Sources: Apple talked to local tech firms to power Apple Intelligence in China; a CAC official says approval without a partner is a “difficult and long process”
Official at top regulator says path to approval will be easier if US tech group finds local partners
Sources: China's CAC requires AI companies to prepare between 20K and 70K questions designed to test whether their AI models produce safe answers before release
and Risks Strangling It. Government support helps China's generative AI companies gain ground on U.S. competitors, but political controls threaten to weigh them down. @lizalinwsj https://www.wsj.com/....
OpenAI's entire Superalignment team, which was focused on the existential dangers of AI, has either resigned or been absorbed into other research groups
Company insiders explain why safety-conscious employees are leaving. https://www.vox.com/... vs #ai #openai X: Sam Altman / @sama : i'm super appreciative of @janleike's contributions to openai's alig...
Temu bought six Super Bowl ad slots, likely for tens of millions, to win back US shoppers; US observed sales fell 12.5% MoM in December 2023 and 4.8% in January
the results of running the same commercial 5 times Gabrielle Fonrouge / CNBC : Temu returns to Super Bowl ad slate as lawmaker ire swells X: @tayredacted : Temu used y'all's credit card info to buy tw...
Sources: Shein approached the CAC and China Securities Regulatory Commission to get their blessing for a US IPO, despite not formally requiring their approval
Financial Times :
The CAC's scrutiny of Shein, which has never sold products in China and moved its global HQ to Singapore in 2021, shows the long reach of Chinese regulators
Bloomberg :
Sources: the Cybersecurity Administration of China has approved only ~25% of data export applications since a data security law took effect in September 2022
allowing some data to be sent abroad without review — and more permissions have been granted since then, multiple data security lawyers said it took at least six months for companies to pass a CAC rev...
Instacart files for a US IPO, reports 2022 revenue up 39% YoY to $2.55B, $428M net income, up from a $73M loss in 2021, and H1 2023 revenue up 31% YoY to $1.48B
Common Stock This is an initial public offering of shares of common stock … Reuters : Instacart reveals IPO filing, disclosing PepsiCo investment, profitability Dan Frommer / The New Consumer : Parade...
Instacart files for a US IPO, reports 2022 revenue up 39% YoY to $2.55B, $428M net income, up from a $73M loss in 2021, and H1 2023 revenue up 31% YoY to $1.48B
Common Stock This is an initial public offering of shares of common stock … Bill Peters / MarketWatch : Instacart files for IPO, joining crowded field of gig-economy names as markets rebound Hayden Fi...
Sources: Amazon is in talks with Verizon, T-Mobile, Dish Network, and AT&T for wholesale prices to offer low-cost or free mobile service to US Prime subscribers
here's what we know [Update] Kishalaya Kundu / XDA Developers : Amazon may provide free cellular service to Prime members Usman Qureshi / iPhone in Canada Blog : Amazon to Offer Free Mobile Service to...