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 ›
0
American pundits like former Google CEO Eric Schmidt like to say China is behind the U.S. in artificial intelligence by several years. But American AI researchers increasingly tell me that these people underestimate Chinese researchers. Instead, by restricting Chinese access to American tech, the U.S. has pushed the country to forge its own path in AI development (or find workarounds to the U.S. export rules, as in the case of... Read more ›
0
Around Christmas last year, Nvidia CEO Jensen Huang called a series of meetings with company executives to discuss a growing concern: whether Nvidia’s biggest customers were going to run out of data center space to install its artificial intelligence chips, which could hurt sales, according to someone who attended the meetings. Huang told colleagues he was worried cloud server providers such as Amazon Web Services and Microsoft, which collectively have... Read more ›
18
Call me crazy, but a product that has to carry a health warning label seems like it might have a bit of a problem attracting customers. And yet that’s the situation social media platforms—such as Meta Platforms’ Instagram and Facebook, Snap’s Snapchat and TikTok— might be in if the surgeon general has his way. As he opined in this New York Times op-ed on Monday, labels need to state that... Read more ›
0
The old adage that you should never get into a fight with someone who buys ink by the barrel load doesn’t resonate in the digital age as well as it used to. But there’s no doubt news publishers’ complaints about AI startups pirating their copyrighted material has drawn plenty of coverage. There may be a solution. A growing number of startups are emerging to try and help publishers, and other... Read more ›
41
Didi Global, the Chinese ride-hailing giant whose U.S. initial public offering in 2021 upset Chinese regulators so much the company delisted less than a year later, is coming out of its shell after two years of seclusion. Hoping to go public again in Hong Kong next year, Didi is telling investors that it is back in Beijing’s good graces and its business performance has been improving. Didi representatives led by... Read more ›
0
Apple released AI functions for the iPhone15 Pro. Photo: Graham Hughes/Bloomberg/GettyApple CEO Tim Cook and his lieutenants spoke for two hours last week about the jazzed-up artificial intelligence features they plan to integrate into the newest iPhone. But they left out what ought to be one of the most critical words in the consumer AI revolution: battery. As in, “This is how we intend to power all these energy-sucking cool... Read more ›
0
Welcome, Weekenders! In this newsletter:The AI cold war heats upThe best wedding planners for a tech mogul blowoutPlus: Netflix’s “Jaws”; Paul Giamatti’s peculiar podcast; and how Toyota caused toilet paper shortages.Lately, misinformation researchers have expended a considerable amount of energy sounding the alarm about fake online content manipulated by artificial intelligence. They worry that as AI proliferates, more people with nefarious intentions will produce fake content so sophisticated that we... Read more ›
0
After 15 years as a high-end wedding planner in California, Ashley Smith often feels like she has seen and heard it all. That’s why she especially enjoys when a tech founder or a venture capitalist calls her up: They often have a vision that challenges her. “Silicon Valley–type clients have seen it all. They go to events often, they travel often, and they have access to social clubs and high-priority... Read more ›
18
OpenAI CEO Sam Altman recently told some shareholders that the artificial intelligence developer is considering changing its governance structure to a for-profit business that OpenAI’s nonprofit board doesn’t control, according to a person who heard the comments. One scenario Altman said the board is considering is a for-profit benefit corporation, which rivals such as Anthropic and xAI are using, this person said. Such a change could open the door to... Read more ›
56
We’re living in a world of AI-powered news. No, I don’t mean large-language models are writing news reports—just the opposite. In tech business news, at least, AI is the thread that runs through most everything nowadays. Apple’s AI presentation on Monday drove this week’s news cycle, while the other big story of the week, Tesla’s shareholder vote over Elon Musk’s pay, also had AI as a subtext—specifically his involvement in... Read more ›
0
