Sources: Meta is buying Manus for $2B+; Manus was raising at a $2B valuation when Meta approached it; Manus CEO Xiao Hong will report to Meta COO Javier Olivan
The deal for more than $2 billion is one of the first in which a major U.S. tech company has bought a startup with Chinese roots
Meta agrees to acquire Singapore-based startup Manus, which makes an AI agent for SMBs; Manus said earlier in December its annual revenue run rate was $125M+
Meta Platforms Inc. has agreed to buy Manus, a popular Singapore-based artificial intelligence agent with Chinese roots …
Sources: Meta offers to buy up to 49% of Nat Friedman and Daniel Gross' VC firm NFDG, which has invested about half of its first fund of ~$1.1B, raised in 2023
Yuliya Chernova / Wall Street Journal :
Daniel Gross leaves Safe Superintelligence, the AI startup he co-founded with Ilya Sutskever, to join Meta's new superintelligence lab and work on AI products
Daniel Gross, the former chief executive officer and co-founder of artificial intelligence startup Safe Superintelligence Inc. …
How DeepSeek outpaced OpenAI at a fraction of the cost: open source, pure reinforcement learning, no supervised fine-tuning, and building on DeepSeek-R1-Zero
DeepSeek R1's Monday release has sent shockwaves through the AI community, disrupting assumptions about what's required to achieve cutting-edge AI performance.
DeepSeek's iOS app tops the App Store's Top Free Apps chart in the US, beating ChatGPT, stirring doubts in Silicon Valley about the strength of the US' AI lead
- App's lower-cost model upends premise for AI spending boom — Stocks of chip gear makers ASML and Advantest plunge
Rather than weakening China's AI capabilities, US sanctions appear to be driving startups like DeepSeek to innovate by prioritizing efficiency and collaboration
The AI community is abuzz over DeepSeek R1, a new open-source reasoning model. — The model was developed by the Chinese AI startup DeepSeek …
Industry insiders say DeepSeek's focus on research makes it a dangerous competitor as it's willing to share breakthroughs rather than protect them for profits
China is pulling the same trick. — www.ft.com/content/747a... Mastodon: Brian Kung / @briankung@hachyderm.io : “There's a pretty delicious, or maybe disconcerting irony to this, ...
Yann LeCun says DeepSeek “profited from open research and open source” like Meta's Llama and is proof that open source models are surpassing proprietary ones
If you hadn't heard, there's a new AI star in town: DeepSeek, the subsidiary of Hong Kong-based quantitative analysis …
NHTSA opens a probe into Tesla's Full Self-Driving, covering 2.4M vehicles, after four reported crashes in low-visibility situations, including one fatal crash
Feds open new safety investigation Matt Binder / Mashable : Tesla's Full Self-Driving software is under federal investigation Felix Reeves / GB News : Tesla faces investigation ove...
Safe Superintelligence, co-founded by ex-OpenAI chief scientist Ilya Sutskever, raised $1B from a16z, Sequoia, DST, and others, sources say at a $5B valuation
Safe Superintelligence (SSI), newly co-founded by OpenAI's former chief scientist Ilya Sutskever, has raised $1 billion in cash …
Magic, which makes AI tools for coding and to automate software development tasks, raised $320M from Eric Schmidt and others, bringing its total raised to $465M
super proud of our team that made this possible. https://magic.dev/... Ben Bajarin / @benbajarin : I want all the tokens! Rowan Cheung / @rowancheung : Magic's new AI model has a 1...
EvolutionaryScale releases AI models called ESM3 to help engineer novel proteins and raised a $142M seed led by Nat Friedman, Daniel Gross, and Lux Capital
Claude 3.5 Sonnet appears to be a tremendous leap for Anthropic and LLMs generally, and shows that AI model makers' performance gains are not slowing down
Carl Franzen / VentureBeat :
Anthropic launches Claude 3.5 Sonnet, which beats its flagship model Claude 3 Opus and outperforms GPT-4o in some tests, available for free on the web and iOS
OpenAI rival Anthropic is releasing a powerful new generative AI model called Claude 3.5 Sonnet. But it's more an incremental step than a monumental leap forward.
Sources: OpenAI's annualized revenue hits $3.4B, up from ~$1B in summer 2023 and $1.6B in late 2023, with ~$3.2B from subscriptions to its chatbots and API fees
The Information :
Sources: OpenAI's annualized revenue hits $3.4B, up from ~$1B in summer 2023 and $1.6B in late 2023, with ~$3.2B from subscriptions to its chatbots and API fees
The Information :
AI training data provider Scale AI releases SEAL Leaderboards, which uses private datasets to rank LLMs in domains like coding, instruction following, and math
A look at Daylight Computer's DC1, a 10.5-inch, $729 tablet that feels like a hybrid of an iPad and a Kindle and runs on a custom Android-based OS called SolOS
already compatible with #Obsidian and the new e-ink mode I created for it. X: Ian Harber / @ianharber : “It's a tool, not a master... it doesn't try to consume you... technology th...
Generative AI music startup Suno raised $125M from Lightspeed Venture Partners, Nat Friedman, Daniel Gross, Matrix, Founder Collective, and others
With ChatGPT-Style Prompts FinSMEs : Suno Raises $125M in Funding Mike Wheatley / SiliconANGLE : Generative AI music maker startup Suno raises $125M in funding Stephanie Palazzolo ...