Sarah Perez / TechCrunch:
YouTube unveils Shorts updates, including letting creators upload three-minute videos, updating the Shorts player, introducing templates, and a new trends page — YouTube on Thursday announced a series of updates for its short-form video product, YouTube Shorts.
Black Forest Labs, whose Flux.1 model powers Grok’s image generator, launches an API in beta and its latest image generation model Flux1.1 Pro (Kyle Wiggers/TechCrunch)
Kyle Wiggers / TechCrunch:
Black Forest Labs, whose Flux.1 model powers Grok’s image generator, launches an API in beta and its latest image generation model Flux1.1 Pro — Black Forest Labs, the Andreessen Horowitz-backed startup behind the image generation model in xAI’s Grok assistant, has launched an API in beta — and released a new model.
Source: on top of the $6.6B in funding, OpenAI got a $4B revolving line of credit from JPMorgan Chase, Citi, and others, bringing its total liquidity to $10B+ (Hayden Field/CNBC)
Hayden Field / CNBC:
Source: on top of the $6.6B in funding, OpenAI got a $4B revolving line of credit from JPMorgan Chase, Citi, and others, bringing its total liquidity to $10B+ — OpenAI has a $4 billion revolving line of credit, bringing its total liquidity to more than $10 billion, CNBC has learned.
PayPal completes its first business payment using its proprietary PYUSD stablecoin, paying an E&Y invoice on September 23 via SAP’s digital currency hub (Paige Smith/Bloomberg)
Paige Smith / Bloomberg:
PayPal completes its first business payment using its proprietary PYUSD stablecoin, paying an E&Y invoice on September 23 via SAP’s digital currency hub — SAP’s platform, known as the digital currency hub, allows enterprises to send and receive digital payments instantly, around the clock.
Uber partners to use Avride’s sidewalk robots for Eats in Austin now and in Dallas and Jersey City later in 2024, and Avride’s autonomous cars in Dallas in 2025 (Andrew J. Hawkins/The Verge)
Andrew J. Hawkins / The Verge:
Uber partners to use Avride’s sidewalk robots for Eats in Austin now and in Dallas and Jersey City later in 2024, and Avride’s autonomous cars in Dallas in 2025 — Uber expanded its cohort of autonomous vehicle partners today with the addition of Avride, formerly known as Yandex Self-Driving Group.
Google expands conversational AI voice chat Gemini Live’s language support to French, German, Portuguese, Hindi, and Spanish, after launching in English (Allison Johnson/The Verge)
Allison Johnson / The Verge:
Google expands conversational AI voice chat Gemini Live’s language support to French, German, Portuguese, Hindi, and Spanish, after launching in English — Google initially rolled out Gemini Live, its conversational AI voice chat, in just one language: English.
Spotify launches Offline Backup, a playlist of downloaded songs that users recently listened to, available automatically for Premium users (Ivan Mehta/TechCrunch)
Ivan Mehta / TechCrunch:
Spotify launches Offline Backup, a playlist of downloaded songs that users recently listened to, available automatically for Premium users — Spotify introduced a new feature today called Offline Backup. This feature for premium users is essentially a list of songs you recently listened to and that you can consume offline.
Analysis: Nvidia execs and directors have sold nearly 11M shares, worth $1.8B+, in 2024 so far, the most since at least 2020; there are 24.5B outstanding shares (Bloomberg)
Bloomberg:
Analysis: Nvidia execs and directors have sold nearly 11M shares, worth $1.8B+, in 2024 so far, the most since at least 2020; there are 24.5B outstanding shares — – Executives, directors have unloaded 11 million shares in 2024 — Director Stevens filed to sell an additional 3 million shares
Oura unveils the $349+ Oura Ring 4, with a slimmer design, improved accuracy, and more sizes, shipping October 15, and completely redesigns the Oura app (Victoria Song/The Verge)
Victoria Song / The Verge:
Oura unveils the $349+ Oura Ring 4, with a slimmer design, improved accuracy, and more sizes, shipping October 15, and completely redesigns the Oura app — Oura is giving its popular smart ring and app a substantial makeover. The company just announced the $349 Oura Ring 4 …
Barcelona-based Submer, which submerges data center server racks in its proprietary coolant, raised a $55.5M Series C at a ~$500M post-money valuation (Ingrid Lunden/TechCrunch)
Ingrid Lunden / TechCrunch:
Barcelona-based Submer, which submerges data center server racks in its proprietary coolant, raised a $55.5M Series C at a ~$500M post-money valuation — The race is on for better chips and data center capacity to handle AI workloads, but all that activity comes with a catch.
