Techmeme
June 17, 2024, 3:05 AM
 

June 17, 2024

2:30 AM  •
Thomas Germain / BBC:  Copywriters detail how AI is changing their jobs, with some seeing a new line of work to make AI-generated text sound more human, a job that pays a lot less
1:50 AM  •
TechCrunch:  How Black founders are creating AI models like ChatBlackGPT and Latimer.ai that cater to Black and brown communities, as current AI models lack cultural nuance
12:55 AM  •
Financial Times:  Structure Research: tech companies' data center plans in India will push the nation from the sixth place to the top spot in Asia Pacific for self-built capacity

June 16, 2024

11:40 PM  •
Rohan Goswami / CNBC:  Sources: activist fund Starboard Value has taken a ~$500M stake in Autodesk and spoken to its board over concerns regarding a probe that led to its CFO's ouster
11:15 PM  •
Wall Street Journal:  Sources: Wells Fargo's credit card with fintech startup Bilt, rewarding rent payments and gaining 1M+ signups in 18 months, costs the bank up to $10M per month
10:40 PM  •
Devin Coldewey / TechCrunch:  With new logos for Siri and Apple Intelligence, Apple joins OpenAI and others in AI branding that is simple, abstract, non-threatening, and non-anthropomorphic
9:05 PM  •
Sheila Dang / Reuters:  Survey: 52% of US and 63% of UK respondents say they would be uneasy with news produced mostly using AI; 59% worry about false news content online, up 3% YoY
7:30 PM  •
Ari Saperstein / The Guardian:  How Apple added support for automatic transcript generation in the Podcast app, a feature highly requested by both disabled users and podcast creators
5:15 PM  •
Caroline Mimbs Nyce / The Atlantic:  Kids are interacting with AI in school and online, serving as testers for a new generation of tech, making them the ones to experience some of its worst effects
12:25 PM  •
Blake Brittain / Reuters:  A Texas federal jury orders Amazon to pay nearly $122M to adtech company AlmondNet for infringing on two patents related to personalized ad targeting
10:25 AM  •
Mark Gurman / Bloomberg:  A look at Apple's slow rollout of AI features, impressive visionOS 2 beta, plans for thinnest, lightest devices in tech, including a phone in the iPhone 17 line
9:45 AM  •
Brian Krebs / Krebs on Security:  Report: alleged ringleader of the Scattered Spider hacking group was arrested in Spain; sources: the accused is a 22-year-old Scottish man named Tyler Buchanan
6:05 AM  •
The Conversation:  Despite disinformation concerns during India's elections, political parties largely used AI, including deepfakes, constructively, primarily for voter outreach
2:00 AM  •
Connie Loizos / TechCrunch:  Q&A with FTC Chair Lina Khan about scrutinizing Big Tech's “innovations in potential lawbreaking” with AI deals, use of AI at FTC, startups, acquisitions, more

June 15, 2024

11:45 PM  •
Bloomberg:  DefiLlama: crypto startup funding has crossed $100B since 2014; The Block Research: Coinbase Ventures has made 443 investments or ~4% of all deals since 2017
9:00 PM  •
Chris Metinko / Crunchbase News:  A look at tech companies' investments in AI startups: Nvidia and NVentures completed a total of 32 deals in 2023, while Microsoft and M12 made 21 investments
6:30 PM  •
Caroline O'Donovan / Washington Post:  Leaked documents reveal life-threatening issues at Amazon's primary-care service One Medical, raising concerns about Amazon's frugal approach to health care
4:25 PM  •
Juli Clover / MacRumors:  Apple added a Vocal Shortcuts accessibility feature in iOS 18 that lets users give Siri a new wake word, such as “hello, computer”
3:20 PM  •
Ben Cohen / Wall Street Journal:  How Duolingo uses streaks and notifications to keep users coming back to the app; 70% of Duolingo's 30M+ DAUs have weeklong streaks and 5M have one-year streaks
1:50 PM  •
Rollo Romig / New York Times:  A profile of game publisher Devolver Digital, which gives indie studios immense creative freedom, doesn't take IP rights from them, and is turning 15 on June 25
12:05 PM  •
Andrew Williams / Wired:  Apple may not be bringing Apple Intelligence to iPhone 15, which has 6GB of RAM vs. iPhone 15 Pro's 8GB, due to RAM requirements for on-device AI processing
10:00 AM  •
Paresh Dave / Wired:  How the launch of AI search chatbots such as Bing Copilot is affecting advertisers, as they look for new ways to target users with relevant ads
6:40 AM  •
Andrew Leland / New York Magazine:  How disabled people use Apple Vision Pro for work, entertainment, and more, and interviews with some disabled Apple staff who built the accessibility features
2:35 AM  •
Keza MacDonald / The Guardian:  Indie games were the real stars of the Summer Game Fest 2024; the top 10 bestselling games of 2024 so far on Steam in terms of units sold are almost all indie

