Hayden Field / CNBC:
Amazon will remain a minority investor in Anthropic even as new funding brings its total investment to $8B; Amazon doesn’t have a seat on Anthropic’s board — Amazon on Friday announced it would invest an additional $4 billion in Anthropic, the artificial intelligence startup founded by ex-OpenAI research executives.
Indian quick grocery delivery startup Zepto raises $350M at the same $5B valuation as its $340M raise in August; it has raised $1.35B since June 2024 (Manish Singh/TechCrunch)
Manish Singh / TechCrunch:
Indian quick grocery delivery startup Zepto raises $350M at the same $5B valuation as its $340M raise in August; it has raised $1.35B since June 2024 — Zepto has secured $350 million in new funding, its third round of financing in six months, as the Indian quick-commerce startup strengthens …
SCOTUS dismisses Facebook’s appeal of a lower court order reviving a shareholder lawsuit for allegedly misleading investors on Cambridge Analytica (Melissa Quinn/CBS News)
Melissa Quinn / CBS News:
SCOTUS dismisses Facebook’s appeal of a lower court order reviving a shareholder lawsuit for allegedly misleading investors on Cambridge Analytica — Washington — The Supreme Court on Friday dismissed Facebook’s appeal of a lower court order reviving a shareholder lawsuit brought …
Threads is testing AI-powered summaries of what users are discussing in the app’s Trending Now section in the US, and improvements to Search and Trending Now (Mia Sato/The Verge)
Mia Sato / The Verge:
Threads is testing AI-powered summaries of what users are discussing in the app’s Trending Now section in the US, and improvements to Search and Trending Now — Meta is promising “long-overdue improvements” to its X competitor, Threads, including more precise search features and expanded trending topics.
Anthropic raised an additional $4B from Amazon, will make AWS its primary cloud partner, and is working with Annapurna Labs to develop new Trainium accelerators (Kyle Wiggers/TechCrunch)
Kyle Wiggers / TechCrunch:
Anthropic raised an additional $4B from Amazon, will make AWS its primary cloud partner, and is working with Annapurna Labs to develop new Trainium accelerators — Anthropic, OpenAI’s close rival, has raised an additional $4 billion from Amazon, and has agreed to make Amazon Web Services …
Three Nvidia customers spent a collective $12.6B in Q3, when it had a total revenue of $35.1B; each of them spent $10B+ in the nine months to October (Christiaan Hetzner/Fortune)
Christiaan Hetzner / Fortune:
Three Nvidia customers spent a collective $12.6B in Q3, when it had a total revenue of $35.1B; each of them spent $10B+ in the nine months to October — Nvidia founder and CEO Jensen Huang doesn’t have any real competition in the market for AI training chips. — MADS CLAUS RASMUSSEN—RITZAU SCANPIX/AFP VIA GETTY IMAGES
The EU closes a four-year long investigation into Apple’s rules for e-book and audiobook app developers after the complainant withdrew its complaint (Foo Yun Chee/Reuters)
Foo Yun Chee / Reuters:
The EU closes a four-year long investigation into Apple’s rules for e-book and audiobook app developers after the complainant withdrew its complaint — EU antitrust regulators on Friday closed a four-year long investigation into Apple’s (AAPL.O) rules for competing e-book and audiobook apps developers …
Microsoft President Brad Smith calls on Donald Trump to “push harder” against cyberattacks from Russia, China, and Iran amid a wave of state-sponsored hacks (Tim Bradshaw/Financial Times)
Tim Bradshaw / Financial Times:
Microsoft President Brad Smith calls on Donald Trump to “push harder” against cyberattacks from Russia, China, and Iran amid a wave of state-sponsored hacks — Big Tech group’s president calls on new US administration to take tougher approach on state-sponsored cyber attacks
A UK CMA report finds that Apple’s policies hold back innovation in mobile browsers and recommends investigating Apple and Google’s mobile ecosystems (Tim Hardwick/MacRumors)
Tim Hardwick / MacRumors:
A UK CMA report finds that Apple’s policies hold back innovation in mobile browsers and recommends investigating Apple and Google’s mobile ecosystems — Apple’s restrictions on mobile browsers are limiting innovation and holding back new features that could benefit iPhone users …
Filing: Japanese chipmaker Kioxia plans its Tokyo Stock Exchange debut on December 18 and sets its indicative IPO price at about $9 per share to raise ~$180M (Yuki Furukawa/Bloomberg)
Yuki Furukawa / Bloomberg:
Filing: Japanese chipmaker Kioxia plans its Tokyo Stock Exchange debut on December 18 and sets its indicative IPO price at about $9 per share to raise ~$180M — – Former Toshiba memory unit nears listing after multiple delays — Company needs to invest more to catch up to Samsung in NAND
