June 11, 2024, 8:35 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:
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.
Hayden Field / CNBC:
Elon Musk withdraws his lawsuit against OpenAI, Sam Altman, and Greg Brockman, filed in California court in February, for breach of contract and fiduciary duty  —  Elon Musk on Tuesday withdrew his lawsuit against OpenAI and two of the company's co-founders, Sam Altman and Greg Brockman, in California state court.
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.
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.
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.
Ryan Vlastelica / Bloomberg:
Apple shares closed up 7.3% at $207.15 in their biggest one-day jump since November 2022, giving the company a $3.18T market cap, just under Microsoft's $3.22T  —  - The return to all-time high comes after Monday conference  — Shares have underperformed most other big tech names this year
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
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
Financial Times:
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.
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.
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 …
Sarah Butler / The Guardian:
A profile of French secondhand tech marketplace Back Market, which has raised €930M+, generated €320M in 2023 sales, up 45% YoY, and had 4.5M new users in 2023  —  Thibaud Hug de Larauze says sales at his marketplace for refurbished electronics are soaring not just because people need …
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  —  Oracle shares jumped as much as 9% in extended trading on Tuesday after the software maker announced cloud deals with Google and OpenAI …

Sponsor Posts

Sustainable from the ground up  —  Discover eco-friendly cloud solutions powered by advanced water-cooling technology.  Join a trusted cloud leader and transform your digital landscape.
Tribe AI:
Build AI products that matter  —  Tribe AI helps organizations rapidly deploy AI solutions that have real business impact.  We bring together world class AI talent and tooling to drive differentiated results.
Kulkan Security:
Hire Kulkan as your penetration testing partner  —  Kulkan prioritizes deep-dive manual security reviews, dissecting your software and infrastructure to find issues that once remediated can truly reduce security risk.
What are no-code chatbots and how do you create them?  —  In recent years, businesses across multiple industries have been leveraging chatbots to step up their customer engagement.
Introducing Tadpole: the tiny webcam for laptops  —  With a mirrorless Sony sensor, directional microphone, and tap-to-mute feature, the Tadpole works with both Mac and PC and is the perfect webcam to take with you everywhere.
The Logan Bartlett Show:
EP 110: How Eric Glyman (CEO, Ramp) Runs One of The Fastest Growing Startups
A podcast hosted by Logan Bartlett, an investor at Redpoint Ventures, covering tech with industry insiders.
Subscribe to The Logan Bartlett Show!
Techmeme Ride Home:
(First Ones) Josh Wolfe Of Lux Capital
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.

About This Page

This is a Techmeme archive page. It shows how the site appeared at 8:35 PM ET, June 11, 2024.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Earlier Picks

Kevin Roose / New York Times:
Chance Miller / 9to5Mac:
More: Apple, CNET, XDA Developers, MacRumors, Tom's Guide, Bloomberg, Neowin, 9to5Mac, Creative Bloq, iMore, MacRumors, Pocket-lint, Xataka On, 9to5Mac, Supercharged, CNET, 9to5Mac, 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, ZDNet, MacRumors, The Verge, and Engadget