The UK government publishes draft legislation on cryptoassets, set to be finalized later in 2025, and says it will work with US officials on crypto regulation — The UK government will collaborate with US officials on plans to regulate the burgeoning crypto industry, distancing itself …
OpenAI announces that it will start showing product recommendations in ChatGPT, even for logged-out users, with buy buttons that link to merchants' sites — OpenAI is launching a shopping experience inside of ChatGPT, complete with product picks and buy buttons.
P-1 AI, which is developing an AI-powered engineering agent and hopes AI can eventually design complex machines, emerges from stealth with $23M in seed funding — P-1 AI founders Paul Eremenko (left), Aleksa Gordic (center), and Adam Nagel (right). — Courtesy of P-1 AI
Temu adds “import charges” of between 130% and 150% “due to recent changes in global trade rules and tariffs”; Shein also hikes prices but without explicit fees — Chinese e-tailer Temu has started adding “import charges” of about 145% in response to President Donald Trump's tariffs.
While Apple's iPhone manufacturing in India matches China in quality, making the extraordinarily complex 20th anniversary iPhones outside China remains doubtful — Apple has begun breaking up its AI and machine learning organization by moving pieces to other parts of the company.
Stripe plans to test a stablecoin payments product aimed at companies outside the US, the UK, and the EU, using tech from Bridge, which Stripe acquired recently — Stripe CEO Patrick Collison said a stablecoin tool for companies outside US, UK and EU is ready for testing. — What to know:
Watching OpenAI's o3 guess a photo's location feels surreal, dystopian, and entertaining, including running Python code to examine details like license plates — Watching OpenAI's new o3 model guess where a photo was taken is one of those moments where decades of science fiction suddenly come to life.
Sources: ~300 London-based DeepMind staff sought to unionize with the CWU in recent weeks, to challenge AI sales to defense groups and Google's ties to Israel — Move by employees at Google's AI arm follows discontent after weapons and surveillance pledge is dropped
Microsoft makes Recall available to all Copilot+ PCs, along with a new AI-powered Windows search and Click to Do, which works like Google's Circle to Search — Microsoft's Click to Do image and text tool is also rolling out today. … We knew Microsoft was about to launch Recall for real this time …
Swiss National Bank says cryptocurrencies failed to meet its currency reserve standards, as a referendum campaign seeks to require SNB to hold bitcoin reserves — The head of the Swiss National Bank said on Friday that cryptocurrencies failed to meet the institution's currency reserve standards …
Meta lays off an unspecified number of employees in Reality Labs, affecting Oculus Studios teams and, sources say, staff involved in Meta's hardware efforts — The cuts targeted teams working on Supernatural and other Quest apps. … Meta has laid off an unspecified number …
Motorola's new Razr phones will include Perplexity's AI search engine, as part of a distribution partnership that lets Perplexity gain users rather than revenue — Perplexity AI is getting in on the smartphone game. — The startup on Thursday announced a partnership to bring …
Court data: Google estimates its Gemini AI chatbot had 35M DAUs and 350M MAUs worldwide as of last month while ChatGPT had 160M DAUs and 600M MAUs — Google's Gemini AI chatbot last fall was lagging rival services run by OpenAI and Meta Platforms but it was ahead of services from Microsoft …
DOJ v. Google: an OpenAI exec says Google declined to let OpenAI access its search index; a DOJ remedy proposal would make Google share its index with rivals — OpenAI's Nick Turley said the company never intended to simply create a chatbot like its popular ChatGPT, and instead wanted to deliver a …
Supabase, an open-source alternative to Google's Firebase that's used by 2M+ developers, raises $200M Series D at $2B valuation — Supabase cofounders Ant Wilson and Paul Copplestone. — Supabase — Paul Copplestone didn't think things like this actually happened.
Bluesky starts rolling out blue check verification, initially limiting verification to select organizations and its moderation team — Bluesky announced on Monday that it is rolling out blue check verification, confirming previous rumors that this feature was on its way to the platform.
After lobbying US Congress to shelve the Senate-passed KOSA bill in 2024, Meta has now made headway in lobbying for an app store age-verification bill — The Facebook founder is lobbying Congress to leave his firm alone — and making headway. — To protect kids online …
A look at the race to turn brainwaves into fluent speech, as researchers at universities in California and companies use brain implants and AI to make advances — Californian researchers and groups such as Precision Neuroscience use implants and AI to make advances in ‘voice prosthesis’
Coinbase faces pump-and-dump accusations after its subsidiary Base launched a “content coin” on Zora; Coinbase clarifies that Base will never sell the tokens — Jesse Pollak is the creator of Base, a new blockchain from Coinbase. — Winni Wintermeyer for Fortune
Sales data: AI evaluation startups have modest revenue; Weights & Biases hit $50M ARR by Dec. 2024, but only 2% of that was from its AI evaluation product Weave — Startups whose products evaluate artificial intelligence to make sure it isn't making things up or delivering unsafe results …
Huawei unveils the Ascend 920 AI chip, expected to hit mass production in H2 2025, after Trump included Nvidia H20 in the ban on AI chip exports to China — The Ascend 920 supposedly offers a performance comparable to the Nvidia H20. … Just one day after this, Huawei announced the Ascend 920 …
Experts say two federal judges declaring Google a monopoly within a year signals a judicial shift toward addressing anticompetitive behavior in digital markets — Within a year, two federal judges declared the tech giant a monopoly in search and ad technology. The tide may be turning for antitrust.
Oregon sues Coinbase, alleging it's selling unregistered securities; Coinbase's Chief Legal Officer says it's a “copycat case” of SEC's now-dropped lawsuit — Oregon Attorney General Dan Rayfield is planning a lawsuit against crypto exchange Coinbase, alleging the company …
A US judge temporarily halts mass firings at the US CFPB after the agency fired between 1,400 and 1,500 workers, eliminating as much as 90% of its workforce — A federal judge on Friday halted the mass firings carried out Thursday afternoon at the U.S. Consumer Financial Protection Bureau …
New Jersey's AG sues Discord, alleging the platform's features to keep children under 13 safe from sexual predators and harmful content are inadequate — The New Jersey attorney general claims Discord's features to keep children under 13 safe from sexual predators and harmful content are inadequate.
OpenAI says o3 and o4-mini are its first reasoning models that can use all ChatGPT tools, including web browsing, Python, and image generation — OpenAI has released its latest artificial intelligence model, which it said is capable of “thinking with images,” meaning it can understand …
Yoolim Lee / Bloomberg : Sources: Seoul-based AI chip designer FuriosaAI seeks to raise a $300M-$500M Series D to fund mass production of...
