Techmeme
September 12, 2024, 9:55 AM

Top News

Wesley Yin-Poole / IGN:
Memo: Microsoft lays off 650 staff from its gaming business, bringing the cuts in its gaming business to 2,550 jobs since acquiring Activision Blizzard in 2023  —  No games canceled or studios closed this time.  —  Microsoft is laying off a further 650 staff from its gaming business …
Bloomberg:
Sources: OpenAI is in talks to raise $6.5B in equity financing at a $150B valuation, plus, a source says, $5B in debt from banks as a revolving credit facility  —  - Company set to raise $6.5 billion in equity financing  — Banks also in talks to issue startup $5 billion in debt
Dan Goodin / Ars Technica:
Shaurya Malwa / CoinDesk:
Coinbase launches its wrapped bitcoin, cbBTC, on the Ethereum and Base networks, supported by various DeFi services for trading, lending, and as collateral  —  The token will initially be offered on Ethereum and Coinbase's Base networks, with plans to expand to more blockchains in the coming months.
Ryan Browne / CNBC:
The UK gives data centers Critical National Infrastructure designation, enabling the government to coordinate better against hackers and unexpected cyber events  —  LONDON — The U.K. on Thursday said it now classes data centers as critical infrastructure, in a move that is expected …
Sarah Emerson / Forbes:
Sources: Adam Neumann's Flowcarbon, which raised $70M in 2022 from a16z and others, is refunding investors after failing to launch its Goddess Nature Token  —  Flowcarbon secured millions of dollars in funding from investors like Andreessen Horowitz to merge carbon credits with the blockchain …
Natasha Lomas / TechCrunch:
Ireland's DPC opens an investigation into Google's GDPR compliance over using the personal information of EU and EEA users for training foundation AI models  —  Google's lead privacy regulator in the European Union has opened an investigation into whether or not it has complied …
Debby Wu / Bloomberg:
Infineon says it has developed 300mm gallium nitride wafers, which can produce 2.3x more chips than 200mm wafers and speed their adoption for AI applications  —  - Chipmaker announces breakthrough in gallium nitride production  — Compound semiconductors can be more efficient than silicon
Aisha Malik / TechCrunch:
Google adds Audio Overview to NotebookLM, letting users turn documents into audio discussions with two AI hosts that summarize and explain the source material  —  Google announced on Wednesday that its AI note-taking and research app, NotebookLM, is adding a new “audio conversations” feature.
Lily Hay Newman / Wired:
A look at Apple's Private Cloud Compute for Apple Intelligence, which Craig Federighi says allows personal data to be “sealed inside of a privacy bubble”  —  Private Cloud Compute is an entirely new kind of infrastructure that, Apple's Craig Federighi tells WIRED …

Sponsor Posts

Microsoft:
6 AI Trends to Watch in 2025  —  Explore insight from Microsoft on key AI advancements that will shape our work and daily lives in the coming year.
Genesys:
The Levels of Experience Orchestration  —  What's your vision for the future of customer experience?  See how AI can transform your business - and take you to the next level.
Zoho:
Zoho Assist for Startups  —  A new business idea often arises when a problem needs a solution.  Even you, the one reading this blog, could be the next entrepreneur, or perhaps your colleague sitting next to you might be the future owner of a start-up.
Techmeme Leaderboards:
Discover the top reporters on AI, VR, policy, and much more  —  We've analyzed Techmeme's news crawl to identify the most influential and prolific writers on 48 news topics.  Download reports immediately for just $100.
Techmeme Ride Home:
Fri. 01/17 - TikTok Loses In The Supreme Court
The day's tech news, every day. Fifteen minutes and you're up to date.
Subscribe to Techmeme Ride Home.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 9:55 AM ET, September 12, 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

Gian Volpicelli / Bloomberg:
Todd Feathers / Gizmodo:

Earlier Picks

Kevin Breuninger / CNBC:
Sarah Perez / TechCrunch:
Maxwell Zeff / TechCrunch:
Ben Schoon / 9to5Google:
Kyle Wiggers / TechCrunch: