| Kyle Wiggers / TechCrunch: |
xAI launches Grok3 beta and Grok3 mini, its latest AI models with reasoning capabilities, trained on “10x” more compute than Grok2, for X Premium+ subscribers — Elon Musk's AI company, xAI, late on Monday released its latest flagship AI model, Grok 3, and unveiled new capabilities for the Grok iOS and web apps.| Amy Thomson / Bloomberg: |
xAI unveils DeepSearch, a reasoning chatbot that explains its thought process for queries and is capable of doing research, brainstorming, and data analysis — Elon Musk's artificial intelligence startup xAI showed off the updated Grok-3 model, showcasing a version of the chatbot technology … | Andrej Karpathy / @karpathy: |
| Kate Clark / Bloomberg: |
Source: Ilya Sutskever's startup Safe Superintelligence is raising $1B+ at a $30B+ valuation led by Greenoaks Capital, which plans to invest $500M — - SSI raising more than $1 billion, including from Greenoaks — Former OpenAI chief scientist left the company last year| Reuters: |
Bain Capital says it will not launch a tender offer for Fuji Soft, after KKR raised its offer earlier in February for the Japanese IT company, valued at $4B+ — U.S. private equity firm Bain Capital said on Monday it will not launch a tender offer for Fuji Soft (9749.T) … | Bloomberg: |
President Xi meets Alibaba co-founder Jack Ma, Huawei founder Ren Zhengfei, and others, signaling Beijing's support for the long-marginalized private sector — - Meeting signals a more supportive stance toward private firms — Xi promises relief from excessive fines, level playing field| Sergiu Gatlan / BleepingComputer: |
Chase plans to stop users making Zelle payments deemed “as originating from contact through social media”; the CFPB had claimed Zelle lacked adequate safeguards — JPMorgan Chase Bank (Chase) will soon start blocking Zelle payments to social media contacts to combat a significant rise … | Financial Times: |
Surj, the sporting arm of Saudi Arabia's PIF, plans to invest $1B in DAZN and a new joint venture with the sports streamer; source: Surj will take a <5% stake — Surj Sports Investment will take stake in DAZN and help fund a Middle East broadcasting joint venture| Dean Takahashi / VentureBeat: |
An interview with Shuhei Yoshida, who led PlayStation Studios from 2008-2019 and left Sony on January 15, on his 31 years at PlayStation, early days, and more — Shu Yoshida has graduated. He just completed 38 years at Sony, including 31 years at PlayStation, and he completed … | Connie Loizos / TechCrunch: |
An interview with Nextdoor CEO Nirav Tolia on building the “next Nextdoor”, not licensing data to AI firms for now, his relationship with Bill Gurley, and more — Social media is often about scale, but Nextdoor bet long ago on something different: that it could grow a big business off smaller, local communities.| Bloomberg: |
Baidu reports Q4 revenue down 2% YoY to ~$4.7B, above $4.6B est., and a ~$717M net income, above ~$540M est., as its search and AI businesses face competition — Revenue for the three months ended December shrank 2% to 34.1 billion yuan ($4.7 billion), versus an average estimate of 33.4 billion yuan.| Politico: |
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