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xAI unveils Grok 4.1, saying it's 3x less likely to hallucinate compared to its previous models and Grok 4.1 Thinking holds the top spot on LMArena's Text Arena — Grok 4.1 is now available to all users on grok.com, 𝕏, and the iOS and Android apps.| Bloomberg: |
Amazon raised $15B in its first US dollar bond offering in three years; sources: the proceeds will be used for acquisitions, capex, share buybacks, and more — Amazon.com Inc. raised $15 billion in its first US dollar bond offering in three years, adding to a spree of jumbo debt sales … | The Information: |
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| Cade Metz / New York Times: |
Sources: AI startup Project Prometheus raised $6.2B, including from Jeff Bezos, who is its co-CEO, his first operational role since leaving Amazon in July 2021 — Called Project Prometheus, the company is focusing on artificial intelligence for the engineering and manufacturing of computers, automobiles and spacecraft.| Blake Brittain / Reuters: |
SCOTUS declines to hear an appeal by Gesture Technology Partners over the right to challenge expired patents, leaving in place a win for Apple, Google, and LG — The U.S. Supreme Court on Monday declined to take up a case involving the right to challenge expired patents, leaving in place a win for Apple … | Kif Leswing / CNBC: |
Arm and Nvidia announce that Arm-based Neoverse CPUs will be able to integrate with AI accelerators using Nvidia's NVLink Fusion tech — Arm on Monday said that central processing units based on its technology will be able to integrate with AI chips using Nvidia's NVLink Fusion technology.| Anna Heim / TechCrunch: |
Berlin-based Peec AI, which helps brands manage visibility in AI-powered search results, raised a $21M Series A led by Singular at a $100M+ valuation — With consumers increasingly asking questions of ChatGPT — not Google — product discovery is changing.| Emily Mason / Bloomberg: |
Ramp says it is now valued at $32B following a $300M raise led by Lightspeed and an employee tender offer, up from a $22.5B valuation in July — Corporate spending management platform Ramp reached a $32 billion valuation after a $300 million primary financing round and an employee tender offer.| Pierluigi Paganini / Security Affairs: |
Microsoft says it mitigated a 15.7 Tbps DDoS from the Aisuru botnet on a single Australian Azure endpoint in October, the largest cloud DDoS ever recorded — Microsoft says the Aisuru botnet launched a 15.7 Tbps DDoS on Azure from 500k IPs, using massive UDP floods peaking at 3.6 B pps.| Karissa Bell / Engadget: |
Meta launches a tool called content protection to let creators detect and take action when their reels are reposted on Facebook or Instagram without permission — The company's content protection program can identify reels lifting others' work. — Creators on Facebook and Instagram … | Joe Wertz / Bloomberg: |
Google DeepMind releases WeatherNext 2, a weather model that it says offers faster, more accurate two-week forecasts and includes more tools for energy traders — Google DeepMind has released a new artificial intelligence weather model that it says is faster and more accurate than anything it's built … | Lori Ann LaRocco / CNBC: |
Eric Gillespie, the founder of Govini whose AI software is used by the US military, was arrested last week for allegedly soliciting pre-teens for sexual contact — Govini founder Eric Gillespie urged a person whom he believed to be a dad offering his 10-year-old daughter to be sexually abused … | The Information: |
Sources: Databricks is in talks to raise money at a valuation of more than $130B, up about 30% from September when it raised a $1B Series K at a $100B valuation — Databricks, a database provider whose tools help customers develop and use AI, is in talks to raise money at a valuation … | Emma Roth / The Verge: |
NetChoice sues Virginia over a law that would require parental permission for minors to use social media for more than one hour per day, arguing it violates 1A — Virginia's law would require social media platforms to limit how much time kids under 16 spend on their sites, with parental permission required for longer sessions.| Bloomberg: |
Filing: Peter Thiel's Thiel Macro sold its entire Nvidia stake, worth ~$100M as of September 30, during Q3, amid rising concerns about an AI investment bubble — Peter Thiel's hedge fund Thiel Macro LLC sold its stake in Nvidia Corp. during the third quarter, marking yet another retreat …
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