| Washington Post: |
Grokipedia, a Grok-based encyclopedia, launches with 885K+ articles, drawing from Wikipedia content; Elon Musk called it “a massive improvement” over Wikipedia — The right-leaning tech magnate is touting his own online encyclopedia as an unbiased alternative, but it went down after about an hour.| Jay Peters / The Verge: |
| Bloomberg: |
Amazon says it will cut ~14,000 jobs from its corporate workforce, after cutting 27,000 across 2022 and 2023; the company had 1.55M employees globally in June — Amazon.com Inc. plans to eliminate roughly 14,000 corporate jobs just months after Chief Executive Officer Andy Jassy warned that AI will shrink the company's workforce.| Asa Fitch / Wall Street Journal: |
A look at Anthropic's success in corporate AI, which makes up ~80% of its revenue; a July report put its enterprise API market share at 32%, above OpenAI's 25% — Anthropic, backed by Amazon and Google, is focusing on corporate customers rather than the mass market| Webb Wright / ZDNET: |
| Jonathan Stempel / Reuters: |
A US judge decertifies a class action that accused Apple of monopolizing the market for iPhone apps, citing errors in the plaintiffs' damages model — - Judge reverses February 2024 class certification — Apple monopolization said to result in higher prices — Disappointed plaintiffs to review next steps, lawyer says| OpenAI: |
OpenAI estimates ~0.07% of ChatGPT's weekly active users “indicate possible signs of mental health emergencies” like mania, and details its safety improvements — We worked with more than 170 mental health experts to help ChatGPT more reliably recognize signs of distress … | Faseeh Mangi / Bloomberg: |
Stablecoin startup ZAR raised $12.9M led by a16z to test USD-backed coins for Pakistan, which the World Bank estimates has the third-largest unbanked population — Andreessen Horowitz is leading funding for a year-old startup that seeks to popularize the use of stablecoins through neighborhood stores … | Emma Roth / The Verge: |
After AWS's major outage, Signal's Meredith Whittaker says there “isn't really another choice” but to use AWS and “the entire stack” is “owned by 3-4 players” — Meredith Whittaker is using the AWS outage as an opportunity to highlight the 'concentration … | Vallari Srivastava / Reuters: |
NextEra Energy and Google sign a 25-year power supply deal, which includes restarting the 615MW Duane Arnold nuclear plant in Iowa, shut down in 2020 — U.S. utility NextEra Energy (NEE.N) and Alphabet's (GOOGL.O) Google have singed a power supply deal, which would help restart the Duane Arnold nuclear plant in Iowa.| Belle Lin / Wall Street Journal: |
Fireworks AI, which helps developers access AI chips and models, raised a $254M Series C at a $4B valuation, split into a $230M primary and $24M secondary round — The company raises $254 million to further develop its artificial intelligence cloud infrastructure, its CEO says| Vallari Srivastava / Reuters: |
Chegg plans to cut 388 roles, or about 45% of its workforce, citing the “new realities of AI”, and says Executive Chairman Dan Rosensweig is returning as CEO — Educational technology company Chegg (CHGG.N) said on Monday it would cut 388 roles globally, or about 45% of the workforce … | Hugh Son / CNBC: |
PayPal CEO Alex Chriss says the company signed a deal with OpenAI to let shoppers use PayPal's digital wallet in ChatGPT to pay for items, starting in 2026 — PayPal has signed a deal with OpenAI to have its digital wallet embedded into ChatGPT so users can pay for items found through … | Bloomberg: |
Sources: Uber plans to invest in the Hong Kong listings of Pony AI and WeRide, deepening its Chinese robotaxi ties, including ~$100M in Pony AI's share sale — Uber Technologies Inc. is planning to invest in the Hong Kong listings of Pony AI Inc. and WeRide Inc., according to people familiar … | Financial Times: |
Visible Alpha: Apple's Services unit revenue is set to hit $108.6B in the year to September, its first time above $100B and up 13% YoY, ahead of its Q4 results — Tech giant's high-margin unit has doubled in size over the past five years — Apple is set to top $100bn in annual revenues … | Jagmeet Singh / TechCrunch: |
OpenAI offers its cheaper ChatGPT Go plan for free for one year to users in India starting November 4, but did not say how long the offer would remain available — OpenAI is offering its ChatGPT Go plan available free of charge for one year to users in India who sign up during … | Juby Babu / Reuters: |
NXP reports Q3 revenue down 2% YoY to $3.17B, vs. $3.16B est., automotive revenue flat YoY to $1.83B, and expects above estimates Q4 revenue of $3.20B to $3.40B — NXP Semiconductors NV (NXPI.O) forecast fourth-quarter revenue above Wall Street estimates on Monday, as it recovers … | Toby Sterling / Reuters: |
Sources: the Netherlands took control of Nexperia over fears its ex-CEO Zhang Xuezheng was dismantling its European operations and moving production to China — The Netherlands' decision to take control of chipmaker Nexperia in September was due to fears the company's former CEO … | Agence France-Presse: |
Meta and TikTok say they will comply with Australia's under-16 social media ban, taking effect on December 10, but warn the landmark law may be hard to enforce — Tech giants Meta and TikTok said Tuesday they will obey Australia's under-16 social media ban but warned the landmark laws could prove difficult to enforce.| Reuters: |
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| Annie Palmer / CNBC: |
| Jez Corden / Windows Central: |
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| Marcus Mendes / 9to5Mac: |
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