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The Information
Stephanie Palazzolo @ The Information · 11/25/2024 10:00 EDT

Some people in the artificial intelligence industry have been skeptical about whether reasoning models such as OpenAI’s o1 represent a paradigm shift. After all, the model hasn’t gotten much usage in ChatGPT. But these skeptics may not fully understand what reasoning models are actually good for.The queries that ChatGPT typically handles won’t necessarily produce better answers through reasoning models, researchers tell me. But if you talk to hardcore scientists, things... Read more ›

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The Information
Stephanie Palazzolo @ The Information · 11/25/2024 09:00 EDT

New Competitors Chase OpenAI in Reasoning AI Race

After OpenAI sparked a race this fall by releasing groundbreaking artificial intelligence known as reasoning AI, it seemed like the ChatGPT owner might run away with the market. Both Google and Microsoft scrambled to catch up with the technology, which aims to help users answer complex, multi-step questions, according to two people involved in the effort at the companies. But in the past week or so, the dynamics of the... Read more ›

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The Information
Yueqi Yang @ The Information · 11/24/2024 12:59 EDT

Cantor’s Ties With Tether Grow

Wall Street financial services firm Cantor Fitzgerald—which is run by Howard Lutnick, Donald Trump’s nominee for Commerce Secretary—struck a deal last year to invest in Tether, the world’s biggest stablecoin issuer, receiving a stake of about 5% which the Wall Street firm valued ... Read more ›

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The Information
Martin Peers @ The Information 2 place · 11/23/2024 16:58 EDT

The Intercept can proceed with a lawsuit against OpenAI alleging that the AI firm used the news outlet’s content without permission or credit, a judge ruled on Friday. The ruling, which was first reported by The Intercept, is a step forward for news publishers which have been fighting AI ... Read more ›

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The Information
Martin Peers @ The Information 2 place · 11/23/2024 11:24 EDT

TikTok CEO Shou Chew has been in touch with Elon Musk, asking his opinions on the incoming Trump administration and tech policy, according to a Wall Street Journal report on Saturday. The report shows how TikTok management are extending efforts to avoid a ban by getting close to people around ... Read more ›

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The Information
Abram Brown @ The Information 3 place · 11/23/2024 10:00 EDT

Welcome, Weekenders! In this newsletter:• The Big Read: Teens confront a new age of facial tech • Media: The young, male digital stars using YouTube to take over podcasts• The Top 5: Best AI books of 2024• Plus: Free Adnan! Free Keiko!; revisiting Walter Isaacson’s Elon Musk tome; and a TV triumph about the Troubles.A few times a year, the big auction houses like Christie’s and Sotheby’s hold megasales, and... Read more ›

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The Information
Michael Roddan @ The Information 1 place · 11/23/2024 09:00 EDT

Last year, the board of now-collapsed fintech startup Synapse Financial Technologies discussed whether to remove the company’s CEO, Sankaet Pathak. At the time, discrepancies in Synapse’s ledgers were piling up, which the board was aware of. Andreessen Horowitz General Partner Angela Strange argued in favor of keeping Pathak in the role based on the belief that founders were best placed to run their companies, according to a person close to... Read more ›

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The Information
Martin Peers @ The Information · 11/23/2024 08:48 EDT

Sex traffickers have been found forcing women to perform sex acts for streaming on Only Fans, according to a report on Reuters.  The report said it had identified 11 cases of women who reported such episodes, either to authorities or in lawsuits. Reuters cited an activist with a sex ... Read more ›

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The Information
Taylor Lorenz @ The Information · 11/23/2024 08:00 EDT

About a year ago, Sean Kelly, then 26, decided to launch yet another business. Previously, he’d fooled around running a small drop-shipping company as a Rutgers University undergrad. Later he sold face masks and other personal protective equipment during the pandemic’s early days. Neither enterprise had really gone anywhere, and so after years of bingeing “The Joe Rogan Experience,” he settled on his next venture: his own podcast. He billed... Read more ›

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The Information
Rocket Drew @ The Information · 11/23/2024 08:00 EDT

