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Techmeme
October 15, 2024, 5:10 AM
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Top News

Jennifer Hiller / Wall Street Journal:
Google signs an deal to buy nuclear energy generated from multiple small modular reactors developed by US-based Kairos Power, targeting 500 MW by 2035  —  Startup Kairos Power plans to build small reactors to help supply electricity to the tech company's data centers, in a first-of-its-kind deal in the U.S.
Matt Mullenweg:
Matt Mullenweg responds to DHH's claim that “Automattic is doing open source dirty”, pointing out Rails' own trademark policy and taking some jabs at 37signals  —  I'll just remind everyone at the start that this is a respectful debate, and DHH and I tried to get on a call but couldn't because we were both traveling.
Lily Hay Newman / Wired:
The FIDO Alliance debuts Credential Exchange Protocol, a specification to make passkeys portable across systems, and Passkey Central, a developer resource site  —  “Passkeys,” the secure authentication mechanism built to replace passwords, are getting more portable and easier for organizations …
Jess Weatherbed / The Verge:
Adobe launches its AI video model Firefly Video Model in public beta in Premiere Pro, including letting users extend footage and generate video from prompts  —  Adobe is making the jump into generative AI video.  The company's Firefly Video Model, which has been teased since earlier this year …
Jeremy Gray / PetaPixel:
Adobe says its Firefly Video Model is the first “commercially safe” text-to-video generative AI model that was trained on licensed and public domain content  —  Adobe unveiled its Firefly Video Model last month, previewing a variety of new generative AI video features.
Jess Weatherbed / The Verge:
At its Adobe Max event, Adobe adds AI tools to Photoshop, like Distraction Removal, and makes Generative Fill, Generative Expand, and more generally available
Juby Babu / Reuters:
Sebastien Bubeck, Microsoft's VP of GenAI research who is known for his work on its Phi small language models, is joining OpenAI to “further his work” on AGI  —  Microsoft (MSFT.O) on Monday said that its vice president of GenAI research, Sebastien Bubeck, is leaving the company to join ChatGPT-maker OpenAI.
Dean Takahashi / VentureBeat:
Deloitte expects chip industry revenue to grow 16% YoY in 2024 to a record $611B, and to reach $1T by 2030, despite the industry facing a talent shortage  —  In 2022, Deloitte expected that the global semiconductor industry would need to add a million skilled workers by 2030, or more than 100,000 annually.
Kali Hays / Fortune:
Analysis: since ChatGPT's launch about two years ago, the US DOD has awarded ~$670M in contracts to ~323 companies for AI projects, up 20% from 2021 and 2022  —  Robert Skinner, The Department of Defense chief digital and artificial intelligence officer, testifying in March 2024 before House Armed Services Subcommittee.
Bloomberg:
Sources: Tether talked to several commodities trading firms about lending to them, as it hopes to face fewer regulatory restrictions than traditional lenders  —  - Commodity traders rely on credit lines to finance shipments  — Tether CEO says any commodities work ‘in early stages’

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This is a Techmeme archive page. It shows how the site appeared at 5:10 AM ET, October 15, 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.

From Mediagazer

Ted Johnson / Deadline:
President Trump urges Congress to support a federal film and TV tax incentive and lists a bipartisan group of lawmakers that he's working with to pass the bill

Alex Sherman / CNBC:
Sources: in its next US TV deal, the NHL seeks a 50%-100% increase over its seven-year, $4.5B contract with ESPN and TNT; formal talks can begin on January 1

Bloomberg:
A look at Disney's AI push; sources: it is testing AI-powered suggestions and could add chats with characters on Disney+, and execs saw AI demos at Amazon MGM

More News

Asif Iqbal Shaik / SamMobile:
Samsung rolls out One UI, based on Tizen 8.0, to its smart TVs that were released in 2023, after announcing plans to update the TVs at its developer conference

Earlier Picks

Devindra Hardawar / Engadget:
Meta Quest 3S review: fast performance, comfortable, excellent controllers, and large app library, but Fresnel lenses lead to artifacts and average MR cameras
Tom Warren / The Verge:
The Internet Archive's Wayback Machine is back in a “provisional, read-only manner”, after a DDoS attack on the Internet Archive on October 9 and a data breach
Financial Times:
The UK appoints Microsoft UK CEO Clare Barclay to lead its new Industrial Strategy Advisory Council, which will focus on growing eight sectors, including tech
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