Google's lawyers wrapped up their defense of the company in the US DOJ ad tech antitrust trial last week; a judge's ruling is expected in the coming months — The tech giant, which wrapped up its arguments in the federal monopoly trial, simply says it has the best product.
California passes a law that includes “neural data” under personal sensitive information, aiming to protect people's brain data from being misused by companies — The state extended its current personal privacy law to include the neural data increasingly coveted by technology companies.
Sources: Apple considers options for its headsets, including moving compute to iPhone, and is working on homeOS; new Masimo CEO could enable a deal with Apple — Meta's latest AR glasses and cheaper mixed-reality headset add pressure on Apple to make its Vision push work.
A look at challenges to OpenAI becoming a for-profit company, including the complexity of splitting assets with the nonprofit arm, which will continue to exist — Converting from a nonprofit happens rarely, especially for organizations this wealthy. OpenAI has two years to do so.
NYU professor Aswath Damodaran on an AI bot that is trained on his equity valuation work that is in the public domain, why AI will empower generalists, and more — Whether the risks to jobs is real or not, it behoves us all to act like it is given how consequential the costs could be
Sources: TSMC's execs took to calling Sam Altman a “podcasting bro” after he said it would take $7T and many years to build 36 chip plants to fulfill his vision — Sam Altman, OpenAI's chief executive, is talking to the United Arab Emirates, Asian chipmakers and U.S. officials …
Sources: OpenAI expects its revenue to grow to $11.6B in 2025; ChatGPT has 10M paying users and could bring in $2.7B in revenue in 2024, up from $700M in 2023 — Thrive Capital is investing more than $1 billion of OpenAI's current $6.5 billion fundraising round, and it has a sweetener …
SEMI: China is projected to invest $100B+ on chipmaking equipment from 2025 to 2027, followed by South Korea at $81B, Taiwan at $75B, and the Americas at $63B — Semiconductor manufacturers will spend a record $400 billion on computer chip-making equipment in 2025-2027 …
Chinese state media has embraced the success of Black Myth: Wukong, a Chinese AAA game that has sold 20M+ copies globally, hailing it as a soft power export — China is changing its long-critical stance thanks to the smash hit, according to Chinese game developers and industry analysts.
The UK CMA rules that Amazon's $4B Anthropic deal does not qualify for an investigation under merger laws as Anthropic's UK revenue did not meet needed limits — The Competition and Markets Authority said Friday that the tie-up did not qualify for an investigation under merger laws.
DefiLlama: Coinbase's L2 Ethereum network Base stands at $2.08B in total value locked, up from $430M at the start of 2024, marking a 370% growth year-to-date — - Base has surpassed a total value locked of $2 billion for the first time — a 370% increase year-to-date.
Current and former staff say OpenAI has rushed product announcements and safety testing, lost its lead over rivals, and Altman is detached from the day-to-day — Executives and researchers have left this year amid disputes over the company's values and fights among its leaders
Stripe data: AI startups took a median 11 months to hit $1M in annualized revenue after their first sales, vs. 15 months for previous gen of SaaS companies — New data from payments group Stripe suggest artificial intelligence groups are making revenues at an unprecedented rate
An interview with Rabbit founder Jesse Lyu on the Rabbit R1 on criticism of the AI device, bad reviews, and more; Lyu says ~5,000 people now use the R1 daily — In a frank conversation at the Fast Company Innovation Festival, Ammunition's Robert Brunner and Rabbit's Jesse Lyu unpacked AI hardware's slow start.
NOYB files a privacy complaint against Mozilla with the Austrian data protection authority, accusing the Firefox maker of tracking users without consent — Vienna-based advocacy group NOYB on Wednesday said it has filed a complaint with the Austrian data protection authority against Mozilla accusing …
Sherry Qin / Wall Street Journal : Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903...
