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18.11.2024 − 24.11.2024
The Information
Kevin McLaughlin @ The Information · 11/20/2024 17:04 EDT

Shares of database provider Snowflake jumped more than 19% in the wake of its report after dropping less than 1% in regular trading. Investors seemed to be encouraged that the company sailed well past its earlier quarterly product revenue projections and raised its full-year ... Read more â€ș

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The Information
Stephanie Palazzolo @ The Information 1 place · 07/30/2024 10:00 EDT

To expand the market for artificial intelligence, developers must create large language models that can reason through customers’ problems, not just parrot answers based on what’s in the models’ training data.While OpenAI and Google are throwing tons of capital at developing AI that solves problems it hasn’t seen before, small startups and individuals say they’ve come up with cheap hacks to achieve some forms of AI reasoning.Many of these shortcuts... Read more â€ș

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The Information
Cory Weinberg @ The Information · 07/30/2024 09:00 EDT

The bankers, lawyers and other advisers who usher tech companies through initial public offerings have already written off 2024 as another lost year. That has put an added spotlight on which companies are taking new concrete steps to list publicly next year. The lineup is starting to take shape: Skims, the apparel company co-founded by Kim Kardashian, is preparing to interview banks to lead an initial public offering that could... Read more â€ș

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The Information
Wayne Ma @ The Information · 07/30/2024 08:36 EDT

U.S. lawmakers earlier this month were prevented from meeting with G42, the Abu Dhabi-based technology conglomerate, while on a visit to the Middle East, Reuters reported. The canceled meetings, which would have included Emirati officials, happened a week after several Republican congressmen ... Read more â€ș

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The Information
The Information 2 place · 07/30/2024 03:15 EDT

Chipmaker TSMC to Begin Construction on First Europe Factory in August

TSMC, the world’s largest chip manufacturer, will break ground on its first factory in Europe next month, Nikkei Asia reported. The company is responding to pressure from customers and governments to diversify its operations beyond Taiwan as a hedge against natural disasters and trade conflicts. ... Read more â€ș

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The Information
Juro Osawa @ The Information · 07/30/2024 03:09 EDT

TikTok is discussing a plan to launch a data center in Australia, ensuring it has enough computing capacity to support its growth in the Asia Pacific region, according to two people with knowledge of the plan. TikTok is counting on its global business to keep expanding even as it grapples ... Read more â€ș

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The Information
Jon Victor @ The Information · 07/29/2024 23:31 EDT

Canva Buys AI Image Startup to Keep Up with Adobe

Graphic design firm Canva is buying a startup that uses artificial intelligence to generate images, a deal that aims to keep the company competitive with rival Adobe. Canva said it will use technology from the startup, Leonardo.ai, for an AI product that lets customers generate visuals such as ... Read more â€ș

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The Information
The Information · 07/29/2024 22:27 EDT

U.S. lawmakers earlier this month were prevented from meeting with G42, the Abu Dhabi-based technology conglomerate, while on a visit to the Middle East, Reuters reported. The canceled meetings, which would have included Emirati officials, happened a week after several Republican congressmen ... Read more â€ș

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The Information
Anita Ramaswamy @ The Information · 07/29/2024 21:16 EDT

U.S. revenue at X, formerly known as Twitter, fell 53% in the second quarter from a year earlier, to $114 million, as CEO Linda Yaccarino tries to woo back advertisers to the site who fled after Elon Musk bought it in 2022, The New York Times reported. The company aims to bring in $190 million ... Read more â€ș

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The Information
Laura Mandaro @ The Information · 07/29/2024 20:00 EDT

I just spent a relaxing week at the beach that started in turmoil: Mine was one of more than 3,500 Delta flights canceled as a result of a CrowdStrike-sparked outage that also shut down hospital, bank and courthouse systems. While Delta’s still on the hot seat with transportation regulators, Wall Street seems to have largely forgiven CrowdStrike—though the stock’s after-hours drop Monday show how skittish investors can be.  Read more â€ș

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The Information
Scott Thurm @ The Information · 07/29/2024 19:08 EDT

Apple’s artificial intelligence features will not be ready when the iPhone maker launches new phones and software in September, Bloomberg reported. Apple plans to release Apple Intelligence to consumers in October, according to the report, which said the additional time is intended to give the ... Read more â€ș

