Duolingo has bucked the post-pandemic blues in edtech, with its stock price up over 300% from its 2021 IPO price of $102, giving the company a ~$15B market cap — The language learning app sees big growth opportunities ahead — Education technology companies became sought after properties during …
Japanese chipmaker Kioxia's dramatic valuation drop from $18B in 2018 to $5.1B in its upcoming IPO is due to its high debt and lower AI exposure than rivals — Kioxia is going for a discount due to its high debt and lower AI exposure than rivals — Japan's last blockbuster initial public offering …
A look at opposing VC models of Benchmark, which maintains its traditional small-scale approach, and Andreessen Horowitz, which pursues aggressive expansion — Three decades ago, five men formed a venture capital firm on Sand Hill Road in Silicon Valley with a simple pitch: Small is beautiful.
Sources: Apple will begin producing AirPods in India for the first time around Q1, 2025; a Foxconn unit is already making AirPods on a trial basis in Hyderabad — - Partner Foxconn to begin making the product near Hyderabad — Apple is diversifying its manufacturing network beyond China
China plans to set up a committee of 41 members, including representatives from Baidu and Peking University, to set standards for LLMs and AI risk assessment — China's industry ministry will set up an artificial intelligence standardisation technical committee focusing on developing industry standards …
How US SMB owners, celebrities, and retailers on TikTok are using livestreaming to boost their sales one year after TikTok Shop's launch in the country — From noon until midnight, Aaliyah Arnold sold products from her beauty brand, BossUp Cosmetics, during a TikTok livestream filmed in Culver City last month.
The crypto industry's impact on the 2024 US elections shows that crypto is a perfect anti-establishment tech for the turbulence and distrust of the 2020s — An anti-establishment technology for an anti-establishment age — For years, crypto skeptics have asked, What is this for?
A deep dive into AI scaling laws, including an outline of the old pre-training trends as well as the new scaling trends for post-training and inference time — In our pursuit of becoming a better full service research firm, we've moved off Substack. For any questions please read https://ift.tt/hSPd71Q #substack
A look at the relationship between Tether and Trump transition co-Chair Howard Lutnick, who boasted of Cantor Fitzgerald handling $10B in redemptions in 2022 — Howard Lutnick has defended the stablecoin company which has been used by gangs and US adversaries
OpenAI rolls out Canvas, its side-by-side digital editing space, to all ChatGPT users and adds new features, including support for Python and more text pasting — OpenAI is extending access to its side-by-side digital editing space, Canvas, to all ChatGPT users and added new features …
TeamViewer says it plans to buy 1E, which makes automated remediation software, from Carlyle for $720M, closing in early 2025, its biggest ever acquisition — - German remote-working software firm's biggest ever acquisition — Transaction will help expand company's North America footprint
Microsoft unveils a new data center design that aims to use zero water, down from the 125M litres per year a typical center uses, rolling out since August 2024 — New design will use no water to cool the facilities' servers and chips. — Microsoft Corp., trying to mitigate the climate impact …
Filing: Japanese chipmaker Kioxia set its IPO price at ~$9.70, the middle of the range, raising ~$800M and valuing it at ~$5.2B, ahead of a December 18 listing — Bain Capital-backed chipmaker Kioxia's (285A.T) initial public offering has raised 120 billion yen ($800 million) …
A look at generative AI's impact, its structural issue of concentrated power among a few companies, and utopian questions over an alternative version of AI — Critiques of artificial intelligence abound. Where's the utopian vision for what it could be? — With responses from Brian Eno …
Sources: Apple is working with Sony to add support for PlayStation VR2 controllers in visionOS; Apple has sold fewer than 500K units of the Vision Pro — Apple and Sony have discussed forging a partnership that could change gaming on the Vision Pro. Also: Apple has a three-year road map …
Bloomberg : Sources: amid the Iran war, Asian bankers say rising power prices and energy security are becoming a bigger consideration in ...
