Sources: OpenAI is letting current and former staff sell ~$1.5B worth of restricted stock in a new tender offer to SoftBank, in a deal spurred by Masayoshi Son (CNBC)

US police are testing Axon's Draft One, an AI tool that generates police reports directly from Axon's bodycam audio, with 75 officers in Colorado and elsewhere (Barbara Booth/CNBC)

Barbara Booth / CNBC: US police are testing Axon's Draft One, an AI tool that generates police reports directly from Axon's bodycam audio, with 75 officers in Colorado and elsewhere  —  With law enforcement focused on reducing crime rates and budget pressures, while recruiting and retaining staff …

Published: 2024-11-27 13:40:00

A look at the UK's planned Digital Markets Unit, which will regulate US tech companies under the DMCC, passed in May 2024, and have the power to halt any M&A (Ashley Rindsberg/Pirate Wires)

Ashley Rindsberg / Pirate Wires: A look at the UK's planned Digital Markets Unit, which will regulate US tech companies under the DMCC, passed in May 2024, and have the power to halt any M&A  —  london's digital markets, competition and consumers act gives regulators the power to stop any acquisition, anywhere, for basically any reason they want

Published: 2024-11-27 13:05:02

Sources: Guangzhou-based self-driving company Pony.AI raised $260M after pricing its US IPO at $13 per share, the top of the range, implying a ~$4.5B valuation (Bloomberg)

Bloomberg: Sources: Guangzhou-based self-driving company Pony.AI raised $260M after pricing its US IPO at $13 per share, the top of the range, implying a ~$4.5B valuation  —  - Guangzhou-headquartered company prices shares at $13 each  — Company is set to list American depositary shares Wednesday

Published: 2024-11-27 12:30:08

Sources: xAI plans to launch a consumer app as soon as next month; the Elon Musk-run startup build its Colossus data center, which houses 100K GPUs, in 122 days (Wall Street Journal)

Wall Street Journal: Sources: xAI plans to launch a consumer app as soon as next month; the Elon Musk-run startup build its Colossus data center, which houses 100K GPUs, in 122 days  —  The Tesla CEO is racing to make xAI, which launched after its competitors, the world's most advanced AI company

Published: 2024-11-27 12:05:01

Amsterdam-based Just Eat plans to delist from the London Stock Exchange on December 27 owing to the low liquidity, shifting to just an Amsterdam listing (Sarah Jacob/Bloomberg)

Sarah Jacob / Bloomberg: Amsterdam-based Just Eat plans to delist from the London Stock Exchange on December 27 owing to the low liquidity, shifting to just an Amsterdam listing  —  The Amsterdam-headquartered meal delivery firm intends to cancel its secondary listing from the London Stock Exchange to reduce the associated …

Published: 2024-11-27 11:40:14

Anthropic updates Claude to add custom writing styles tailored to users, aiming to personalize its replies, following similar ChatGPT and Gemini features (Jess Weatherbed/The Verge)

Jess Weatherbed / The Verge: Anthropic updates Claude to add custom writing styles tailored to users, aiming to personalize its replies, following similar ChatGPT and Gemini features  —  Anthropic is adding a new feature to its Claude AI assistant that will give users more control over how the chatbot responds to different writing tasks.

Published: 2024-11-27 11:25:03

IDC expects global smartphone shipments to rise 6.2% YoY to 1.24B units in 2024, with Android shipments growing 7.6% YoY and iPhone shipments growing 0.4% YoY (IDC)

IDC: IDC expects global smartphone shipments to rise 6.2% YoY to 1.24B units in 2024, with Android shipments growing 7.6% YoY and iPhone shipments growing 0.4% YoY  —  Worldwide smartphone shipments are forecast to grow 6.2% year-over-year in 2024 to 1.24 billion units, according …

Published: 2024-11-27 11:00:43

Singapore, which has clear AV guidelines, is deploying self-driving buses and more as a way to overcome labor shortages and use its scarce land more efficiently (Sandy Ong/Rest of World)

Sandy Ong / Rest of World: Singapore, which has clear AV guidelines, is deploying self-driving buses and more as a way to overcome labor shortages and use its scarce land more efficiently  —  The tiny country has embraced autonomous vehicles as a way to overcome labor shortages and use its scarce land more efficiently.

Published: 2024-11-27 10:30:00

Game console makers rethink selling more powerful machines, as performance improvements become less dramatic and consumers can't tell between 4K and 8K graphics (Bloomberg)

Bloomberg: Game console makers rethink selling more powerful machines, as performance improvements become less dramatic and consumers can't tell between 4K and 8K graphics  —  The human eye can't really tell the difference between 4K and 8K resolution.  —  Video game console manufacturers …

Published: 2024-11-27 09:55:01

Study: about 85% of US unicorn startups that have gone public were unprofitable in 2023, despite most having been founded more than fifteen years earlier (Jeffrey Funk/American Affairs Journal)

Jeffrey Funk / American Affairs Journal: Study: about 85% of US unicorn startups that have gone public were unprofitable in 2023, despite most having been founded more than fifteen years earlier  —  Financial losses for today's start-ups are much more common than they were decades ago, and the losses are much bigger.

Published: 2024-11-27 09:00:51

A look at the evolution of China's chip industry and Huawei under US export controls, as GPUs have become the new focal point of US-China tech competition (Paul Triolo/American Affairs Journal)

Paul Triolo / American Affairs Journal: A look at the evolution of China's chip industry and Huawei under US export controls, as GPUs have become the new focal point of US-China tech competition  —  Since I last wrote about China's responses to U.S. export controls in these pages, in February 2024, much has changed …

Published: 2024-11-27 07:45:00

Roblox is offering 25% more Robux for users buying on the web and via gift cards than those making an IAP via Apple's App Store or Google's Play Store (Ivan Mehta/TechCrunch)

Ivan Mehta / TechCrunch: Roblox is offering 25% more Robux for users buying on the web and via gift cards than those making an IAP via Apple's App Store or Google's Play Store  —  As scrutiny around Apple and Google's app store fees ramps up around the world, Roblox is now offering users who buy its game currency …

Published: 2024-11-27 07:35:01

Huawei's HarmonyOS NEXT in the Mate 70, 70 Pro, 70 Pro+, and X6 is its first fully self-developed mobile OS that reportedly doesn't use open-source Android code (Arjun Kharpal/CNBC)

Arjun Kharpal / CNBC: Huawei's HarmonyOS NEXT in the Mate 70, 70 Pro, 70 Pro+, and X6 is its first fully self-developed mobile OS that reportedly doesn't use open-source Android code  —  Huawei on Tuesday launched the Mate 70 series of smartphones that can run on the company's latest self-developed operating system …

Published: 2024-11-27 07:00:38

Sources: Elon Musk has given investors who backed his $44B Twitter acquisition 25% of the shares in xAI, which is set to close a $5B round at a $50B valuation (Financial Times)

Financial Times: Sources: Elon Musk has given investors who backed his $44B Twitter acquisition 25% of the shares in xAI, which is set to close a $5B round at a $50B valuation  —  Investors hit by losses following billionaire's takeover of social media platform reap rewards from shares in his AI start-up

Published: 2024-11-27 06:45:00