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May 6, 2024, 12:40 PM
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| Aaron Holmes / The Information: |
Sources: Microsoft is training a new, in-house AI model that has ~500B parameters, large enough to compete with top models from Google, Anthropic, and OpenAI — For the first time since it invested more than $10 billion into OpenAI in exchange for the rights to reuse the startup's AI models …
More: Business Standard, Tech Startups, Marcus on AI, and MSPoweruser
| Adamya Sharma / Android Authority: |
YouTube rolls out Jump Ahead, which uses AI to let users jump to parts of a video where most viewers skip ahead, to all US Premium members using its Android app — It's currently available in the US on the YouTube Android app. — • — TL;DR — YouTube Premium members in the US … | Counterpoint Research: |
iPhone 15 Pro Max was Q1's best-selling smartphone; Pro phones were 50% of Apple's sales, up from 24% in 2020; Apple and Samsung each had five phones in top 10 — - Apple and Samsung dominated the list of top 10 best-selling smartphones in Q1 2024. — This was the first quarter in which the top 10 smartphones were all 5G capable.
More: Livemint, ZDNet, Benzinga, 9to5Mac, PhoneArena, TechSpot, International Business Times, SamMobile, AppleInsider, Patently Apple, MySmartPrice, and BGR
| Kyle Wiggers / TechCrunch: |
Stack Overflow signs a deal with OpenAI to supply data to its models; new integrations between Stack Overflow and OpenAI should be available by the end of June — OpenAI is collaborating with Stack Overflow, the Q&A forum for software developers, to improve its generative AI models' performance on programming-related tasks.
More: Stack Overflow for Teams, The Decoder, Analytics India Magazine, and Maginative
Mastodon: @JasonPunyon@fosstodon.org. Bluesky: @ctype.bsky.social. X: @forgebitz, @stackoverflow, and @pchandrasekar
LinkedIn: Ryan Polk, Amol Shah, Adam Goldberg, and Jody Bailey
| Emily Nicolle / Bloomberg: |
Visa and Allium Labs: less than 10% of the ~$2.2T stablecoin transactions in April were “organic payments activity”, which excludes bots and large-scale traders — - Less than 10% of stablecoin transactions are “organic:” Visa — PayPal, Stripe are among fintechs expanding in stablecoins| Aoyon Ashraf / CoinDesk: |
Filing: Robinhood's crypto arm got a Wells notice from the US SEC on May 4; on June 27, 2023, Robinhood ended support for tokens named in previous SEC lawsuits — The trading platform previously ended support for all tokens that were named in SEC lawsuits against Binance and Coinbase.
More: Robinhood Newsroom, Blockworks, The Block, CNBC, DL News, The Verge, The Information, Reuters, Barron's Online, CCN.com, CryptoPotato, NFTgators, Cryptopolitan, The Crypto Times, crypto.news, Coinpedia Fintech News, CryptoGlobe, CoinGape, Cointelegraph, Bitcoin Insider, Bloomberg, Bitcoinist.com, Watcher Guru, Crypto Briefing, and Benzinga
| Erin Griffith / New York Times: |
The increase of stock sales in privately held companies leads to tensions within startups like Stripe; Sacra says the market could grow 40% YoY to $64B in 2024 — The market for shares of hot start-ups like SpaceX and Stripe is projected to reach a record $64 billion this year.| Robert Lemos / Dark Reading: |
AT&T finishes its cybersecurity services group divestiture and forms LevelBlue, which has 1,000+ staff in 10 countries focused on managed cybersecurity services — AT&T completed its divestiture of its cybersecurity services group and formed a joint venture with more than 1,000 employees …
More: SiliconANGLE, PaymentSecurity.io, and Channel Futures
| Anthony Ha / TechCrunch: |
The US announces $285M in CHIPS Act funding for research into semiconductor digital twin development, which may reduce chip development and manufacturing costs — President Joe Biden's administration is looking to fund efforts that improve semiconductor manufacturing by using digital twins.| Wall Street Journal: |
Interviews with finance experts and young adults suggest TikTok videos about the economy and consumerism are creating a distorted view of financial well-being — Endless videos about the economy and consumerism are giving 20-somethings a case of ‘money dysmorphia’ — Americans under 30 get much of their news on TikTok.| Carl Franzen / VentureBeat: |
Hugging Face launches LeRobot, an open-source robotics code library, after hiring Tesla scientist Remi Cadene to lead a new open-source robotics project — Earlier this year, in March 2024, the AI developer-focused startup Hugging Face — known for maintaining the largest online repository … | Ashley Carman / Bloomberg: |
Over 40K Audible books are marked as having been made with an AI “virtual voice”, saving authors hundreds or thousands of dollars per title on narration costs — While authors appreciate the new revenue stream, audiobook listeners are complaining about the influx of new materialSponsor Posts
Subquadratic:
Subquadratic: the LLM built for 12M-token reasoning — SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds. Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.
Subquadratic: the LLM built for 12M-token reasoning — SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds. Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.
Equals:
Stop vibe coding analytics — Equals AI turns questions about your business into auditable spreadsheet models and dashboards. Build once, iterate for years.
Stop vibe coding analytics — Equals AI turns questions about your business into auditable spreadsheet models and dashboards. Build once, iterate for years.
Zoho:
Stay audit-ready with email journaling in Zoho Mail — Emails continue to be the hotspot of business activity. Decisions, approvals, conversations, obligatory birthday wishes, and everything in between passes through it.
Stay audit-ready with email journaling in Zoho Mail — Emails continue to be the hotspot of business activity. Decisions, approvals, conversations, obligatory birthday wishes, and everything in between passes through it.
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
Grit:
The Sales Framework Every Founder Needs | Mark Roberge
Grit explores what it takes to create, build and scale world-class organizations.
Subscribe to Grit.
Lenny's Podcast:
How tech workers actually feel about AI in 2026 | Annual AI sentiment survey (Noam Segal)
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.
Big Technology Podcast:
OpenAI Finally Ships Its Superapp, Meta's AI Price War, ChatGPT Cheating At Brown
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
The Upstarts Podcast:
Radical AI's Joseph Krause: The Scientist Building The 'Waymo' Lab For New Materials
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.
Hard Fork:
Do Social Media Bans Work? + A Conversation About A.I. Consciousness + Tool Time
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
Subscribe to Hard Fork.
Tools and Weapons with Brad Smith:
Connecting the Unconnected: Doreen Bogdan-Martin
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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