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Techmeme
June 15, 2024, 6:10 AM
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Top News

Financial Times:
Sources: the EU has determined that Apple's anti-steering rules for developers do not comply with the DMA, and plans charges against Apple in the coming weeks  —  Brussels to announce iPhone maker is failing to adhere to new rules designed to open up its app store to competition
Ankit Patel / NVIDIA Blog:
Nvidia announces Nemotron-4 340B, a family of models that developers can use to generate synthetic data for training LLMs for commercial applications  —  Nemotron-4 340B, a family of models optimized for NVIDIA NeMo and NVIDIA TensorRT-LLM, includes cutting-edge instruct and reward models, and a dataset for generative AI training.
Foo Yun Chee / Reuters:
Meta will pause the launch of Meta AI in EU after the Irish DPC asked it to delay training its LLMs using adult EU users' public Facebook and Instagram content  —  Meta Platforms (META.O) will not launch its Meta AI in Europe for now following a request from the Irish privacy regulator, the U.S. social media company said on Friday.
Jake Bleiberg / Bloomberg:
US prosecutors charge two men with operating Empire Market, a dark web marketplace for illicit goods and services that did $430M+ in sales between 2018 and 2020  —  - Prosecutors say ‘Empire Market’ did $430 million in sales  — Drugs and malicious computer programs were sold, US says
Camomile Shumba / CoinDesk:
Nigeria drops tax evasion charges against Binance executives Tigran Gambaryan and Nadeem Anjarwalla, who still face money laundering charges  —  The executives, Tigran Gambaryan and Nadeem Anjarwalla, are still named in a money-laundering case.  — Tax charges against Binance executives Tigran Gambaryan …
Riley de León / CNBC:
Tempus AI's shares closed up 8.8% at $40.25 in the company's Nasdaq debut, giving it a market value of about $6.6B, after raising $410.7M in its IPO  —  WATCH NOW  —  Tempus AI, a health-care diagnostics company that uses AI to interpret medical tests to help physicians provide …
Bloomberg:
Gemini will return ~$50M of digital assets to investors who were locked out of their accounts when Gemini Earn collapsed, to settle a lawsuit by New York's AG  —  - Attorney General Letitia James sued Gemini Trust in October  — The settlement follows similar action brought against Genesis
The Information:
Sources: Sakana AI, a Tokyo-based LLM developer founded last year by Google alumni, is raising ~$100M at a $1B valuation in a round led by NEA, Khosla, and Lux  —  In their hunt for artificial intelligence investments, U.S. venture capitalists are looking past Silicon Valley at foreign AI startups …
More: Nikkei Asia
Reed Albergotti / Semafor:
Sources: Mustafa Suleyman's presence at Microsoft is causing some awkwardness with OpenAI, as he looks at the algorithms behind models like GPT-4  —  The Scoop  —  OpenAI was founded, in large part, as an AI safety countermeasure to DeepMind, the AI company acquired by Google in 2014.

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From Mediagazer

Todd Spangler / Variety:
Netflix and WBD say Netflix revised its WBD offer to an all-cash deal for $27.75/share, with the same $82.7B value; its original bid had $59B in debt financing

Alex Weprin / The Hollywood Reporter:
Filings: WBD projects CNN will generate $1.8B in revenue and $600M in adjusted EBITDA for FY 2026; docs show CNN had revenue of $2.2B in 2021 and $1.8B in 2023

Kerry Flynn / Axios:
Pitchfork launches a $5 per month or $50 per year subscription that lets readers comment on reviews, rate albums, and access its archive of 30,000+ reviews

More News

Chris Welch / The Verge:
Sonos faces a backlash after removing a line from its US privacy policy that said Sonos “does not and will not sell personal information about our customers”
Ryan Smith / AnandTech:
A deep dive into the Snapdragon X Elite/Plus architecture, including Oryon, Qualcomm's custom ARM CPU cores, as the first laptops with the SoC ship next week

Earlier Picks

Nathan Lambert / Interconnects:
A look at Apple's technical approach to AI, including core model performance, alignment strategies, and adapter and on-device strategy
Kashmir Hill / New York Times:
Filing: Clearview AI proposes settling a class action lawsuit by collectively giving a 23% stake, worth ~$52M, to Americans whose faces are in its database
Tom Warren / The Verge:
Microsoft delays Recall to test it with the Windows Insider Program and won't ship it with Copilot+ PCs next week, after saying it would make the feature opt-in
Joseph Menn / Washington Post:
Brad Smith tells a US House committee that Microsoft “accepts responsibility” for the issues the CSRB found, its business in China serves US interests, and more
Ina Fried / Axios:
OpenAI adds retired US Army General Paul Nakasone, who led the NSA and US Cyber Command, to its board of directors and its Safety and Security Committee
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