June 15, 2024, 3:25 AM

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.
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 …
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.
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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Earlier Picks

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