Financial Times:
Sources: SoftBank plans to put Arm's tech at the center of a new network of data centres to build and train AI, setting Arm on a collision course with Nvidia — Almost 20 years ago, Intel made a decision that changed the course of computing history. — Soon after Apple started putting Intel inside …
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Wednesday, October 30, 2024
Sources: SoftBank plans to put Arm's tech at the center of a new network of data centres to build and train AI, setting Arm on a collision course with Nvidia (Financial Times)
Tuesday, October 29, 2024
Sources: TSMC has suspended shipments of 7nm chips to at least two chip developers over suspicions they were trying to circumvent US export controls on Huawei (Cheng Ting-Fang/Nikkei Asia)
Cheng Ting-Fang / Nikkei Asia:
Sources: TSMC has suspended shipments of 7nm chips to at least two chip developers over suspicions they were trying to circumvent US export controls on Huawei — TAIPEI — Taiwan Semiconductor Manufacturing Co. has suspended shipments to at least two chip developers over suspicions …
Nigeria-based Moniepoint, which offers bank accounts, loans, and POS terminals, raised $110M led by DPI, sources say at a $1B+ valuation, after raising $55M (Aanu Adeoye/Financial Times)
Aanu Adeoye / Financial Times:
Nigeria-based Moniepoint, which offers bank accounts, loans, and POS terminals, raised $110M led by DPI, sources say at a $1B+ valuation, after raising $55M — Company raises $110mn from investors including Google despite slowdown in fundraising for African start-ups
Monday, October 28, 2024
How Jeff Bezos, who bought The Washington Post in 2013 and a DC mansion in 2016, never made a splash in the capital, visiting only on occasion for glitzy events (New York Times)
New York Times:
How Jeff Bezos, who bought The Washington Post in 2013 and a DC mansion in 2016, never made a splash in the capital, visiting only on occasion for glitzy events — The billionaire made splashy purchases of The Washington Post and a mansion in Washington. But his status as a power player in the nation's capital was never realized.
Hong Kong outlines an AI policy for finance and proposes an extension of a tax break on owning digital assets, as it seeks to become Asia's go-to financial hub (Bloomberg)
Bloomberg:
Hong Kong outlines an AI policy for finance and proposes an extension of a tax break on owning digital assets, as it seeks to become Asia's go-to financial hub — - Tax break law to be tabled by year-end: treasury secretary Hui — City was denied access by major AI tools like ChatGPT, Gemini
Sunday, October 27, 2024
Online influencers are earning thousands for a single post on behalf of groups backing Harris or Trump, with scant regulatory oversight or public transparency (Cat Zakrzewski/Washington Post)
Cat Zakrzewski / Washington Post:
Online influencers are earning thousands for a single post on behalf of groups backing Harris or Trump, with scant regulatory oversight or public transparency — On TikTok, Instagram and X, freelance creators profit from the murky practice of persuading their large followings to back Trump or Harris.
FTX agrees to drop its litigation against Bybit in a deal worth about $228M that will allow FTX to withdraw assets from Bybit's cryptocurrency exchange (Alex Wolf/Bloomberg Law)
Alex Wolf / Bloomberg Law:
FTX agrees to drop its litigation against Bybit in a deal worth about $228M that will allow FTX to withdraw assets from Bybit's cryptocurrency exchange — Search by Law Firm Search by Topic — FTX Trading Ltd. agreed to drop sprawling litigation against Bybit Fintech Ltd. and related entities …
A closer look at M4 Macs coming this week; sources: Apple's home smart display will have an iMac G3-like base and a square screen the size of about two iPhones (Mark Gurman/Bloomberg)
Mark Gurman / Bloomberg:
A closer look at M4 Macs coming this week; sources: Apple's home smart display will have an iMac G3-like base and a square screen the size of about two iPhones — Also: fresh details on the company's upcoming smart home device. — Apple kicks off a Mac overhaul this week that centers on new M4 chips.
How militaries around the world are using warfare simulation video games like Slitherine Software's Command: Professional Edition to run battle scenarios (Wall Street Journal)
Wall Street Journal:
How militaries around the world are using warfare simulation video games like Slitherine Software's Command: Professional Edition to run battle scenarios — Militaries worldwide run battle scenarios using one family-run British company's software, rooted in Tom Clancy novels. Watch a video simulation to see how.
Saturday, October 26, 2024
An interview with Humane co-founders Bethany Bongiorno and Imran Chaudhri on dealing with the reaction to the AI Pin, plans to license its CosmOS, and more (Om Malik/Crazy Stupid Tech)
Om Malik / Crazy Stupid Tech:
An interview with Humane co-founders Bethany Bongiorno and Imran Chaudhri on dealing with the reaction to the AI Pin, plans to license its CosmOS, and more — It's Saturday in South Park. Kids are squealing. A man shadowboxes behind me. Sitting across from me on a not-so-clean bench …
Alibaba agrees to a $443.5M settlement in a US shareholder lawsuit alleging that Alibaba hurt investors by making misstatements about its exclusivity practices (Connor Hart/Wall Street Journal)
Connor Hart / Wall Street Journal:
Alibaba agrees to a $443.5M settlement in a US shareholder lawsuit alleging that Alibaba hurt investors by making misstatements about its exclusivity practices — The e-commerce platform denied allegations that it made misstatements about its antitrust and exclusivity practices
Analysis: X is on track to fall well short of its goal of $100M in 2024 political ad revenue, raising just $15M to date, mainly from GOP and Trump campaigns (Financial Times)
Financial Times:
Analysis: X is on track to fall well short of its goal of $100M in 2024 political ad revenue, raising just $15M to date, mainly from GOP and Trump campaigns — Social media platform has raised a fraction of $100mn target and mainly from Trump and Republicans
The ramifications of a potential US crackdown against Tether, a noticeable player in the market for US debt, will extend beyond the digital asset industry (Bloomberg)
Bloomberg:
The ramifications of a potential US crackdown against Tether, a noticeable player in the market for US debt, will extend beyond the digital asset industry — Of all the legal actions taken against cryptocurrency companies by US regulators and prosecutors over the past year …
Friday, October 25, 2024
Q&A with Reddit CEO Steve Huffman on AI slop, the company's partnerships with Google and OpenAI, content moderation during an election year, and more (Wall Street Journal)
Wall Street Journal:
Q&A with Reddit CEO Steve Huffman on AI slop, the company's partnerships with Google and OpenAI, content moderation during an election year, and more — What makes Reddit a gold mine for AI models, he says, is all of the human-led content on its variety of forums
Sources: Meta strikes a multi-year deal with Reuters to use its news content to provide real-time answers to user queries in Meta AI chatbot, a first for Meta (Sara Fischer/Axios)
Sara Fischer / Axios:
Sources: Meta strikes a multi-year deal with Reuters to use its news content to provide real-time answers to user queries in Meta AI chatbot, a first for Meta — - Meta has backed away from news content in its platforms' main feeds amid regulatory scrutiny, but news content may prove harder …
Alibaba's DAMO Academy releases RynnBrain, an open-source foundation model to help robots perform real-world tasks like navigating rooms, trained on Qwen3-VL (Saritha Rai/Bloomberg)
Saritha Rai / Bloomberg : Alibaba's DAMO Academy releases RynnBrain, an open-source foundation model to help robots perform real-worl...
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Amrith Ramkumar / Wall Street Journal : An interview with White House OSTP Director Michael Kratsios, a Peter Thiel protégé confirmed by ...
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