Googleâs YouTube is now in the thick of upfront negotiations with advertisers, a period when networks and streaming services like Netflix compete for billions of dollars in ad-spending pledges. YouTube can trumpet the fact that more people in the U.S. are watching the app when they turn on a TV than any other streaming service.In fact, YouTube has been pressing that point with advertisers over the last few weeks, current... Read more âș
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The open-source artificial intelligence community has been buzzing over allegations that three U.S.-based developersâincluding two Stanford University undergraduatesâcopied parts of a multimodal large-language model developed by a Chinese lab founded by Tsinghua University and Beijing-based AI startup ModelBest.This incident might seem trivial to many onlookers, especially compared with higher-profile examples of developers ripping off AI models. But it has struck a chord with the industryâperhaps because t Read more âș
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Franklin Templeton, the 77-year-old mutual fund heavyweight named in honor of founding father Benjamin Franklin, is exploring launching a new crypto fund that will invest in a range of tokens beyond bitcoin and ether, according to people with direct knowledge of the effort. While some traditional asset managers like BlackRock and Fidelity have launched exchange-traded funds investing in bitcoin and are planning for an ether ETF next, Franklin Templeton would... Read more âș
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A few weeks ago, at a former jellybean factory in Emeryville, California, I tasted what may be the future of food: the lab-grown, or cultured, meat produced by Prolific Machines, a four-year-old startup that has been operating in secret while it develops its technology. âLast night, I worried what you were going to think,â admitted cofounder Declan Jones, 30, a funny Englishman clad in a purple tie-dyed Alice Coltrane t-shirt.... Read more âș
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Mercedes-Benz, aiming to introduce next-generation solid state batteries into its electric vehicles by 2026, said it has moved into advanced tests of a battery developed by Massachusetts-based Factorial Energy. The move comes amid increasing industry and investor skepticism about the mass-market potential of most next-gen EV batteries. Read more âș
3
The U.S. government forbids Nvidia from selling some of its most advanced artificial intelligence chips to customers in China. But it doesnât stop Chinese firms from buying or renting Nvidiaâs chips if theyâre used within the U.S. Some big Chinese tech firms have taken advantage of that loophole, or tried to. ByteDance, owner of TikTok, has been renting Nvidiaâs best chips from Oracle for AI computing, according to two people... Read more âș
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Activist investor Elliott Investment Management has bought a more than $2 billion stake in Japanese conglomerate SoftBank Group, and is making an explicit demand for the company to buy back $15 billion of its shares, the FT scooped today. But the implicit message is telling: Investors like Elliott donât trust that Masayoshi Son has really learned his lesson from previous mistakes at his investment arm, the Vision Fund.The pressure comes... Read more âș
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When real estate broker Ryan Serhant appeared on Bravoâs reality TV series âMillion Dollar Listing New Yorkâ in 2012, he got an instant taste of fame. âThe next day, I was walking around New York City and I was stopped 10 times on the street,â Serhant recalled in a recent interview. âJust being on TV at the height of cable TV was enough.â Read more âș
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The artificial intelligence boom has ignited an intense response from regulators that will shape the future of AI startups, platforms and open source. President Joe Biden last year issued an executive order on AI and the EU has its AI Act. In the first half of 2024, state lawmakers across the U.S. have introduced 745 AI-related billsâ10 times as many as were proposed in all of 2023. Californiaâs most sweeping... Read more âș
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If youâre an investor whoâs turned negative on Amazon Web Services because of its much-reported growth slowdown of 2023, you might want to look again. While the pioneer of cloud computing is no longer posting red-hot topline expansion numbers, growth picked up meaningfully in the first quarter. Meanwhile, its profit margins are looking healthier than ever. And itâs a good bet AWS will keep them that way, despite the big... Read more âș
9
OpenAIâs forthcoming artificial intelligence-powered voice assistant, which allows users to speak with ChatGPT on their phone, has generated tremendous buzz in the industry, and not just because of ScarJo. Thatâs because developing AI models that can understand human voices and generate realistic AI voices is a lot harder than you might think.While text chatbot users may be OK with waiting a few seconds for written answers, a few seconds of... Read more âș
3
In another setback for a maker of a next-generation electric vehicle battery, Massachusetts battery developer Ionic Materials let go virtually its entire workforce on Tuesday, closed down and made plans to sell its equipment and other assets, according to multiple former employees. The company fired more than 40 employees, two of whom said they received two weeks of pay as severance. Ionic attracted investor attention in 2018, claiming it had... Read more âș
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Say what you will about Elon Musk, at least he is consistent. CNBC broke news today about Musk redirecting a shipment of Nvidiaâs highly valued AI chips from Tesla to Muskâs privately held X and xAI, crystallizing concerns that some Tesla shareholders have about Muskâs divided loyalties. Once again, we have evidence that in his management of numerous companies, Musk moves staff (and other resources) between them as though theyâre... Read more âș
0
Over the past year, a wave of venture capitalists have left their firms as the industry wrestles with a steep correction. Now, some are teaming up with each other for their next gig. Former Andreessen Horowitz general partner Kristina Shen is joining former Index Ventures partner Mark Goldberg and former Bessemer Venture Partners partner Ethan Kurzweil to start their own venture firm, according to two people who spoke to the... Read more âș
3
Hollywood veteran Jeffrey Katzenberg has raised $460 million for his investment firm WndrCoâs first set of dedicated venture capital funds, including a $60 million seed fund. The new fund stands out in a tepid year for VC fundraisingâand shows Katzenbergâs name has plenty of pull with investors. Thatâs despite the collapse of Quibi, the short-form video app he co-founded, four years ago.Katzenberg said attention around the high-profile failure has faded.... Read more âș
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MrBeast has a new chief operating officer for his holding company: Jeffrey Housenbold, a former SoftBank Vision Fund managing partner who backed companies including DoorDash and took Shutterfly public as CEO in 2006. Housenboldâs background and new title indicates that MrBeast has high ambitions for his growing business empire, which includes chocolate bar company Feastables. It suggests he could even try to take individual businessesâor his entire holding companyâpublic at... Read more âș
3
As the artificial intelligence boom continues, questions about safety and ethics are more important than ever. In partnership with Salesforce, Aaron Holmes of The Information held a virtual panel to discuss the intersection of safety, technology and regulatory frameworks for AI with three powerhouses in the industry: Kathy Baxter, principal architect, Ethical AI Practice, Salesforce Dr. Sara Hooker, VP of research and head, Cohere for AI Dr. Sasha Luccioni, AI... Read more âș
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Apple was in talks last year to launch its Apple TV+ video streaming service in China via a deal with China Mobile, the countryâs largest telecommunications provider, according to people with knowledge of the matter. If successful, the talks would make Apple TV+ the only U.S. streaming service to be available in China, one of the worldâs biggest markets. The status of the talks is unknown. But Apple has good... Read more âș
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As companies like OpenAI, Anthropic, Google and Meta Platforms race to leapfrog each other with marginally faster, cheaper or more accurate large language models, a number of developers have told me that these LLMs are beginning to reach parity when it comes to performance.And now, new exclusive data from Kruze Consulting, a finance and HR consulting firm, backs up those anecdotes. Over the last year, the proportion of the firmâs... Read more âș
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TikTok parent ByteDance is raising between $700 million and $800 million for its online auto information and marketplace business Dongchedi, according to three people with direct knowledge of the matter, in preparation for an initial public offering for the unit. Plans for an eventual IPO are part of a bigger plan by the Chinese tech giant to spin off businesses it no longer considers core, abandoning an unsuccessful diversification effort.... Read more âș
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15.06.2026 00:19
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