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techmeme

US business schools are racing to prepare students to become chief AI officers, even as companies are still figuring out what the newest C-suite role entails (Rthvika Suvarna/Bloomberg)

industry
about 1 month ago▲ 24
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TM
techmeme

Global central banks are pushing CBDCs to defend monetary sovereignty against USD stablecoins, but are struggling to find demand for the digital currencies (Jonathan Levin/Bloomberg)

industry
about 1 month ago▲ 24
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TM
techmeme

A look at the collapse of Zondacrypto, Eastern and Central Europe's biggest crypto exchange, which went dark in April and is facing money laundering allegations (Andrew Higgins/New York Times)

industry
about 1 month ago▲ 24
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TM
techmeme

Oxford Economics: US corporate spending on equipment and facilities is set to rise 40% between 2021 and 2027, over 3x faster than Europe, driven by the AI race (Financial Times)

industry
about 1 month ago▲ 24
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TM
techmeme

New Zealand plans a bill to ban social media for under-16s, requiring "high risk" platforms to check user ages or face penalties of up to 10% of global revenue (Tracy Withers/Bloomberg)

industry
about 1 month ago▲ 24
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TM
techmeme

Source: AI researcher Luke Metz, who returned to OpenAI from TML earlier this year, joins Meta's Superintelligence Labs and will report to Alexandr Wang (Ina Fried/Axios)

industry
about 1 month ago▲ 24
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TM
techmeme

Sources: Nvidia is in talks to invest in Perplexity valuing it at $30B+, after weighing a tech licensing deal and staff hires, as Perplexity hits $750M+ in ARR (The Information)

industry
about 1 month ago▲ 24
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TM
techmeme

Sources: Shein voluntarily sought the US Treasury's CFIUS national security review of its $80M deal to buy US clothing retailer Everlane, an unusual move (Kate O'Keeffe/Bloomberg)

industry
about 1 month ago▲ 24
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TM
techmeme

At Beijing's World Humanoid Robot Games, a robot made by Honor ran 100m in 9.39s, and another Chinese robot finished 400m in 38.16s, both beating human records (Telegraph)

industry
about 1 month ago▲ 24
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TM
techmeme

SoftBank plans a $6.3B retail bond sale, a record for any Japanese issuer and its third this year, as the conglomerate raises funds for its OpenAI commitments (Bloomberg)

industry
about 1 month ago▲ 24
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TM
techmeme

A look at the playbook tech giants like Google, Microsoft, and OpenAI use to shape American schools to their benefit, and the pushback against unproven AI tools (Natasha Singer/New York Times)

industry
about 1 month ago▲ 24
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TM
techmeme

Trump says communities that oppose data centers are "making a mistake" as they create "tremendous amounts of jobs and money", amid bipartisan backlash (Rebecca Falconer/Axios)

industry
about 1 month ago▲ 24
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TM
techmeme

Filing: Shein will debut on the Hong Kong exchange on Sept. 1, seeking up to $1.8B in its IPO with Goldman Sachs, Morgan Stanley, and JPMorgan as joint sponsors (Julia Fioretti/Bloomberg)

industry
about 1 month ago▲ 24
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TM
techmeme

Sam Altman says AI could end up controlled by a few powerful players, partly because AI fears could push people to trade "a lot of liberty for safety" (Truman Dickerson/Business Insider)

industry
about 1 month ago▲ 24
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TM
techmeme

Greg Abbott says data center companies "dug their own grave" by moving into communities without first gaining support, signaling growing Republican backlash (Axios)

industry
about 1 month ago▲ 24
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TM
techmeme

Sources: Hugging Face has been exploring a sale that could value it at $13B+, up from $4.5B in 2023, and has been working with a bank to gauge bidders' interest (Katie Roof/Business Insider)

industry
about 1 month ago▲ 24
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techmeme

Ramp data: Fable 5, launched in June, has plateaued at ~11% of spending on Anthropic tools, as companies shift to cheaper models; Opus 5 surpassed Fable 5 (George Hammond/Financial Times)

industry
about 1 month ago▲ 24
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TM
techmeme

Alibaba plans to raise ~$10B in a follow-on share offering to fund AI investments; sources: it plans to offer 710M shares at a 3.6% discount to Friday's close (Reuters)

industry
about 1 month ago▲ 24
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TM
techmeme

Sources: foldable iPhone feels durable, fits well in a pocket, has useful iPad-like app layouts, excels as a camera viewfinder but lacks telephoto and Face ID (Mark Gurman/Bloomberg)

industry
about 1 month ago▲ 24
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TM
techmeme

The careers of Z.ai's Tang Jie and Moonshot AI's Yang Zhilin, once teacher and pupil at Tsinghua University, show that China's AI leap is no sudden development (Raffaele Huang/Wall Street Journal)

industry
about 1 month ago▲ 24
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