Articles from www.theinformation.com

Articles from www.theinformation.com

Source: VC firm OpenView has laid off most of its staff and will not make new investments, after the firm raised $570M in March, 30% shy of its $800M target (www.theinformation.com)
2023-12-6

Sources: Google delayed the public launch of Gemini from next week to January 2024, after finding that the LLM didn't reliably handle some non-English queries (www.theinformation.com)
2023-12-3 Google

Sources: Apple pays Arm under 30 cents per device to license Arm's IP, the lowest rate among Arm's smartphone customers; Apple accounts for <5% of Arm's sales (www.theinformation.com)
2023-11-30 Apple

Source: OpenAI's revamped board doesn't plan to include representatives from outside investors, a sign that it will prioritize safety ahead of investor returns (www.theinformation.com)
2023-11-29

FOIA docs: Prashant Bhardwaj, hired in March as the US OCC's first officer to police fintech firms, lied about his work history; OCC quietly replaced Bhardwaj (www.theinformation.com)
2023-11-25 Fintech

Filing: Nvidia says regulators in the EU and China requested information about its sale of GPUs and how it allocates their supply (www.theinformation.com)
2023-11-25 China Nvidia

Source: a breakthrough spearheaded by OpenAI chief scientist Ilya Sutskever enabled a model that could solve basic math problems, stoking excitement and concern (www.theinformation.com)
2023-11-23 Mathematics

Source: an OpenAI employee share sale valuing the company at $86B is back on track after Sam Altman's reinstatement and is expected to close in December (www.theinformation.com)
2023-11-23

Source: as part of the deal, Sam Altman and Greg Brockman will not reclaim their board seats; Altman had pushed for more control; OpenAI retains its structure (www.theinformation.com)
2023-11-22

Tiger Global Management's Scott Shleifer will transition from his role leading private investments to a senior adviser role, effective January 1, 2024 (www.theinformation.com)
2023-11-22

Source: OpenAI's board approached Anthropic CEO Dario Amodei about a potential merger as part of an effort to persuade Amodei to replace Sam Altman as CEO (www.theinformation.com)
2023-11-21

Sources: OpenAI's board offered the interim CEO role to former GitHub CEO Nat Friedman and Scale AI CEO Alex Wang, before Emmett Shear accepted it (www.theinformation.com)
2023-11-21 AI GitHub

Source: more than 100 OpenAI customers contacted Anthropic over the weekend, and others reached out to Google Cloud and Cohere (www.theinformation.com)
2023-11-21 Google

Source: dozens of OpenAI employees internally announced they are quitting after Ilya Sutskever told them that Sam Altman won't return (www.theinformation.com)
2023-11-20

Emmett Shear Becomes Interim OpenAI CEO as Altman Talks Break Down (www.theinformation.com)
2023-11-20

Source: OpenAI co-founder and board director Ilya Sutskever told staff that Sam Altman will not return as CEO; Twitch co-founder Emmett Shear to be interim CEO (www.theinformation.com)
2023-11-20

Sources: Microsoft's mulling taking a role on OpenAI's board if Sam Altman returns; source: if he doesn't, Microsoft would consider investing in his new venture (www.theinformation.com)
2023-11-20 Microsoft

Sources: in a memo, OpenAI Chief Strategy Officer Jason Kwon told employees that the company is “optimistic” it can bring back Sam Altman and Greg Brockman (www.theinformation.com)
2023-11-19

Source: Sam Altman has been telling investors that he is planning to launch a new venture, and Greg Brockman is expected to join the effort (www.theinformation.com)
2023-11-19

Sam Altman's firing jeopardizes the sale of OpenAI employees' shares; a source says the tender offer values OpenAI at ~$86B and was set to happen in December (www.theinformation.com)
2023-11-19

Meta split up its Responsible AI team, moving most of its members to the generative AI team it formed in February, and others to an AI infrastructure unit (www.theinformation.com)
2023-11-19 AI

Before OpenAI Ousted Altman, Employees Disagreed Over AI ‘Safety' (www.theinformation.com)
2023-11-19 AI

Sources: three senior OpenAI researchers resign, including Director of Research Jakub Pachocki, and Head of Preparedness Aleksander Madry (www.theinformation.com)
2023-11-18

Sources: Mira Murati told staff in a companywide meeting that Satya Nadella expressed “utmost confidence” in OpenAI following the firing of Sam Altman (www.theinformation.com)
2023-11-18

Current and ex-Snap staffers say Evan Spiegel has spoken admiringly of some of Musk's ideas for X as he promotes “hardcore” work to lift Snap from an ad slump (www.theinformation.com)
2023-11-18

Sources: Google told some cloud customers not to expect access to its Gemini AI model until Q1 2024, after previously saying they would get access by Nov. 2023 (www.theinformation.com)
2023-11-17 Google AI

Two Israeli startups, Lasso Security and Ask-AI, reject the investments of Web Summit's venture arm after its ex-CEO Paddy Cosgrave accused Israel of war crimes (www.theinformation.com)
2023-11-17 Israel Startup AI

Sources: Shein's revenue grew 40%+ YoY to $24B between January and September and is likely on track to reach Shein's goal of $32B-$33B for all of 2023, up 40% (www.theinformation.com)
2023-11-16

Sources: ByteDance's revenue rose 40% YoY to $29B in Q2, with markets outside of China accounting for nearly 20% of its total; H1 2023 revenue was ~$54B (www.theinformation.com)
2023-11-15 China

Amazon reaches a deal with Snap that lets users buy Amazon products directly from ads on Snapchat, resembling Amazon's deal with Meta announced on November 9 (www.theinformation.com)
2023-11-14 Amazon Snapchat

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