| Valentine Baldassari / Bloomberg: |
Elon Musk says he needs to be “super focused on X/xAI and Tesla”, saying major operational improvements need to be made “as evidenced by the X uptime issues” — Billionaire Elon Musk said he needs to be “super focused” on his companies, pointing to issues at X … | Wes Davis / The Verge: |
X experienced a significant outage globally on Saturday morning, after a fire reportedly broke out in an Oregon data center owned by X on Thursday — Feeds aren't loading on X following a reported data center fire earlier in the week. … X is back up for most users after what appeared … | Financial Times: |
Sources: Builder.ai collapsed after it revised its 2024 revenue estimate from $220M to ~$55M and restated its previously reported 2023 sales from $180M to ~$45M — Failed UK start-up revised down revenues to just a quarter of prior estimates — Microsoft-backed Builder.ai collapsed … | Allison Johnson / The Verge: |
Despite Google's guardrails, Veo 3 users are generating realistic clips of news, disasters, and fictional events, some with dialogue not included in the prompt — Cursed AI-generated videos come with very convincing audio now. … Even at first glance, there's something off about the body on the street.| Abram Brown / The Information: |
A look at The Technology Brothers Podcast Network, a daily tech news talk show that has captured the attention of Silicon Valley's investors and founders — In recent months, John Coogan and Jordi Hays, co-hosts of “TBPN,” a daily tech news talk show that has captured the attention … | Reuters: |
Sources: Nvidia plans to launch a new AI chip priced between $6,500 and $8,000, well below the $10,000-$12,000 the H20 sold for, after US export curbs — Nvidia (NVDA.O) will launch a new artificial intelligence chipset for China at a significantly lower price than its recently restricted H20 model … | Rest of World: |
The Shein India app, launched by Mukesh Ambani's Reliance Retail in partnership with Shein, has struggled to gain traction after launching in February — Early data shows the partnership is off to a slow start, as Reliance's retail machine struggles to cement its place in a market dominated by Amazon and Walmart.| Phoebe Liu / Forbes: |
Metaverse startup Infinite Reality, which claims a $15B+ valuation, told shareholders it is rebranding as Napster, an “AI-powered digital experiences” provider — Florida-based metaverse startup Infinite Reality, which claimed to have raised one of this year's largest funding rounds … | Keith Broni / Emojipedia: |
Japanese carrier Docomo is discontinuing its emoji set, which was last updated in 2013 and became one of the most influential in history after its debut in 1999 — This week, it was announced that Docomo's emoji designs will no longer appear on any of the Japanese mobile network's devices.| Daniel Kuhn / The Block: |
Polygon cofounder Mihailo Bjelic steps down from the project's development studio, Polygon Labs, and from the foundation board, marking the third founder exit — - Mihailo Bjelic is stepping back from his active role developing Polygon and from the foundation's board, according to an announcement on Friday.| Dan Gallagher / Wall Street Journal: |
A look at the rise of “sovereign AI”, wherein countries invest directly in chip companies like Nvidia and AMD, making AI chips a highly politicized business — As Nvidia and others strike deals with sovereign nations, their business will become politicized as never before| Ryan Barwick / Axios: |
Utah-based Awardco, which makes HR software that helps AT&T, Adobe, and other clients manage employee rewards, raised a $165M Series B at an over $1B valuation — Awardco announced Tuesday it has raised a $165 million Series B, valuing the employee rewards platform at more than $1 billion.| Reuters: |
| Jesse Pound / CNBC: |
Trump says a 25%+ tariff “must be paid by Apple” on iPhones not made in the US, and he told Tim Cook long ago that iPhones sold in the US must be made in the US — President Donald Trump said in a social media post Friday that Apple will have to pay a tariff of 25% or more for iPhones made outside the United States.| Bloomberg: |
| Wall Street Journal: |
Trump hosted a gala dinner for top buyers of $TRUMP, including Justin Sun, and said he was fulfilling his promise to make the US the world's “crypto capital” — The president hosted the biggest investors in his memecoin at his golf club outside Washington
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