June 14, 2024

10:05 PM  •
Camomile Shumba / CoinDesk:  Nigeria drops tax evasion charges against Binance executives Tigran Gambaryan and Nadeem Anjarwalla, who still face money laundering charges
8:50 PM  •
Ankit Patel / NVIDIA Blog:  Nvidia announces Nemotron-4 340B, a family of models that developers can use to generate synthetic data for training LLMs for commercial applications
8:28 PM  •
The Information:  Source: Altman told investors that OpenAI could become a for-profit business not controlled by its nonprofit board; Microsoft execs favor a for-profit option
7:10 PM  •
Jake Bleiberg / Bloomberg:  US prosecutors charge two men with operating Empire Market, a dark web marketplace for illicit goods and services that did $430M+ in sales between 2018 and 2020
5:25 PM  •
Riley de León / CNBC:  Tempus AI's shares closed up 8.8% at $40.25 in the company's Nasdaq debut, giving it a market value of about $6.6B, after raising $410.7M in its IPO
4:20 PM  •
The Information:  Sources: Sakana AI, a Tokyo-based LLM developer founded last year by Google alumni, is raising ~$100M at a $1B valuation in a round led by NEA, Khosla, and Lux
3:05 PM  •
Reed Albergotti / Semafor:  Sources: Mustafa Suleyman's presence at Microsoft is causing some awkwardness with OpenAI, as he looks at the algorithms behind models like GPT-4
2:10 PM  •
Foo Yun Chee / Reuters:  Sources: the EU plans to charge Meta under the DMA, focusing on its pay or consent model where users pay a subscription for an ad-free Facebook and Instagram
1:30 PM  •
Bloomberg:  Gemini will return ~$50M of digital assets to investors who were locked out of their accounts when Gemini Earn collapsed, to settle a lawsuit by New York's AG
12:35 PM  •
Chris Welch / The Verge:  Sonos faces a backlash after removing a line from its US privacy policy that said Sonos “does not and will not sell personal information about our customers”
11:50 AM  •
Financial Times:  Sources: the EU has determined that Apple's anti-steering rules for developers do not comply with the DMA, and plans charges against Apple in the coming weeks
11:05 AM  •
Foo Yun Chee / Reuters:  Meta will pause the launch of Meta AI in EU after the Irish DPC asked it to delay training its LLMs using adult EU users' public Facebook and Instagram content
10:45 AM  •
Financial Times:  Sources: Shein tries to suppress its chair's claim that the retailer is American, amid fears it could annoy China, which needs to approve Shein's London IPO
9:05 AM  •
Steven T. Dennis / Bloomberg:  The crypto industry has amassed a $160M war chest to bolster pro-crypto US candidates, which may be pivotal in handing a Senate majority to the GOP in November
7:45 AM  •
Tabby Kinder / Financial Times:  Sources: Lightspeed wants to become a registered investment adviser, letting it use more than 20% of its funds, the cap for VC firms, to trade secondary markets
6:15 AM  •
Marina Temkin / TechCrunch:  Boulder, Colorado-based Enveda, which combines AI with ancient remedies for drug discovery, raised a $55M Series B extension from investors including Microsoft
2:25 AM  •
Ryan Smith / AnandTech:  A deep dive into the Snapdragon X Elite/Plus architecture, including Oryon, Qualcomm's custom ARM CPU cores, as the first laptops with the SoC ship next week

