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The Information
Erin Woo @ The Information · 08/28/2024 15:47 EDT

Google Relaunches AI Image Generation of People, Promising Improvements

Google will start to allow Gemini users to generate images of people, months after restricting the feature following backlash over historically inaccurate results to some queries. Dave Citron, a Gemini senior director, wrote in a blog post on Wednesday that Google had made “significant progress ... Read more

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The Information
Sylvia Varnham O'Regan @ The Information 2 place · 08/28/2024 13:44 EDT

Meta Platforms is planning a new mixed reality device that resembles a bulky pair of glasses, according to two Meta employees. The project, internally code-named Puffin, suggests the company is looking to design an alternative to its large, heavy headsets, which so far have had limited consumer appeal. Mixed reality is a combination of augmented and virtual reality that allows people to see images and text over the real world... Read more

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The Information
Nick Wingfield @ The Information 3 place · 08/28/2024 12:30 EDT

Telegram CEO Released From French Custody

Four days after Telegram’s CEO was arrested at an airport outside Paris, French authorities have released Pavel Durov. The AP reported that prosecutors in Paris have ordered Durov, who has French citizenship, to appear before a judge to face a possible indictment. French authorities say they are ... Read more

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The Information
Stephanie Palazzolo @ The Information · 08/28/2024 11:00 EDT

All eyes are on Nvidia’s quarterly earnings report today (there’s apparently even a watch party for it at a New York City bar if you want to partake in some nonsense), so it’s a good time to share a new example of the company’s technological dominance.This morning, MLCommons, a nonprofit that evaluates artificial intelligence software and hardware, released test results that showed that Nvidia’s most advanced—and broadly available—chip, the H200,... Read more

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The Information
Ann Gehan @ The Information · 08/28/2024 10:34 EDT

Microsoft AI Exec Parakhin Joins Shopify as CTO

Shopify has hired Mikhail Parakhin, who had worked on key artificial intelligence efforts at Microsoft, as its new chief technology officer, the e-commerce software giant said in a statement Wednesday. At Microsoft, Parakhin was the company’s CEO of advertising and web services and helped revamp ... Read more

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The Information
Yueqi Yang @ The Information · 08/28/2024 10:00 EDT

For years, Coinbase dominated the U.S. market as the go-to place for buying and selling bitcoin. Now the crypto exchange is trying to forge a new identity as the backbone of an entire financial system, using its Base blockchain, which it launched last year. To catch on with users and make money, Coinbase needs to attract outside apps offering lending, international payments and other financial services to its blockchain. The... Read more

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The Information
Natasha Mascarenhas @ The Information · 08/28/2024 09:00 EDT

Over the past decade, investor Daniel Gross has written checks for over 150 startups, including Cruise, Coinbase and Rippling. If there’s one deal that could define his legacy, though, you’ll find it a short walk away from his investment office in Palo Alto, Calif., at the headquarters of Safe Superintelligence Inc. The artificial intelligence lab is one of the buzziest startups in AI, largely because it was co-founded by Ilya... Read more

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The Information
Martin Peers @ The Information · 08/27/2024 20:00 EDT

Here’s a question that’s sure to divide your household: Is Amazon’s $100 million podcast deal with the Kelce brothers a bet on Travis Kelce marrying Taylor Swift? The consensus here at The Information is yes, for sure. While the Kelce brothers’ podcast, “New Heights,” was popular before Travis and Taylor became a thing, it really took off afterward. That implies that if the couple breaks up, the podcast’s audience is... Read more

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The Information
Kate Clark @ The Information · 08/27/2024 18:55 EDT

Typically when something bad happens to the founder of a highly valued private tech startup, the venture investors are at the front lines of the fallout—and in some cases can influence the outcome. I know this from reporting on FTX’s collapse (a wipeout for investors like Sequoia Capital and Paradigm) and then the firing of OpenAI CEO Sam Altman, when VC investors threatened to sue if he didn’t return. But... Read more

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The Information
Kaya Yurieff @ The Information 3 place · 08/27/2024 17:16 EDT

It’s been a tumultuous year for TikTok employees, between a looming potential ban of the app in the U.S. to its first widespread layoffs earlier this year. Those changes have included the departures of long-time staff and senior leaders.The latest: Nicole Iacopetti, head of content strategy and policy, is leaving the company effective September 6, according to a note sent to some staff from TikTok’s head of operations Adam Presser. Read more

