Sources: David Sacks' role as WH AI and crypto czar will be limited to an adviser role, overseen by Michael Kratsios, partly because he won't divest from Craft
Kali Hays / Fortune :
Stability AI CEO Prem Akkaraju says the startup, now focused on its API and licensing, has seen “triple digit growth” and has “a clean balance sheet, no debt”
Kali Hays / Fortune : X: @lwinthorpe X: Louis Winthorpe III / @lwinthorpe : what's the growth in? revenue?
Analysis: since ChatGPT's launch about two years ago, the US DOD has awarded ~$670M in contracts to ~323 companies for AI projects, up 20% from 2021 and 2022
Kali Hays / Fortune :
Amazon CEO Andy Jassy tells staff to return to the office five days per week from January 2, 2025, citing the importance of the policy to the company's culture
Amazon orders employees back to the office five days a week Michael Grothaus / Fast Company : Amazon CEO Andy Jassy orders employees back to the office 5 days a week in one of the strictest RTO mandat...
Sources: Sam Altman told OpenAI's staff that the company plans to move away from being controlled by a nonprofit sometime in 2025
RE: https://www.threads.net/... Kali Hays / @kalihays1 : Sam Altman told staff recently that OpenAI will, in fact, move away from its “unusual” corporate structure that makes it technically a “non-pro...
Sources: Sam Altman told OpenAI's staff that the company plans to move away from being controlled by a nonprofit sometime in 2025
RE: https://www.threads.net/... Kali Hays / @kalihays1 : Sam Altman told staff recently that OpenAI will, in fact, move away from its “unusual” corporate structure that makes it technically a “non-pro...
Nick Clegg says Elon Musk turned X into “a sort of one man, sort of hyper-partisan and ideological hobby horse”, contrasting Meta's content moderation with X's
RE: https://www.threads.net/... Claire Atkin / @catthekin : Nick Clegg unironically calling literally anyone else “elite” is lol Kali Hays / @kalihays1 : “It's honestly not used by the vast majority o...
Source: in 2023, Meta abandoned plans to build its own custom chips for its AR glasses, instead opting to rely on third-party chipmakers like Qualcomm
Kali Hays / Fortune :
X sues the World Federation of Advertisers, GARM, and GARM members CVS Health, Mars, Orsted, and Unilever over what Linda Yaccarino calls an “illegal boycott”
In an all-hands at X, formerly Twitter, CEO Linda Yaccarino attempted … Karissa Bell / Engadget : X sues advertisers for ‘illegal boycott’ of the platform Grace Eliza Goodwin / Business Insider : Elon...
Memo: Jack Dorsey plans a Block restructuring to remove business unit silos and group staff by function and warns that it may feel “disruptive or uncomfortable”
Kali Hays / Fortune :