June 13, 2024

11:40 PM  •
Umar Shakir / The Verge:  Apple says it doesn't train its models on users' private data or user interactions, and instead relies on licensed materials and publicly available online data
11:30 PM  •
Nathan Lambert / Interconnects:  A look at Apple's technical approach to AI, including core model performance, alignment strategies, and adapter and on-device strategy
10:15 PM  •
Michael Nuñez / VentureBeat:  Luma debuts Dream Machine, an AI model that generates high-quality videos from text and images, and plans to release APIs and plugins for popular creative tools
9:55 PM  •
Sergiu Gatlan / BleepingComputer:  US hospital operator Ascension says a May ransomware attack was caused by an employee downloading a malicious file, and has no proof data was taken from its EHR
9:20 PM  •
Owen Walker / Financial Times:  A UK judge lays out how Greek payments company Viva Wallet should be valued, ending a legal battle between founder and CEO Haris Karonis and part-owner JPMorgan
8:55 PM  •
Kashmir Hill / New York Times:  Filing: Clearview AI proposes settling a class action lawsuit by collectively giving a 23% stake, worth ~$52M, to Americans whose faces are in its database
8:40 PM  •
Tom Warren / The Verge:  Microsoft delays Recall to test it with the Windows Insider Program and won't ship it with Copilot+ PCs next week, after saying it would make the feature opt-in
8:15 PM  •
Amy Or / Bloomberg:  Tempus, which uses AI to process medical data, raised $410.7M after pricing its IPO at $37 a share, the top of a marketed range, giving it a $6.1B market value
7:40 PM  •
Platformer:  Sources: Stanford Internet Observatory is winding down after five years and won't conduct research into any future elections; Stanford may retain SIO's branding
7:25 PM  •
Joseph Menn / Washington Post:  Brad Smith tells a US House committee that Microsoft “accepts responsibility” for the issues the CSRB found, its business in China serves US interests, and more
6:25 PM  •
Olga Kharif / Bloomberg:  Paradigm says it raised $850M for its third fund, which will focus on early-stage crypto projects; Paradigm launched a $2.5B crypto fund in November 2021
5:25 PM  •
Ina Fried / Axios:  OpenAI adds retired US Army General Paul Nakasone, who led the NSA and US Cyber Command, to its board of directors and its Safety and Security Committee
4:35 PM  •
Jordan Novet / CNBC:  Adobe Q2: revenue up 10% YoY to $5.31B, vs. $5.29B est., Digital Media revenue up 11% to $3.91B, and Digital Experience revenue up 9% to $1.33B; ADBE jumps 14%+
4:00 PM  •
Rolfe Winkler / Wall Street Journal:  US authorities arrest and charge the founder and the head doctor of telehealth startup Done Global for an alleged scheme to profit from Adderall prescriptions
3:20 PM  •
Will Knight / Wired:  Apple's WWDC demos of vertically integrating generative AI across many products show the value of seeing AI as a feature, rather than a standalone app or device
2:35 PM  •
Sergiu Gatlan / BleepingComputer:  Google releases patches for 50 security vulnerabilities impacting its Pixel devices, including a zero-day that has been exploited in targeted attacks
2:00 PM  •
Bloomberg:  Snowflake plans to close an internal probe into recent cyberattacks after not detecting any unauthorized access into customer accounts since early last week
1:20 PM  •
Anthony Capaccio / Bloomberg:  The Pentagon renews a contract with SpaceX to provide Starlink internet services in Ukraine until November 30 at a cost of $14.1M
12:10 PM  •
Jagmeet Singh / TechCrunch:  WhatsApp increases the limit for video call participants to 32 people, enhances screen sharing by adding audio support, and introduces a speaker spotlight tool
11:30 AM  •
MacKenzie Sigalos / CNBC:  Donald Trump met ~12 bitcoin mining executives, and posted that he wants “all the remaining Bitcoin to be made in the USA” to help the US be “energy dominant”
10:40 AM  •