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The Information
Anissa Gardizy @ The Information · 08/27/2024 15:58 EDT

Shares of Super Micro, an AI Server Supplier, Dip After Short-Seller Report

Shares of Super Micro, a major seller of servers powered by Nvidia artificial intelligence chips, fell 2.5% Tuesday after a notorious short seller alleged the company had manipulated its books. Hindenburg Research, which previously went after billionaire Carl Icahn and electric vehicle firm ... Read more

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The Information
Kate Clark @ The Information · 08/27/2024 14:09 EDT

Wondery Acquires Kelce Brothers’ Podcast in $100 Million Deal

The Amazon-owned podcast network Wondery has acquired the ‘New Heights’ podcast, hosted by Travis and Jason Kelce, in a $100 million deal, according to Variety. The deal gives Amazon exclusive ad-sales and distribution rights to the popular sports talk show. Travis Kelce, a tight end for ... Read more

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The Information
Kalley Huang @ The Information · 08/27/2024 14:01 EDT

Meta to Shut Down Spark, Its Third-Party AR Platform

Meta Platforms is shutting Spark, its platform for businesses and creators to build augmented reality effects for Meta’s apps, the company said in a blog post Tuesday. Spark, which was launched in 2017, will be shut on January 14, 2025. Afterward, AR effects created and owned by third parties ... Read more

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The Information
Sylvia Varnham O'Regan @ The Information · 08/27/2024 10:05 EDT

Mark Zuckerberg Says Government Pressure Over Covid Posts was ‘Wrong’

Meta Platforms CEO Mark Zuckerberg said the Biden administration pressured Meta to remove posts related to Covid-19 and he regrets that Meta was not more outspoken about it. In a letter to the House Judiciary Committee Chairman Jim Jordan Monday, Zuckerberg said the government in 2021 “ ... Read more

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The Information
Stephanie Palazzolo @ The Information 1 place · 08/27/2024 10:00 EDT

In case you were wondering why Sam Altman cryptically posted a picture of strawberries earlier this month, the answer almost certainly has to do with Strawberry, a mysterious technical breakthrough that could help OpenAI’s models complete complex tasks such as math problems that conversational AI has traditionally struggled with. (If this sounds familiar, it’s likely because Strawberry was previously called Q*.)Why is Altman being so cheeky? Probably because the word... Read more

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The Information
Erin Woo @ The Information 2 place · 08/27/2024 09:00 EDT

As OpenAI looks to raise more capital, its researchers are trying to launch a new artificial intelligence product they believe can reason through tough problems much better than its existing AI. Researchers have aimed to launch the new AI, code-named Strawberry (previously called Q*, pronounced Q Star), as part of a chatbot—possibly within ChatGPT—as soon as this fall, said two people who have been involved in the effort. Strawberry can... Read more

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The Information
Rocket Drew @ The Information · 08/26/2024 20:59 EDT

Elon Musk Supports California AI Bill

Elon Musk on Monday said he supported proposed California legislation to regulate artificial intelligence, becoming one of the few tech CEOs to publicly back the bill. His support contrasts with his frequent criticisms of government overreach. “This is a tough call and will make some people ... Read more

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The Information
Martin Peers @ The Information 3 place · 08/26/2024 20:00 EDT

There’s nothing like a billionaire’s arrest as they get off their private jet to alarm other rich people. The apprehension of Telegram founder Pavel Durov by French police as he deplaned over the weekend has more than a few techies worked up, particularly Elon Musk and other like-minded folks. Their message: This is a threat to free speech.Well, maybe. But the response from French authorities hinted that the issue was... Read more

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The Information
Rocket Drew @ The Information · 08/26/2024 19:29 EDT

The recent arrest of Telegram CEO Pavel Durov is “part of an ongoing judicial investigation,” French President Emmanuel Macron said on X Monday. The case concerns a “person unnamed”, according to French prosecutors, who is suspected of crimes related to child pornography, drug dealing, and money ... Read more

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The Information
Julia Hornstein @ The Information 3 place · 08/26/2024 17:50 EDT

G Squared raised just over $1 billion to primarily purchase existing shares of startups from employees or other investors. This will be the firm’s sixth fund and is roughly the same size as its last. The Chicago-based venture capital firm will invest 70 to 80% of the fund’s money in secondary ... Read more

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