Les Pounder / Tom’s Hardware:
Raspberry Pi launches a Raspberry Pi 5 with 2GB of RAM for $50, alongside the existing 4GB model for $60 and 8GB for $80, and may release a future 1GB model — Will a $50 Raspberry Pi 5 2GB be enough? — The Raspberry Pi 5 is still the single board computer against which all others are measured …
Procreate CEO James Cuda says the iPad illustration app is “not going to be introducing any generative AI into our products”, drawing praise from creatives (Jess Weatherbed/The Verge)
Jess Weatherbed / The Verge:
Procreate CEO James Cuda says the iPad illustration app is “not going to be introducing any generative AI into our products”, drawing praise from creatives — Many Procreate users can breathe a sigh of relief now that the popular iPad illustration app has taken a definitive stance against generative AI.
Source: GM is cutting over 1,000 software engineers, including 600+ in Michigan, as the automaker moves to lean up its software and services organization (David Welch/Bloomberg)
David Welch / Bloomberg:
Source: GM is cutting over 1,000 software engineers, including 600+ in Michigan, as the automaker moves to lean up its software and services organization — – Job reductions follow company push to bolster digital prowess — Company has faced technology glitches in Blazer, Lyriq models
Girls In Tech, Women Who Code, and other groups that aimed to diversify Silicon Valley are closing or rebranding to stay afloat, as critics attack DEI efforts (Washington Post)
Washington Post:
Girls In Tech, Women Who Code, and other groups that aimed to diversify Silicon Valley are closing or rebranding to stay afloat, as critics attack DEI efforts — Groups like Girls In Tech and Women Who Code promised to attract women and people of color to the tech industry.
After Google’s antitrust loss, what comes next is not clear, besides the court ordering Google to stop or reduce TAC payments; Apple may build its own search (Benedict Evans)
Benedict Evans:
After Google’s antitrust loss, what comes next is not clear, besides the court ordering Google to stop or reduce TAC payments; Apple may build its own search — A search engine is a vast mechanical Turk – a reinforcement learning engine that uses human activity to understand the web.
AMD agrees to buy New Jersey-based ZT Systems, founded in 1994 to design and make servers, server racks, and other infrastructure, for $4.9B, closing in H1 2025 (Asa Fitch/Wall Street Journal)
Asa Fitch / Wall Street Journal:
AMD agrees to buy New Jersey-based ZT Systems, founded in 1994 to design and make servers, server racks, and other infrastructure, for $4.9B, closing in H1 2025 — ZT Systems produces servers, other equipment used in data centers for artificial intelligence
In Q2, Walmart said its ad business grew 30% in the past year; eMarketer says Walmart will claim 6.8% of 2024 US retail media spending, for $3.7B in ad revenue (Gregory Meyer/Financial Times)
Gregory Meyer / Financial Times:
In Q2, Walmart said its ad business grew 30% in the past year; eMarketer says Walmart will claim 6.8% of 2024 US retail media spending, for $3.7B in ad revenue — A high-margin and fast-growing ad business is changing the chain’s relationship with brands — Walmart last week reported rising sales …
Carta: 254 of its VC-backed clients went bust in Q1 2024 and the startup bankruptcy rate is over 7x that of 2019, as funds raised in the 2021-2022 boom run out (George Hammond/Financial Times)
George Hammond / Financial Times:
Carta: 254 of its VC-backed clients went bust in Q1 2024 and the startup bankruptcy rate is over 7x that of 2019, as funds raised in the 2021-2022 boom run out — Private company shutdowns jump compared with last year despite AI funding frenzy, threatening millions of jobs at VC-backed firms
Roblox has grown rapidly and consistently since 2018 and now sees an estimated average of 80M+ daily and 380M+ monthly users, over 2x that of Steam or Minecraft (Matthew Ball/MatthewBall.co)
Matthew Ball / MatthewBall.co:
Roblox has grown rapidly and consistently since 2018 and now sees an estimated average of 80M+ daily and 380M+ monthly users, over 2x that of Steam or Minecraft — Everyone knows Roblox is huge. But as COVID receded into memory, Roblox shifted from “new” to “familiar,” …
FOI docs: water consumption by data centers in Virginia, home to world’s largest cluster of data centers, reached 1.85B+ gallons in 2023, up from 1.13B in 2019 (Camilla Hodgson/Financial Times)
Camilla Hodgson / Financial Times:
FOI docs: water consumption by data centers in Virginia, home to world’s largest cluster of data centers, reached 1.85B+ gallons in 2023, up from 1.13B in 2019 — Usage has increased by almost two-thirds since 2019 in the world’s largest concentration of computing infrastructure