Looks like Amazonâs finally made its AI bet.On Monday, model developer Anthropic announced that it had raised as much as $4 billion from Amazon. As part of the deal, Amazon Web Services will become Anthropicâs primary cloud provider, and Anthropic will train and deploy its future models on AWSâ training- and inference-specialized chips, Trainium and Inferentia. What that means isnât totally clear, however, since Google in February invested $400 million... Read more âș
47
MasterClass had a problem with the shoot featuring its latest star instructor, Walt Disney Co. CEO Bob Iger. The startup was emerging as a poster child of the new media landscape, one that was bringing Hollywood-style production values and A-list celebrities to a categoryâonline educationâoften associated with dry lectures and crummy camera work. For a course on business strategy and leadership that it released in late 2019, MasterClass wanted to... Read more âș
5
In 2003, General Motors killed the EV1, its first electric vehicle, and it has been branded a Luddite ever since. Gil Golan, who worked on the car as a young engineer, argues that the rap is unfair. Golan, named this month as GMâs chief technology officer and vice president of research and development, says canceling the EV1 was not a knock against technology, but simply recognition that the car had... Read more âș
36
Despite Silicon Valleyâs drift toward sports that require an octagon, long-distance running still ranks highly. In our recent Brain-Body Investment Survey, running was respondentsâ second most time-consuming form of exercise, right after weightlifting. True to form, tech executives are applying their competitive spirit to the track, running jaw-dropping distances in far-flung locales. Here, five committed runners describe their favorite megarun in their own words. Though some of these highlights happened... Read more âș
0
Hi, welcome to your Weekend.One of my favorite tech memes is the âWeâre so backâ post, the kind that pokes fun at the industry returning to the good old days of expensive perks and wine-soaked dinners.I had a real-life âWeâre so backâ moment this week when I attended a bacchanalian feast thrown by Bain Capital Ventures at Fogo de ChĂŁo in San Francisco. Bain Capitalâs private equity arm announced last... Read more âș
0
This week we were treated to not one but two big tech IPOs! Plus, two tech juggernautsâAmazon and Microsoftâheld big, flashy product launch events. Through it all, The Informationâs newsroom pumped out a string of scoops, analyses and meaty newsletters. Here are some highlights:Â Read more âș
0
Late last month in Belgium, Sen. Elizabeth Warren (D-Mass.) had a pressing question for Paul Tang, a Dutch politician and member of the European Parliament. How had they done it, she asked him. How had the EU managed to bring big tech to heel? The liberal Massachusetts senator, alongside Sen. Richard Blumenthal (D-Conn.), had stopped off in Brussels on August 25 to speak with European Parliament members about a range... Read more âș
38
Like all industries, Silicon Valley gets set in its ways. So I particularly enjoyed a comment from Sam pointing out the absurdity of tech hiring practices on this week's episode of More or Less. It is definitely food for thought, along with our debate about when tech companies should go public. Hope you enjoy! Spotify Apple YouTube Read more âș
0
Long before menâs daily thoughts about ancient Rome became a TikTok meme, former GitHub CEO Nat Friedmanâs mind was regularly turning toward the Roman Empire. In the early pandemic months of 2020, he ripped through Philip Matyszakâs â24 Hours in Ancient Rome,â a book that, by his own admission, was âwritten for eighth graders.â Friedman went down a Roman rabbit hole, diving into Wikipedia articles about the ruins of Pompeii... Read more âș
68
Readers of The Information are feeling the back-to-school blues. In our latest monthly survey, around 30% of the 680 respondents said they anticipate conditions for technology companies will improve in the next six months, roughly the same as the percentage of people who think conditions will worsen. The rest donât think much will change. It's the first time sentiment has weakened in six months. Read more âș
0
When SpaceXâs new Starship rocket exploded during a test flight in April, the company largely painted it as a success to have even gotten the 400-foot-tall behemoth off the ground. But inside the company, some employees were worried that the setback could delay, among other things, a SpaceX plan to provide wireless coverage to cellphones that are out of range of typical networks, according to people close to the company.... Read more âș
75
Jim Cramer, CNBCâs âMad Moneyâ host, took a swipe at our report today that Google has set an internal goal to break from Broadcom, its supplier of artificial intelligence chips. Cramer called the story âpatently falseâ on X. Cramer, who has been particularly bullish on Broadcom lately, is often criticized for dispensing bad adviceâfor example, telling his viewers earlier this year to buy shares of the parent company of Silicon... Read more âș
18
Startups this year have been busy launching artificial intelligence tools, from chatbots to editing features, aimed at lightening creatorsâ workloads. Now YouTube is the first of the major social platforms to go hard on its own AI offerings for creators. At its Made on YouTube event in New York on Thursday, the Google-owned company made several announcements including Dream Screen, a new tool that allows creators to generate videos and... Read more âș
25
âItâs time to buildâ became the rallying cry of venture capitalists after Marc Andreessen published his blog post in 2020, as the economy was reeling from the pandemicâs outbreak. More than three years later, a new one has entered the mix: Itâs âtime to IPO,â wrote Brad Gerstner, founder and CEO of investment firm Altimeter Capital, in a post on X this week.His comments added to a barrage of tweets... Read more âș
2
GGV Capital, a prominent venture capital firm managing $9.2 billion in assets, plans to separate its China and U.S. teams following scrutiny from lawmakers in Washington about the national security implications of the firmâs investments in Chinese artificial intelligence and semiconductor firms, according to a notice the firm sent to its investors on Thursday. The move comes a few months after Sequoia Capital said it would separate its high-performing China... Read more âș
0
Readers of The Information are hesitant to do business with China and also have grown more pessimistic about the global outlook for technology companies, according to our most recent survey. More than one-third of survey respondents think President Joe Bidenâs China policies arenât tough enough, even after Biden last month banned U.S. investments in key sectors of Chinaâs economy. Roughly one-quarter of respondents said, conversely, that Biden is too tough... Read more âș
0
Jacopo Pantaleoni joined Nvidia in 2001 when the company had less than 500 employees. He worked on what was then a small research project to improve Nvidiaâs graphics processing units so they could better render images on computers and gaming consoles.More than two decades later, Nvidia has more than 26,000 employees and its GPUs are at the center of the generative AI explosion. Pantaleoni had climbed the ranks to become... Read more âș
106
As TikTok seeks to compete with Amazon, itâs planting a flag in the e-commerce giantâs backyard. The video app company is using the Seattle area as the base for an aggressive expansion into online shopping, according to three people with knowledge of the situation. TikTok is offering existing employees in other TikTok offices, such as Los Angeles and New York City, a relocation package worth tens of thousands of dollars,... Read more âș
33
Recent declines in the cost of batteries have persuaded some analysts to significantly increase their forecasts of electric vehicle sales later this decade. But the sales projections partly depend on the prices of battery metals like lithium and nickel staying comparatively low, a considerable risk given wild price swings over the last two years. Read more âș
0
Google executives have extensively discussed dropping Broadcom as a supplier of artificial intelligence chips as early as 2027, according to a person with direct knowledge of the effort. In that scenario, Google would fully design the chips, known as tensor processing units, in-house, the person said. The move could help Google save billions of dollars in costs annually as it invests heavily in AI development, which is especially pricey compared... Read more âș
0
Most popular sources
Business Insider
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27% 8 |
Tech Wire Asia
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26% 9 |
Android Authority
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5% 1 |
Eurogamer.net
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5% 1 |
Gizmodo
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4% 1 |
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29.11.2024 22:28
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