Source: Apple is no longer in talks to participate in an OpenAI funding round that is expected to raise as much as $6.5B
Company behind ChatGPT is aiming to raise around $6.5 billion in funding set to close next week — Apple is no longer in talks to participate in an OpenAI funding round expected …
Docs: OpenAI had $300M in monthly revenue in August, up 1,700% since early 2023, 350M MAUs in June, and expects ~$3.7B in annual sales but $5B in losses in 2024
As the company looks for more outside investors, documents reviewed by The New York Times show consumer fascination with ChatGPT and a serious need for more cash.
YouTube blocks songs by Adele, Bob Dylan, Green Day, and others in the US, after its music licensing agreement with performing rights organization SESAC expired
Songs by Adele, Bob Dylan, Green Day, R.E.M., Burna Boy, Rush and many others are currently unplayable on YouTube in the U.S. due …
Sources: TSMC's execs took to calling Sam Altman a “podcasting bro” after he said it would take $7T and many years to build 36 chip plants to fulfill his vision
OpenAI CEO made absurd requests for 36 fabs for $7 trillion Zo Ahmed / TechSpot : OpenAI's Sam Altman dismissed as “podcasting bro” by TSMC over $7 trillion proposal Kevin Okemwa / Windows Central : O...
Court docs: Brazil's Supreme Court say X still needs to pay $5M+ in pending fines, including a new one, before it will be allowed to resume service in Brazil
Brazil's Supreme Court said on Friday that social platform X still needs to pay just over $5 million in pending fines …
Sources: Amazon Prime Video is in talks with veteran anchor Brian Williams to host a live Election Night special, its first entry into news-related programming
Brian Williams may have found his next TV-news job....except it won't be on traditional TV. — The veteran NBC News …
A look at challenges to OpenAI becoming a for-profit company, including the complexity of splitting assets with the nonprofit arm, which will continue to exist
Converting from a nonprofit happens rarely, especially for organizations this wealthy. OpenAI has two years to do so.
Sources: Apple considers options for its headsets, including moving compute to iPhone, and is working on homeOS; new Masimo CEO could enable a deal with Apple
Meta's latest AR glasses and cheaper mixed-reality headset add pressure on Apple to make its Vision push work.
Sources: China is discouraging local companies from purchasing Nvidia's H20 chips to help expand the country's semiconductor industry and counter US sanctions
- Nvidia can only sell slower AI chips to China due to US curbs — Beijing is fostering domestic champions like Huawei, Cambricon
The US DOJ charges two Russians for operating $1B+ money laundering services for cybercriminals; one is accused of operating the Joker's Stash marketplace
Bill Toulas / BleepingComputer :
Sources: OpenAI expects its revenue to grow to $11.6B in 2025; ChatGPT has 10M paying users and could bring in $2.7B in revenue in 2024, up from $700M in 2023
Mango DAO, Mango Labs, and Blockworks Foundation agree to destroy MNGO tokens and ask crypto exchanges to stop trading them as part of an SEC settlement
a downside. • Proposals had a 3-day voting period, needing 2% of the token supply. • If the majority said AYE, it was implemented in 2 days. [image] @0xgoku_ : Amusingly, the Mango Markets litepaper a...
Mark Zuckerberg's personal wealth has climbed almost sixfold to $200B+ in less than two years, buoyed by Meta's record-high share price, which is up 60%+ YTD
- Meta CEO's wealth has jumped sixfold in the past two years — Shares of Meta are trading near record high, up 60% this year
A look at OpenAI's sprawling product portfolio as the startup matures into a real business and runs into the challenges of avoiding product creep
Plus: OpenAI's portfolio is getting a little big. — ∙ Paid — This issue was finished on a mobile device so I apologize ahead of time for any typos and formatting errors.
Bumble, Muzz, and Match Group are pushing their friend-finding and community-building products to attract young users hit by so-called dating app fatigue
Bumble and Match Group launch friendship and social products to help reverse post-pandemic slowdown Mastodon: @carnage4life@mas.to . X: @ft , @shahzadyounas_ , and @shahzadyounas_ Mastodon: Dare Obasa...
A profile of Internet Archive founder Brewster Kahle, as the service fights existential battles over copyright, including from music labels like UMG
the crunchy side, before it got all tech bro. It's utopian, it's idealistic.” 🔗 https://www.wired.com/... Mastodon: Pete Ashton / @pete@social.coop : I am occasionally asked why I download and save ...
NYU professor Aswath Damodaran on an AI bot that is trained on his equity valuation work that is in the public domain, why AI will empower generalists, and more
Whether the risks to jobs is real or not, it behoves us all to act like it is given how consequential the costs could be X: @tonytassell and @adsinuk X: Tony Tassell / @tonytassell : Strategies to bea...
Neo-Nazis are creating AI videos of Hitler making English versions of his speeches and to rebrand him as “misunderstood” via TikTok, X, Instagram, and YouTube
There are good reasons for students to learn about the madmen of history. … Threads: Casey Newton / @crumbler : Why would they post on these platforms when Substack is right there Will Oremus / @willo...
SEMI: China is projected to invest $100B+ on chipmaking equipment from 2025 to 2027, followed by South Korea at $81B, Taiwan at $75B, and the Americas at $63B
Toby Sterling / Reuters :
A look at telehealth startup Done Global, whose owner was arrested by the US in June for allegedly running a “pill mill”, as it continues to operate from China
Rolfe Winkler / Wall Street Journal : X: @wsj , @laurenbalik , @stephpstrong , @rolfewinkler , @jchengwsj , @jchengwsj , @jchengwsj , @heathernauert , @dseetharaman , @rolfewinkler , and @jchengwsj ....
Chinese state media has embraced the success of Black Myth: Wukong, a Chinese AAA game that has sold 20M+ copies globally, hailing it as a soft power export
Lizzi C. Lee / Rest of World : X: @sluongng , @restofworld , @restofworld , @wstv_lizzi , @danielolimac , @restofworld , @wstv_lizzi , and @wstv_lizzi X: Son Luong / @sluongng : It would be nice if m...
Q&A with Trae Stephens, partner at Founders Fund and Executive Chairman of Anduril, on autonomous AI's role in warfare, building a wearable e-reader, and more
Steven Levy / Wired : X: @elkeschwarz , @knibbs , @samuelclay , and @matthewboedy X: Prof. Elke Schwarz / @elkeschwarz : Christ! (Pun intended) ... this is one hot mess of an interview. Every week mi...
Kaspersky confirms that it has replaced the antivirus software on its US customers' computers with software called UltraAV, owned by American company Pango
Lorenzo Franceschi-Bicchierai / TechCrunch :
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