Sunday, September 29, 2024

California passes a law that includes "neural data" under personal sensitive information, aiming to protect people's brain data from being misused by companies (Jonathan Moens/New York Times)

Jonathan Moens / New York Times:
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 (Mark Gurman/Bloomberg)

Mark Gurman / Bloomberg:
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 (Wall Street Journal)

Wall Street Journal:
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 (Aswath Damodaran/Financial Times)

Aswath Damodaran / Financial Times:
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



Saturday, September 28, 2024

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 (New York Times)

New York Times:
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 (Reuters)

Reuters:
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 (Toby Sterling/Reuters)

Toby Sterling / Reuters:
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 (Lizzi C. Lee/Rest of World)

Lizzi C. Lee / Rest of World:
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.



Filing: Samsung plans to buy back about $7.2B of its own stock in stages over the next year, in one of the larger shareholder return programs in its history (Bloomberg)

Bloomberg : Filing: Samsung plans to buy back about $7.2B of its own stock in stages over the next year, in one of the larger shareholder...