Posts

Granta and the Commonwealth Foundation say they can't determine yet if AI was used to write a prize-winning short story after critics pointed to signs of AI use (The Guardian)

Sony's PlayStation State of Play is back, with over an hour of news and announcements, including Marvel's Wolverine — here are three other games I hope to see

Google says it is testing new ad formats in search results and AI Mode, including Conversational Discovery ads, Highlighted Answers, and AI-powered Shopping ads (Anu Adegbola/Search Engine Land)

Sundar Pichai says Google is now processing 3.2 quadrillion tokens per month, up from 480T tokens per month a year ago and 9.7T tokens per month two years ago (Ina Fried/Axios)

Uber increases its stake in Delivery Hero to 19.5%, up from 7% in April, and says it "has no intent to acquire 30% or more" of Delivery Hero's voting rights (Natalie Lung/Bloomberg)

Seagate shares drop 9%+, leading a group-wide sell-off after comments from its CEO raised concerns it won't be able to meet demand fueled by the AI buildout (CJ Haddad/CNBC)

Sigma, which sells a cloud-native analytics platform that sits on top of data warehouses, raised an $80M Series E led by Princeville Capital at a $3B valuation (Cristian Dina/The Next Web)

Musk v. Altman: the jury unanimously rejects Elon Musk's claims against Sam Altman, finding that the claims were filed outside of the statute of limitations (CNBC)

Source: Shein is acquiring DTC clothing retailer Everlane, which focuses on sustainability and "radical transparency", in a $100M deal (Lauren Sherman/Puck)

Analysis: 34 leading AI startups are generating ~$80B in annualized revenue, up 112% from six months ago, with Anthropic and OpenAI capturing 89% of the revenue (The Information)

Grafana says hackers have accessed its GitHub environment and demanded a ransom to prevent the release of its codebase; Grafana refused to pay (The Hacker News)

Analysis: mass adoption of smartphones and social media may be a primary driver of declining birthrates globally, in part by reducing in-person socializing (John Burn-Murdoch/Financial Times)