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The Information
Stephanie Palazzolo @ The Information · 07/29/2024 16:00 EDT

Embattled Wearable AI Startup Humane Says Ex-Cisco CEO to Join Its Board

Humane, the maker of a wearable device that aimed to replace smartphones, has told investors that former Cisco CEO John Chambers is joining its board of directors, according to two people with knowledge of the decision. The move came after the six-year-old San Francisco startup recently considered a sale after reviewers panned the device, and it has been in talks to raise debt from its current investors that would later... Read more â€ș

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The Information
Theo Wayt @ The Information · 07/29/2024 11:45 EDT

Amazon-owned livestreaming site Twitch generated  about $667 million in advertising revenue and $1.3 billion in commerce revenue in 2023, the Wall Street Journal reported on Monday. That means the unit, which Amazon acquired for about $1 billion a decade ago, makes up less than 0.5% of ... Read more â€ș

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The Information
Stephanie Palazzolo @ The Information 2 place · 07/29/2024 10:00 EDT

Machine learning conferences used to be about pushing boundaries and thinking outside the box. These days, they’re focused on practicality and helping businesses cut the cost of running artificial intelligence.Take the International Conference on Machine Learning, or ICML, in Vienna last week, where the desire to lower AI costs seemed front of mind, some attendees told me.On the bright side, much of this research is cheaper to do than building... Read more â€ș

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The Information
Sahil Patel @ The Information 2 place · 07/29/2024 09:00 EDT

Social media platforms such as Pinterest, TikTok and LinkedIn are trying a new tack to gain a bigger share of digital advertising—getting news outlets and other publishers to help them sell ads. Pinterest, for instance, is testing a new program through which publishers would be able to sell advertising on their Pinterest pages using the company’s computerized ad-auction system, according to Jeremy Jankowski, head of media companies and publishing in... Read more â€ș

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The Information
The Information · 07/29/2024 03:21 EDT

Apple’s artificial intelligence features won’t be ready for this year’s launch of iOS 18 and could be delayed by several weeks to October, Bloomberg reported. The delay underscores the short timeline Apple has had to work on its new AI features, which began in early 2023. Apple tends to make ... Read more â€ș

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The Information
The Information · 07/29/2024 02:41 EDT

Apple’s artificial intelligence features won’t be ready for this year’s iPhone launch and could be delayed by several weeks to October, Bloomberg reported. The delay underscores the short timeline Apple has had to work on its new AI features, which began in early 2023. Apple tends to make major ... Read more â€ș

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The Information
Juro Osawa @ The Information 1 place · 07/29/2024 01:13 EDT

Chinese artificial intelligence startup Zhipu AI launched a new AI video generator, as the country’s tech giants and startups are in a race to release text-to-video AI models similar to OpenAI’s Sora. Zhipu’s text-to-video AI model, Ying, allows users to generate a six-second video, and it takes ... Read more â€ș

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The Information
Juro Osawa @ The Information · 07/28/2024 23:52 EDT

The U.S. Department of Justice said in a court filing that TikTok collected user data on sensitive topics such as gun control, abortion and religion, and made such information accessible to China-based employees of the app’s parent company, ByteDance. The accusation was part of the Justice ... Read more â€ș

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The Information
Yueqi Yang @ The Information 1 place · 07/27/2024 18:05 EDT

Trump Vows to Fire SEC Chair, Create National Bitcoin Stockpile

Donald Trump on Saturday gave his full-throated support to the cryptocurrency industry, saying he would fire Gary Gensler, chair of the Securities and Exchange Commission, and create a “strategic national bitcoin stockpile” in a second presidential term. In a speech in Nashville at the Bitcoin ... Read more â€ș

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The Information
Scott Thurm @ The Information 2 place · 07/27/2024 10:30 EDT

Vice President Kamala Harris has more support among The Information readers than President Joe Biden did before he dropped out of the presidential race, according to our latest survey. Asked who they would vote for if the election were held today, survey respondents favored Harris over former President Donald Trump 76% to 19%. In a similar survey a week earlier, readers favored Biden over Trump 59% to 27%. Nearly 1,900... Read more â€ș

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26.11.2024 05:50
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