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AI platforms are unlikely to become a major source of traffic or ad revenue for media outlets, with content deals offering only a short-term revenue boost (Om Malik/On my Om)

Om Malik / On my Om : AI platforms are unlikely to become a major source of traffic or ad revenue for media outlets, with content deals o...

23 December 2024

AI platforms are unlikely to become a major source of traffic or ad revenue for media outlets, with content deals offering only a short-term revenue boost (Om Malik/On my Om)

Om Malik / On my Om:
AI platforms are unlikely to become a major source of traffic or ad revenue for media outlets, with content deals offering only a short-term revenue boost  —  I recently wrote about the future of the browser and Surf, a new app from the creators of Flipboard.

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Google and OpenAI's AI product announcements over the past month have transformed the state of AI and show the breadth and pace of change (Ethan Mollick/One Useful Thing)

Ethan Mollick / One Useful Thing:
Google and OpenAI's AI product announcements over the past month have transformed the state of AI and show the breadth and pace of change  —  The last month has transformed the state of AI, with the pace picking up dramatically in just the last week.  AI labs have unleashed a flood of new products …

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A look at new tech-based mental health treatments like the Tetris method and Avatar therapy that are offering promising early results and possibilities (Michael Peel/Financial Times)

Michael Peel / Financial Times:
A look at new tech-based mental health treatments like the Tetris method and Avatar therapy that are offering promising early results and possibilities  —  From video games to personal avatars, researchers are looking to develop a new generation of digital tools that do not involve taking a drug or therapy

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OpenAI details "deliberative alignment", a new method it used to make o1 and o3 "think" about its safety policy before responding, to improve overall alignment (Maxwell Zeff/TechCrunch)

Maxwell Zeff / TechCrunch:
OpenAI details “deliberative alignment”, a new method it used to make o1 and o3 “think” about its safety policy before responding, to improve overall alignment  —  OpenAI announced a new family of AI reasoning models on Friday, o3, which the startup claims to be more advanced …

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22 December 2024

Broadcom CEO Hock Tan says AI spending frenzy will continue until the decade's end, and downplays an Intel bid, saying he had his "hands very full" in AI chips (Tim Bradshaw/Financial Times)

Tim Bradshaw / Financial Times:
Broadcom CEO Hock Tan says AI spending frenzy will continue until the decade's end, and downplays an Intel bid, saying he had his “hands very full” in AI chips  —  CEO said Big Tech groups are ‘investing full tilt’ as US chipmaker soars to more than $1tn valuation

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Sources: SoftBank's Masayoshi Son has recently become singularly obsessed with how to build the next Nvidia and wants competitive AI chips ready to ship by 2026 (Bloomberg)

Bloomberg:
Sources: SoftBank's Masayoshi Son has recently become singularly obsessed with how to build the next Nvidia and wants competitive AI chips ready to ship by 2026  —  The billionaire SoftBank founder promises to invest $100 billion in the US as part of a sweeping redemption plan.

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Donald Trump announces that Sriram Krishnan, until recently a general partner at a16z, will serve as senior policy advisor for AI at the White House OSTP (Kyle Wiggers/TechCrunch)

Kyle Wiggers / TechCrunch:
Donald Trump announces that Sriram Krishnan, until recently a general partner at a16z, will serve as senior policy advisor for AI at the White House OSTP  —  Incoming president Donald Trump has confirmed reports that Sriram Krishnan, until recently a general partner at Andreessen Horowitz …

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A survey of 501 organizations globally estimates organizations contribute $7.7B annually to open source software and 86% of contribution value is employee labor (The Linux Foundation)

The Linux Foundation:
A survey of 501 organizations globally estimates organizations contribute $7.7B annually to open source software and 86% of contribution value is employee labor  —  We've long understood that people are the engine that powers open source.  Prior research has found different ways to measure the value …

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Sources: Palantir and Anduril are in talks with OpenAI, SpaceX, and more to form a consortium to bid for US defense contracts and plan to announce it in January (Financial Times)

Financial Times:
Sources: Palantir and Anduril are in talks with OpenAI, SpaceX, and more to form a consortium to bid for US defense contracts and plan to announce it in January  —  Consortium likely to include Elon Musk's SpaceX in move to grab a bigger slice of $850bn US defence budget

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A look at the challenges facing Crunchyroll, as current and ex-staffers say its management is out of touch, amid Disney and Netflix's expansion into anime (Bloomberg)

Bloomberg:
A look at the challenges facing Crunchyroll, as current and ex-staffers say its management is out of touch, amid Disney and Netflix's expansion into anime  —  Disney and Netflix are expanding in the popular Japanese cartoon genre  —  At first glance, Sony Group Corp.'s $1.2 billion acquisition …

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A look at Amazon's revamped drone delivery program near Phoenix, Arizona, where the company's new MK-30 drones deliver dozens of packages a day to customers (Kevin Roose/New York Times)

Kevin Roose / New York Times:
A look at Amazon's revamped drone delivery program near Phoenix, Arizona, where the company's new MK-30 drones deliver dozens of packages a day to customers  —  A recent visit to the company's overhauled drone delivery program in Arizona left me impressed by the drones, but skeptical that the public will welcome them.

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Sources: Apple is working on a smart doorbell system with advanced facial recognition that can wirelessly connect and unlock third-party smart locks (Mark Gurman/Bloomberg)

Mark Gurman / Bloomberg:
Sources: Apple is working on a smart doorbell system with advanced facial recognition that can wirelessly connect and unlock third-party smart locks  —  Also: Company ramps up work on turning AirPods into a health device.

