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Sources: OpenAI is in talks to raise $6.5B in equity financing at a $150B valuation and raise $5B in debt from banks in the form of a revolving credit facility (Bloomberg)

Sources: OpenAI is in talks to raise $6.5B in equi...

2 months ago 6 Add to circle

Google adds Audio Overview to NotebookLM, letting users turn documents into audio discussions with two AI hosts that summarize and explain the source material (Aisha Malik/TechCrunch)

Google adds Audio Overview to NotebookLM, letting ...

2 months ago 6 Add to circle

Bluesky rolls out the ability to post videos of up to 60 seconds with optional attached subtitles; each post can contain one video, and adult content is allowed (Sarah Perez/TechCrunch)

Bluesky rolls out the ability to post videos of up...

2 months ago 13 Add to circle

Adobe says generative AI features powered by its Firefly Video model will be available before the end of 2024 on the Premiere Pro beta app and on a free website (Maxwell Zeff/TechCrunch)

Adobe says generative AI features powered by its F...

2 months ago 13 Add to circle

Seoul-based Spoon Labs, which operates an audio streamer called Spoon and a short video app called Vigloo, raised ~$89.3M from PUBG publisher Krafton (Marie Dealessandri/GamesIndustry.biz)

Seoul-based Spoon Labs, which operates an audio st...

2 months ago 17 Add to circle

Google starts linking to The Internet Archive's Wayback Machine in Search, letting users view archived versions of pages as part of "About this page" feature (Ben Schoon/9to5Google)

Google starts linking to The Internet Archive's Wa...

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Qualifyze, which makes audit management and compliance software for pharmaceutical companies, raised a $54M Series B, bringing its total funding to $84M (Ingrid Lunden/TechCrunch)

Qualifyze, which makes audit management and compli...

2 months ago 10 Add to circle

On second day of the US DOJ's antitrust trial focused on ads, a former News Corp exec testified as a government witness, saying Google held publishers "hostage" (Lauren Feiner/The Verge)

On second day of the US DOJ's antitrust trial focu...

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Chainalysis: payments in Singapore using stablecoins reached a record high of almost $1B in Q2, led by transactions at merchant outlets (Suvashree Ghosh/Bloomberg)

Chainalysis: payments in Singapore using stablecoi...

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Mistral releases its first multimodal model, Pixtral 12B, available on GitHub and Hugging Face, and via API "soon" (Kyle Wiggers/TechCrunch)

Mistral releases its first multimodal model, Pixtr...

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Riot Platforms plans the world's largest bitcoin mine in Corsicana, a former Texas oil boom town, using a liquid immersion system, despite residents' protests (Joel Khalili/Wired)

Riot Platforms plans the world's largest bitcoin m...

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A surge in scams poses a serious image problem for Revolut, which faces more complaints than its large UK rivals about authorized push payment scams (Aisha S Gani/Bloomberg)

A surge in scams poses a serious image problem for...

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An analysis finds 40+ examples of Facebook removing emergency-related posts during 20+ US wildfires since June 2024; Facebook says it is investigating the issue (Brianna Sacks/Washington Post)

An analysis finds 40+ examples of Facebook removin...

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The former CEO of Everyday Robotics, Alphabet's AI robotics moonshot that was shut down in January 2023, reflects on its start and efforts to give AI a body (Hans Peter Brondmo/Wired)

The former CEO of Everyday Robotics, Alphabet's AI...

2 months ago 10 Add to circle

Sergey Brin says he works at Google "pretty much every day" and that recent AI algorithmic improvements are "outpacing the increased compute" put into models (Kyle Wiggers/TechCrunch)

Sergey Brin says he works at Google "pretty much e...

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CTIA: Americans used over 100T MB of wireless data in 2023, up 36% YoY, the largest single-year increase; the number of wireless connections rose 6% YoY to 558M (David Shepardson/Reuters)

CTIA: Americans used over 100T MB of wireless data...

