Techmeme
April 10, 2024, 7:40 PM

Top News

Emilia David / The Verge:
Meta announces its next-generation Meta Training and Inference Accelerator chips for AI training, and says MTIA v1 and the new chips are both now in production  —  Meta promises the next generation of its custom AI chips will be more powerful and able to train its ranking models much faster.
Sarah Perez / TechCrunch:
Google plans to make Magic Editor and other AI editing tools, previously limited to Pixel phones and paid users, available to all Google Photos users for free  —  Google Photos is getting an AI upgrade.  On Wednesday, the tech giant announced that a handful of enhanced editing features previously limited …
Jeff John Roberts / Fortune:
The US SEC sends decentralized crypto exchange Uniswap a Wells notice warning that the agency intends to bring an enforcement action against the company  —  The Securities and Exchange Commission warned Uniswap on Wednesday that it intends to bring an enforcement action against the company …
Shubham Sharma / VentureBeat:
Mistral AI launches Mixtral 8x22B, its latest sparse mixture-of-experts model, after releasing Mixtral 8x7B in December 2023  —  As Google unleashed a barrage of artificial intelligence announcements at its Cloud Next conference, Mistral AI decided to jump into action with the launch …
Sarah Fortinsky / The Hill:
Rep. Adam Schiff introduced a bill that would require companies training generative AI models to disclose all of the copyrighted work they used to do so  —  Rep. Adam Schiff (D-Calif.) unveiled legislation on Tuesday that would require companies using copyrighted material to train …
Amrita Khalid / The Verge:
The FCC says all but the smallest ISPs must now publish broadband “nutrition labels” on all their plans, ending an eight-year battle between ISPs and the agency  —  Starting on Wednesday, all but the smallest ISPs will be required to publish broadband “nutrition labels” on all of their plans, the regulator announced.
Sankalp Phartiyal / Bloomberg:
Sources: Apple assembled $14B worth of iPhones in India in the past fiscal year, doubling production YoY; Apple now makes as much as 14% of its iPhones in India  —  - It now assembles about 1 in 7 of its iPhones from India  — That ramp-up suggests an accelerating shift from China
Bloomberg:
Sources: SpaceX's accounting is more “art than a science”, often omitting costs of putting Starlink satellites in orbit to make numbers look better to investors  —  SpaceX celebrates the satellite business as a money-making venture fueling a quest to launch rockets and reach Mars.
Matt Day / Bloomberg:
Amazon says it will stop paying developers to create Alexa apps and giving free AWS credits on June 30, 2024; developers can keep monetizing their apps via IAPs  —  - End of program scraps key element of effort to build app store  — Google killed third-party apps for its Assistant in 2022
Bloomberg:
Sources: Sam Altman met with investors and officials in the UAE this week to push for more infrastructure investment to support the development of AI technology  —  The CEO met with officials in the UAE this week to push for more infrastructure investment to support the development of artificial intelligence.
Stephen Ornes / Quanta Magazine:
Computer scientist Avi Wigderson wins the 2023 Turing Award for his “foundational contributions to the theory of computation”, including his work on randomness  —  All topics … Newsletter  —  Get Quanta Magazine delivered to your inbox  —  Recent newsletters
Reuters:
Aloha Browser says its EU users jumped 250% in March 2024 after the DMA came into effect; Vivaldi, Ecosia, Brave, DuckDuckGo, and Opera also saw user growth  —  Independent browser companies in the European Union are seeing a spike in users in the first month after EU legislation forced Alphabet's Google …
Ben Thompson / Stratechery:
Google's Cloud Next keynote was by far its most impressive presentation in the AI era, not least because the company put forward its infrastructure advantages  —  It was impossible to miss the leading message at yesterday's Google Cloud Next keynote: Google has the best infrastructure for AI.
Tris Warkentin / Google for Developers Blog:
Michael Roddan / The Information:
Sources: ByteDance misled the Central Bank of Ireland in early 2023, after HSBC shut down the company's bank accounts following a money laundering probe  —  In early 2023, Irish banking regulators contacted ByteDance with a pointed question: Why was the Chinese internet giant and parent company …
Bloomberg:
Sources: ByteDance's EBITDA rose ~60% YoY in 2023 to $40B+ and its sales rose from $80B to nearly $120B, passing Tencent's revenue and profit for the first time  —  - Revenue at TikTok owner also grew substantially in 2023  — Company's US business is being challenged by lawmakers
Kurt Wagner / Bloomberg:
Marketers complain about ad performance issues on Meta's platforms over the past few months, saying ad campaign costs are up significantly while sales are down  —  Marketers on Facebook and Instagram notice glitches, higher prices and poorer returns on the once-reliable network
Sheena Vasani / The Verge:
Rakuten Kobo announces its first color e-readers, the $220 Kobo Libra Colour and the $150 Kobo Clara Colour, available for preorder now and shipping on April 30  —  Rakuten Kobo is launching its first color e-readers, the Kobo Libra Colour and the Kobo Clara Colour.
Wall Street Journal:
How Ukraine deemed US startups' drones glitchy and pricey, and turned to cheaper Chinese drones; PitchBook: ~300 US drone startups have raised ~$2.5B since 2022  —  Drones from American startups have been deemed glitchy and expensive, prompting Ukraine to turn to alternatives from China

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Grace Sharkey / FreightWaves:
Bloomberg:
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Josh Ye / Reuters: