Techmeme
October 29, 2024, 1:50 PM

Top News

Chris Welch / The Verge:
Apple updates the Mac mini with a much smaller design, M4 or M4 Pro, two front-facing USB-C ports, up to 64GB of RAM, and more, shipping November 8 for $599+  —  As part of the company's week of Mac-focused announcements, Apple has just introduced a smaller, yet even more powerful Mac Mini.
Benjamin Mayo / 9to5Mac:
Apple debuts M4 Pro: Thunderbolt 5, up to a 14-core CPU, up to a 20-core GPU with up to 2x more power than the M4, a 16-core Neural Engine, and up to 64GB RAM  —  The just-announced Mac mini includes the unveiling of the M4 Pro chip for the first time.  The new upscale chip features 14-CPU cores …
Tom Warren / The Verge:
GitHub plans to update Copilot to support Anthropic, Google, and OpenAI models, unveils AI web app building tool Spark, updates Copilot in VS Code, and more  —  GitHub is going multi-model for its Copilot code completion and programming tool.  Developers will soon be able to choose models from Anthropic …
Jason Koebler / 404 Media:
Elon Musk's PAC sends Republicans texts impersonating Kamala Harris without disclaimers, pushing policies Harris doesn't support, and ups its social ads spend  —  An Elon Musk-funded super PAC has expanded an advertising campaign in which it is impersonating Democrats and targeting registered Republicans …
Ben Thompson / Stratechery:
Why Meta is well positioned to be AI's main beneficiary in the short, medium, and long term: generative AI, ads, infinite content, XR, “generative UI”, and more  —  Stratechery has benefited from a Meta cheat code since its inception: wait for investors to panic, the stock to drop …
Pritam Biswas / Reuters:
Consensys, the maker of the MetaMask crypto wallet, is cutting 162 staff, ~20% of its workforce, and notes costly fights with regulators  —  Cryptocurrency firm Consensys said on Tuesday it would cut 20% of its total workforce, citing broader macroeconomic pressures and ongoing regulatory challenges facing the industry.
Reuters:
Sources: OpenAI is working with Broadcom and TSMC to build its first in-house AI chip focusing on inference, and has scaled back its foundry ambitions  —  OpenAI is working with Broadcom (AVGO.O) and TSMC (2330.TW) to build its first in-house chip designed to support its artificial intelligence systems …
More: Bloomberg and SamMobile
Aanu Adeoye / Financial Times:
Nigeria-based Moniepoint, which offers bank accounts, loans, and POS terminals, raised $110M led by DPI, sources say at a $1B+ valuation, after raising $55M  —  Company raises $110mn from investors including Google despite slowdown in fundraising for African start-ups
Reuters:
The Biden admin says it is finalizing rules to limit US investments in AI and other tech in China that could threaten national security, effective January 2  —  The Biden administration said on Monday it is finalizing rules that will limit U.S. investments in artificial intelligence …
Sankalp Phartiyal / Bloomberg:
Sources: Apple's iPhone exports from India rose 33% YoY to ~$6B in the six months through September 2024, putting 2025 exports on track to pass FY 2024's ~$10B  —  - Exports of device rise a third in six months through September  — Apple continues India push to reduce reliance on China
Jordan Novet / CNBC:

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