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533 Trump’s Social Media Group in Talks to Buy Crypto Platform Bakkt

The Information
Yueqi Yang @ The Information 3 place · today 18:56 EDT

President-elect Donald Trump’s Trump Media & Technology Group is in advanced talks to buy Bakkt, the crypto  marketplace backed by the parent company of the New York Stock Exchange, in an all-share deal, the Financial Times reported. Shares of Bakkt surged 162% on Monday after the ...

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Slashdot
BeauHD @ Slashdot 1 place · today 20:25 EDT

'El Capitan' Ranked Most Powerful Supercomputer In the World

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The Verge
Wes Davis @ The Verge 3 place · today 17:52 EDT

US lawyers will reportedly try to force Google to sell Chrome and unbundle Android

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The Information
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How Elon Musk’s Supercomputer Freaked Out AI Rivals

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The Information
Stephanie Palazzolo @ The Information · 11/12/2024 10:30 EDT

A month ago, we reported that former OpenAI chief technology officer Mira Murati had begun to pitch current OpenAI staffers on joining her new venture. It seems like at least one OpenAI researcher has taken her up on her offer.Mianna Chen, a research program manager for the team at OpenAI responsible for preparing AI models for release, has recently left and plans to join Murati at her new company, according... Read more

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The Information
Cory Weinberg @ The Information 3 place · 11/12/2024 12:45 EDT

Enterprise software firm Databricks, one of the world’s most valuable private tech companies, is considering raising several billion dollars in the coming months to allow employees to cash out stock grants that begin to expire in early 2026. Such a move would signal that the firm, whose business of data management software has gotten a boost from artificial intelligence services, isn’t planning to go public anytime in the next year. Read more

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The Information
Steve LeVine @ The Information 1 place · 11/15/2024 12:00 EDT

The other evening, a stranger told Lucid Motors CEO Peter Rawlinson that if he ever came across an electric vehicle that would go 500 miles on a charge, he’d buy it. “And I said, ‘That’s Lucid Air!’” Rawlinson recalls, referring to his company’s sleek sedan. “He said, ‘What? How long has that been in production?’ I said, ‘Two and a half years.’” He paused. “The world doesn’t know that two... Read more

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Juro Osawa @ The Information 1 place · 11/16/2024 09:00 EDT

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Stephanie Palazzolo @ The Information · 11/14/2024 14:58 EDT

Valuations of generative artificial intelligence startups appear to be coming down—slightly. The latest example is Synthesia, which helps companies create AI videos. It’s raising $150 million in funding at a valuation of $2.1 billion after the investment, double its valuation from 17 months ago, according to a person involved in the deal. While the valuation may seem high, it’s actually far lower than valuations many startups were getting earlier this... Read more

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The Information
Juro Osawa @ The Information · 11/12/2024 05:13 EDT

SoftBank Group Swings to Profit on Vision Fund Investment Gains

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The Information
Sylvia Varnham O'Regan @ The Information 2 place · 11/13/2024 12:22 EDT

Meta Platforms plans to introduce advertisements to its text app, Threads, early next year, hoping to cash in on the app’s rapid growth, according to three people with direct knowledge of the company’s plans. A team inside Instagram’s advertising division is leading the effort, which is still in the early stages, the people said. Threads is planning to kick off the effort by letting a small number of advertisers create... Read more

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The Information
Jon Victor @ The Information 1 place · 11/13/2024 12:31 EDT

Google has recently struggled to achieve performance gains in its Gemini conversational artificial intelligence at the same rate it did last year, prompting researchers to focus on other ways to eke out gains, according to an employee who has been involved in the effort. The situation appears similar to the slowdown in AI advances that rival OpenAI has experienced this year, which spurred the ChatGPT owner to use new techniques... Read more

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