| Jess Weatherbed / The Verge: |
Niantic Labs says it is selling its video game division, including Pokémon Go, to Saudi Arabia-owned developer Scopely for $3.5B, subject to regulatory approval — The $3.5 billion Scopely deal could bring Niantic's AR gaming catalog under Saudi ownership.| Financial Times: |
Niantic's $3.5B deal gives Scopely, acquired by Saudi-owned Savvy Games Group in 2023 for $4.9B, a total audience of 500M+ players, driven by Monopoly Go! — US-based Niantic is selling its games business as part of a pivot to artificial intelligence — Scopely, the Saudi-owned developer … | Abner Li / 9to5Google: |
Google unveils Gemma 3, the “world's best single-accelerator model”, running on a single GPU, in 1B, 4B, 12B, and 27B sizes, and says it outperforms Llama-405B — Following version 1 in February 2024 and 2 in May, Google today announced Gemma 3 as its latest open model for developers.| Emma Roth / The Verge: |
Google DeepMind launches two AI models, Gemini 2.0-based Robotics and Robotics-ER, to help robots “perform a wider range of real-world tasks than ever before” — Gemini Robotics also makes robots more dexterous, allowing them to perform more precise tasks, like folding a piece of paper.| Annie Palmer / CNBC: |
The US FTC asks a judge to delay its case accusing Amazon of deceptive practices with Amazon Prime, citing staffing shortfalls — The Federal Trade Commission asked a judge in Seattle to delay the start of its trial accusing Amazon of duping consumers into signing up for its Prime program, citing staffing constraints.| Simon Willison / Simon Willison's Weblog: |
Thoughts on using LLMs for coding, which can often be difficult and unintuitive, and why “vibe coding” is a fantastic way to explore the capabilities of LLMs — Online discussions about using Large Language Models to help write code inevitably produce comments from developers who's experiences have been disappointing.| Bloomberg: |
Roomba maker iRobot warns of “substantial doubt” over its ability to continue operating, after Amazon abandoned a $1B+ takeover in January 2024; IRBT drops 35%+ — IRobot Corp., the consumer robotics company that Amazon.com Inc. once planned to buy for more than $1 billion … | Reuters: |
Sources: TSMC has pitched Nvidia, AMD, Broadcom, and Qualcomm about taking stakes in a JV to run Intel Foundry; TSMC would hold no more than a 50% stake — TSMC (2330.TW) has pitched U.S. chip designers Nvidia (NVDA.O), Advanced Micro Devices (AMD.O) and Broadcom (AVGO.O) … | Financial Times: |
Amazon, Google, and Meta join a World Nuclear Association statement, alongside Occidental, Dow, and others, to triple capacity by 2050; Microsoft didn't sign — Tech giants join banks in calling for new power stations to meet growing energy demands and combat climate change| Associated Press: |
Investigation: AI-powered student monitoring tool Gaggle, used to track ~6M US students, isn't always secure, and there's no research showing it boosts safety — One student asked a search engine, “Why does my boyfriend hit me?” Another threatened suicide in an email to an unrequited love.| Anna Nicolaou / Financial Times: |
Spotify says it paid $10B+ in royalties in 2024, “the largest in music history”, making up 60%+ of its $17.13B+ 2024 revenue, with ~1,500 artists earning $1M+ — Company has long drawn ire from musicians who say streaming model does not remunerate them enough| Jay Peters / The Verge: |
Google updates Chrome's extension rules to ban affiliate link injection without user action or benefit, after Honey allegedly stole creators' affiliate revenue — Honey was accused of shadily swapping out affiliate links, and now Google has new rules for extensions targeting exactly that.| Olga Kharif / Bloomberg: |
Binance says Abu Dhabi's MGX acquired a minority stake for $2B, the first institutional investment in the exchange and MGX's first entry into the crypto — Binance said Abu Dhabi's MGX has acquired a minority stake for $2 billion, the first institutional investment in the world's largest cryptocurrency exchange.| Jagmeet Singh / TechCrunch: |
India's largest telco Jio Platforms partners with SpaceX to offer Starlink in the country, just hours after rival Airtel announced a similar partnership — Jio Platforms, the subsidiary of India's conglomerate Reliance Industries and the country's largest telecom operator … | Sam Altman / @sama: |
| Nikkei Asia: |
Sakana CEO David Ha says its AI CUDA Engineer “cheated” to speed up training by 100x and “preliminary results” show it “will be closer to the 10% to 100% level” — TOKYO — Sakana AI's announcement that its recent artificial intelligence breakthrough … | Tom Warren / The Verge: |
Sources: an Xbox-branded Asus handheld may debut this year as part of Microsoft's effort to unify Windows and Xbox into a universal library of Xbox and PC games — Microsoft's next-gen Xbox platform is shaping up. — Microsoft Gaming CEO Phil Spencer warned in November … | Aisha Malik / TechCrunch: |
Snapchat introduces AI video Lenses, powered by Snap's in-house generative video model, available to subscribers of the $16/month Snapchat Platinum tier — Snapchat is introducing its first ever video generative AI Lenses, the company told TechCrunch exclusively.| Chihiro Ishikawa / Nikkei Asia: |
BeReal CEO Aymeric Roffe says Japan is now the photo sharing app's second-largest market with over 4.5M MAUs, 83% aged 14 to 27; BeReal has 40M users globally — TOKYO — BeReal is eager to expand in Japan's fast-growing and highly engaged market, said its CEO in an interview with Nikkei Asia.| Saritha Rai / Bloomberg: |
Bengaluru is becoming an AI talent hub as overseas startups compete with Big Tech; Bain & Co predicts India's AI talent gap will reach 1M workers by 2027 — The San Francisco-based startup plans to hire more than 300 people for its AI, product and engineering teams at its Bangalore development center … | Luz Ding / Bloomberg: |
Alibaba demos R1-Omni, an open-source model that its Tongyi Lab researchers say can read emotions, building on HumanOmni, in a bid to compete with OpenAI — In two demonstrations, Alibaba's Tongyi Lab researchers showed their new open source R1-Omni inferring the emotional state of a person … | Ott Tammik / Bloomberg: |
Estonian startups aim to turn its thriving tech sector into a military-industrial complex, including making autonomous drones, as Europe boosts defense spending — The Baltic country hopes to turn its thriving tech sector into a military-industrial complex, and tap into rising European defense spending.
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