Techmeme
September 29, 2024, 12:25 PM

Top News

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 …
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.
Matthew Lynley / Supervised:
A look at OpenAI's sprawling product portfolio as the startup matures into a real business and runs into the challenges of avoiding product creep  —  Plus: OpenAI's portfolio is getting a little big.  —  ∙ Paid  —  This issue was finished on a mobile device so I apologize ahead of time for any typos and formatting errors.
New York Times:
Mark Gurman / Bloomberg:
Sources: Apple considers options for its headsets, including moving compute to iPhone, and is working on homeOS; new Masimo CEO could enable a deal with Apple  —  Meta's latest AR glasses and cheaper mixed-reality headset add pressure on Apple to make its Vision push work.
Jem Aswad / Variety:
YouTube blocks songs by Adele, Bob Dylan, Green Day, and others in the US, after its music licensing agreement with performing rights organization SESAC expired  —  Songs by Adele, Bob Dylan, Green Day, R.E.M., Burna Boy, Rush and many others are currently unplayable on YouTube in the U.S. due …
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 …
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
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
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 …

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More News

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Earlier Picks

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