2025-10-28
As I've said before. It'll happen. https://openai.com/...
OpenAI
OpenAI completes its recapitalization, “simplifying” its structure; OpenAI Foundation now has equity valued at ~$130B and still controls the OpenAI for-profit
OpenAI has completed its recapitalization, simplifying its corporate structure. The nonprofit remains in control …
2024-03-25
You should subscribe to Mark's newsletter. He explains in a few paragraphs the issues with Lina Khan's suit better than “experts” who spend pages to try and justify antitrust for its own sake.
Bloomberg
An analysis of the US DOJ's Apple case; sources say Apple plans to start rolling out its system for updating packaged iPhones' iOS to US stores in April 2024
With its lawsuit against Apple, the Justice Department focuses on outdated issues and irrelevant points, missing an opportunity to address more pressing concerns.
2023-12-22
The case of Masimo and Apple has brought ITC 337 investigations to the fore. But these are very poorly understood. I put together an explainer of how 337 investigations work and why we'll see more of them in consumer electronics. https://blog.withedge.com/...
Bloomberg
Memo: Apple won't offer hardware swaps for out-of-warranty Watch models going back to Series 6 in the US during the ITC's ban but will offer help via software
- Company will only be able to conduct software-based repairs — Hardware swaps for broken Apple Watches won't be offered in US
The case of Masimo and Apple has brought ITC 337 investigations to the fore. But these are very poorly understood. I put together an explainer of how 337 investigations work and why we'll see more of them in consumer electronics. https://blog.withedge.com/...
Financial Times
The Apple-Masimo patent battle is a dramatic demonstration of the collision of different IP regimes when tech companies move into new markets, like health care
2023-10-09
These plans show, to me, that Meta has better product people than Apple, somehow. Over time I realized that the killer AR use cases aren't so graphically intensive. You don't need a full computer. Live translation, directions, information, etc. That makes the v1 product simpler. Apple could have done it if they had the product vision. They could have even offloaded the hard image processing to the iPhone.
Bloomberg
Sources: Apple is trying to make the next Vision Pro more comfortable to wear and Meta is aiming to release a cheaper Quest in 2024 and true AR glasses in 2025
Apple's Vision Pro and Meta's Quest 3 haven't even been released yet, but the two companies are already deep into work on follow-up products.
2023-09-15
Today's the day: ARM's going public in the biggest IPO of the year. But did you know they don't make a single chip? They're a patent licensing business, and it's a really interesting business model. https://blog.withedge.com/...
CNBC
Arm closes up 24.69% to $63.59 in its Nasdaq debut, valuing the company at $65.24B, after Arm priced shares at the upper end of its expected $47 to $51 range
- Arm Holdings has started trading on the Nasdaq under the ticker “ARM.” — The chip design company is valued at a steep premium relative …
2023-08-30
Unsurprising. I know that downers like @GaryMarcus are obsessed with whether LLMs are “true AI” or whatever, but they are legitimately useful. People are voting with their wallets. Enter the revolution!
The Information
Source: OpenAI is on pace to generate more than $1B in revenue over the next 12 months by selling software and computing capacity, up from just $28M in 2022
OpenAI is currently on pace to generate more than $1 billion in revenue over the next 12 months from the sale of artificial intelligence software …
2021-04-30
Seeing lots of comparisons with Miami Tech Week and SXSW right now. Worth remembering that SXSW succeeded at turning Austin into a tech hub, but ultimately not in making it a force. I think it will be similar here, but I'm glad to see opportunity decentralizing!
Wired
Founders and VCs are flocking to Miami for “Miami Tech Week”, an impromptu event kicked off by a tweet from Delian Asparouhov, a principal at Founders Fund
2020-03-07
Sad end to the first major post-FIRRMA foreign investment review. It's a pretty good return for Kunlun as far as private equity goes. Probably a ~3x return in 3-4 years. But disappointing compared to its planned IPO, which was slated for a billion-dollar outcome. CFIUS strikes! https://twitter.com/...
Reuters
Beijing Kunlun Tech says it has agreed to sell gay dating app Grindr for about $608M to investor consortium San Vicente Acquisition
Echo Wang / Reuters :