Ray Kurzweil’s predictions about technological advancements have intrigued—and unnerved—people for decades. At 76, he’s still quite up to the task and threw out a whopper within minutes of sitting down with me. “When we achieve AGI in the 2030s, we’re going to actually merge this intelligence with ourselves,” Kurzweil said, with utter straightforwardness. (AGI, of course, is the technical term for AI that has achieved human-level intelligence.) “It will actually... Read more ›

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The Information
Qianer Liu @ The Information · 11/23/2024 02:36 EDT

Nvidia CEO Jensen Huang on Saturday said that the company will balance compliance with technological advancement and customer service under the incoming Trump administration. “The advancement of AI is global. Open science and open research of AI is global, and nothing can stop this,” Huang told ... Read more ›

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The Information
Martin Peers @ The Information · 11/22/2024 17:47 EDT

In Thursday’s Briefing newsletter, my colleague Cory Weinberg reported that bankers at Goldman Sachs’ private tech gathering this week had asked, “For big tech, is capex the new M&A?” as part of a slide presentation on the market. We got the answer today—yes, it is—when Amazon announced it was investing $4 billion more into Anthropic, the artificial intelligence startup that appears to be OpenAI’s closest rival. (The Information’s Anissa Gardizy... Read more ›

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The Information
Kevin McLaughlin @ The Information · 11/22/2024 15:08 EDT

Voltron Data, a 3-year-old startup backed by investors including Walden Catalyst, GV and Coatue, has switched CEOs and laid off around half its staff of 120 employees after struggling to meet its revenue target, according to two people with direct knowledge of the matter. In an all-hands meeting ... Read more ›

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The Information
Theo Wayt @ The Information · 11/22/2024 14:36 EDT

Employees at a Whole Foods Market store on Friday filed a request for a union election, the first such organizing effort at the grocery chain since it was acquired by Amazon in 2017. The proposed union would cover 300 employees at a store in Philadelphia who would join a local unit of the United ... Read more ›

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The Information
Ann Gehan @ The Information · 11/22/2024 13:51 EDT

The consumer holding company Helen of Troy announced Thursday it would acquire nail care brand Olive & June, a notable deal as M&A activity for beauty startups remains slow. Helen of Troy will pay $225 million in cash for the brand, as well as a future $15 million earnout depending on ... Read more ›

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The Information
Jessica E. Lessin @ The Information · 11/22/2024 13:19 EDT

Most founders stay silent about their failures. Instead, Adrian Aoun, who just shut down his health care company Forward after raising nearly half a billion dollars, accepted our invitation to come on the pod. I really enjoyed our conversation, which holds a lot of lessons for founders. And I couldn't help get some sharp questions in myself. Hope you enjoy! Apple Spotify YouTube Read more ›

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The Information
Natasha Mascarenhas @ The Information · 11/22/2024 12:55 EDT

Two startups that compete with major cloud providers by renting out servers with chips made by Nvidia are seeking fresh financing, underscoring the capital demands and investor interest for artificial intelligence companies continues. Together AI, a two year-old startup that rents out such ... Read more ›

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The Information
Paris Martineau @ The Information · 11/22/2024 12:03 EDT

In September, Instagram unveiled a splashy new feature called Teen Accounts, an effort by Meta Platforms, the app’s owner, to show it’s better protecting young people with stricter privacy and safety settings. Suddenly, everyone on the app who had registered their age as 17 years or younger found themselves with an Instagram teen account, which is set to private by default and has stricter content and messaging restrictions. As teens... Read more ›

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The Information
Theo Wayt @ The Information · 11/22/2024 09:44 EDT

Amazon is investing another $4 billion into Anthropic, bringing the total it’s invested in the artificial intelligence startup to $8 billion, the companies said Friday. Anthropic has also agreed to use Amazon chips to train its AI. Amazon will become Anthropic’s “primary training partner,” ... Read more ›

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The Information
Catherine Perloff @ The Information 1 place · 11/22/2024 09:00 EDT

For several years, a favorite tactic of progressives agitating against social media and conservative news outlets has been pressuring marketers to pull their ads. Advertisers have frequently gone along with those campaigns, fearful of the negative publicity associated with their ads appearing on controversial sites. That’s starting to change. Marketers have begun to distance themselves from industrywide efforts to guard against worrisome content. Some are even reducing spending on brand... Read more ›

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