Monday, June 24, 2024

Prosus, the largest external investor in Byju's with a 9.6% stake, says its stake in the Indian edtech giant is now worth zero; Prosus invested a total of $570M (Manish Singh/TechCrunch)

Manish Singh / TechCrunch:
Prosus, the largest external investor in Byju's with a 9.6% stake, says its stake in the Indian edtech giant is now worth zero; Prosus invested a total of $570M  —  One of Byju's largest investors, Prosus, on Monday said it believes its stake in the Indian edtech startup is now worth nothing …



Sources: Shein confidentially filed with UK's markets regulator in early June for a potential London IPO; it was valued at $66B in a 2023 fundraising round (Reuters)

Reuters:
Sources: Shein confidentially filed with UK's markets regulator in early June for a potential London IPO; it was valued at $66B in a 2023 fundraising round  —  Shein has confidentially filed papers with Britain's markets regulator in early June for a potential London listing, two sources said …



An interview with Open Source Initiative executive director Stefano Maffulli on what makes an AI open source, creating the Open Source AI Definition, and more (Paul Sawers/TechCrunch)

Paul Sawers / TechCrunch:
An interview with Open Source Initiative executive director Stefano Maffulli on what makes an AI open source, creating the Open Source AI Definition, and more  —  Meet the guy working to find “the definition”  —  The struggle between open source and proprietary software is well understood.



Sunday, June 23, 2024

Y Combinator and 140 AI startups sign a letter opposing California's AI safety bill, saying the bill could harm California's ability to retain its AI talent (Politico)

Politico:
Y Combinator and 140 AI startups sign a letter opposing California's AI safety bill, saying the bill could harm California's ability to retain its AI talent  —  THE BUZZ: FIRST IN PLAYBOOK: One of Silicon Valley's heaviest hitters is wading into the fight over California's AI regulations.



A look at Apple's plans for Vision headsets and AR glasses, M4 Macs, reasons for limiting Apple Intelligence to the latest iPhones and delaying it in the EU (Mark Gurman/Bloomberg)

Mark Gurman / Bloomberg:
A look at Apple's plans for Vision headsets and AR glasses, M4 Macs, reasons for limiting Apple Intelligence to the latest iPhones and delaying it in the EU  —  The Apple Vision Pro has gotten off to a slow start, spurring management to rethink its plans for the device.



Sources: Meta has held discussions with Apple to integrate its AI model into Apple Intelligence; Anthropic and Perplexity also discussed integrations with Apple (Wall Street Journal)

Wall Street Journal:
Sources: Meta has held discussions with Apple to integrate its AI model into Apple Intelligence; Anthropic and Perplexity also discussed integrations with Apple  —  The longtime rivals have held talks about potentially integrating Meta's generative AI model into Apple Intelligence



Sources: the US State Department ordered embassies to push back against foreign influence campaigns, as officials worry anti-US views are taking root worldwide (New York Times)

New York Times : Sources: the US State Department ordered embassies to push back against foreign influence campaigns, as officials worry ...