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September 28, 2024, 7:40 PM
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| Wall Street Journal: |
Source: Apple is no longer in talks to participate in an OpenAI funding round that is expected to raise as much as $6.5B — Company behind ChatGPT is aiming to raise around $6.5 billion in funding set to close next week — Apple is no longer in talks to participate in an OpenAI funding round expected …
More: Spyglass, Daring Fireball, 9to5Mac, News.ng, Business Today, Neowin, Business Times, Daily Journal, PhoneArena, AppleInsider, iPhone in Canada Blog, Mashable, Reuters, iClarified, Wccftech, Benzinga, NewsBytes, Business Insider, and Deccan Herald
Threads: @72mena and @firerock31
| New York Times: |
Docs: OpenAI had $300M in monthly revenue in August, up 1,700% since early 2023, 350M MAUs in June, and expects ~$3.7B in annual sales but $5B in losses in 2024 — As the company looks for more outside investors, documents reviewed by The New York Times show consumer fascination with ChatGPT and a serious need for more cash.
More: 9to5Mac, TechCrunch, CNBC, Fortune, The Decoder, Marcus on AI, TechRadar, DNyuz, Benzinga, Neowin, The Verge, The Information, Engadget, and Proactive
Threads: @gruber, @paul_rietschka, @kalihays1, and @benedictevans
X: @annmlipton, @grady_booch, @ccm_brett, @garymarcus, @jason_kint, @jason_kint, @modestproposal1, @modestproposal1, @amir, @mikeisaac, @zerohedge, @modestproposal1, @eringriffith, and @mikeisaac
LinkedIn: Brett Pollak and Pramod Gosavi
Forums: r/Economics and r/singularity
| Reuters: |
Sources: OpenAI expects its revenue to grow to $11.6B in 2025; ChatGPT has 10M paying users and could bring in $2.7B in revenue in 2024, up from $700M in 2023 — Thrive Capital is investing more than $1 billion of OpenAI's current $6.5 billion fundraising round, and it has a sweetener …
X: @cathiedwood and @manan
| New York Times: |
More: Tom's Hardware, TechSpot, Fortune, The Atlantic, Windows Central, and Digital Trends
Mastodon: @LilahTovMoon@tech.lgbt and @jalefkowit@vmst.io
Bluesky: @marsrover.bsky.social, @fluxandflow.bsky.social, @mikal-el.com, @indaindica.bsky.social, and @lifewinning.com
X: @stevelohr, @edzitron, @edzitron, @rahll, and @buccocapital
LinkedIn: Angela Chapman, Amanda Brock, and James Teare
Forums: Hacker News, r/ArtistHate, and r/singularity
| Bill Toulas / BleepingComputer: |
The US DOJ charges two Russians for operating $1B+ money laundering services for cybercriminals; one is accused of operating the Joker's Stash marketplace — The U.S. Department of Justice (DoJ) has announced charges against two Russian nationals for operating billion-dollar money laundering services …
More: U.S. Department of State, U.S. Department …, Krebs on Security, US Department of Justice, PCMag, Flashpoint, Cryptopolitan, Coinpedia Fintech News, SecurityWeek, Blockonomi, Bitcoin Insider, crypto.news, Cryptonews, and Decrypt
X: @vxdb, @secretservice, @secretservice, @usattyaber, @stateinl, @darkwebinformer, @edvanews, and @mopeng
LinkedIn: Lance Morginn and Brian Krebs
| Ricardo Brito / Reuters: |
Court docs: Brazil's Supreme Court say X still needs to pay $5M+ in pending fines, including a new one, before it will be allowed to resume service in Brazil — Brazil's Supreme Court said on Friday that social platform X still needs to pay just over $5 million in pending fines …
More: TechCrunch, The Verge, The Hill, Mashable, Engadget, Reclaim The Net, Bloomberg, Associated Press, CNBC, Agence France-Presse, The Indian Express, Tech Xplore, Benzinga, and Inc.com
X: @morningbrew and @globalaffairs
| Bloomberg: |
Sources: China is discouraging local companies from purchasing Nvidia's H20 chips to help expand the country's semiconductor industry and counter US sanctions — - Nvidia can only sell slower AI chips to China due to US curbs — Beijing is fostering domestic champions like Huawei, Cambricon| Brian Steinberg / Variety: |
Sources: Amazon Prime Video is in talks with veteran anchor Brian Williams to host a live Election Night special, its first entry into news-related programming — Brian Williams may have found his next TV-news job....except it won't be on traditional TV. — The veteran NBC News …
More: Wall Street Journal, TechCrunch, Los Angeles Times, The Hill, The Verge, The Hollywood Reporter, IJR, Mediaite, Deadline, TVLine, The Daily Beast, and DNyuz
Bluesky: @jeremydstanley.com. X: @brianstelter, @bristei, and @dylanbyers. LinkedIn: Brian Steinberg. Forums: r/television
| Stephanie Stacey / Financial Times: |
Bumble, Muzz, and Match Group are pushing their friend-finding and community-building products to attract young users hit by so-called dating app fatigue — Bumble and Match Group launch friendship and social products to help reverse post-pandemic slowdown| Kate Knibbs / Wired: |
A profile of Internet Archive founder Brewster Kahle, as the service fights existential battles over copyright, including from music labels like UMG — The web's collective memory is stored in the servers of the Internet Archive. Legal battles threaten to wipe it all away.
More: Links I Would Gchat …. Threads: @wired. Mastodon: @jawnsy@mastodon.social, @pete@social.coop, and @Jayhoffmann@mastodon.social
X: @xerxesqados, @profwoodward, @deepakadk, @knibbs, @jomc, @ronanbeckman, @lionblogosphere, @neilturkewitz, @lacey9020, and @knibbs
Forums: r/books, r/DataHoarder, and r/technology
| Steven Levy / Wired: |
Q&A with Trae Stephens, partner at Founders Fund and Executive Chairman of Anduril, on autonomous AI's role in warfare, building a wearable e-reader, and more — He's deep in the defense-startup world as a Founders Fund partner and Anduril cofounder. His bunker, though, isn't fully prepped for the end times.
X: @samuelclay, @matthewboedy, @elkeschwarz, and @knibbs
| Toby Sterling / Reuters: |
SEMI: China is projected to invest $100B+ on chipmaking equipment from 2025 to 2027, followed by South Korea at $81B, Taiwan at $75B, and the Americas at $63B — Semiconductor manufacturers will spend a record $400 billion on computer chip-making equipment in 2025-2027 … | Lizzi C. Lee / Rest of World: |
Chinese state media has embraced the success of Black Myth: Wukong, a Chinese AAA game that has sold 20M+ copies globally, hailing it as a soft power export — China is changing its long-critical stance thanks to the smash hit, according to Chinese game developers and industry analysts.Sponsor Posts
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Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.Featured Podcasts
Access:
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A show about the tech industry's inside conversation, hosted by tech reporter Alex Heath and founder whisperer Ellis Hamburger.
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Anthropic's quest to study the negative effects of AI is under pressure
A show from the Verge about big ideas - and other problems.
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Lenny's Podcast:
Why LinkedIn is turning PMs into AI-powered "full stack builders" | Tomer Cohen (LinkedIn CPO)
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