| Ivan Mehta / TechCrunch: |
OpenAI's new GPT-4o-powered image generator is now available to all users; Sam Altman last week mentioned a limit of three images per day for free-tier users — OpenAI's new image generator, powered by its GPT-4o model, is now available to all users, CEO Sam Altman said in a post on X … | The Information: |
OpenAI says ChatGPT has hit 20M paid subscribers, up from 15.5M at the end of 2024, suggesting the company is making at least $415M in monthly revenue — Before today's main column about the AI attention war between OpenAI and Google, there's OpenAI news from my colleague Natasha … | CNBC: |
Circle files for an IPO, with plans to list on the NYSE; Circle is reportedly seeking a valuation between $4B and $5B — Circle, the company behind the USDC stablecoin, has filed for an initial public offering and plans to list on the New York Stock Exchange.| John Hudson / Washington Post: |
Sources: WH national security adviser Michael Waltz and other National Security Council members have conducted government affairs over personal Gmail accounts — Trump's national security adviser is trying to manage his way out of a crisis. But new revelations about his team's operational security are piling up in the inbox.| Jake Kanter / Deadline: |
YouTube suspends two major fake movie trailer channels from its partner program, after a report on how the AI-heavy trailers generated millions in ad revenue — The Google-owned video-hosting giant has turned off ad revenue on Screen Culture and KH Studio trailers after a Deadline investigation chronicled … | Kurt Wagner / Bloomberg: |
Meta VP of AI Research Joelle Pineau says she plans to leave in May 2025 after nearly eight years; she has led the FAIR group since early 2023 — Joelle Pineau, the VP running Meta's FAIR group, to depart company in May — Meta Platforms Inc.'s head of artificial intelligence research plans … | Mark Gurman / Bloomberg: |
Sources: Meta is ramping up work on its first AR glasses with a display, which could be introduced as early as the end of 2025 and cost between $1K and $1,400 — The company intends to introduce its first glasses with a screen as early as the end of this year — a product it sees … | Kendra Barnett / Adweek: |
Google is bringing its immersive Rewarded Video ads to Roblox, letting users watch ads in exchange for in-game benefits like virtual currency or power-ups — Advertisers can buy Rewarded Video ads on Roblox via Google Ad Manager, the company announced Tuesday| Rocket Drew / The Information: |
Source: Agility Robotics, a maker of humanoid robots led by Peggy Johnson, is raising $400M at a $1.75B pre-money valuation; ~100 of its robots are in the field — Agility Robotics, a humanoid robot maker led by former Microsoft executive Peggy Johnson, is raising $400 million … | AnnaMaria Andriotis / Wall Street Journal: |
Sources: Visa has offered Apple ~$100M to become the network for the Apple Card; Amex is also competing, while Mastercard tries to keep its role as the network — Visa, Amex and Mastercard are all competing to be the network for Apple's credit card — Visa has offered Apple … | Financial Times: |
Sources: a16z is in talks to join the Oracle-led frontrunner bid for TikTok's US arm, after being approached along with Blackstone Group and others — Venture capital group could join last-gasp bid by allies of Donald Trump to take control of video app owned by ByteDance| Samantha Subin / CNBC: |
CoreWeave shares close up 41.8% at $52.57 in their third trading day, bouncing back above the $40 IPO price and bringing the company's market cap to ~$24.9B — CoreWeave's stock popped nearly 42% on Tuesday, bouncing back above its initial public offering price following a lackluster second trading day on the public markets.| Ufonobong Umanah / Bloomberg Law: |
A US judge rules Arkansas' Social Media Safety Act, which requires minors have parental permission before creating social media accounts, infringes on 1A rights — Arkansas' youth-focused Social Media Safety Act infringes on the First Amendment rights of internet users and is unconstitutionally vague … | Jess Weatherbed / The Verge: |
Google rolls out a new Gmail encryption model for enterprises in beta that doesn't require senders or recipients to use custom software or exchange certificates — The beta feature for enterprise accounts allows Gmail users to simply toggle encryption for external emails.| Wall Street Journal: |
Sources: in recent weeks, Meta executives including Mark Zuckerberg have pressed US trade officials to oppose an impending EU fine and cease-and-desist order — Facebook owner presses trade officials to push back against European law that could undermine its ad business| Kyle Wiggers / TechCrunch: |
Similarweb: Gemini's web app had 10.9M average daily visits in March, up 7.4% MoM; Sensor Tower: Claude and Gemini saw activity jump after flagship model debuts — OpenAI's ChatGPT may be the world's most popular chatbot app. But rival services are gaining, according to data from analytics firms Similarweb and Sensor Tower.| Aisha Malik / TechCrunch: |
TikTok is shutting down its Instagram competitor, TikTok Notes, on May 8, directing users to Lemon8, a similar ByteDance-owned app — TikTok is shutting down its Instagram competitor, TikTok Notes, on May 8. The photo-sharing app launched in testing in Canada, Australia, and Vietnam last year.| Jason Evangelho / Forbes: |
Mozilla says it's developing Thundermail, an email service similar to Gmail but with a focus on privacy, as part of an upcoming premium Thunderbird Pro suite — I cover the exciting intersection of Linux and handheld gaming. — SaveComment — In case you missed it … | Financial Times: |
Current and former Google DeepMind scientists say a tougher vetting process and more bureaucracy at the Google AI arm have made it harder to publish AI research — Google's AI arm led by Demis Hassabis makes it harder for its researchers to publish studies in major change in approach| Nicole Sperling / New York Times: |
In a new strategy, Amazon plans to release 14 to 16 movies per year in theaters, rivaling other major studios, with most running for 45 days before streaming — The streaming giant is planning to release at least 14 movies a year in theaters around the country, rivaling other major studios.| Financial Times: |
TTP: Apple's and Google's app stores host popular “private browsing” apps operated by Shanghai-listed Qihoo 360, sanctioned by the US in 2020 for military ties — New findings reveal free ‘private browsing’ apps popular with US users have ties to blacklisted Qihoo 360| Bloomberg: |
With the Switch 2, Nintendo must do what it has rarely done before: follow one hit console with another; Nintendo sold 150M+ Switch units since its 2017 launch — The Japanese gaming giant is about to release its latest console. The stakes have never been higher to end the boom-bust cycle that's plagued the company for years.| Yazhou Sun / Bloomberg: |
Sources: Finland-based IQM, which builds full-stack superconducting quantum computers, is in talks to raise more than €200M; it raised a €128M Series A2 in 2022 — IQM, a Finnish startup that builds quantum computers, is in talks to raise more than €200 million ($216 million) … | Yoolim Lee / Bloomberg: |
Samsung says TM Roh, who oversees mobile, will temporarily step into a broader role overseeing its consumer electronics, after the death of co-CEO Han Jong-Hee — Roh will fill the vacancy at the top of Samsung's Device Experience group until the company's board approves a formal successor to Han …
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