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Preqin data: Southeast Asia's AI startups raised just $1.7B across 122 deals so far in 2024, out of ~$20B across 1,845 deals for the whole Asia-Pacific region (Bloomberg)

Bloomberg:
Preqin data: Southeast Asia's AI startups raised just $1.7B across 122 deals so far in 2024, out of ~$20B across 1,845 deals for the whole Asia-Pacific region  —  - While global tech expands in the region, its startups languish  — Its homegrown tech industry risks falling behind in AI

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How Britannica survived the Wikipedia era by changing itself into a maker of education software and AI agents, as it reportedly weighs an IPO at a $1B valuation (Michael J. de la Merced/New York Times)

Michael J. de la Merced / New York Times:
How Britannica survived the Wikipedia era by changing itself into a maker of education software and AI agents, as it reportedly weighs an IPO at a $1B valuation  —  The encyclopedia maker could have become a casualty of the Wikipedia era.  But it has remade itself into a digital learning giant that is weighing going public.

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Tesla's shares are up 73% since Election Day, as several analysts see the Trump administration easing rules for self-driving tech, benefiting Tesla's ambitions (Esha Dey/Bloomberg)

Esha Dey / Bloomberg:
Tesla's shares are up 73% since Election Day, as several analysts see the Trump administration easing rules for self-driving tech, benefiting Tesla's ambitions  —  - Stock was down 2% before election, gains 73% since Trump's win  — ‘Hard to imagine an upside’ from here: Wisdomtree's Gannatti

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Gina Raimondo says holding back China in the chips race is a "fool's errand", and investment, more than export controls, will keep US ahead of Beijing (Wall Street Journal)

Wall Street Journal:
Gina Raimondo says holding back China in the chips race is a “fool's errand”, and investment, more than export controls, will keep US ahead of Beijing  —  Investment, more than export controls, will keep the U.S. ahead of Beijing, Commerce secretary says

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A look at India's quick food delivery market as Swiggy and Zomato enter the sector; report: online food delivery market in India to reach $15B by March 2029 (Satviki Sanjay/Bloomberg)

Satviki Sanjay / Bloomberg:
A look at India's quick food delivery market as Swiggy and Zomato enter the sector; report: online food delivery market in India to reach $15B by March 2029  —  - Zomato, Swiggy among those who now have quick food delivery  — Some social media users have voiced concerns on food quality

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Exploring the scaling challenges of transformer-based LLMs in efficiently processing large amounts of text, as well as potential solutions, such as RAG systems (Timothy B. Lee/Ars Technica)

Timothy B. Lee / Ars Technica:
Exploring the scaling challenges of transformer-based LLMs in efficiently processing large amounts of text, as well as potential solutions, such as RAG systems  —  Large language models represent text using tokens, each of which is a few characters.  Short words are represented by a single token …

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21 December 2024

The US NHTSA suggests easing rules allowing for fully driverless cars and urges companies operating driverless cars to share more data for greater transparency (Andrew J. Hawkins/The Verge)

Andrew J. Hawkins / The Verge:
The US NHTSA suggests easing rules allowing for fully driverless cars and urges companies operating driverless cars to share more data for greater transparency  —  But there's a twist: the agency wants self-driving car companies to cough up more data.

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Report: hedge funds employing crypto strategies posted 46% gains in November, bringing their YTD returns to 76%, outpacing the industry average of 10% YTD gains (Financial Times)

Financial Times:
Report: hedge funds employing crypto strategies posted 46% gains in November, bringing their YTD returns to 76%, outpacing the industry average of 10% YTD gains  —  Crypto strategies made more than 30 per cent in November following Donald Trump's election victory

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Tether says it is on track for a record $10B net profit in 2024 and expects to invest $2.5B to $3B in 2025 across AI, finance, biotech, education, and mining (Lucinda Shen/Axios)

Lucinda Shen / Axios:
Tether says it is on track for a record $10B net profit in 2024 and expects to invest $2.5B to $3B in 2025 across AI, finance, biotech, education, and mining  —  Exit Content Preview … - Ardoino says the company is tracking toward a record $10 billion in net profits this year.

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Albania bans TikTok for a year from January 2025, part of a broader plan to make schools safer following the killing of a 14-year-old near a school in November (Reuters)

Reuters:
Albania bans TikTok for a year from January 2025, part of a broader plan to make schools safer following the killing of a 14-year-old near a school in November  —  Albania on Saturday announced a one-year ban on TikTok, the popular short video app, following the killing of a teenager last month …

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As part of its remedies proposal, Google says it won't require device makers and other partners to distribute Gemini to US users for three years (Paresh Dave/Wired)

Paresh Dave / Wired:
As part of its remedies proposal, Google says it won't require device makers and other partners to distribute Gemini to US users for three years  —  Google dominated the last era of search.  Now the company and the US Justice Department are battling over how to set a fair playing field for generative AI.

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The US awards a $4.75B CHIPS Act grant to Samsung and $1.6B to Texas Instruments for new factories in Texas and Utah, rounding out the program's largest grants (Bloomberg)

Bloomberg:
The US awards a $4.75B CHIPS Act grant to Samsung and $1.6B to Texas Instruments for new factories in Texas and Utah, rounding out the program's largest grants  —  - Incentives will go toward new factories in Texas and Utah  — Biden administration is racing to complete federal grants

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A profile of AWS CEO Matt Garman, including his first few months on the job, what his stewardship means for the business, and his opportunities and challenges (Jason Del Rey/Fortune)

Jason Del Rey / Fortune:
A profile of AWS CEO Matt Garman, including his first few months on the job, what his stewardship means for the business, and his opportunities and challenges  —  Matt Garman joined Amazon Web Services as an intern nearly two decades ago.  But his appearance earlier this month …

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