Catherine Perloff / Adweek:  Oracle plans to shut down Oracle Advertising, after the ad business' revenue declined to ~$300M in the company's FY 2024, down from a reported $2B in FY 2022
9:40 AM  •
Aernout van de Velde / Wccftech:  After a major leak of unannounced games, Epic releases an update “so third-party tools can't surface any new unpublished product titles” from its Games Store
9:15 AM  •
Boone Ashworth / Wired:  Yahoo debuts a revamped version of its free Yahoo News app, powered by Artifact's AI tech, after acquiring the Instagram co-founders' news app in April 2024
8:45 AM  •
Victoria Song / The Verge:  Samsung unveils the $199+ Galaxy Watch FE in a single 40mm size with a 1.2" OLED display, Exynos W920 chip, NFC, GPS, and 16GB of storage, on sale from June 24
8:05 AM  •
Keith Bradsher / New York Times:  As Chinese companies test driverless cars, with government and public support, state media seldom reports crashes or incidents, and online posts are censored
7:45 AM  •
ProPublica:  Ex-employee Andrew Harris says Microsoft for years dismissed his warnings of an Active Directory flaw that led to the 2021 SolarWinds hack; Harris left in 2020
7:15 AM  •
Tom Warren / The Verge:  Sony rolls out an update to Discord on the PS5 that integrates the app into the console's dashboard and lets users join voice calls directly, starting in Asia
6:55 AM  •
Eliana Raszewski / Reuters:  Amazon and telecom Vrio plan to launch a satellite internet service in Argentina, Brazil, Chile, Uruguay, Peru, Ecuador, and Colombia, coming online in mid-2025
6:25 AM  •
Keith Bradsher / New York Times:  How China is testing more driverless cars than any other country, with 16+ cities letting 19+ companies test vehicles on public roads, aided by government help
6:05 AM  •
Ingrid Lunden / TechCrunch:  Dublin-based AccountsIQ, which offers AI-powered bookkeeping, raised €60M, after raising just €12.7M in its nearly 20 year history, and reports 1,000 clients
5:45 AM  •
Xinyi Luo / Bloomberg:  Ant Group spent a record ~$2.9B on research in 2023, as the Alibaba affiliate develops its BaiLing LLM; Ant and its affiliate MYbank served 87M+ SMBs as of 2023
4:30 AM  •
Sharon Goldman / Fortune:  Sources detail Amazon's struggles to build a new generative AI-powered Alexa, including privacy concerns keeping Alexa's teams from using Anthropic's Claude
4:00 AM  •
Mary Ann Azevedo / TechCrunch:  An interview with Brex co-founders Henrique Dubugras and Pedro Franceschi, who is now its sole CEO, on restructuring, being cash-flow positive by 2025, and more
2:30 AM  •
David Pierce / The Verge:  A look at the Microsoft Excel World Championship, the Financial Modeling World Cup's annual tournament where competitors solve Excel puzzles for monetary prizes
2:20 AM  •
Hirofumi Kanaoka / Nikkei Asia:  Japanese trade data: 50%+ of chipmaking equipment exports went to China for three straight quarters through Q1 2024, driven by demand for less advanced gear
2:05 AM  •
Financial Times:  OpenAI has expanded its global affairs team from three at the start of 2023 to 35 now, stationed strategically in locations where AI legislation is advanced
1:50 AM  •
Reuters:  Samsung cuts AI chip production time by ~20% after integrating memory chip, foundry, and chip packaging, and expects chip industry revenue to hit $778B by 2028
1:40 AM  •
Abner Li / 9to5Google:  Long-time Android Engineering VP Dave Burke steps down to explore “AI/bio” projects at Alphabet; sources say the Platforms & Devices team is undergoing a reorg
1:10 AM  •
Kylie Robison / The Verge:  Sources: at an all-hands, X CEO Linda Yaccarino urged staff to discuss xAI's Grok with advertisers and said little about the recently delayed promotions process
12:45 AM  •
Samuel K. Moore / IEEE Spectrum:  MLCommons shares MLPerf Training 4.0 benchmark results, after adding Google's and Intel's AI accelerators; a system with Nvidia H100 GPUs topped all nine tests

