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Cory Weinberg @ The Information · 12/23/2024 20:00 EDT

A decade ago, Peter Thiel wrote somewhat famously that “competition is for losers.” He was interested in backing startups that looked like Google, whose products were so good “that no other firm can offer a close substitute.” A caveat he offered was that he wasn’t interested in backing monopoly businesses that look like “government favorites.”Thiel’s mission statement might need updating.  Read more

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Kevin McLaughlin @ The Information · 12/23/2024 19:20 EDT

Microsoft is preparing to incorporate large language models developed in-house, and certain LLMs from third parties, as alternatives for OpenAI’s LLMs in Microsoft 365 Copilot, its main generative AI product, Reuters reported. Microsoft’s goal is to make Copilot’s AI ... Read more

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Juro Osawa @ The Information · 12/23/2024 19:09 EDT

The Biden administration has launched a new trade investigation into China’s supply of “legacy” chips that aren’t the most advanced but are widely used in many key industries. The probe, which will be handed over to the incoming Trump administration and could result in ... Read more

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Natasha Mascarenhas @ The Information · 12/23/2024 18:28 EDT

Thrive Capital has raised $179 million in new capital for an investment vehicle associated with its growth fund, a $4 billion fund launched in August, according to a securities filing. The filing said Thrive had raised the funds from 33 investors beginning earlier this month. The New York-based ... Read more

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Yueqi Yang @ The Information · 12/23/2024 17:52 EDT

Telegram’s revenue rose sharply to more than $1 billion this year and the messaging app turned a profit for the first time, founder and CEO Pavel Durov said Monday in his Telegram channel. Telegram started generating revenue in 2021 when it introduced ads, and it launched paid premium ... Read more

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Nick Wingfield @ The Information · 12/23/2024 14:32 EDT

Apple is in the early stages of developing a Ring-like doorbell camera as the company prepares to make a broader push into the smart home market, Bloomberg reported. The device is expected to use a feature akin to Face ID on iPhones that will allow people to unlock their front doors with their ... Read more

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Amir Efrati @ The Information 1 place · 12/23/2024 10:30 EDT

Nvidia, a chip giant, says it can develop a cloud services and software business to rival Amazon Web Services. OpenAI, an artificial intelligence developer, has been developing server chips and a browser to reduce its dependence on Nvidia and Google, respectively. And Elon Musk hired a data center team to build one of the biggest supercomputing server clusters for developing conversational AI. It seems like every major competitor in the... Read more

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Stephanie Palazzolo @ The Information 1 place · 12/23/2024 10:00 EDT

OpenAI’s next-generation reasoning model—called o3 for a funny reason—seriously impressed researchers and developers last week.Specifically, o3 and o3-mini (a smaller version of the model) scored impressively on a number of extremely difficult math and coding benchmarks, beating out competitors like Anthropic and Google by a lot. It also reached human levels of performance on ARC-AGI, a benchmark meant to test how AI models handle tasks that humans excel at such... Read more

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Catherine Perloff @ The Information 2 place · 12/23/2024 09:00 EDT

OpenAI’s efforts to license news publishers’ content for training its large language models are beginning to pay business dividends. Publishers are increasingly opting to use OpenAI’s artificial intelligence tools for their operations rather than Google’s, publishing executives say. OpenAI has signed more than a dozen content licensing agreements with news and magazine publishers in the past year. Under those deals, publishers get credits to use its technology, said people from... Read more

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The Information
Abram Brown @ The Information · 12/22/2024 19:23 EDT

President-elect Donald Trump on Sunday added to the ranks of his tech and science advisors, including nominating a longtime AI advisor, Michael Kratsios, to run the White House’s Office of Science and Technology Policy. In addition, Trump said Bo Hines, a 29-year-old North Carolina Republican, ... Read more

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Abram Brown @ The Information · 12/22/2024 19:19 EDT

Trump: Musk is ‘not going to be president’

