|
|
|
Top stories today: - Microsoft quits board observer role at OpenAI, Apple won't join
- xAI's Grok 2 likely out next month, building AI data center
- Fed Chair Powell highlights "two-sided risks" on rate cuts
- PC shipments +3% YoY to 64.9M in Q2, with Apple +21% to 5.7M
- Anthropic launches Prompt Generator for developers
|
|
0. Data and calendar |
 | All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT). |
|
 | All times are ET. |
|
1. Microsoft quits board observer role at OpenAI, Apple won't join, amid antitrust probes |
|
|
2. xAI's Grok 2 likely out next month, building AI data center with 100K NVIDIA H100s |
The Oracle partnership will be phased out over time, Elon suggested, confirming media reports: |
|
Datacenter to cost $5B over 2 years. Q2 2025: when it's expected to be ready. Grok 3 will be trained using it.
|
3. Fed Chair Powell highlights "two-sided risks" on rate cuts |
 | Fed Chair Powell: This is no longer an overheated economy |
|
|
|
The rate curve was little changed, with markets expecting a 1st rate cut in September and a 2nd one in December |
|
| | They source the best talent from LATAM and South Africa. 1/3 to 1/2 the cost of U.S./European talent. It's what the Bay Area Times uses to hire our team! $1,000 discount for BAT readers.
| | *Disclaimer: Athyna is a partner of the Bay Area Times. |
|
|
5. PC shipments +3% YoY to 64.9M in Q2, with Apple +21% to 5.7M |
|
6. Anthropic launches Prompt Generator for developers |
|
|
7. Interesting videos, posts, and memes |
 | The Jonathan Haidt Interview |
|
|
 | GPU clusters, venture trends, and the robotics startups we're most excited about | E1977 |
|
|
 | Nuclear War Expert: LIFE 1 Week After The Bomb | Ivana Hughes |
|
|
8. Other headlines |
AI |
Index Ventures raises $2.3B in new funds: $0.8B venture, $1.5B growth. Skild raises $0.3B at $1.5B for foundation model for robotics. Captions raise $60M at $500M for AI video editing. a16z building 20K GPU cluster to win AI deals. Tesla's self-driving efforts focus on the driving of Elon, VIP drivers.
|
Athyna: hire incredible global talent with up to 80% savings vs. U.S. hires.* Ai4 2024 - Join the industry's leading AI conference, August 12-14 in Las Vegas.*
| *Sponsored. |
|
|
Tech |
Open Source CEO: learn how to be a leader and outperform the competition, with this free newsletter.* Mercury simplifies your financial workflows.*
| *Sponsored. Clicking on ad links may share your email with Mercury for remarketing purposes. |
|
|
Tech & law |
$1.6B announced by U.S. for chip packaging research. Kids <18 banned from using NGL chat app in FTC settlement. X, Elon win $500M severance suit over mass Twitter layoff. Samsung union announce "indefinite" strike. IL law will force influencer parents to pay children.
|
Business |
|
Crypto |
FTX's Nishad Singh to be sentenced on Oct. 30, Gary Wang on Nov. 20. tea Protocol: click to subscribe to tea's newsletter and learn more about how to get rewards for your open-source contributions.*
| *Sponsored. |
|
|
U.S. politics |
Biden, NATO pledge to Ukraine more air defense systems. Trump teases Rubio as VP in rally, also mentioning Scott, Burgum, Vance. Stephanopoulos: "don't think [Biden] can serve 4 more years."
|
World |
|
Was this newsletter forwarded to you? Sign up here. Liked it? Forward it to friends and get rewards (see below). |
| Share Bay Area Times | Share our newsletter with your friends and get free Bay Area Times rewards! | You currently have 0 referrals, only 1 away from receiving our Generative AI Unicorns Database. | | | Or copy and paste this link to others: https://www.bayareatimes.com/subscribe?ref=UbEAXR818y | |
|
What did you think of today's newsletter? |
|
Advertise on the Bay Area Times |
Disclaimer: The Bay Area Times is a news publisher. All statements and expressions herein are the sole opinions of the authors or paid advertisers. The information, tools, and material presented are provided for informational purposes only, are not financial advice, and are not to be used or considered as an offer to buy or sell securities; and the publisher does not guarantee their accuracy or reliability. You should do your own research and consult an independent financial adviser before making any investments. Neither the publisher nor any of its affiliates accepts any liability whatsoever for any direct or consequential loss howsoever arising, directly or indirectly, from any use of the information contained herein. Assets mentioned may be owned by members of the Bay Area Times team. |
Please read our Terms of Service and our Privacy Policy before using Our Service. |
No comments:
Post a Comment