| Kevin Roose / New York Times: |
Current and former OpenAI and Google DeepMind staff sign an open letter warning of a culture of recklessness and secrecy at “frontier AI companies” — Daniel Kokotajlo, a former researcher in OpenAI's governance division, is an organizer of a group of former and current employees … | Shakeel Hashim / Transformer: |
Former OpenAI researcher Leopold Aschenbrenner says he was fired in April for sharing a memo raising concerns about OpenAI's security practices with the board — Leopold Aschenbrenner also said he was interrogated about his team's “loyalty to the company” — Leopold Aschenbrenner … | Wall Street Journal: |
Sources: Joe Benarroch, X's head of business operations and one of Linda Yaccarino's most trusted advisers, is leaving the company — X Corp. Chief Executive Linda Yaccarino's right-hand man and head of business operations, Joe Benarroch, is leaving the company, according to people familiar with the matter.| Lora Kolodny / CNBC: |
Nvidia staff emails: Elon Musk gave Tesla shareholders an exaggerated picture of Tesla's chip deals, and diverted “12K of shipped H100 GPUs” from Tesla to X — Elon Musk claims he can grow Tesla into “a leader in AI & robotics,” an ambition that he's said will require a lot … | Samantha Murphy Kelly / CNN: |
AT&T says an outage is preventing many customers from completing calls between carriers, but 911 calls are going through; Verizon customers also report issues — A nationwide AT&T outage is once again leaving some customers in the dark on Tuesday. — In a statement sent to CNN … | Emily Baker-White / Forbes: |
Sources: TikTok accounts, including brands and celebs like CNN, Sony, and Paris Hilton, are being hacked via a zero-day exploit that only requires opening a DM — The compromised accounts include CNN and Paris Hilton — and all users have to do to be hacked is open a DM.| Yogita Khatri / The Block: |
Avail, a modular blockchain project building “rollup-centric infrastructure”, raised a $43M Series A, after raising a $27M seed in February 2024 — - Avail has raised $43 million in a Series A round — bringing its total funding to $75 million.| Alex Konrad / Forbes: |
How billionaire investors of the internet era are fighting to determine whether AI's future will be one of concentrated safety, or of unfettered advancement — Billionaire investors of the internet era are now locked in a war of words and influence to determine whether AI's future … | Mike Wheatley / SiliconANGLE: |
Cisco introduces new AI products and services, including its Nexus HyperFabric AI clusters in partnership with Nvidia, and announces a $1B AI investment fund — Cisco Systems Inc. is doubling down on its artificial intelligence push with a host of new AI-powered products and services, plus various other initiatives focused on AI.| Fanny Potkin / Reuters: |
Sources: some Chinese AI chip companies, including MetaX and Enflame, are submitting less powerful GPU designs to TSMC to comply with US sanctions — Some Chinese AI chip companies are now designing less powerful processors to retain access to Taiwan Semiconductor Manufacturing Co (TSMC) … | Reuters: |
| Jordan Novet / CNBC: |
Databricks says it will acquire Tabular, a data management startup that helps companies optimize data stored in the Apache Iceberg format and more, for over $1B — Data analytics software maker Databricks said in a statement on Tuesday that it's acquiring Tabular, a startup that helps optimize data stored in the cloud.| Gerrit De Vynck / Washington Post: |
Pika, which offers AI tools to generate and edit videos, raised $80M from Spark, Lightspeed, and others at a $470M valuation, taking its total funding to $135M — Pika, a video-generation start-up that raised $80 million in its latest funding round, already has a publicly available product, as OpenAI and Google keep theirs under wraps| Simon Sharwood / The Register: |
Australia's eSafety commissioner ends the legal action asking X to remove a video of a clergyman's stabbing; Musk labelled the action an assault on free speech — Australia's eSafety commissioner has ended legal action that aimed to compel social network X to take down a video depicting … | Justin Ling / Wired: |
YouTube, the only major US platform available in Russia, has become a primary source of entertainment for many Russians, making a ban tricky for the Kremlin — YouTube remains the only major US-based social media platform available in Russia. It's become “indispensable” to everyday people, making a ban tricky.| Mike Butcher / TechCrunch: |
Switzerland-based Neural Concept, whose 3D product design software uses deep learning to help cut development times, raised a $27M Series B led by Forestay — As pressure from Chinese competitors intensifies and the EV market stalls, major U.S. and European auto manufacturers are racing … | Saritha Rai / Bloomberg: |
Twelve Labs, which provides foundational models to help users search and analyze troves of video, raised a $50M Series A co-led by NEA and Nvidia's NVentures — - It's co-leading a $50 million round for Twelve Labs Inc. — The startup is trying to make searching videos easier, faster| Krystal Hu / Reuters: |
Source: Canadian AI startup Cohere has raised $450M from Nvidia, Salesforce, Cisco, and others and is looking to raise more in the same round at a $5B valuation — Canadian AI startup Cohere has raised $450 million in funding from returning investors such as Nvidia (NVDA.O) and Salesforce Ventures … | Ryan Browne / CNBC: |
Singapore-based Nium, a B2B cross-border payments infrastructure provider, raised $50M at a $1.4B valuation, down from $2B in 2022, as the firm eyes a 2025 IPO — AMSTERDAM, Netherlands — Financial technology startup Nium told CNBC Wednesday it raised $50 million in new funds from investors … | Sourasis Bose / Reuters: |
Apollo Global agrees to buy 49% equity interest for $11B in a joint venture related to Intel's Fab 34 under construction in Leixlip, Ireland — Apollo Global Management's (APO.N) affiliates will provide $11 billion to Intel (INTC.O) to buy 49% equity interest in a joint venture entity related … | MK Manoylov / The Block: |
Filing: FTX argues it should pay the IRS a $200M priority tax claim and a $685M subordinated claim; IRS had said FTX owed $44B in taxes then revised it to $24B — - FTX argued in bankruptcy court that it owes significantly less than the IRS claimed. — FTX is not responsible … | Emilia Terzon / ABC: |
Australia's privacy regulator sues Medibank over an October 2022 data breach, accusing the health insurer of failing to protect the data of 9.7M customers — Health insurance giant Medibank is facing a maximum fine theoretically in the trillions of dollars after the Australian Information …
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