As Elon Musk plays a growing role in Washington, President-elect Donald Trump on Sunday wanted to remind Americans who the top boss is. “No, [Musk is] not going to be president, that I can tell you,” Trump told an audience of conservatives at a conference in Arizona. He further dismissed the ... Read more

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The Information
Abram Brown @ The Information · 12/22/2024 19:17 EDT

Palantir and Anduril May Lead a New Defense Consortium

Palantir and Anduril are part of a group of defense and technology companies that may join forces to bid for government contracts that traditionally go to older blue chip firms. The consortium could also include SpaceX, OpenAI, billionaire Alexandr Wang’s ScaleAI and Saronic, a maker of ... Read more

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Abram Brown @ The Information · 12/22/2024 17:14 EDT

WhatsApp Gets Legal Victory Against Pegasus Spyware Maker

NSO Group, the Israeli company behind Pegasus spyware, violated U.S. federal and state laws when it hacked WhatsApp to surveil more than 1,000 users of the messaging app in 2019, a federal judge ruled on Friday. The decision is seen as a major win for cybersecurity activists who have raised ... Read more

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Abram Brown @ The Information 1 place · 12/21/2024 10:00 EDT

Welcome, Weekenders! This edition of Weekend is especially exciting: It marks the debut of a new coverage area for us and the arrival to The Information of a talented reporter. Sara Germano, a veteran of the Financial Times and The Wall Street Journal, has joined Weekend to helm The Arena, Weekend’s new franchise devoted to covering the business and future of sports—particularly women’s sports, a source of major growth and... Read more

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The Information
Burt Helm @ The Information 2 place · 12/21/2024 09:00 EDT

Before Marc Andreessen slid into Andy Ayrey’s life, Ayrey’s artificial intelligence experiments were a quirky passion project. Ayrey, an artist and web designer who lives in rural New Zealand, likes to tinker with large language models and see what he can build with them. His favorite creation is a mischievous troll of an AI bot, Truth Terminal, which he released last spring on X to post shock humor, memes and... Read more

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Erin Woo @ The Information 3 place · 12/20/2024 22:15 EDT

Google on Friday proposed that it be required only to tweak its default distribution contracts with companies like Apple and Samsung in order to remedy what a federal court has ruled is an illegal monopoly in search. This proposal is a far lighter punishment than the remedy put forward by the ... Read more

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The Information
Anita Ramaswamy @ The Information · 12/20/2024 19:56 EDT

After a two-year court battle, a federal jury largely ruled in favor of Qualcomm in an intellectual property dispute with Arm Holdings. Arm, which licenses its chip designs to companies such as Qualcomm and Apple, claimed that Qualcomm had improperly used intellectual property that Arm licensed ... Read more

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Yueqi Yang @ The Information · 12/20/2024 18:23 EDT

Tether, the world’s biggest stablecoin issuer, said it agreed to make a strategic investment of $775 million in Rumble, the publicly-listed video platform that’s an alternative to YouTube and popular on the political right. Shares of Rumble jumped more than 40% post-market on Friday. The company ... Read more

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Martin Peers @ The Information · 12/20/2024 17:30 EDT

Why Netflix Will Lose in Sports

Netflix shareholders may be a happy bunch right now, after the bonanza year the video-streaming stock has enjoyed. Though its revenue is growing at a decent but unspectacular clip—15% in the third quarter—its shares have so far risen 87% this year to above $900 a share. Since their low point in mid-2022, during a freakout about Netflix’s subscriber stall, the stock has soared more than 440%. Given how badly every... Read more

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Rocket Drew @ The Information · 12/20/2024 17:02 EDT

The robotics team at Google DeepMind will partner with Apptronik, which develops humanoid robots that walk on two legs, the companies announced Thursday. The partnership brings together Apptronik’s robot hardware with DeepMind’s artificial intelligence, which enables robots to make plans and ... Read more

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