Techmeme
June 11, 2024, 5:30 PM

Top News

Apple Machine Learning Research:
Apple details two Apple Intelligence language models: ~3B parameter on-device and a larger model on Apple silicon servers available with Private Cloud Compute  —  At the 2024 Worldwide Developers Conference, we introduced Apple Intelligence, a personal intelligence system integrated deeply into iOS 18, iPadOS 18, and macOS Sequoia.
Mark Gurman / Bloomberg:
Kyle Orland / Ars Technica:
Bloomberg:
Source: Spotify plans to launch a higher-priced premium plan later in 2024, charging $5+ more per month for better audio, playlist and library tools, and more  —  The plan will cost at least $5 more per month and include access to high-fidelity audio and new playlisting tools.
Joe Rossignol / MacRumors:
Apple says iOS 18, iPadOS 18, macOS Sequoia, and watchOS 11 will rebrand Apple ID to Apple Account “for a consistent sign-in experience across Apple services”  —  Earlier this year, we reported that “Apple ID” would be renamed to “Apple Account,” and this change has now been officially announced.
Josh Tyrangiel / Washington Post:
Q&A with Tim Cook on how AI will help users “save time”, sticking to Apple's values, the Apple Intelligence name, hallucinations, OpenAI, journalism, and more  —  In an interview, Tim Cook explains how Apple's new AI will enhance your work and life, with guardrails.
Financial Times:
Paris-based AI startup Mistral raised a €600M Series B led by General Catalyst, sources say comprising €468M in equity and €132M in debt at a €5.8B valuation  —  Price tag has tripled since December for Microsoft-backed AI start-up launched one year ago to challenge OpenAI
Usama Jawad / XDA Developers:
Microsoft is removing the Custom GPT Builder feature from the consumer version of Copilot Pro on July 10, just three months after launching the feature  —  Microsoft has decided to retire GPT Builder in Copilot Pro for consumers, just three months after it began rolling out the service broadly.
Hayden Field / CNBC:
Current and former OpenAI staff are increasingly worried about the company's power over their equity, with no IPO in sight, restrictive company policies, more  —  OpenAI plans to allow stakeholders to sell a portion of their shares every year, but the company, which has been valued at over $80 billion …
More: MarketWatch
Stephanie Stacey / Financial Times:
Raspberry Pi jumped by up to 39% on its London trading debut, hitting a ~£542M market cap, after pricing shares at £2.80, and expects to ship 8.4M PCs in 2024  —  Cambridge-based creator of low-cost computers targets £542mn valuation  —  Shares in British microcomputer …
Bloomberg:
Sources: Intel plans to temporarily delay construction on its $25B plant in Israel, as the company works to pace its investments in factories planned globally  —  The slowdown to Intel's plans is temporary, the people said, asking not to be identified because the information isn't public.
Ivan Mehta / TechCrunch:
Google's June Pixel drop adds Gemini Nano to the Pixel 8 and 8a, updated HDR+ support to the Pixel 6 and up, car crash detection on the Pixel Watch 2, and more  —  Google is finally making its Gemini Nano AI model available to Pixel 8 and 8a users after teasing it in March.
Financial Times:
Wesley Yin-Poole / IGN:
Nintendo removes X support from the Switch via a new firmware update, following Sony and Microsoft doing so in 2023 after X introduced new fees for API usage  —  A shared responsibility.  —  As Nintendo had announced, it has now pulled X/Twitter support from the Switch via a new firmware update.
Sarah Perez / TechCrunch:
In posts that seem to misunderstand Apple's OpenAI deal, Elon Musk threatens to ban iOS, iPadOS, and macOS devices from his companies over ChatGPT integrations  —  Elon Musk is threatening to ban iPhones from all his companies over the newly announced OpenAI integrations Apple announced at WWDC 2024 on Monday.
Reuters:
Brazil's government hires OpenAI to expedite the screening and analysis of thousands of lawsuits using AI, providing insights to the solicitor general's office  —  Brazil's government is hiring OpenAI to expedite the screening and analysis of thousands of lawsuits using artificial intelligence …
More: Watcher Guru

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The Logan Bartlett Show:
EP 108: Olivier Pomel (CEO, Datadog) Shares Every Lesson From Scaling to $40B
A podcast hosted by Logan Bartlett, an investor at Redpoint Ventures, covering tech with industry insiders.
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