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December 2, 2024, 2:05 AM
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memeorandum
WeSmirchTop News
| Kyle Wiggers / TechCrunch: |
Elon Musk files for an injunction to halt OpenAI's for-profit transition, alleging that OpenAI is discouraging investors from backing rivals like xAI, and more — Attorneys for tech billionaire Elon Musk have filed for a preliminary injunction against OpenAI, several of its co-founders …
More: CourtListener, Business Today, The Verge, Cointelegraph, CNBC, Engadget, PCMag, Mashable, Cryptopolitan, PYMNTS.com, Benzinga, Bloomberg, SiliconANGLE, The Decoder, WinBuzzer, Neowin, Agence France-Presse, The Indian Express, Business Insider, The Information, Tech in Asia, and CoinGape
Bluesky: @carnage4life, @edzitron.com, @secure-circuit, @dead.place, and @romitmehta.com. Mastodon: @Kierkegaanks@beige.party
X: @elonmusk, @edzitron, @andrewcurran_, @brian__gong, and @andrewcurran_
Forums: r/aiwars, r/law, r/OpenAI, r/singularity, and r/ChatGPT
| Wall Street Journal: |
Sources say a number of tech executives, including Sam Altman, worry that Elon Musk's new proximity to Trump could supersize rivalries in ways that favor Musk — OpenAI's Sam Altman ranks high on the billionaire's list of enemies; car companies and tech giants scramble for allies in the incoming Trump administration
More: Washington Examiner and Forbes
Bluesky: @definite and @jasoncross.org
X: @brij and @wsjbusiness
| Maria Deutscher / SiliconANGLE: |
AWS adds new generative AI features to Amazon Connect, which helps companies run their contact centers, including letting Lex-powered assistants use Amazon Q — Amazon Web Services Inc. is adding more artificial intelligence features to its Amazon Connect service, which helps companies run their contact centers more efficiently.
More: TechCrunch and Amazon Web Services, Inc.
| Kyle Wiggers / TechCrunch: |
AWS announces AWS Security Incident Response to help customers prepare for, respond to, and recover from cybersecurity incidents, including ransomware attacks — Companies often struggle with how to respond to cybersecurity incidents. According to one recent poll, only three … | Financial Times: |
London-based 9fin, a data provider for debt markets, raised a $50M Series B led by Highland Europe, sources say at a ~$500M valuation on current ARR of ~$25M — Founder of London-based 9fin predicts winning research company could generate $1bn a year in revenue| Bloomberg: |
Analysis: US spot bitcoin and ether ETFs logged record monthly net inflows, $6.5B and $1.1B respectively, in November 2024, buoyed by Trump's embrace of crypto — - Crypto market up over $1 trillion since Trump's election win — Traders expect US regulators to pivot to a friendlier stance| Ian Hogarth / Financial Times: |
VC firm Plural's cofounder says Europe, which is yet to create a $1T company, must start supporting experienced founders and start providing “audacious capital” — In 2024, artificial intelligence is consistently front-page news. From Nvidia hitting a trillion-dollar market cap …
More: Spyglass. Mastodon: @carnage4life@mas.to and @chetwisniewski …
X: @drrichjlaw, @soundboy, and @dorialexander
LinkedIn: Yann LeCun, Maria Wasastjerna, Nils G., Peter Fedoročko, Klen Jäärats, and William Kadouch-Chassaing. Forums: r/neoliberal
| Yang Jie / Wall Street Journal: |
Sources: BYD's contract-manufacturing arm, which has 10K+ engineers and ~100K employees dedicated to the Apple's supply chain, now assembles 30%+ of all iPads — BYD has grown into a top iPad assembler and has put around 100,000 people to work for Tim Cook's company
LinkedIn: Christian M. Bucholdt
| Bloomberg: |
Q&A with Nokia CEO Pekka Lundmark on Nokia's mobile phone failure, moving from mobile and fixed networks into data centers and defense, fine-tuning 5G, and more — Pekka Lundmark sees opportunities for the Finnish communications company to grow in defense and data centers.
X: @business
| Alexandre Tanzi / Bloomberg: |
A look at Death Clock, an app that claims to predict the user's likely date of death by using an AI model trained on a dataset of 1,200+ life expectancy studies — - Model trained on longevity studies is popular on fitness app — Technology may have wider applications in economics, finance
More: TechCrunch and Cryptopolitan
Bluesky: @tcarmody. Threads: @pkedrosky. X: @atanzi, @catcheronthesly, and @tinssoldier. LinkedIn: Georg Zoeller
| Iris Kim / NBC News: |
How Indigenous engineers are using AI to preserve Native American languages, building speech recognition models for 200+ endangered languages in North America — Indigenous languages are rapidly disappearing, and AI could help preserve them, according to Indigenous technologists.| Josh Taylor / The Guardian: |
Meta says it will require advertisers globally to get verified before running financial service ads targeting Australian users, starting in early February 2025 — Exclusive: Businesses to require financial services license number to post Facebook ads, while individuals will need government-issued ID
More: Reuters, ABC, AdNews News, B&T, Australian Financial Review, Money magazine, Mediaweek, and The Canberra Times
Sponsor Posts
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Sources:
Reflection's founders on building a DeepSeek of the West
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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Grit:
How Vercel Is Rethinking Go-to-Market With AI | COO Jeanne Grosser
Grit explores what it takes to create, build and scale world-class organizations.
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