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September 29, 2024, 11:45 AM
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| Wall Street Journal: |
A look at challenges to OpenAI becoming a for-profit company, including the complexity of splitting assets with the nonprofit arm, which will continue to exist — Converting from a nonprofit happens rarely, especially for organizations this wealthy. OpenAI has two years to do so.
More: Vox, The Verge, Futurism, and TechCrunch
X: @sigalsamuel and @wsjtech
Forums: r/Futurology and Beehaw
| 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, AppleInsider, 9to5Mac, Benzinga, News.ng, Daily Journal, PhoneArena, Mashable, iClarified, Neowin, Business Times, iPhone in Canada Blog, Business Today, Reuters, Wccftech, 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: Tom's Guide, CNBC, 9to5Mac, Gizchina.com, Philip Elmer‑DeWitt, The Hill, TechCrunch, DNyuz, Fortune, Marcus on AI, TechRadar, The Decoder, Simon Willison's Weblog, Benzinga, Neowin, The Verge, NBC News, The Information, and Engadget
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, Pramod Gosavi, and Hayden Field
Forums: r/Economics and r/singularity
| Matthew Lynley / Supervised: |
A look at OpenAI's sprawling product portfolio as the startup matures into a real business and runs into the challenges of avoiding product creep — Plus: OpenAI's portfolio is getting a little big. — ∙ Paid — This issue was finished on a mobile device so I apologize ahead of time for any typos and formatting errors.
More: The New Stack
| New York Times: |
More: Breitbart, Tom's Hardware, TechSpot, Windows Central, and Digital Trends
Mastodon: @LilahTovMoon@tech.lgbt and @jalefkowit@vmst.io
Bluesky: @indaindica.bsky.social, @marsrover.bsky.social, @mikal-el.com, @fluxandflow.bsky.social, and @lifewinning.com
X: @stevelohr and @edzitron
LinkedIn: Amanda Brock, James Teare, and Angela Chapman
Forums: Hacker News, r/ArtistHate, and r/singularity
| Jem Aswad / Variety: |
YouTube blocks songs by Adele, Bob Dylan, Green Day, and others in the US, after its music licensing agreement with performing rights organization SESAC expired — Songs by Adele, Bob Dylan, Green Day, R.E.M., Burna Boy, Rush and many others are currently unplayable on YouTube in the U.S. due … | Mark Gurman / Bloomberg: |
Sources: Apple considers options for its headsets, including moving compute to iPhone, and is working on homeOS; new Masimo CEO could enable a deal with Apple — Meta's latest AR glasses and cheaper mixed-reality headset add pressure on Apple to make its Vision push work.
More: The Verge, AppleInsider, 9to5Mac, Patently Apple, and The Tech Basic
X: @anshelsag, @cezaryxr, @tina__nigro, @markgurman, @markgurman, @markgurman, @markgurman, and @markgurman. Forums: r/apple
| 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 … | Aswath Damodaran / Financial Times: |
NYU professor Aswath Damodaran on an AI bot that is trained on his equity valuation work that is in the public domain, why AI will empower generalists, and more — Whether the risks to jobs is real or not, it behoves us all to act like it is given how consequential the costs could be
X: @tonytassell and @adsinuk
| 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| Alex Perry / Bloomberg: |
Mark Zuckerberg's personal wealth has climbed almost sixfold to $200B+ in less than two years, buoyed by Meta's record-high share price, which is up 60%+ YTD — - Meta CEO's wealth has jumped sixfold in the past two years — Shares of Meta are trading near record high, up 60% this year| 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 …, Krebs on Security, US Department of Justice, U.S. Department of State, Flashpoint, and Cryptopolitan
X: @vxdb, @secretservice, @secretservice, @usattyaber, @stateinl, @darkwebinformer, @edvanews, and @mopeng
LinkedIn: Lance Morginn and Brian Krebs
| 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, The Hill, Mediaite, TechCrunch, IJR, The Hollywood Reporter, The Verge, The Daily Beast, and TVLine
Threads: @mcbride.david.j, @hbraun.jackson, @stevemberkowitz, @daveleebbg, and @crumbler. Bluesky: @jeremydstanley.com
Sponsor Posts
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Zoho:
Build vs Buy Embedded Analytics: The Decision That Defines Your Product Roadmap — Every SaaS product team eventually hits the analytics wall. Your customers want insights inside your app. Your roadmap has no room to spare.
Build vs Buy Embedded Analytics: The Decision That Defines Your Product Roadmap — Every SaaS product team eventually hits the analytics wall. Your customers want insights inside your app. Your roadmap has no room to spare.
IDrive:
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce 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 & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.Featured Podcasts
Great Chat:
Go touch some grass (but don't tweet about it)
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
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Lenny's Podcast:
An AI state of the union: We've passed the inflection point, dark factories are coming, and automation timelines | Simon Willison
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.
Access:
The future of AI might be on your finger
A show about the tech industry's inside conversation, hosted by tech reporter Alex Heath and founder whisperer Ellis Hamburger.
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The Upstarts Podcast:
Axiom's Carina Hong: Solving Math's Hardest Problems With AI, And AI's Problems With Math
Veteran tech reporter Alex Konrad sits down with breakout entrepreneurs taking on the status quo to shake up their fields in AI, design, nuclear energy, space, and more.
Subscribe to The Upstarts Podcast.
The Nick, Dick and Paul Show:
Iran, Oil, and the US
Nick Bilton, Dick Costolo, and Paul Kedrosky pull back the curtain on AI, startups, and the future rushing toward us, all with healthy dose of irreverence.
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Tools and Weapons with Brad Smith:
Ryan Roslansky: Turning AI Anxiety into Skills for the Future of Work
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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