We all know this hasnât been Appleâs year, between the so-so reaction to its Vision Pro mixed-reality headset, the cancellation of its car project, an antitrust lawsuit from the U.S. government, worries about its lagging status in artificial intelligence and, of course, the reality that iPhone sales are no longer growing. Apple stock is down around 10% for the year. But hey, at least Apple CEO Tim Cook gives the... Read more âș
43
In television, whatâs old is new again. After more than a decade of growth in streaming services that make viewers click on shows they want to watch âon demand,â a growing number of streaming services are offering new âchannelsâ that function more like old-style TV, with a continuous, scheduled stream of shows. Disney is the latest to expand in this market. The company plans to create a series of such... Read more âș
232
Iâm back in San Francisco after a busy week in Las Vegas, where my colleague Jon Victor and I spent days talking to Google Cloud customers about the difference between generative artificial intelligence hype and reality. At one point during the conference, I was sitting at a table in a chilly Mandalay Bay conference room when I heard a Google Cloud executive utter an all-too-familiar phrase: âWe donât believe one... Read more âș
8
It's the worst-kept secret in artificial intelligence. Many of the AI chatbots developed by startups were likely made using data from OpenAI and other firms, even though these startups are trying to undercut OpenAI, according to developers and founders. This practice has resulted in a startling competitive dynamic: Developers are charging their customers a fraction of what GPT-4 costs, and yet these low-cost services can mimic GPT-4 on some tasks. Read more âș
24
Former President Donald Trump and Jigar Shah, director of the Loan Programs Office in the U.S. Energy Department. Photo: Shutterstock; Energy Department.Virtually no one expects Donald Trumpâshould he win election in Novemberâto be able to fulfill his threat to repeal the Inflation Reduction Act and other programs supporting the U.S. electric vehicle and battery industries. But Trumpâs history and recent statements suggest he might flip the script on the EV... Read more âș
0
Welcome, Weekenders! In this newsletter:A secretive weapons billionaire and his never-ending transformationWhere art insiders and Silicon Valley collectors make their hidden-gem purchasesA power lunch to end all power lunchesPlus: Appleâs latest chase; Spider-Man takes on Big Brother; and a billionaire investorâs favorite book.A week ago, Demis Hassabis, the mastermind behind Googleâs artificial intelligence ambitions, was explaining how life works to me.  âProteinsâproteins are essential to all life,â he s Read more âș
0
âI had hoped women-only events might be unnecessary by now,â said Joanna Coles, director of the Fallen Journalists Memorial Foundation and Hearst Magazinesâ former chief content officer. âBut given there are near total bans of abortion in 24 states, IVF and birth control are now threatened, the pay gap still persists, and just recently CNN launched a bizarre national discussion about when women are past their prime, itâs clear we... Read more âș
1
Last December, mayhem seemed to hit an all-time high at Art Basel Miami Beach, the art worldâs annual Floridian bacchanal. Traffic choked the streets. No one could get a cellphone signal. And the media seemed more interested in covering the onslaught of celebrity and fashion-brand partiesâLeonardo DiCaprio here, Cartier thereâthan, you know, the art. In other words, pure pandemonium. Art Basel Miami remains the best known art fair and a... Read more âș
10
Greetings!Some people really canât get past the idea that itâs no longer 2021. After a lot of resistance among private companies to raising money in the past year or two because of concerns about the valuation haircuts that would result, weâve seen a lot more private funding down rounds and even IPOs at well below peak 2021 valuations (such as Redditâs). And yet weâve still got some holdouts. Today my... Read more âș
1
I'm just back from New York where it has been a whirlwind week for The Information and, of course, the tech and finance industries. We covered so much of it on the podâwith so much zeal (or was it fatigue?) that Sam called me punchy! Hope you enjoy. Apple Spotify YouTube Read more âș
0
Private jets are a common enough sight over Driggs, Idaho, a hamlet 30 miles west of the exclusive resort town of Jackson Hole, Wyo. But one weekend a few months ago, so many chartered flights and luxury SUVs arrived in the small town that the mayor began to receive calls from residents asking what was going on. The commotion, as it turned out, came from dozens of corporate executives and... Read more âș
2
My colleague Cory reported Monday that some venture investors are shying away from companies working on generative artificial intelligence because they require a lot of capital, can fetch towering valuations and often face stiff competition. But you wouldnât know it from the first quarterly tabulation of funding to the companies in our Generative AI Database. That report, which we published Wednesday, showed that total funding for the 154 companies we... Read more âș
0
Online ticketing marketplace StubHub is aiming to go public by late summer, people close to the company said, setting up another sizable internet initial public offering after Redditâs IPO last month. And as StubHub has more than $2 billion in debt, many times its estimated profits, the company will test investorsâ appetite for companies with strained balance sheets. Further complicating matters, StubHub has ambitious hopes for the valuation it would... Read more âș
18
In his keynote speech at Googleâs annual cloud computing conference Tuesday, Google Cloud CEO Thomas Kurian outlined a future in which businesses use artificial intelligence agents to automate all manner of tasks, from analyzing data, to creating ad copy, to prodding consumers to spend more money. Now he must get customers to follow his leadâand thatâs proving to be a challenge. Many are still just experimenting with AI. Those deploying... Read more âș
0
Weâre approaching that time of the year when most public companies hold their annual shareholder meetings, theoretically giving investors both large and small a chance to question management and vote on board members and other matters. That all still happens, but the drama has faded from these events. What used to be in-person gatherings are increasingly online, eliminating any real chance at meaningful interaction. CEO missives to shareholders, meanwhile, seemingly... Read more âș
0
The fintech and e-commerce sectors, two of the hardest hit by the end of the venture capital funding boom, are still showing plenty of carnage. Some investors say itâs the perfect time to go bargain hunting. At the end of 2022, fintech was âprobably the most hated area and probably lending within that [sector], and we actually have a couple of lending businesses weâre very excited about,â said Spark Capital... Read more âș
0
This morning, my colleagues Jing, Juro and I reported that TikTok has started to develop an advertising tool that would generate AI avatars to star in advertisersâ videos.  The feature is still far from ready, we reported. Still, TikTokâs efforts indicate that the company could try to shake up the way creators make money again. TikTokâs 2020 campaign telling advertisers to âmake TikToks, not ads,â encouraged brands to pay influencers... Read more âș
0
OpenAI has fired two researchers for allegedly leaking information, according to a person with knowledge of the situation. They include Leopold Aschenbrenner, a researcher on a team dedicated to keeping artificial intelligence safe for society. Aschenbrenner was also an ally of OpenAI chief scientist Ilya Sutskever, who participated in a failed effort to force out OpenAI CEO Sam Altman last fall. Itâs not clear what information the two fired staffers... Read more âș
9
Temu, a China-founded bargain shopping app, has been under fire from U.S. lawmakers, who say it hasnât done enough to stamp out the use of forced labor in its supply chain. Temu, for its part, has said it keeps close watch on the thousands of small manufacturers that make up its sprawling supplier base. But last year, Temu walked back a short-lived policy requiring suppliers to certify that cotton used... Read more âș
0
For months, venture capitalists have been telling me the same thing: the foundation model game is over. Between OpenAI, Anthropic, Cohere, Google and dozens of open-source model developers, thereâs just no way for a company developing a new large language model to break into the market. In recent weeks, though, VCs have modified that stance and become more positive about new kinds of AI models, those that go beyond the... Read more âș
0
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Business Insider
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9% 4 |
The Verge
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Eurogamer.net
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6% 0 |
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27.11.2024 16:33
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