xAI raised a $6B Series B from Valor, Vy Capital, a16z, Sequoia, Saudi Arabia's Kingdom Holding, and others, Elon Musk says at an $18B pre-money valuation
xAI is pleased to announce our series B funding round of $6 billion. — xAI is pleased to announce...
Defunct bitcoin exchange Mt. Gox, which collapsed in 2014, moves 140K+ bitcoin, worth ~$9B, to an unknown address, likely as part of a plan to repay creditors
Nearly 107,000 bitcoin have been moved since early Asian hours on Tuesday, with bitcoin shedding 1.2% on expectations of selling pressure.
OpenAI creates a Safety and Security Committee to explore AI risks and begins training its new flagship AI model, which won't arrive for at least nine months
The advanced A.I. system would succeed GPT-4, which powers ChatGPT. The company has also created a new safety committee to address A.I.'s risks.
Hacking group RansomHub claims to be behind the cyberattack that hit Christie's and threatens to release sensitive information about the auction house's clients
The hacking group RansomHub is threatening to release “sensitive personal information” about the auction house's clients.
A closer look at Apple's AI strategy: Project Greymatter, local and cloud LLM data processing, Siri, sealing a chatbot partnership deal with OpenAI, and more
Though Apple's first set of modern AI features won't be as impressive as rival offerings, the company is betting that its massive customer base can give it an edge.
Chinese government data: foreign-branded smartphone shipments, most of which are iPhones, rose 52% YoY to ~3.5M in April, after stabilizing in March 2024
- Official data for April showed Chinese mobile demand returning — The iPhone's bad start to the year prompted retail price cuts
Elon Musk says all of the $6B in xAI's Series B is new money, rather than shares “given” to investors in his Twitter takeover; some investors also backed OpenAI
T-Mobile plans to acquire most of UScellular, including stores, some of the wireless operator's spectrum, and its customers, in a $4.4B deal, including $2B debt
Shares of U.S. Cellular popped nearly 6% Tuesday after T-Mobile announced that it plans to acquire most of the company …
A look at “prebunking”, or exposing people to low doses of misinformation with explanations to grow “mental antibodies” to disinformation, ahead of US elections
Election officials around the world are adopting “prebunking” campaigns, as AI and other threats jeopardize voting.
Google unveils new AI features for Chromebook Plus devices, including Gemini, and says new Chromebook Plus owners will get a free year of Google One AI Premium
Google announced new AI-powered features today for its Chromebook Plus line of devices, such as a writing assistant …
Q&A with Netflix's Ted Sarandos on the state of Hollywood, shifting US tastes, programming strategy, ads, corporate activism, YouTube, live events, AI, and more
Lulu Garcia-Navarro / New York Times :
China set up a new ~$47.5B state-backed investment fund on May 24 as the third and largest phase of its Big Fund to boost the country's semiconductor industry
A US appeals court sets a fast-track schedule to consider legal challenges to the US law requiring a TikTok ban or sale, with oral arguments in September 2024
A U.S. appeals court on Tuesday set a fast-track schedule to consider the legal challenges to a new law requiring China-based ByteDance …
PayPal plans to build an ad sales business around data generated from users and tracking purchases, and hires ex-Uber ad boss Mark Grether as PayPal Ads SVP
Payments company hires Uber's former head of advertising to run a new ad division — PayPal hopes to boost its growth by starting …
A look at the growing importance of ads for video streaming services, as Antenna says that 56% of new subscribers chose the cheaper ad-supported tier in Q1 2024
Great piece from the The New York Times. — #streamiing — #ott … Christian Grece : From the NYT: — Netflix rose to streaming dominance in part by luring customers to an ad-free experience. Amazo...
How AI demand is driving a rally in old school stocks in the utilities, energy, and materials sectors, which are needed to make and operate AI products
Old-school stocks in the utilities, energy and materials sectors are outpacing the wider market — Demand for artificial intelligence … Mastodon: @danyork@mastodon.social . X: @socialaskan and @robgr...
Meta adds safety features to CrowdTangle for use during the EU elections, in a bid to address EU concerns over Meta's plan to shut down the tool in August 2024
CrowdTangle (a platform transparency tool for Facebook) has been re-enabled through 2024 elections in EU member states. @mozilla & @brandonsilverm led a letter calling for this in March, after FB trie...
How pro-Russian groups exploit Telegram, which has 41M MAUs in the EU, below the DSA's 45M threshold, to spread disinformation on Ukraine, immigration, and more
Bloomberg :
Private equity firm Bridgepoint buys a majority stake in LumApps, used by ~700 organizations to build and provision comms and workforce apps, in a $650M deal
Big news today for LumApps, the French startup that describes itself as an “intranet superapp” with a platform for building …
Dating apps try to woo Gen Z women by boosting moderation tools and more; Tinder has consistently lost MAUs since 2021 and paid users fell under 10M in Q1 2024
Stephanie Stacey / Financial Times :
Researchers find that GPT-4 can outperform human analysts in predicting the direction of future corporate earnings even when given only financial statements
Data.ai: of the top 20 education apps in the US App Store, five are AI agents that help with school assignments, the two most popular of which are Chinese-owned
Evan, a high school sophomore from Houston, was stuck on a calculus problem. …
An analysis of responses by ChatGPT, Claude, Copilot, Gemini, and Perplexity to some real-life questions and everyday tasks; Perplexity ranked first overall
Dealroom: in 2023, the combined enterprise value of Spanish startups surpassed €100B, and they raised €2.2B across 850+ funding rounds
Anna Heim / TechCrunch :
Abu Dhabi-based edtech startup Alef Education, which serves kindergarten to 12th grade, aims to raise up to $515M in an IPO, Abu Dhabi's first IPO of 2024
Julia Fioretti / Bloomberg :
A look at the UK's $5.5B gaming industry, as private equity firm EQT makes a £2.2B offer for Keyword Studios and other developers shore up their balance sheets
Shopify: Revolutionizing Commerce with Winter Edition '26
Over 150+ new features transform how merchants build, design, and grow—with technology that amplifies creative vision.
Email fatigue is real: Here's how smart email tools help you regain control
Picture this: It's Monday morning. You walk into the office feeling energized and ready to take on the week.
Protecting your Cloud Applications Data
Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.