| Maxwell Zeff / TechCrunch: |
Stanford and University of Washington AI researchers claim they trained AI reasoning model s1, distilled from a Gemini 2.0 model, for under $50 in cloud compute — AI researchers at Stanford and the University of Washington were able to train an AI “reasoning” model for under $50 in cloud compute credits … | Miles Kruppa / Wall Street Journal: |
Email: Google eliminates its goal of hiring more employees from historically underrepresented groups and is reviewing some DEI programs after Donald Trump's EOs — Search giant is eliminating goals to hire more minority employees and reviewing DEI programs, part of a pullback across Silicon Valley| Emma Roth / The Verge: |
OpenAI opens ChatGPT search to users who are not logged in, after launching it to paying subscribers in October 2024 and logged-in users in December 2024 — OpenAI is making its AI search engine more accessible. — OpenAI is making its AI search engine more accessible.| Mark Gurman / Bloomberg: |
Apple is at the center of an escalating US-China geopolitical fight spanning tariffs, regulatory probes, and a backlash due to growing anti-US rhetoric in China — - The iPhone is in crosshairs of 10% tariffs on Chinese imports — China also is weighing a probe into company's App Store fees| Cecilia D'Anastasio / Bloomberg: |
Roblox reports Q4 revenue up 32% YoY to $988.2M, bookings up 21% YoY to $1.36B, vs. $1.37B est., and DAUs up 19% YoY to 85.3M, vs. 88.4M est.; RBLX falls 15%+ — - Roblox had 85.3 million daily active users in fourth quarter — The company's quarterly bookings reached $1.36 billion| Bloomberg: |
Sources: Andy Jassy's campaign to flatten Amazon's middle management raises fears among staff of lean years and fewer promotions, as old career paths dry up — Campaign to restructure workforce is capitalizing on a moment when return-to-office policies are more common and the technology job market is cooling off.| Casey Hall / Reuters: |
Trump's de minimis cancellation is likely to hit Shein harder than online dollar-store Temu, which has shifted to an Amazon-like bulk overseas shipment strategy — The Trump administration move to stop low-cost imports entering the U.S. tariff-free is likely to hit fast fashion retailer Shein harder … | Stephen Nellis / Reuters: |
Qualcomm CEO Cristiano Amon says Arm has withdrawn its October 2024 breach notice against Qualcomm and Arm no longer plans to end its Qualcomm license agreement — Qualcomm's (QCOM.O) Chief Executive Officer Cristiano Amon on Wednesday said Arm Holdings (O9Ty.F) has withdrawn a threat … | Max A. Cherney / Reuters: |
| Henry Stockdale / UploadVR: |
Interviews with nearly two dozen VR studios on shipping games on Quest, Meta's increased focus on Horizon Worlds, concerns over declining game sales, and more — With concerns about declining sales and discoverability, UploadVR spoke with nearly two dozen VR studios to discuss the state of VR development for Quest.| Bill Toulas / BleepingComputer: |
Spanish police arrest and raid a suspected hacker over 40 cyberattacks on critical public and private organizations, seizing 50 crypto accounts, PCs, and more — The Spanish police have arrested a suspected hacker in Alicante for allegedly conducting 40 cyberattacks targeting critical public … | Wall Street Journal: |
Sources: OpenAI is expected to air its first TV ad during Super Bowl LIX; MediaRadar says AI companies spent $332M on ads in 2024, over double their 2023 spend — The TV spot marks the artificial-intelligence company's biggest foray into consumer advertising to date| Bill Toulas / BleepingComputer: |
Kaspersky researchers found apps in Google's Play Store and Apple's App Store that use OCR to steal crypto wallet recovery phrases from images on users' devices — Android and iOS apps on the Google Play Store and Apple App Store contain a malicious software development kit (SDK) … | Brent Crane / Bloomberg: |
A profile of Joseph Firmage, who co-founded USWeb, which went public with a $2.5B market cap in 1997, and is now being sued by “antigravity machine” investors — Joseph Firmage helped create today's digital economy. These days, he's being sued by antigravity-machine investors … | Politico: |
The Senate Commerce Committee approves the Kids Off Social Media Act to ban under-13s from social media, clearing the way for consideration by the full Senate — The Senate Commerce Committee approved legislation Wednesday to ban children under 13 from social media.| Anton Shilov / Tom's Hardware: |
In Q4 2024, AMD outsold Intel in the data center area for the first time, with revenue up 69% YoY to $3.86B, vs. Intel's $3.4B, but analysts expected more sales — But sales of Instinct GPUs disappoint. — AMD on Tuesday announced its financial results for the fourth quarter of 2024 and for the whole year.| Canalys: |
Worldwide tablet shipments grew 9.2% YoY in 2024 to 147.6M units, after three consecutive years of decline; Xiaomi grew 73.1% YoY and Huawei grew 29.3% YoY — According to the latest data from Canalys, worldwide tablet shipments grew 5.6% year on year in Q4 2024, reaching 39.9 million units.| Foster Wong / Bloomberg: |
DeepSeek says it suspended letting customers top up their API credits, due to server capacity shortages after being overwhelmed with demand since January 2024 — DeepSeek, the Chinese startup whose artificial-intelligence model roiled global markets last week, said it would restrict access … | Jagmeet Singh / TechCrunch: |
TrueFoundry, which helps enterprises deploy AI systems at scale, raised $19M led by Intel Capital, taking its total funding to $21M+, and claims 30 customers — TrueFoundry, a startup run by a group of former Meta engineers to help enterprises deploy AI systems at scale, has raised $19 million in fresh investment led by Intel Capital.| Ingrid Lunden / TechCrunch: |
Munich-based Avelios, which is developing a healthcare system covering EHR, billing, clinical records, and more, raised a €30M Series A led by Sequoia — The race is on to build a new generation of healthcare software to replace legacy hospital systems that in some cases may not have been updated in decades.| Kate Clark / Bloomberg: |
US SEC filing: Sequoia's evergreen fund has grown from $13.6B in early 2023 to $19.6B, , a signal that the firm continues to grow despite a VC funding slowdown — The fund's total includes new cash commitments, shares of now-public companies that Sequoia previously backed and cash returns from mergers and acquisitions.| Kate King / Wall Street Journal: |
Amazon has shrunk its Amazon Go store portfolio by ~50% since early 2023, to 16 stores in four US states, as the company stumbles in its physical retail efforts — The e-commerce giant is closing more of its convenience stores; 'I don't think they really understand retail,' a consultant says
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| Suhasini Srinivasaragavan / Silicon Republic: |
| MacKenzie Sigalos / CNBC: |
| Karissa Bell / Engadget: |
| 404 Media: |
| Mark Gurman / Bloomberg: |
| Kif Leswing / CNBC: |
| Greg Bensinger / Reuters: |
| Wall Street Journal: |
| Jason Shubnell / The Block: |
| Brody Ford / Bloomberg: |