Joyce Lee / Reuters:
South Korean AI chip makers Rebellions and Sapeon agree to merge; Rebellions has raised $225M+ and Sapeon’s shareholders include SK Telecom and SK Hynix — South Korean artificial-intelligence chip makers Rebellions Inc and Sapeon Korea Inc have signed a definitive merger agreement, the privately held companies said on Sunday.
Dating apps are struggling as users seek organic ways to meet; Match Group reported a decline in the total number of paying users for seven straight quarters (Edward Helmore/The Guardian)
Edward Helmore / The Guardian:
Dating apps are struggling as users seek organic ways to meet; Match Group reported a decline in the total number of paying users for seven straight quarters — Online dating industry in crisis as shares fall and nearly half of all users report negative experiences on the apps
An interview with Palantir CEO Alex Karp on co-founding the company, autonomous weapons systems, AI, supporting Kamala Harris, Silicon Valley critics, and more (Maureen Dowd/New York Times)
Maureen Dowd / New York Times:
An interview with Palantir CEO Alex Karp on co-founding the company, autonomous weapons systems, AI, supporting Kamala Harris, Silicon Valley critics, and more — · 41:48 min Learn more — Alex Karp never learned to drive. — “I was too poor,” he said. “And then I was too rich.”
Runway debuts Gen-3 Alpha Turbo, a faster and cheaper model than Gen-3 Alpha, capable of generating 5- or 10-second-long video clips, available for all plans (Carl Franzen/VentureBeat)
Carl Franzen / VentureBeat:
Runway debuts Gen-3 Alpha Turbo, a faster and cheaper model than Gen-3 Alpha, capable of generating 5- or 10-second-long video clips, available for all plans — After showing it off in preview late last month, Runway has officially released Gen-3 Alpha Turbo, the latest version …
X says it’s closing its operations in Brazil, claiming a judge threatened arrest if X didn’t comply with “censorship orders”; the service remains available (Anthony Ha/TechCrunch)
Anthony Ha / TechCrunch:
X says it’s closing its operations in Brazil, claiming a judge threatened arrest if X didn’t comply with “censorship orders”; the service remains available — X, the social media platform formerly known as Twitter, said today that it’s ending operations in Brazil …
Nancy Pelosi issues a statement in opposition to California’s AI safety bill, saying it’s “well-intentioned but ill-informed” and “more harmful than helpful” (Representative Nancy Pelosi)
Representative Nancy Pelosi:
Nancy Pelosi issues a statement in opposition to California’s AI safety bill, saying it’s “well-intentioned but ill-informed” and “more harmful than helpful” — San Francisco – Speaker Emerita Nancy Pelosi issued this statement in opposition to California Senate Bill 1047:
A profile of Anthony Tan, the solo developer of Way to the Woods, a game that received Epic Games funding and remains unreleased nine years after its conception (Jackson Ryan/New York Times)
Jackson Ryan / New York Times:
A profile of Anthony Tan, the solo developer of Way to the Woods, a game that received Epic Games funding and remains unreleased nine years after its conception — Anthony Tan was 16 when his idea for a video game about a deer caught the industry’s eye. Nine years later, he’s still working on it.
Ericsson to sell its network portability and data exchange services unit Iconectiv to Koch Equity Development for $1B; the deal is expected to close in H1 2025 (Lynn Doan/Bloomberg)
Lynn Doan / Bloomberg:
Ericsson to sell its network portability and data exchange services unit Iconectiv to Koch Equity Development for $1B; the deal is expected to close in H1 2025 — – Ericsson has been working to cut costs amid challenging market — Koch Industries has long been a huge investor in tech firms
A YouTuber files a proposed class action against Nvidia, accusing it of scraping his content without consent to train AI models, weeks after also suing OpenAI (Justin Bachman/Legal Dive)
Justin Bachman / Legal Dive:
A YouTuber files a proposed class action against Nvidia, accusing it of scraping his content without consent to train AI models, weeks after also suing OpenAI — A video creator alleges that the companies scraped his videos, and millions of others, without permission to help train their generative AI learning models.
Amount, which provides digital lending services for credit unions and banks, raised $30M from Curql, Goldman Sachs, WestCap, Hanaco Ventures, QED, and others (PYMNTS.com)
PYMNTS.com:
Amount, which provides digital lending services for credit unions and banks, raised $30M from Curql, Goldman Sachs, WestCap, Hanaco Ventures, QED, and others — Banking technology firm Amount has raised $30 million to expand into the credit union sector. — Amount announced …