Thursday, February 1, 2024

YouTube is not building a Vision Pro app, so Apollo for Reddit dev made one

Apple’s Vision Pro headset is set to release for consumers today, but YouTube is not currently building a dedicated app for the device. To fill that void, Christian Selig, the developer who made Apollo for Reddit client, has made a Vision Pro app for YouTube called Juno. The app costs $5 for a one-time purchase and […]

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Renowned investors Elad Gil and Sarah Guo on the risks and rewards of funding AI tech: “The biggest threat to us in the short run is other people”

Last week, at our first StrictlyVC evening of the year, generously hosted by Cloudflare at its San Francisco headquarters, prominent AI investors Elad Gil and Sarah Guo joined us to talk about how they think about AI investing in a world where deals were getting bid up feverishly two months ago, and where reportedly, some […]

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Apple says EU represents 7% of global App Store revenue

Nearly a week after Apple announced big changes to the App Store because of the European Union’s Digital Markets Act (DMA) rules, the company said that the market represents 7% of its global App Store revenues. The company’s chief financial officer Luca Maestri said that the monetary impact of these changes will depend on choices […]

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Indian central bank’s clampdown wipes $2.1 billion off Paytm

Shares of Paytm fell another 20% Friday before hitting the lower circuit that temporarily halts trading as the Indian financial services firm reels from the clampdown by the central bank. Paytm fell to 487 Indian rupees, or $5.88 within minutes of the market opening, the lowest it has hit in 55 weeks. Paytm shares also […]

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China’s Xpeng is bringing its Tesla FSD equivalent to overseas owners

Xpeng, Tesla’s challenger from China, has its eye on the international market and plans to use its smart driving software as a selling point. The Guangzhou-based electric vehicle upstart said at an event this week that it will start developing its highway-specific Navigation Guided Pilot (NGP) for global users in 2024, while the international version […]

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Tesla settles California hazardous waste lawsuit with a $1.5 million fine

Well, that was fast. A settlement has been reached just two days after District Attorneys from 25 California counties filed a lawsuit against Tesla over allegations the automaker repeatedly mishandled hazardous waste at its facilities throughout the state. Tesla has agreed to pay $1.3 million in civil penalties and $200,000 to reimburse the costs of […]

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UK government urged to adopt more positive outlook for LLMs to avoid missing ‘AI goldrush’

The U.K. government is taking too “narrow” a view of AI safety and risks falling behind in the AI goldrush, according to a report released today. The report, published by the parliamentary House of Lords’ Communications and Digital Committee, follows a months-long evidence-gathering effort involving input from a wide gamut of stakeholders including big tech […]

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Apple Vision Pro: Day Two

Last night, I fell asleep under the stars, the chirp of crickets intermingling with the old radiator’s whistle off in the distance. I just finished an episode of Justified: City Primeval on the big screen. It was a constant 68 degrees, but I tucked myself into the duvet, nonetheless. For tonight, I’m thinking the surface […]

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Mark Zuckerberg calls Apple’s DMA rules ‘so onerous’ he doubts any developer will opt in

Meta CEO Mark Zuckerberg has added his voice to those criticizing Apple’s compliance with the EU’s new Digital Markets Act (DMA) regulation, which forces Apple to open up its App Store and allows developers to use their own payment systems, among other things. During Meta’s Q4 earnings call this afternoon, Zuckerberg responded to an investor […]

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Threads now reaches more 130 million monthly users, says Meta, up 30M from Q3

Instagram Threads now has more 130 million monthly active users, Meta CEO Mark Zuckerberg announced during the company’s fourth-quarter earnings today. The text-based social networking app is one of the many new projects that have sprung up in the wake of Elon Musk’s 2022 acquisition of Twitter, now called X, where it competes with various […]

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Orbital Composites and Virtus Solis team up for space-based solar power mission

Advanced manufacturing startup Orbital Composites is teaming up with Virtus Solis Technologies to conduct a space-based solar power demonstration as soon as 2027. The two companies say the mission will be a precursor to an in-space “megawatt-class” solar power installation by 2030, which could mark “a new chapter in renewable energy.” Space-based solar power (SBSP) is […]

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Arc is building an AI agent that browses on your behalf

For years, Google (or any other search engine) has been the main gateway for people to discover websites and other content. The Browser Company, which makes the Arc Browser, is on a quest to change that by building an AI that surfs the web for you and gets you the results while bypassing search engines. […]

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Google says YouTube now has over 100 million subscribers

Google said today that YouTube now has more than 100 million paid users across YouTube Music and YouTube Premium. This number is up from the 80 million paid users the company mentioned in November 2022. Earlier this week, during its Q4 2023 earnings call, Sundar Pichai said that Google’s subscription business — which includes YouTube’s […]

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Polygon Labs lays off 60 employees, about 19% of its staff, CEO says

Polygon Labs, the team focused on building the layer-2 blockchain Polygon, has laid off 60 employees, or about 19% of its staff, according to a post published Thursday by CEO Marc Boiron. The Polygon chain is one of the biggest layer-2 blockchains focused on scaling Ethereum. It has assisted over 2.44 billion transactions, deployed over […]

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Probabl is a new AI company built around popular library scikit-learn

Probabl isn’t your average AI startup as this new French company is an Inria spin-off company that revolves around an open-source data science library called scikit-learn — Inria is a well-known French technology research institute. As for scikit-learn, with more than 45,000 stars on GitHub, this Python module is widely used by machine learning teams […]

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