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May 27, 2024, 6:20 PM
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| xAI: |
xAI raised a $6B Series B from Valor, Vy Capital, a16z, Sequoia, Saudi Arabia's Kingdom Holding, and others, Elon Musk says at a pre-money valuation of $18B — xAI is pleased to announce our series B funding round of $6 billion. — xAI is pleased to announce...
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X: @xai, @elonmusk, @elonmusk, @ylecun, @ylecun, @ylecun, @elonmusk, @ylecun, @ylecun, @elonmusk, @elonmusk, @ylecun, @jimmybajimmyba, @danprimack, @danprimack, @didier_lopes, @garymarcus, @andrewcurran_, @devindkim, @carnage4life, @mikebutcher, @johnhering, and @jamestitcomb. LinkedIn: Anissa G.
Forums: Hacker News, r/elonmusk, and r/singularity
| Axios: |
Elon Musk says all of the $6B in xAI's Series B is new money, rather than shares “given” to investors in his Twitter takeover; some investors also backed OpenAI — - That said, there's plenty of overlap in the investor list, and it's unclear if the original Twitter/X backers … | Mark Gurman / Bloomberg: |
A closer look at Apple's AI strategy: Project Greymatter, local and cloud LLM data processing, Siri, sealing a chatbot partnership deal with OpenAI, and more — Though Apple's first set of modern AI features won't be as impressive as rival offerings, the company is betting that its massive customer base can give it an edge.
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X: @markgurman, @parkerortolani, @staska, @gartenberg, @steven_aquino, @betaprofiles, @parkerortolani, @carnage4life, @saschasegan, @brandonbutch, @sdw, @ashleevance, @dinodaizovi, @autismcapital, @gartenberg, @saranbyte, @spercharged, and @leakerapple
Forums: r/technology, r/singularity, r/ChatGPT, r/apple, and r/OpenAI
| Lulu Garcia-Navarro / New York Times: |
Q&A with Netflix's Ted Sarandos on the state of Hollywood, shifting US tastes, programming strategy, ads, corporate activism, YouTube, live events, AI, and more — Devin Oktar Yalkin for The New York Times — If you're anything like me, you probably spent some large portion of this week sitting on your couch watching Netflix.
More: The Verge, Cryptopolitan, Variety, MobileSyrup, TechSpot, Benzinga, IndieWire, The Hollywood Reporter, IGN, and Deadline
X: @carnage4life, @enigmamfilms, @nick_field90, @pmathew814, @carnage4life, @webbarr, and @discussingfilm
Forums: r/technology, r/Fauxmoi, and r/netflix
| Michael Nuñez / VentureBeat: |
Researchers find that GPT-4 can outperform human analysts in predicting the direction of future corporate earnings even when given only financial statements — Researchers from the University of Chicago have demonstrated that large language models (LLMs) can conduct financial statement analysis …
More: SSRN, PCMag, TechRadar, Neowin, WinBuzzer, MSPoweruser, MEDIANAMA, SiliconANGLE, and MarkTechPost
X: @groby, @technofrontiers, @holdenmatt, @vjhaapalahti, @rokas_kruminas, @pftg, @hypermindai, @jamescham, @agpatriota, @jacobi_torsten, @jessebenisrael, and @emollick. LinkedIn: Luc Pettett. Forums: Hacker News
| Reuters: |
China set up a new ~$47.5B state-backed investment fund on May 24 as the third and largest phase of its Big Fund to boost the country's semiconductor industry — China has set up a new state-backed investment fund with registered capital of 344 billion yuan ($47.5 billion) to boost the country's semiconductor industry.| Wall Street Journal: |
An analysis of ChatGPT, Claude, Copilot, Gemini, and Perplexity's responses to some real-life questions and everyday tasks: Perplexity ranked first overall — We tested OpenAI's ChatGPT against Microsoft's Copilot and Google's Gemini, along with Perplexity and Anthropic's Claude. Here's how they ranked.
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| Rita Liao / TechCrunch: |
Data.ai: of the top 20 education apps in the US App Store, five are AI agents that help with school assignments, the two most popular of which are Chinese-owned — Evan, a high school sophomore from Houston, was stuck on a calculus problem. He pulled up Answer AI on his iPhone …
More: Tech in Asia. Mastodon: @BrideOfLinux@mastodon …. X: @emollick. LinkedIn: Abhishek Sharma and Randy Wilkins
Forums: r/technology and r/singularity
| Stephanie Stacey / Financial Times: |
Dating apps are trying to woo Gen Z women by boosting moderation tools and more; Tinder has consistently lost MAUs since 2021 and paid subs fell under 10M in Q1 — Gen Z is a priority for Tinder and Bumble but threats and unsolicited material from potential suitors often turn users off| John Koblin / New York Times: |
A look at the growing importance of ads for video streaming services, as Antenna says that 56% of new subscribers chose the cheaper ad-supported tier in Q1 2024 — Ads are here, there — almost everywhere — on streaming services now. — Not long ago, streaming TV came with a promise … | Louise Matsakis / Big Technology: |
How Shein and Temu, which are spending billions on digital ads and offering steep discounts or free products, have become big threats to Amazon in the US — In the fall of 2020, Amazon looked unstoppable. The pandemic lockdowns had supercharged its e-commerce business …
X: @carnage4life, @carnage4life, @joshuaogundu, @lmatsakis, and @kantrowitz
| Jason Schreier / Bloomberg: |
Four of the top seven best-reviewed games on Metacritic in 2024 so far, not counting remakes, are indies, including Animal Well and Balatro in the top three — Halfway through 2024, four of the top seven best-reviewed games, not counting remakes, are indies — Hi everyone.
More: Metacritic and The Verge
Sponsor Posts
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Sources:
Tobi Lütke on the AI agent revolution and future of Shopify
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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Big Technology Podcast:
This AI Expert Argues We're Underestimating AI's Productivity Impact — With Ethan Mollick
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
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Machine Gods:
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Training Data:
European Defense Sovereignty Starts in the Factory: Stark's Uwe Horstmann and Johannes Schaback
Sequoia Capital partners host conversations with leading AI builders and researchers to develop a deeper understanding of the evolving technologies and their implications.
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Cheeky Pint:
The airline CEO putting Starlink on every plane
Stripe cofounder John Collison interviews founders, builders, and leaders over a pint.
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