Friday, February 28, 2025

Reports of Meta launching standalone Meta AI and Reels apps aren't surprising, as the company has a history of repeatedly bundling and unbundling its products (M.G. Siegler/Spyglass)

M.G. Siegler / Spyglass:
Reports of Meta launching standalone Meta AI and Reels apps aren't surprising, as the company has a history of repeatedly bundling and unbundling its products  —  “There are only two ways to make money in business: One is to bundle; the other is unbundle.”  While Jim Barksdale's famous quote …



Thailand says TikTok plans to spend $8.8B to build AI data centers across the country over the next five years, more than doubling its earlier target (Pathom Sangwongwanich/Bloomberg)

Pathom Sangwongwanich / Bloomberg:
Thailand says TikTok plans to spend $8.8B to build AI data centers across the country over the next five years, more than doubling its earlier target  —  - Social media platform to invest in data-hosting infrastructure  — Company recently won approval for $3.8 billion outlay



Consensys founder Joseph Lubin says the SEC has agreed "in principle" to end its securities enforcement case against Consensys' MetaMask, filed in June 2024 (Cheyenne Ligon/CoinDesk)

Cheyenne Ligon / CoinDesk:
Consensys founder Joseph Lubin says the SEC has agreed “in principle” to end its securities enforcement case against Consensys' MetaMask, filed in June 2024  —  The U.S. Securities and Exchange Commission (SEC) is dropping yet another case against an American crypto company …



How the NYC subway used Google's experimental, AI-based TrackInspect tool to identify 92% of defect locations on subway tracks later found by human inspectors (Aarian Marshall/Wired)

Aarian Marshall / Wired:
How the NYC subway used Google's experimental, AI-based TrackInspect tool to identify 92% of defect locations on subway tracks later found by human inspectors  —  New York City's transit authority is one of a few US systems experimenting with using sensors and AI to improve track inspections.



Docs: Israeli AI chip startup Hailo is pursuing an urgent IPO via a SPAC merger at a valuation of less than $500M; it was last valued at $1.2B in 2024 (Meir Orbach/CTech)

Meir Orbach / CTech : Docs: Israeli AI chip startup Hailo is pursuing an urgent IPO via a SPAC merger at a valuation of less than $500M; ...