June 12, 2024

11:15 PM  •
Moneycontrol:  Sources: Indian rapid grocery delivery startup Zepto plans to raise ~$650M co-led by Nexus and StepStone at a $3.5B valuation, up from $1.4B in August 2023
10:25 PM  •
Jordan Novet / CNBC:  Databricks CFO Dave Conte tells investors the company's annualized revenue is set to grow 60%+ YoY to $2.4B through July 2024, or the first half of its FY 2025
10:15 PM  •
Wall Street Journal:  A look at Satya Nadella's AI efforts; a source says some future Microsoft AI products may switch from OpenAI's tech to the model Suleyman's team is developing
8:20 PM  •
Mark Gurman / Bloomberg:  Sources: Apple isn't paying OpenAI to add ChatGPT into its OSes and aims to eventually make money from AI by striking revenue-sharing deals with chatbot makers
7:20 PM  •
Kyodo News:  Japan passes a law that prohibits Apple and Google from preventing the sale of third-party apps and services that compete with native iOS and Android offerings
6:30 PM  •
Abner Li / 9to5Google:  Google says ChromeOS will soon be “developed on large portions of the Android stack,” including its Linux kernel and frameworks, to release AI features faster
5:30 PM  •
Reed Albergotti / Semafor:  AI search engine Perplexity says it was working on revenue-sharing deals with publishers when Forbes staff accused it of plagiarizing Forbes' White Stork scoop
5:25 PM  •
The Information:  Sources: OpenAI's annualized revenue hits $3.4B, up from ~$1B in summer 2023 and $1.6B in late 2023, with ~$3.2B from subscriptions to its chatbots and API fees
4:45 PM  •
Arsheeya Bajwa / Reuters:  Broadcom reports Q2 revenue up 43% YoY to $12.49B, vs. $12.01B est., raises its FY 2024 revenue forecast, and announces a 10:1 stock split; AVGO jumps 12%+
3:50 PM  •
Christine Hall / TechCrunch:  Canary Technologies, which offers tools for hotel guest management, raised a $50M Series C led by Insight Partners, bringing its total raised to nearly $100M
2:50 PM  •
Bloomberg:  Terraform Labs agrees to pay $4.47B to resolve an SEC lawsuit, after a jury in April 2024 found the company and Do Kwon liable for fraud following a civil trial
1:35 PM  •
Joseph Cox / 404 Media:  A hacker says they breached Tile internal tools, including one for processing data for cops, and stole customer data like phone numbers, addresses, and Tile IDs
11:50 AM  •
Sean Michael Kerner / VentureBeat:  Stability AI releases Stable Diffusion 3 Medium, intended to be a smaller yet capable model on consumer GPUs, with 2B parameters, compared to SD3 Large's 8B
10:35 AM  •
Pew Research Center:  A survey of 10,287 US adults on Facebook, Instagram, TikTok, and X: most see news content, but a minority says they are on the platform for news, except for X
10:20 AM  •
Kate Knibbs / Wired:  Q&A with Jingna Zhang, the founder of anti-AI social platform Cara, about its focus on artists, having nearly 900K users, generative AI vs. creativity, and more
10:05 AM  •
Brody Ford / Bloomberg:  Databricks launches AI/BI, a visualization tool to let users type questions about their data to build charts and graphs, competing with Microsoft and Salesforce
9:15 AM  •
Ivan Mehta / TechCrunch:  A list of apps that Apple “Sherlocked” at WWDC 2024, like 1Password and LastPass, call transcription apps like Truecaller, and custom emoji apps like Newji
7:55 AM  •
Andrew J. Hawkins / The Verge:  Waymo updates the software on its 672 vehicles, after one unoccupied car collided with a telephone pole in Phoenix on May 21, marking Waymo's second recall ever