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In a memo to commemorate Alibaba's 25th anniversary, Jack Ma said the competition will make the company stronger, urging trust "in the power of market forces" (Jiahui Huang/Wall Street Journal)

In a memo to commemorate Alibaba's 25th anniversar...

2 months ago 10 Add to circle

Facebook admits to scraping every Australian adult user's public data to train AI, with no opt-out option because it is not required to do so under privacy law (Jake Evans/ABC)

Facebook admits to scraping every Australian adult...

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A federal judge blocks Utah from enforcing the Minor Protection in Social Media Act, set to take effect on October 1, saying the law likely violates the 1A (Wendy Davis/MediaPost)

A federal judge blocks Utah from enforcing the Min...

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Taylor Swift says she's voting for Kamala Harris, noting that Donald Trump sharing an AI-generated image of her "endorsing" him prompted her to reveal her plans (Taylor Swift/Taylor Swift on Instagram)

Taylor Swift says she's voting for Kamala Harris, ...

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Matt Shumer, who was accused of fraud over HyperWrite's 70B-parameter AI model, says he "got ahead" of himself but doesn't explain why the model underperformed (Carl Franzen/VentureBeat)

Matt Shumer, who was accused of fraud over HyperWr...

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AWS plans to spend £8B in the UK to grow its cloud business, expecting to support up to 14,000 jobs and contribute £14B to the UK GDP between 2024 and 2028 (Joe Mayes/Bloomberg)

AWS plans to spend £8B in the UK to grow its...

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Maryland-based Forterra, which develops autonomous driving tech for military and commercial vehicles, raised a $75M Series B (Maria Deutscher/SiliconANGLE)

Maryland-based Forterra, which develops autonomous...

2 months ago 10 Add to circle

MariaDB, which went public via SPAC in late 2022, says it's been acquired by PE firm K1 and names a new CEO, after filing to delist its shares from the NYSE (Paul Sawers/TechCrunch)

MariaDB, which went public via SPAC in late 2022, ...

2 months ago 12 Add to circle

NYC-based Versana, a two-year-old platform that allows lenders to access data about $2.7T worth of loans, raised $26M from Barclays, Bank of America, and others (Jan-Henrik Foerster/Bloomberg)

NYC-based Versana, a two-year-old platform that al...

2 months ago 17 Add to circle

Google plans to buy carbon removal credits from direct air capture provider Holocene for $100 per ton, far below current prices, for delivery by the early 2030s (Justine Calma/The Verge)

Google plans to buy carbon removal credits from di...

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Sources describe how Stripe was forced to scramble after its payments partnership with Wells Fargo ended and Goldman Sachs decided against taking up the role (Michael Roddan/The Information)

Sources describe how Stripe was forced to scramble...

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The NYT tech guild of 600+ staffers, the largest US union of tech workers with bargaining rights, authorizes a strike after two years of talks with no contract (Sara Fischer/Axios)

The NYT tech guild of 600+ staffers, the largest U...

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Google starts rolling out a Google One "Lite" plan in India that offers 30GB storage for Rs. 59, or ~$0.70, per month (Ben Schoon/9to5Google)

Google starts rolling out a Google One "Lite" plan...

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School of Engineering faculty and staff receive awards in spring 2024

School of Engineering faculty and staff receive aw...

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Waymo: its cars in Phoenix and SF had 48% fewer crashes/mile than humans and 73% fewer injury-causing ones; humans rear-ended Waymos in 16 of the 23 worst ones (Timothy B Lee/Understanding AI)

Waymo: its cars in Phoenix and SF had 48% fewer cr...

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Paris-based Neat, which helps other companies sell insurance products to their own customers, raised a €50M Series A, with ~60% in equity and the rest in debt (Romain Dillet/TechCrunch)

Paris-based Neat, which helps other companies sell...

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Microsoft says it has demonstrated, with Quantinuum, logical operations with the largest number of error-corrected qubits yet, and partners with Atom Computing (John Timmer/Ars Technica)

Microsoft says it has demonstrated, with Quantinuu...

