Nikkei Asia:
Sources: Arm plans to set up an AI chip division, aiming to build a prototype by spring 2025, with mass production expected to start later in the year — CEO Son seeks to invest $64bn, including in data centers and robotics — TOKYO/LONDON — SoftBank Group subsidiary Arm will foray …
What to expect at Google I/O 2024: Android 15 updates, more generative AI features for Google’s apps, a new Gemini-powered “Pixie” digital assistant, and more (Wes Davis/The Verge)
Wes Davis / The Verge:
What to expect at Google I/O 2024: Android 15 updates, more generative AI features for Google’s apps, a new Gemini-powered “Pixie” digital assistant, and more — Google is preparing to hold its annual Google I/O developer conference next week, and naturally, it will be all about AI.
Q&A with Linda Moore, the CEO of TechNet, which represents OpenAI, Apple, and others, about the 400+ AI bills proposed across the US, tech backlash, and more (Reed Albergotti/Semafor)
Reed Albergotti / Semafor:
Q&A with Linda Moore, the CEO of TechNet, which represents OpenAI, Apple, and others, about the 400+ AI bills proposed across the US, tech backlash, and more — The Scene — While Congress is talking a lot about artificial intelligence but doing little to regulate it …
Ofcom’s draft Children’s Safety Code of Practice’s emphasis on kids choosing protective tools rather than safety by design and default is not ambitious enough (Beeban Kidron/Financial Times)
Beeban Kidron / Financial Times:
Ofcom’s draft Children’s Safety Code of Practice’s emphasis on kids choosing protective tools rather than safety by design and default is not ambitious enough — Tech companies have been wilfully ignoring the protection of the young for decades — The writer is a crossbench peer and expert on digital regulation
The demand for AI chips is driving fierce competition among HBM chipmakers, as Samsung and Micron race to catch up to SK Hynix, which has over 52% market share (Nikkei Asia)
Nikkei Asia:
The demand for AI chips is driving fierce competition among HBM chipmakers, as Samsung and Micron race to catch up to SK Hynix, which has over 52% market share — Demand for high-bandwidth memory is driving competition — and prices — higher — SEOUL/TAIPEI/SAN JOSE, Calif. …
Filing: Indian e-commerce startup Meesho, which has ~150M transacting users, raised $275M, sources say at a $3.9B valuation as part of an ongoing $500M+ round (Manish Singh/TechCrunch)
Manish Singh / TechCrunch:
Filing: Indian e-commerce startup Meesho, which has ~150M transacting users, raised $275M, sources say at a $3.9B valuation as part of an ongoing $500M+ round — Meesho, a leading e-commerce startup in India with about 150 million transacting users, has secured $275 million in a new funding round …
Meituan, Alibaba, Tencent, and other Chinese tech companies are working to expand in Saudi Arabia and the UAE, where they would face less political scrutiny (Financial Times)
Financial Times:
Meituan, Alibaba, Tencent, and other Chinese tech companies are working to expand in Saudi Arabia and the UAE, where they would face less political scrutiny — Companies would face less political scrutiny in a region where ties are mainly centred around economic interests
How United, Alaska Airlines, American Airlines, and others use AI to reduce costs and streamline operations, including holding flights for delayed passengers (Julie Weed/New York Times)
Julie Weed / New York Times:
How United, Alaska Airlines, American Airlines, and others use AI to reduce costs and streamline operations, including holding flights for delayed passengers — Airlines are using artificial intelligence to save fuel, keep customers informed and hold connecting flights for delayed passengers.
At the Bloomberg Technology Summit, Bumble founder Whitney Wolfe Herd said the future of dating could have digital, AI-powered personas setting each other up (Daysia Tolentino/NBC News)
Daysia Tolentino / NBC News:
At the Bloomberg Technology Summit, Bumble founder Whitney Wolfe Herd said the future of dating could have digital, AI-powered personas setting each other up — Whitney Wolfe Herd, founder and executive chair of Bumble, said that the dating app wants to use AI to “create more healthy and equitable relationships.”
Appfigures: Anthropic’s Claude now ranks #51 in the top free iPhone Productivity apps in the US, down from rank #5 in this category, which it achieved on May 4 (Sarah Perez/TechCrunch)
Sarah Perez / TechCrunch:
Appfigures: Anthropic’s Claude now ranks #51 in the top free iPhone Productivity apps in the US, down from rank #5 in this category, which it achieved on May 4 — Consumer demand for mobile AI chatbot apps outside of ChatGPT may be waning. Earlier this month, Anthropic launched …