In their hunt for artificial intelligence investments, U.S. venture capitalists are looking past Silicon Valley at foreign AI startups, betting that locally developed large-language models will outperform imports from the U.S. The latest to win their affections is Sakana AI, a Tokyo-based large-language model developer. Founded last year by alumni of Google’s DeepMind, Sakana is raising around $100 million in a new financing co-led by New Enterprise Associates and existing... Read more ›
20
“Can we stay on strawberries for a minute?” Vinod Khosla asked me. About halfway into our hour-long conversation with Vinod Khosla on “More or Less” this week, we found ourselves deep in the topic of artificial intelligence–generated strawberries. (I wanted to talk about media owners protecting their intellectual property, but alas, no one was game!) It became a case study in one of the biggest debates we have on this... Read more ›
2
Founders usually create startups to make money for themselves and their investors—or to change the world and protect humanity, as some of them say in their more grandiose moments. For Aleph Alpha, an artificial intelligence startup in Germany, those things mattered too, but its founders had another, more tribal motivation: to make sure Europe doesn’t get left in the dust by a hegemonic U.S. AI industry. For Jonas Andrulis, CEO... Read more ›
3
It’s been a big few weeks for executive hires across the artificial intelligence sector, as two leading large-language model developers hired their first chief financial officers. OpenAI tapped former Nextdoor CEO Sarah Friar—who earlier in her career was CFO of Square (now called Block)—while Anthropic went with Krishna Rao, former CFO of athletic apparel company Fanatics, who earlier in his career held a senior position at Airbnb. Both hires are... Read more ›
0
Over the past several years, many big consumer brands have dabbled in influencer marketing as they sought to figure out how effective it was. Now curiosity is giving way to real commitments. Fanta, the fruit-flavored soda owned by Coca-Cola, has in the past spent little on creators. But that’s changed, and in late April, the soda brand revived its “Wanta Fanta” jingle from the early aughts by hiring a group... Read more ›
37
We’ve got good news and bad news on the story that has dominated Tesla coverage for weeks, the shareholder vote on Elon Musk’s pay package. The good news is we have a decision—as Musk posted late Wednesday, shareholders approved his $46 billion pay package. The bad news, at least for those shareholders hoping for a resolution, is that the vote doesn’t mean Musk will get paid. In fact, he may... Read more ›
0
For the last two years, we’ve broken a lot of news about cloud giants Microsoft and Google elbowing out traditional venture firms to invest huge sums in artificial intelligence startups that are also their customers. A similar dynamic is playing out in hardware startups.Samsung, the second-largest smartphone maker in the world, is leading a round of at least $300 million in Tenstorrent, a Toronto-based AI chip company helmed by CEO... Read more ›
0
The Cannes Lions International Festival of Creativity, the swanky advertiser conference in the south of France, is kicking off next week—for the first time with an official creator presence.Last year a few well-known creators including Emma Chamberlain and Alex Cooper appeared on stage. This year’s event will feature a lot more top creators, as well as full days of creator-focused panels and networking events. There will be a “headquarters” for... Read more ›
0
The biggest question our team has faced upon reporting OpenAI’s revenue growth in the past year or so was whether Microsoft was a critical contributor to the startup’s sales. Most people we talked to had assumed Microsoft was, but the definitive answer is actually “No.”While Microsoft sells OpenAI models to its own Azure cloud customers, the ChatGPT maker seems to be doing just fine selling the subscription version of its... Read more ›
7
The battle for advertising dollars in television used to be dominated by networks like CBS and NBC. Now the most intense competition may be between newer tech entrants—Google’s YouTube, Amazon’s Prime Video and Netflix. Less than six months after launching ads on its Prime Video streaming service, Amazon has made a deep impression on the ad market. The flood of ad slots on Prime Video is putting downward pressure on... Read more ›
0
Most popular sources
Business Insider
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31% 4 |
Wired
|
10% 7 |
Tech Wire Asia
|
7% 5 |
The Verge
|
6% 1 |
Gizmodo
|
6% 0 |
| View sources » | |
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27.11.2024 01:30
Last update: 01:21 EDT.
News rating updated: 08:21.
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