Wall Street Journal:
Sources: French AI startup Mistral AI is nearing a deal to raise ~$600M at a $6B valuation, after raising $500M at a $2B+ valuation in December 2023 — Mistral AI is nearing a deal to raise funds at a $6 billion valuation—nearly tripling its level from six months ago.
In a blog post, Neuralink details a problem with its implant in patient Noland Arbaugh’s brain that reduced data collection after the implant’s threads came out (Wall Street Journal)
Wall Street Journal:
In a blog post, Neuralink details a problem with its implant in patient Noland Arbaugh’s brain that reduced data collection after the implant’s threads came out — Amount of data captured from the device declined, although the patient and the Elon Musk-owned company still staged a successful demonstration
Duolingo drops 10%+ after reporting DAUs up 55% YoY to 31.4M, above 31.1M est., gaining users at the slowest rate since Q3 2022, and revenue up 45% YoY to $168M (Gabriel Sanchez/Bloomberg)
Gabriel Sanchez / Bloomberg:
Duolingo drops 10%+ after reporting DAUs up 55% YoY to 31.4M, above 31.1M est., gaining users at the slowest rate since Q3 2022, and revenue up 45% YoY to $168M — – Shares fell as much as 16% after user growth failed to impress — Higher-priced subscription tier, new family plan drive sales
Hands-on with LinkedIn’s new games Pinpoint, Crossclimb, and Queens: shamelessly following the NYT’s formula, all three take ~10 minutes, and they are very fun (David Pierce/The Verge)
David Pierce / The Verge:
Hands-on with LinkedIn’s new games Pinpoint, Crossclimb, and Queens: shamelessly following the NYT’s formula, all three take ~10 minutes, and they are very fun — I almost didn’t get Pinpoint this morning. … I’m kidding! But I have to admit something: I’ve been going on LinkedIn every day recently, and I’m having a great time.
Baidu VP Qu Jing posted several videos on Douyin demeaning staff, intended to promote Baidu, that reignited criticism of Chinese tech companies’ work culture (Financial Times)
Financial Times:
Baidu VP Qu Jing posted several videos on Douyin demeaning staff, intended to promote Baidu, that reignited criticism of Chinese tech companies’ work culture — Baidu’s public relations head tells staff she can ruin careers and needs them to work constantly in series of social media videos
Binance sources and documents: internal investigators, dismissed in late 2023, found evidence of market manipulation by DWF Labs and secret trading accounts (Wall Street Journal)
Wall Street Journal:
Binance sources and documents: internal investigators, dismissed in late 2023, found evidence of market manipulation by DWF Labs and secret trading accounts — Former company insiders say the firing of an internal investigator showed that the crypto exchange neglected evidence of market manipulation.
Some Singaporean writers are resisting their government’s request to use their works to train a multilingual LLM, citing little clarity on compensation and more (Nicholas Yong/Rest of World)
Nicholas Yong / Rest of World:
Some Singaporean writers are resisting their government’s request to use their works to train a multilingual LLM, citing little clarity on compensation and more — Singapore’s literary community is pushing back against an official effort to train LLMs using their published works, part of a growing global resistance.
Huawei Pura 70 Pro teardown: the 7nm Kirin 9010 is only marginally better than Kirin 9000S, and the majority of the chips are designed and manufactured in China (Shahram Mokhtari/iFixit News)
Shahram Mokhtari / iFixit News:
Huawei Pura 70 Pro teardown: the 7nm Kirin 9010 is only marginally better than Kirin 9000S, and the majority of the chips are designed and manufactured in China — Huawei released the Pura 70 line of smartphones in April 2024 and it’s already made a bit of a stir.
SIA and BCG: by 2032, the US will have the capacity to manufacture 28% of chips below 10nm, while China is expected to make only 2% of the most advanced chips (Nikkei Asia)
Nikkei Asia:
SIA and BCG: by 2032, the US will have the capacity to manufacture 28% of chips below 10nm, while China is expected to make only 2% of the most advanced chips — U.S. set to triple its semiconductor manufacturing capacity due to CHIPS Act — LOS ANGELES — The U.S. is set to more than triple …
Town hall: Xbox Game Studios head Matt Booty discussed wanting small and prestigious games, after closing the studio behind a small, prestigious hit Hi-Fi Rush (Ash Parrish/The Verge)
Ash Parrish / The Verge:
Town hall: Xbox Game Studios head Matt Booty discussed wanting small and prestigious games, after closing the studio behind a small, prestigious hit Hi-Fi Rush — Today, one day after Microsoft announced that it would shut down four of its games studios, Matt Booty, head of Xbox Game Studios …
