety: |
Sources: Amazon Prime Video is in talks with veteran anchor Brian Williams to host a live Election Night special, its first entry into news-related programming — Brian Williams may have found his next TV-news job....except it won't be on traditional TV. — The veteran NBC News …
More: Wall Street Journal, Los Angeles Times, TechCrunch, The Hill, The Hollywood Reporter, IJR, Mediaite, Deadline, The Daily Beast, The Verge, TVLine, and DNyuz
Threads: @hbraun.jackson, @stevemberkowitz, @mcbride.david.j, @daveleebbg, and @crumbler. Bluesky: @jeremydstanley.com
| Stephanie Stacey / Financial Times: |
Bumble, Muzz, and Match Group are pushing their friend-finding and community-building products to attract young users hit by so-called dating app fatigue — Bumble and Match Group launch friendship and social products to help reverse post-pandemic slowdown| Steven Levy / Wired: |
Q&A with Trae Stephens, partner at Founders Fund and Executive Chairman of Anduril, on autonomous AI's role in warfare, building a wearable e-reader, and more — He's deep in the defense-startup world as a Founders Fund partner and Anduril cofounder. His bunker, though, isn't fully prepped for the end times.
X: @elkeschwarz, @samuelclay, @matthewboedy, and @knibbs
| Kate Knibbs / Wired: |
A profile of Internet Archive founder Brewster Kahle, as the service fights existential battles over copyright, including from music labels like UMG — The web's collective memory is stored in the servers of the Internet Archive. Legal battles threaten to wipe it all away.
More: Links I Would Gchat …. Threads: @wired. Mastodon: @jawnsy@mastodon.social, @pete@social.coop, and @Jayhoffmann@mastodon.social
X: @xerxesqados, @profwoodward, @deepakadk, @knibbs, @jomc, @ronanbeckman, @lionblogosphere, @neilturkewitz, @lacey9020, and @knibbs
Forums: r/books, r/DataHoarder, and r/technology
| Toby Sterling / Reuters: |
SEMI: China is projected to invest $100B+ on chipmaking equipment from 2025 to 2027, followed by South Korea at $81B, Taiwan at $75B, and the Americas at $63B — Semiconductor manufacturers will spend a record $400 billion on computer chip-making equipment in 2025-2027 … | Lizzi C. Lee / Rest of World: |
Chinese state media has embraced the success of Black Myth: Wukong, a Chinese AAA game that has sold 20M+ copies globally, hailing it as a soft power export — China is changing its long-critical stance thanks to the smash hit, according to Chinese game developers and industry analysts.Sponsor Posts
Google:
Try Gemini 3 Pro — Google's newest and most intelligent AI model that helps you bring any idea to life
Try Gemini 3 Pro — Google's newest and most intelligent AI model that helps you bring any idea to life
Shopify:
Shopify's new AI commerce stack — Their VP of Product digs into just-launched products to help entrepreneurs and developers build with the latest AI and tech.
Shopify's new AI commerce stack — Their VP of Product digs into just-launched products to help entrepreneurs and developers build with the latest AI and tech.
Zoho:
Why eIDAS 2.0 might be the EU's boldest digital move yet — eIDAS: The first building block of digital trust More than a decade ago, the EU introduced the eIDAS regulation (Regulation [EU] No 910/2014) …
Why eIDAS 2.0 might be the EU's boldest digital move yet — eIDAS: The first building block of digital trust More than a decade ago, the EU introduced the eIDAS regulation (Regulation [EU] No 910/2014) …
IDrive:
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.Featured Podcasts
Access:
Betting on reality with Kalshi CEO Tarek Mansour
A show about the tech industry's inside conversation, hosted by tech reporter Alex Heath and founder whisperer Ellis Hamburger.
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Lenny's Podcast:
The new AI growth playbook for 2026: How Lovable hit $200M ARR in one year | Elena Verna (Head of Growth)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Big Technology Podcast:
CNBC's Jim Cramer: Big Tech Hot Takes, NVIDIA $10 Trillion?, Building Wealth In Any Market
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Channels with Peter Kafka:
"Neither Side Is Used to Losing." Lucas Shaw on What's Next for Netflix and Paramount in the Battle for Warner Bros.
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
Uncapped with Jack Altman:
Saam Motamedi from Greylock Partners
Conversations with people I admire about things I'm genuinely interested in.
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Tools and Weapons with Brad Smith:
Ted Sarandos: Netflix and how tech changed storytelling
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
Subscribe to Tools and Weapons with Brad Smith.
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