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Yahoo Pulls Services From China Amid New Data Privacy Law

By
Wayne Ma
· · Source: The Wall Street Journal

Yahoo pulled its services in China one day after a Chinese data privacy law took effect, the Wall Street Journal and other media outlets reported. Yahoo told the Journal that it was due to “the increasingly challenging business and legal environment” and the move comes after LinkedIn said last month it would pull out of China for a similar reason. The law, the Personal Information...

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Anthropic in Talks to Raise $2 Billion From Google and Others Just Days After Amazon Investment
By Kate Clark, Anissa Gardizy and Stephanie Palazzolo · Oct. 3, 2023 3:17 PM PDT
Dario Amodei, co-founder and CEO of Anthropic. Photo via Getty.
Anthropic, one of the main rivals of OpenAI, is in talks with investors to raise at least $2 billion in new funding, following a commitment from Amazon last week to invest $1.25 billion in the company, according to three people with direct knowledge. Anthropic has told investors that Google, which bought a roughly 10% stake in the startup in 2022, is expected to invest in the round, two of the...
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Former Apple design chief Jony Ive and OpenAI CEO Sam Altman. Photos by Getty.
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Designer Jony Ive and OpenAI’s Sam Altman Discuss AI Hardware Project
By Jessica E. Lessin and Stephanie Palazzolo
Jony Ive, the renowned designer of the iPhone, and OpenAI CEO Sam Altman have been discussing building a new AI hardware device, according to two people familiar with the conversations.
From left: Paul Graham, Garry Tan and Michael Seibel. Photos by Getty. Art by Mike Sullivan.
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Y Combinator’s Garry Tan Goes to the Mat
By Kate Clark
Garry Tan was in his happy place. Surrounded by food trucks and techies basking in San Francisco’s September sun, the CEO of Y Combinator snapped selfies with entrepreneurs as he meandered through a crowd of 2,700 attendees at the startup accelerator’s annual alumni event.
Dave Rogenmoser, cofounder of Jasper. Photo via Getty.
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Jasper, an Early Generative AI Winner, Cuts Internal Valuation as Growth Slows
By Natasha Mascarenhas and Stephanie Palazzolo
Jasper AI, an early darling of the generative artificial intelligence boom, has cut the internal value of its common shares 20%, according to former employees who were notified by the company.
Nvidia CEO Jensen Huang. Photo by Getty
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Nvidia Deepens Push Into AWS’ Turf
By Anissa Gardizy
Nvidia’s ambition to compete with Amazon Web Services is growing. Nvidia is best known for designing server chips for artificial intelligence, but it has been running a nascent cloud service for corporate customers that develop AI with those chips.
Dave Rogenmoser, co-founder of Jasper. Photo by Bloomberg via Getty.
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AI Startups Are Facing a Reckoning
By Stephanie Palazzolo
A reckoning may be coming for once-hot artificial intelligence startups. Among the most vulnerable: consumer apps (think Character.AI) and “thin wrapper” startups like CopyAI that merely provide a nice user interface on top of a third-party model from model developers like OpenAI.
Art by Mike Sullivan.
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How a Hidden Bar Code in iPhone Screens Saved Apple Hundreds of Millions of Dollars
By Wayne Ma
Next time you try to wipe a smudge off your iPhone screen, take a closer look. See if you can spot one of the two tiny QR codes etched into its glass.