News

Jing Yang / The Information: Sources: the US accounted for 60% of Temu’s GMV in 2023, but the company hopes to reduce the share to as low as 30% by 2025, as US anti-China hostility grows  —  jing@theinformation.com Profile and… Read More »Sources: the US accounted for 60% of Temu’s GMV in 2023, but the company hopes to reduce the share to as low as 30% by 2025, as US anti-China hostility grows (Jing Yang/The Information)

Maxwell Zeff / Gizmodo: Mark Zuckerberg says Threads is rolling out a “Trending now” page for users in the US, under the search bar in the mobile app  —  Threads users in the U.S. will start seeing a “Trending now”… Read More »Mark Zuckerberg says Threads is rolling out a “Trending now” page for users in the US, under the search bar in the mobile app (Maxwell Zeff/Gizmodo)

Adam James / The Block: The US SEC says Genesis Global Capital agreed to a $21M civil penalty as part of a settlement over charges of offering unregistered securities via Gemini Earn  —  – Genesis Global Capital agreed to pay… Read More »The US SEC says Genesis Global Capital agreed to a $21M civil penalty as part of a settlement over charges of offering unregistered securities via Gemini Earn (Adam James/The Block)

Satya Nadella / The Official Microsoft Blog: Microsoft says Mustafa Suleyman and Karén Simonyan are joining to form Microsoft AI, focused on Copilot and other consumer AI products; Suleyman will be CEO  —  Satya Nadella, Chief Executive Officer, shared the… Read More »Microsoft says Mustafa Suleyman and Karén Simonyan are joining to form Microsoft AI, focused on Copilot and other consumer AI products; Suleyman will be CEO (Satya Nadella/The Official Microsoft Blog)

Alex Koller / CNBC: In an interview, Jensen Huang estimates Nvidia’s GB200 Blackwell chip could cost $30,000 to $40,000, and R&D budget for the processor totaled around $10B  —  – Nvidia shares rose 1% Tuesday afternoon after the company unveiled… Read More »In an interview, Jensen Huang estimates Nvidia’s GB200 Blackwell chip could cost $30,000 to $40,000, and R&D budget for the processor totaled around $10B (Alex Koller/CNBC)

Inflection: Inflection AI says co-founder Karén Simonyan will join Mustafa Suleyman at Microsoft AI, names Sean White as CEO, and plans to host Inflection-2.5 on Azure  —  From day one at Inflection, we’ve been driven by a simple mission: to… Read More »Inflection AI says co-founder Karén Simonyan will join Mustafa Suleyman at Microsoft AI, names Sean White as CEO, and plans to host Inflection-2.5 on Azure (Inflection)

Michael Peel / Financial Times: Google DeepMind debuts TacticAI, a prototype AI soccer tactician built with Premier League club Liverpool, using geometric deep learning on 7,176 corner kicks  —  Human experts prefer TacticAI’s suggested positional improvements at corner kicks  — … Read More »Google DeepMind debuts TacticAI, a prototype AI soccer tactician built with Premier League club Liverpool, using geometric deep learning on 7,176 corner kicks (Michael Peel/Financial Times)

Dina Bass / Bloomberg: Microsoft hires DeepMind co-founder Mustafa Suleyman to run consumer AI, reporting to Satya Nadella, and brings on most staff from his Inflection AI startup  —  Suleyman and his team will join from OpenAI rival Inflection AI … Read More »Microsoft hires DeepMind co-founder Mustafa Suleyman to run consumer AI, reporting to Satya Nadella, and brings on most staff from his Inflection AI startup (Dina Bass/Bloomberg)

Jamie Grierson / The Guardian: The UK sentences a man to 66 weeks in prison for cyberflashing, under the Online Safety Act, the first such conviction since the OSA took effect on January 31  —  Nicholas Hawkes, 39, from Essex,… Read More »The UK sentences a man to 66 weeks in prison for cyberflashing, under the Online Safety Act, the first such conviction since the OSA took effect on January 31 (Jamie Grierson/The Guardian)

Harry McCracken / Fast Company: An interview with Nvidia CEO Jensen Huang on how the company’s early decisions led to its AI boom, why Nvidia’s ubiquity will not be easy to replicate, and more  —  Nvidia’s chips sparked the AI… Read More »An interview with Nvidia CEO Jensen Huang on how the company’s early decisions led to its AI boom, why Nvidia’s ubiquity will not be easy to replicate, and more (Harry McCracken/Fast Company)