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Q&A with Stanford professor Erik Brynjolfsson on generative AI, potential productivity gains, his “J-curve” and “Turing trap” concepts, AI drawbacks, and more
(
t.co
)
2024-2-1
AI
UK prosecutors say the Met Police seized 61K bitcoin, worth £1.4B+, in 2018, as part of a trial over an alleged ~£5B investment fraud in China between 2014-2017
(
t.co
)
2024-2-1
China
Bitcoin
Ahead of the Senate hearing, Mark Zuckerberg calls for requiring Apple and Google to verify ages via app stores; Linda Yaccarino and Evan Spiegel support KOSA
(
t.co
)
2024-1-31
Google
Apple
Zuckerberg
Senate
Bain: as of September 2023, autonomous vehicles in China had driven a cumulative total of 70M kilometers, on par with the US, despite Beijing's safety concerns
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t.co
)
2024-1-31
China
Autonomous Car
Bernstein estimates PDD spent ~$3B on marketing Temu in the US in 2023; the Chinese group says Temu has 70M MAUs in the US, versus an estimated 13M in Jan. 2023
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t.co
)
2024-1-31
China
Sources: Binance has bowed to pressure from customers to let them store assets with an independent custodian, highlighting growing unease after the US fines
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t.co
)
2024-1-31
Asset
Berlin-based Delivery Hero plans to sell 68.2M shares of Deliveroo, or a ~4.5% stake worth ~£83M, and does not expect to hold any Deliveroo stock afterwards
(
t.co
)
2024-1-30
Germany
PitchBook: VCs in the US have $311B in unspent cash, as they shy away from risky bets and focus on dividends, after raising a record $435B between 2020 and 2022
(
t.co
)
2024-1-30
How Japan's $6.4B takeover of key photoresists supplier JSR and ~$4.7B buyout of Fujitsu's chip-packaging arm Shinko Electric rankled many in the chip industry
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t.co
)
2024-1-29
Japan
China's chipmakers are ramping up production capacity, helped by the country's subsidies, raising concerns among western nations about China flooding the market
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t.co
)
2024-1-29
China
With high-stakes elections in 2024, some experts worry about a well-timed piece of disinformation, potentially involving a deepfake, having a calamitous impact
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t.co
)
2024-1-29
With high-stakes elections in 2024, some experts are worried that a piece of disinformation potentially involving a deepfake might soon have a calamitous impact
(
t.co
)
2024-1-28
Sources: Lightspeed Venture Partners seeks to sell stakes in 10 startups, worth ~$1B, to a private equity-style continuation fund, to let investors cash out
(
t.co
)
2024-1-26
Startup
Equity
Sources: Elon Musk's xAI is in talks to raise up to $6B from family offices in the Hong Kong and sovereign wealth funds in the Middle East at a $20B valuation
(
t.co
)
2024-1-26
Hong Kong
Elon Musk
An NSA letter to Sen. Ron Wyden reveals the agency buys logs related to Americans' domestic internet activities from commercial data brokers without warrants
(
t.co
)
2024-1-26
U.S.
Arati Prabhakar, director of the White House Office of Science and Technology Policy, says the US will work with China on AI safety, despite trade tensions
(
t.co
)
2024-1-25
China
AI
London- and Tallinn-based VC firm Plural, led by some of Europe's best known startup founders, raised a €400M fund to invest in early-stage “deep tech” startups
(
t.co
)
2024-1-25
Europe
Startup
London
Apple's acquisitions, job postings, and academic papers shed light on the company's AI plans; PitchBook; Apple has bought 21 AI startups since the start of 2017
(
t.co
)
2024-1-24
Startup
AI
Apple
How Japan plans to use avatars, robots, and AI in construction, trucking, farming, and retail to alleviate an estimated labor shortage of 11M people by 2040
(
t.co
)
2024-1-23
Japan
Retail
AI
Robot
Chinese warehouse robotic startups are keen to ease Japan's logistics crunch; IFR: 52% of ~550K warehouse robots deployed globally in 2022 were made in China
(
t.co
)
2024-1-22
China
Japan
Startup
Robot
Logistics
Architects are incorporating DALL-E, Midjourney, and other generative AI tools for complex design work, threatening the industry of professional illustrators
(
t.co
)
2024-1-22
AI
Generative AI and how to regulate the tech dominated the discussions at the 2024 World Economic Forum; the UN Secretary-General said AI poses risks to societies
(
t.co
)
2024-1-22
AI
How AI has been helping criminals who use deepfakes and voice cloning for financial scams, forcing banks and fintechs to invest in AI to counter fraud
(
t.co
)
2024-1-20
AI
How urban planners in Barcelona and others are using supercomputers and AI to create digital twins of their cities to address issues like traffic congestion
(
t.co
)
2024-1-20
AI
PitchBook: VC investment in the AI and machine learning companies totaled nearly $80B in 2023, accounting for 23% of deals, the largest of any sector
(
t.co
)
2024-1-18
AI
Machine Learning
Lexington, Brookfield and Sequoia Heritage's Pinegrove, and StepStone are raising billions to buy stakes in VC-backed tech startups via secondary share sales
(
t.co
)
2024-1-17
Startup
Omdia: the healthcare sector suffered more cyberattacks than any other sector between January and September 2023, with 241 publicly disclosed attacks
(
t.co
)
2024-1-17
A PwC survey of 4,702 CEOs ahead of Davos: 25% expect generative AI to lead to up to 5% headcount cuts, 46% expect GenAI to boost profits in 12 months, and more
(
t.co
)
2024-1-16
AI
Davos
Sources and ads: Chinese chipmakers are taking group tours to network with their Japanese counterparts, seeking ways to cope with tightening US export controls
(
t.co
)
2024-1-16
China
Japan
How some artists are incorporating Dall-E, Midjourney, and other AI tools into their work, while others remain anxious about AI's impact on their livelihoods
(
t.co
)
2024-1-15
AI
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