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A total of 42 state and territory AGs call on Congress to pass legislation requiring warning labels on social networks that warn of social media's risks to kids (Emma Roth/The Verge)

A total of 42 state and territory AGs call on Cong...

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Sony announces the PS5 Pro with more advanced internals for 45% faster game rendering but doesn't come with a disc drive, available November 7 for $700 (Scott Stein/CNET)

Sony announces the PS5 Pro with more advanced inte...

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Election officials across the US say false election rumors spread by Elon Musk to his 197M+ followers often coincide with calls by locals to purge voter rolls (Washington Post)

Election officials across the US say false electio...

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Sources: OpenAI aims to release its reasoning-focused Strawberry AI within two weeks as a model users can pick in ChatGPT; it will lack multimodal capabilities (The Information)

Sources: OpenAI aims to release its reasoning-focu...

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Glean, which uses AI to offer unified search across apps used at a company, raised $260M+ at a $4.6B valuation, after raising $200M at a $2.2B valuation in Feb. (Amy Thomson/Bloomberg)

Glean, which uses AI to offer unified search acros...

2 months ago 6 Add to circle

Israel-based Quantum Source, which is developing photonic quantum computers, raised a $50M Series A led by Eclipse, bringing its total funding to $77M (Meytal Vaizberg/Globes Online)

Israel-based Quantum Source, which is developing p...

2 months ago 6 Add to circle

Smartcat, which provides AI-powered translation tools for businesses, raised a $43M Series C led by Left Lane Capital, bringing its total funding to $70M (Kyle Wiggers/TechCrunch)

Smartcat, which provides AI-powered translation to...

2 months ago 12 Add to circle

South Korean police arrest two former Samsung officials on suspicion of stealing tech worth $3.2B+ to build a chipmaking plant in China (Yoolim Lee/Bloomberg)

South Korean police arrest two former Samsung offi...

2 months ago 15 Add to circle

Oracle shares are up 34% since January, well outpacing the Nasdaq's 14% rise, as it becomes an attractive cloud-computing provider for AI developers (Tom Dotan/Wall Street Journal)

Oracle shares are up 34% since January, well outpa...

2 months ago 11 Add to circle

Alibaba's stock rises 5%+ after being made directly accessible to mainland China investors for the first time, following an upgrade to Hong Kong primary listing (Financial Times)

Alibaba's stock rises 5%+ after being made directl...

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How VC John Hering bet his career, time, and money on Elon Musk's businesses, including investing $4B+, more than half of his firm Vy Capital's reported assets (Wall Street Journal)

How VC John Hering bet his career, time, and money...

2 months ago 13 Add to circle

Huawei unveils Mate XT trifold smartphone with a 10.2-inch screen when unfolded, available in China on September 20 for $2,800+ (Evelyn Cheng/CNBC)

Huawei unveils Mate XT trifold smartphone with a 1...

2 months ago 16 Add to circle

Google loses its bid to reverse a €2.4B EU fine for abusing its monopoly power to crush rival shopping services, as EU's Court of Justice backs a 2017 decision (Samuel Stolton/Bloomberg)

Google loses its bid to reverse a €2.4B EU fi...

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The European Court of Justice rules against Apple over a record €13B Irish tax bill, backing a landmark decision from 2016 (Arjun Kharpal/CNBC)

The European Court of Justice rules against Apple ...

2 months ago 9 Add to circle

An excerpt from the book Character Limit on Musk's acquisition of Twitter and how his inner circle employed hardball tactics in a touch-and-go transaction (Vanity Fair)

An excerpt from the book Character Limit on Musk's...

2 months ago 10 Add to circle

Q&A with Mike Krieger on his new role as chief product officer at Anthropic, co-founding and selling news app Artifact, copyright issues, AI safety, and more (Nilay Patel/The Verge)

Q&A with Mike Krieger on his new role as chief pro...

2 months ago 10 Add to circle

MIT graduate programs empower the next generation of naval leaders

MIT graduate programs empower the next generation ...

2 months ago 1 Add to circle