Aaron Holmes / The Information:
Source: Microsoft has completed training a family of models, codenamed MAI, and is experimenting with swapping out OpenAI's models in Copilot for the MAI models — Mustafa Suleyman wasn't getting the answers he wanted. — Last fall, during a video call with senior leaders at OpenAI and Microsoft …
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Friday, March 7, 2025
Source: Microsoft has completed training a family of models, codenamed MAI, and is experimenting with swapping out OpenAI's models in Copilot for the MAI models (Aaron Holmes/The Information)
Investors are turning to "AI wrappers", startups that leverage existing LLMs by other developers to build tools for coders, clinicians, lawyers, and others (Kate Clark/Bloomberg)
Kate Clark / Bloomberg:
Investors are turning to “AI wrappers”, startups that leverage existing LLMs by other developers to build tools for coders, clinicians, lawyers, and others — Forget LLMs. Silicon Valley investors have a new favorite AI play. — Not long ago, Silicon Valley was dismissive of startups like Harvey.
Analysis: the $TRUMP memecoin generated $314M from token sales and $36M in fees within three weeks of launch, likely raising conflict of interest concerns (Financial Times)
Financial Times:
Analysis: the $TRUMP memecoin generated $314M from token sales and $36M in fees within three weeks of launch, likely raising conflict of interest concerns — Donald Trump's crypto project made at least $350mn from the launch of his memecoin, a windfall that is likely to fuel concerns over conflicts of interest arising from the token.
An in-depth look at TSMC's $165B US investment plans: three new Fab 21 phases, two new advanced packaging facilities, and an R&D center, all based in Phoenix (Anton Shilov/Tom's Hardware)
Anton Shilov / Tom's Hardware:
An in-depth look at TSMC's $165B US investment plans: three new Fab 21 phases, two new advanced packaging facilities, and an R&D center, all based in Phoenix — Timing, locations, and technologies not disclosed. — On Monday, TSMC announced plans to invest $100 billion in expanding its U.S. manufacturing capacity.
Thursday, March 6, 2025
JD reports Q4 revenue up 13% YoY to ~$48B, its fastest growth in three years and above est., net income up 100%+ to ~$1.4B, as Chinese consumer spending rises (Bloomberg)
Bloomberg:
JD reports Q4 revenue up 13% YoY to ~$48B, its fastest growth in three years and above est., net income up 100%+ to ~$1.4B, as Chinese consumer spending rises — - JD.com's shares climb sharply in US pre-market trading — Beijing is trying to shift the economy toward consumption
Kuo: Apple aims to release its first book-style foldable iPhone in late 2026, costing $2,000+ with a ~7.8" "crease-free" inner display and a 5.5" outer display (Eric Slivka/MacRumors)
Eric Slivka / MacRumors:
Kuo: Apple aims to release its first book-style foldable iPhone in late 2026, costing $2,000+ with a ~7.8" “crease-free” inner display and a 5.5" outer display — Apple's first foldable iPhone should arrive around the end of 2026 or early 2027 with a book-style design …
The US Treasury says Robinhood and BNY will work with the federal government to handle tax-sheltered "Trump Accounts" for children when they launch this summer (Stacy Cowley/New York Times)
Stacy Cowley / New York Times : The US Treasury says Robinhood and BNY will work with the federal government to handle tax-sheltered “Tru...
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The first project we remember working on together was drawing scenes from the picture books that our mom brought with her when she immigrate...
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Sohee Kim / Bloomberg : South Korean authorities are investigating a data leak at e-commerce giant Coupang that exposed ~33.7M accounts; ...