Techmeme
August 30, 2024, 3:35 PM

Top News

Greg Bensinger / Reuters:
Sources: Amazon's revamped “Remarkable” Alexa, due for release in October 2024, will be powered primarily by Anthropic's Claude, and cost $5 to $10 per month  —  Amazon's revamped Alexa due for release in October ahead of the U.S. holiday season will be powered primarily …
Ryan Smith / AnandTech:
AnandTech shuts down after covering PC and mobile hardware for over 27 years; publisher Future plans to keep AnandTech's website and articles live indefinitely  —  It is with great sadness that I find myself penning the hardest news post I've ever needed to write here at AnandTech.
Financial Times:
Sources: OpenAI is in discussions about changing its corporate structure to become more investor-friendly, including removing a cap on profits for investors  —  Discussions come as Apple, Nvidia and Microsoft consider participating in round that would value AI start-up at over $100bn
Bloomberg:
Sources: Intel explores options after a 50%+ stock drop YTD, including splitting its product and foundry units and potentially scrapping some factory projects  —  - Once-dominant chipmaker looks to longtime bankers for help  — Possible moves could include split of product, foundry units
Takashi Mochizuki / Bloomberg:
Sources: Tencent and NetEase reconsider or scale back Japanese game studio investments, after yielding few hit games and the Chinese market staged a comeback  —  - China's biggest game publishers are rethinking expansion plans  — ‘Wukong’ success also encouraged looking domestically for hits
New York Times:
Sources: the cryptology part of France's charges against Pavel Durov raises concerns at US tech companies with E2EE messaging apps, like Signal, Apple, and Meta  —  The criminal charges against Pavel Durov, Telegram's founder, raised concerns in Silicon Valley about encryption and the app's approach to privacy and security.
Chainalysis:
Huione Guarantee, a Cambodia-based online marketplace that facilitates pig butchering and other scams, has processed $49B+ in crypto transactions since 2021  —  Sensitive content warning  —  This article will touch on topics of criminal activity that readers may find distressing, including Child Sexual Abuse Material.
Rachel Graf / Bloomberg:
A federal judge dismisses a lawsuit claiming Elon Musk and Tesla pumped up Dogecoin into a “pyramid scheme”, finding that Musk's statements were “aspirational”  —  Investors who lost tens of thousands of dollars investing in the cryptocurrency faulted Musk for promoting …
Carl Franzen / VentureBeat:
Alibaba releases Qwen2-VL, a new AI model that it says can analyze videos longer than 20 minutes to summarize and answer questions about the videos' contents  —  Alibaba Cloud, the cloud services and storage division of the Chinese e-commerce giant, has announced the release of Qwen2-VL …
More: Qwen, SiliconANGLE, and Neowin
X: @alibaba_qwen, @reach_vb, @altryne, and @altryneLinkedIn: Tim GildayForums: r/LocalLLaMA

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More News

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Earlier Picks

Leo Schwartz / Fortune:
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Daniel Carvalho / Bloomberg:
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Katie Paul / Reuters:
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Nico Grant / New York Times: