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Thu, 30 Jan 2025 12:30:03 -0500
OpenAI says the US National Laboratories will use its o1 models for research; it will work with Microsoft to deploy a model on Los Alamos' Venado supercomputer (Hayden Field/CNBC)
Meta reports Q4 revenue up 21% YoY to $48.4B, net income up 49% YoY to $20.8B, and family daily active people up 5% YoY to 3.35B on average for December 2024 (Meta) + RELATED
Meta reports Q4 revenue up 21% YoY to $48.4B, net income up 49% YoY to $20.8B, and family daily active people up 5% YoY to 3.35B on average for December 2024 (Meta)
Mark Zuckerberg says he wants to make Facebook "way more culturally influential than it is today" and he is focused on returning to "OG Facebook" in 2025 (Ryan Christoffel/9to5Mac)
Mark Zuckerberg says spending heavily on AI infrastructure is a "strategic advantage" and vows Meta will invest "hundreds of billions" in AI over the long term (Charles Rollet/TechCrunch)
Microsoft reports Q2 revenue up 12% YoY to $69.6B, Microsoft 365 Commercial products and cloud services revenue up 15% YoY, and net income up 10% YoY to $24.1B (Microsoft) + RELATED
Microsoft reports Q2 revenue up 12% YoY to $69.6B, Microsoft 365 Commercial products and cloud services revenue up 15% YoY, and net income up 10% YoY to $24.1B (Microsoft)
Microsoft's stock fell 5%+ after saying it expects revenues for the current quarter to range between $67.7B and $68.7B, compared to $69.78B est. (Samantha Subin/CNBC)
Microsoft reports Q2 Intelligent Cloud revenue up 19% YoY to $25.5B, vs. $25.8B est., with Azure and other cloud services revenue up 31%, down from 33% in Q1 (Jordan Novet/CNBC)
Satya Nadella says Microsoft's AI business has surpassed an annual revenue run rate of $13B, up 175% YoY, as the company faces new scrutiny over AI spending (Todd Bishop/GeekWire)
Microsoft Q2: Windows OEM and Devices revenue up 4% YoY, gaming revenue down 7%, Xbox hardware revenue down 29%, and Xbox content and services revenue up 2% (Jay Peters/The Verge)
Microsoft reports Q2 LinkedIn revenue up 9% YoY, and Satya Nadella says that LinkedIn passed a record $2B in Premium subscriptions revenue in the last 12 months (Ingrid Lunden/TechCrunch)
Microsoft unveils Intel-powered Surface Pro 11 and Surface Laptop 7 for businesses, both Copilot+ PCs, starting at $1,500, or $500 more than Qualcomm variants (Tom Warren/The Verge) + RELATED
Microsoft unveils Intel-powered Surface Pro 11 and Surface Laptop 7 for businesses, both Copilot+ PCs, starting at $1,500, or $500 more than Qualcomm variants (Tom Warren/The Verge)
Microsoft makes OpenAI's o1 model, branded as "Think Deeper", free for all Copilot users, after launching o1 in October 2024 as a paid Copilot Pro feature (Tom Warren/The Verge)
Wiz: DeepSeek left one of its critical databases exposed, leaking more than 1M records including system logs, user prompt submissions, and users' API keys (Wired)
Europol and German law enforcement arrest two suspects and seize 17 servers to take down Cracked and Nulled, two of the largest hacking forums with 10M+ users (Sergiu Gatlan/BleepingComputer)
Meta agrees to pay ~$25M to settle Trump's 2021 lawsuit against Meta and Mark Zuckerberg after the company suspended his accounts following the January 6 riot (Wall Street Journal)
Sources: SoftBank is in talks to invest $15B to $25B in OpenAI on top of its $15B+ commitment to Stargate; the deal would make SoftBank OpenAI's biggest backer (Financial Times)
Mistral launches Small 3, a latency-optimized 24B-parameter model that it says is competitive with larger models such as Llama 3.3 70B or Qwen 32B (Mistral AI)
Vodafone makes "the world's first" satellite video call using a standard smartphone via SpaceMobile satellites; the service is set to launch in Europe in 2025 (Dominic Preston/The Verge)
Threads adds a dedicated media tab globally for photos and video, days after X and Bluesky added video tabs, and will let users tag people in photos (Aisha Malik/TechCrunch)