7:30 AM  •
Ina Fried / Axios:  Former IBM, Xerox, and DARPA engineer Lynn Conway, who helped shape chip design and was fired from IBM for being transgender in 1968, died on June 9 at age 86
7:15 AM  •
Ben Schoon / 9to5Google:  YouTube plans to roll out its Thumbnail Test & Compare tool to all creators “in the coming weeks”, letting them test video thumbnails “evenly” across audiences
7:00 AM  •
Bailey Lipschultz / Bloomberg:  GameStop raised ~$2.14B from a share sale program capitalizing on a stock rally fueled by Keith Gill's YouTube return, selling 75M shares for ~$28.49 on average
6:45 AM  •
Andrew Cunningham / Ars Technica:  Apple developer documentation: macOS 15 Sequoia will let virtual machine users sign into iCloud and Apple ID-related services, which was previously not possible
6:30 AM  •
Diana Li / Bloomberg:  Filings: Michael Dell plans to sell 10M Dell shares worth $1.3B, after selling $1.6B in shares earlier in 2024; Dell sold $1.7B in 1999 before the bubble burst
6:15 AM  •
Haleluya Hadero / Associated Press:  Amazon plans to invest $1.4B to build or maintain 14K affordable houses near its offices, on top of its $2.2B housing investment from 2021 in WA, VA, and TN
5:55 AM  •
Arno Schuetze / Bloomberg:  German startup Black Semiconductor raised €254M, comprising €229M in public grants and €26M in equity, to build chips using graphene for mass production in 2031
5:45 AM  •
Joyce Lee / Reuters:  SK Telecom says South Korean AI chip developers Rebellions and Sapeon Korea are pursuing a merger, in a bid to boost chip share in the next two to three years
5:35 AM  •
Charles Gorrivan / Bloomberg:  Rubrik reports Q1 revenue up 38% YoY to $187.3M, above $171.5M est., and ARR up 46% YoY to $856.1M, in the cybersecurity company's inaugural post-IPO earnings
5:25 AM  •
Tobias Mann / The Register:  UAE Minister of AI and Digital Economy Omar Al Olama says fears of China using Middle Eastern countries as a proxy to overcome US AI chip sanctions are “valid”
4:40 AM  •
Reuters:  Four Indian retailer associations representing 90K grocery shops say monthly sales are dropping by 10% to 60% for some due to the rise of quick commerce apps
4:25 AM  •
Benjamin Hoffman / New York Times:  Some people are using “slop” to describe low-grade AI material in social media, art, books, and more; the term emerged in reaction to AI art generators in 2022

Sponsor Posts

Opal:
Introducing Tadpole: the tiny webcam for laptops  —  With a mirrorless Sony sensor, directional microphone, and tap-to-mute feature, the Tadpole works with both Mac and PC and is the perfect webcam to take with you everywhere.
Tribe AI:
Build AI products that matter  —  Tribe AI helps organizations rapidly deploy AI solutions that have real business impact.  We bring together world class AI talent and tooling to drive differentiated results.
Cache:
Holding too much in one or two stocks?  —  Cache helps protect your hard-earned wealth.  Swap your stocks for a diversified fund without a giant tax bill.  Once for the ultra-wealthy, now available for you.
Zoho:
Introducing Zoho Apptics: The all-in-one application analytics solution  —  Today's hyper-connected world runs on the internet, where mobile apps dominate the majority of screen time.
Prospect:
A running list of the best startups to join  —  We've analyzed thousands of startups using the same data VCs use and distilled our list down to the top 2%.  Discover and join the next Stripe, Airbnb, or Coinbase today.