Techmeme
February 8, 2024, 8:45 AM

Top News

David Pierce / The Verge:
Google releases Gemini Ultra 1.0, the largest and most capable version of its LLMs, and renames Bard to Gemini, which now has a dedicated Android app  —  Google is famous for having a million similar products with confusingly different names and seemingly nothing in common.  (Can I interest you in a messaging app?)
Abner Li / 9to5Google:
Google adds a $20 per month AI Premium plan to Google One, offering Gemini Advanced with the Ultra 1.0 model, and rebrands Duet AI as Gemini for Workspace  —  Sundar Pichai announced last week that Google One is about to cross 100 million subscribers.  Google One is now getting a new AI Premium plan that costs $19.99.
Lauren Goode / Wired:
An interview with Sundar Pichai on the evolving web, training Gemini to be a multimodal AI, future paid and ad-supported generative AI, hallucinations, and more  —  Google's CEO Sundar Pichai still loves the web.  He wakes up every morning and reads Techmeme, a news aggregator resplendent with links, accessible only via the web.
Foo Yun Chee / Reuters:
Meta challenges the EU's DSA supervisory fee of 0.05% of Meta's annual net income that cover regulators' costs, disagreeing with how the fees are calculated  —  Meta Platforms (META.O) has challenged a supervisory fee amounting to .05% of its annual worldwide net income aimed …
Sarah Whitten / CNBC:
Disney plans to invest $1.5B for a stake in Epic Games and collaborate on a new “universe” connected to Fortnite with content from Disney, Pixar, and more  —  - Disney is investing $1.5 billion for an equity stake in Epic Games in its biggest jump yet into the gaming world.
David Shepardson / Reuters:
The US says OpenAI, Anthropic, Microsoft, Meta, Google, Apple, Amazon, Nvidia, Palantir, and over 200 others are joining the new AI Safety Institute Consortium  —  The Biden administration on Thursday said leading artificial intelligence companies are among more than 200 entities joining …
Josh Boak / Associated Press:
Martin Young / Cointelegraph:
SEC filing: NYSE-listed Bakkt, a crypto trading platform backed by the Intercontinental Exchange, warns that it might not be able to stay in business in a year  —  The institutional digital asset trading platform unveiled in 2018 amid huge fanfare has just disclosed it “might not be able to continue as a going concern.”
Molly White / Citation Needed:
In his new book, a16z GP Chris Dixon fails to identify a single blockchain project that has successfully provided a non-speculative service at any kind of scale  —  Prominent crypto venture capitalist Chris Dixon provides an unconvincing bible for blockchain solutionists.  —  1×
Sam Sabin / Axios:
US, UK, Australia, Canada, and New Zealand advisory: China-backed hacking group Volt Typhoon has had access to some major US infrastructure for over five years  —  China-backed hackers have had access to some major U.S. critical infrastructure for “at least five years,” according to an intelligence advisory released Wednesday.
Carl Franzen / VentureBeat:
Microsoft updates Copilot with a redesigned look, a new AI model for Copilot's Balanced mode called Deucalion, and new AI image creation and editing features  —  In a startling move, Microsoft today announced a redesigned look for its Copilot AI search and chatbot experience on the web …
The Information:
Sources: OpenAI is developing two types of agent software: one to automate tasks by effectively taking over a user's device, and the other for web-based tasks  —  OpenAI's first major product, ChatGPT, proved so popular that it sparked a generation of wannabes.
Mishaal Rahman / Android Authority:
A leaked image allegedly shows the Google Pixel Fold 2, including a narrower cover screen, a squarer inner screen aspect ratio, and redesigned camera bump  —  Here's a very early look at what could be Google's second-generation foldable phone.  —  •  —  TL;DR
Reed Albergotti / Semafor:
Q&A with Medium CEO Tony Stubblebine on Medium expecting to turn a profit in 2024, distribution, training LLMs, AI-generated content, media layoffs, and more  —  The Scene  —  Amid turmoil in the media industry, online publishing platform Medium expects to post its first profit around the middle of this year.
Jem Aswad / Variety:
Spotify paid out $9B to music rights holders in 2023, a “figure that has tripled over the past six years”, and more than $48B since its founding  —  Spotify paid the music industry some $9 billion in 2023, according to a statement from the streaming giant, which added that the …
Reuters:
Arm reports Q3 revenue up 14% YoY to $824M, vs. $761.6M est., and forecasts Q4 sales and adjusted profit above expectations; ARM jumps 21%+  —  Arm Holdings on Wednesday forecast fiscal fourth-quarter sales and adjusted profit above Wall Street expectations as customers aim to design new chips …
Bloomberg:
SoftBank reports Q3 net profit of $6.4B, after four quarters of losses, lifted by a T-Mobile US shares windfall; the Vision Fund unit reported a ~$2.85B gain  —  - Investor logs first profit in five quarters on T-Mobile stake  — Vision Funds turn profitable, helped by TikTok owner ByteDance

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Earlier Picks

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