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June 11, 2024, 5:20 PM
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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:
Apple's AI features are quintessentially Apple and probably take the right approach, but many won't launch until 2025; the iOS 18 beta is missing the new Siri  —  Apple finally unveiled its AI effort this week, alongside minor upgrades to its operating systems.
Kyle Orland / Ars Technica:
Apple says its Private Cloud Compute for AI processing uses servers with Apple silicon, and “independent experts can inspect the code” that runs on its servers
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.
Max A. Cherney / Reuters:
Sources: MediaTek is designing an Arm-based chip for Windows laptops, slated to launch late in 2025 after Qualcomm's exclusive deal expires  —  Taiwanese chip design giant MediaTek (2454.TW) is developing an Arm-based personal computer chip that will run Microsoft's (MSFT.O) Windows operating system …
More: How-To Geek and Neowin
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:
Video game and app developer Voodoo acquires photo-sharing app BeReal, in a deal valuing BeReal at €500M; Voodoo's Aymeric Roffé will become BeReal's CEO  —  Paris-based platform popular with young people is bought by French video game developer
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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From Mediagazer

Bloomberg:
Sources: WBD begins exclusive talks with Netflix to sell its film and TV studios and HBO Max; Netflix is offering a $5B breakup fee if the deal isn't approved

The Guardian:
Ireland, Spain, Slovenia, and the Netherlands exit Eurovision after Israel received an all-clear to compete; the BBC and Germany's SWR plan to participate

James Faris / Business Insider:
Kalshi strikes a deal with CNBC that will integrate Kalshi's prediction data into CNBC's channel, site, and app starting in 2026, days after striking a CNN deal

More News

Jordan Novet / CNBC:
Oracle reports Q4 revenue up 3% YoY to $14.29B, vs. $14.55B est., net income down 5% to $3.14B, announces deals with Google and OpenAI; ORCL up 7%+ after hours
Kevin Roose / New York Times:
Apple Vision Pro, while a remarkable piece of tech, needs updates to stop gathering dust, and WWDC 2024's features, like 3D “spatial photos”, are modest tweaks

Earlier Picks

Wesley Yin-Poole / IGN:
Q&A with Phil Spencer on the Xbox Games Showcase 2024, Microsoft's studio closures and layoffs, multi-platform games, Game Pass, an Xbox handheld, and more
Chance Miller / 9to5Mac:
Apple unveils iOS 18, adding more Home Screen customization, a dark mode that tints app icons, a revamped Control Center, scheduled send for Messages, and more
More: Apple, MacRumors, Bloomberg, 9to5Mac, 9to5Mac, CNET, iMore, 9to5Mac, Supercharged, Creative Bloq, Pocket-lint, Xataka On, 9to5Mac, MacRumors, TechCrunch, 9to5Mac, Ars Technica, The Sun, CNET, Yahoo Finance, iPhone in Canada Blog, TechRadar, PhoneArena, Stuff, AppleInsider, TechCrunch, iMore, XDA Developers, The Verge, Digital Trends, BGR, The Verge, The Verge, ZDNet, MacRumors, and Engadget
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Forums: Hacker News, r/ios, r/iphone, and MacRumors Forums
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