Michael Nuñez / VentureBeat:
Researchers find that GPT-4 outperforms human analysts in predicting future corporate earnings growth even when provided only with financial statements — Researchers from the University of Chicago have demonstrated that large language models (LLMs) can conduct financial statement analysis …
A look at the UK’s $5.5B gaming industry, as PE firm EQT makes a ~$2.8B purchase offer for Keyword Studios, and other developers shore up their balance sheets (Financial Times)
Financial Times:
A look at the UK’s $5.5B gaming industry, as PE firm EQT makes a ~$2.8B purchase offer for Keyword Studios, and other developers shore up their balance sheets — Developers shore up their balance sheets after a difficult few years — Pass the controller.
A closer look at Apple’s AI strategy: Project Greymatter, local and cloud LLM data processing, Siri, approach to the chatbot partnership with OpenAI, and more (Mark Gurman/Bloomberg)
Mark Gurman / Bloomberg:
A closer look at Apple’s AI strategy: Project Greymatter, local and cloud LLM data processing, Siri, approach to the chatbot partnership with OpenAI, and more — Though Apple’s first set of modern AI features won’t be as impressive as rival offerings, the company is betting that its massive customer base can give it an edge.
How Shein and Temu, which are spending billions on digital ads and offering steep discounts or free products, have become big threats to Amazon in the US (Louise Matsakis/Big Technology)
Louise Matsakis / Big Technology:
How Shein and Temu, which are spending billions on digital ads and offering steep discounts or free products, have become big threats to Amazon in the US — In the fall of 2020, Amazon looked unstoppable. The pandemic lockdowns had supercharged its e-commerce business …
Four of the top seven best-reviewed games on Metacritic in 2024, not counting remakes, are indies, with Animal Well and Balatro in the top three (Jason Schreier/Bloomberg)
Jason Schreier / Bloomberg:
Four of the top seven best-reviewed games on Metacritic in 2024, not counting remakes, are indies, with Animal Well and Balatro in the top three — Halfway through 2024, four of the top seven best-reviewed games, not counting remakes, are indies — Hi everyone.
IoT Analytics: Nvidia, whose Q1 data center revenue grew 427% YoY to $22.6B, has 90%+ market share for data center GPUs, as Intel and AMD scrap for second place (Nikkei Asia)
Nikkei Asia:
IoT Analytics: Nvidia, whose Q1 data center revenue grew 427% YoY to $22.6B, has 90%+ market share for data center GPUs, as Intel and AMD scrap for second place — Chipmakers eye AI ‘inferencing’ and PCs as new battlegrounds — PALO ALTO, California — Nvidia is on a roll …
Japanese chipmaker Rapidus plans to build and package chips in the same $32B fab in Hokkaido, setting the company apart from TSMC, Intel, and Samsung (Anton Shilov/AnandTech)
Anton Shilov / AnandTech:
Japanese chipmaker Rapidus plans to build and package chips in the same $32B fab in Hokkaido, setting the company apart from TSMC, Intel, and Samsung — To say that the global foundry market is booming right now would be an understatement. Demand for leading-edge process technologies driven …
SoftBank’s outlay for AI investments has more than doubled to $8.9B in the 12 months since Masayoshi Son said the firm was ready to go on the “counteroffensive” (David Keohane/Financial Times)
David Keohane / Financial Times:
SoftBank’s outlay for AI investments has more than doubled to $8.9B in the 12 months since Masayoshi Son said the firm was ready to go on the “counteroffensive” — Japanese group says it will ‘step up’ artificial intelligence outlays without stretching finances
LLMs aren’t sentient; they lack the physiological states required for sensations like hunger and pain, and thus can’t have subjective experiences of such states (TIME)
TIME:
LLMs aren’t sentient; they lack the physiological states required for sensations like hunger and pain, and thus can’t have subjective experiences of such states — Artificial general intelligence (AGI) is the term used to describe an artificial agent that is at least as intelligent as a human …
Filings: US pharmaceutical company Cencora notified ~500K individuals since learning about a data breach in February 2024 that exposed health diagnoses and more (Zack Whittaker/TechCrunch)
Zack Whittaker / TechCrunch:
Filings: US pharmaceutical company Cencora notified ~500K individuals since learning about a data breach in February 2024 that exposed health diagnoses and more — U.S. pharmaceutical giant Cencora says it is notifying affected individuals that their personal and highly sensitive medical information …