Microsoft adds DeepSeek's R1 to Azure AI Foundry and GitHub, and plans to make a distilled, smaller version of R1 available to run locally on Copilot+ PCs soon (Tom Warren/The Verge)
An interview with Bill Gates on his memoir, "Source Code: My Beginnings", social media, crypto, AI, billionaires, tax, Trump, his parents, Microsoft, and more (David Streitfeld/New York Times)
Mexican President Claudia Sheinbaum writes to Google arguing that Maps should not accept Trump's decision to rename the Gulf of Mexico as the Gulf of America (Stephen Eisenhammer/Reuters)
Sam Altman briefed US policymakers on the need to invest heavily in physical infrastructure with Stargate to support AI development, citing the rise of DeepSeek (Mackenzie Hawkins/Bloomberg)
Google announces new Gemini features for Google Sheets, letting Workspace users ask Gemini to generate static charts, analyze data, and more (Google Workspace Updates)
Motif, which is building cloud-native 3D computer-aided architecture design tools with AI features, raised $46M in seed and Series A funding (Marina Temkin/TechCrunch)
Court filing: Elon Musk, seeking to dismiss Don Lemon's lawsuit, blames an "invasive and charged interview" for canceling Lemon's $1.5M partnership with X (Kurt Wagner/Bloomberg)
Documents: in the Biden administration's final days, the FTC sent info demands to Uber and Lyft, as it probes whether they coordinated to limit NYC driver pay (Bloomberg)
Fairshake, the crypto super PAC bankrolled by Coinbase, a16z, and others, says it has $116M in cash on hand aimed at the 2026 midterm election cycle (MacKenzie Sigalos/CNBC)
The US DOJ sues to block HPE's $14B acquisition of Juniper Networks, arguing the deal would harm competition in the enterprise wireless equipment (Bloomberg)
AI audio startup ElevenLabs raised a $180M Series C co-led by a16z and ICONIQ Growth at a $3.3B post-money valuation, taking its total funding to $281M (TechCrunch)
Cybersecurity firms Netskope and Armis say "hundreds" of companies and government agencies globally are moving to block DeepSeek due to data leak concerns (Bloomberg)
Mistral AI, seen as Europe's great hope for AI, is losing ground to US rivals and being overshadowed by DeepSeek; sources say its ARR is in the tens of millions (Financial Times)
French startup Formance, which offers an open source, programmable financial ledger and other services, raised a $21M Series A co-led by PayPal and Portage (Romain Dillet/TechCrunch)
The Argonne National Laboratory says its Aurora supercomputer is now fully operational and available to researchers, offering over 1 FP64 exaFLOPS performance (Anton Shilov/Tom's Hardware)
Samsung Galaxy S25 Ultra review: excellent screen, performance, and battery life, slimmer bezels, and new 50MP UW sensor, but no S Pen Air actions and pricey (Sam Rutherford/Engadget)
How Epic is transforming Fortnite into a content platform, paying $350M to creators in 2024; 36.5% of the total playtime was spent in games made by creators (Julia Alexander/Posting Nexus)
NewsGuard: with news-related prompts, DeepSeek's chatbot repeated false claims 30% of the time and provided non-answers 53% of the time, giving an 83% fail rate (NewsGuard's Reality Check)
A look at FathomVerse, a mobile game that helps scientists identify deep sea creatures by using players' contributions to train AI for underwater robots (Todd Woody/Bloomberg)
STMicro reports Q4 revenue down 22.4% YoY to $3.32B, net income down 68.3% YoY to $341M, and projects Q1 revenue down 27.6% YoY to $2.51B, below $2.72B est. (Reuters)
During his confirmation hearing for Secretary of Commerce, Howard Lutnick called the CHIPS Act an "excellent down payment" but pledged to review binding awards (Mackenzie Hawkins/Bloomberg)
Trump Media unveils fintech brand Truth.Fi with an investment of up to $250M, which can be allocated to various investments, like bitcoin and other crypto (Zaheer Kachwala/Reuters)
IBM reports Q4 revenue up 1% YoY to $17.6B, vs. $17.5B est., bookings for AI consulting and software crossed $5B, up from $3B in Q3; IBM jumps 12%+ (Brody Ford/Bloomberg)
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