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Top stories today:
- Australia approves law to ban social media for children under 16
- Alibaba releases QwQ-32B-Preview to rival OpenAI’s o1
- Amazon said to reduce reliance on Anthropic with own video AI model
- Longevity expert Jim O’Neill picked as HHS deputy
- Trump’s DOGE attracts startup founders, young coders
- UK adults spent 1 hour more online per day in 2024 vs. 2023
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).
No major events today.
Listen to our AI-generated podcast summarizing today’s newsletter (beware of the few hallucinations):
1. Australia approves law to ban social media for children under 16
In 1 year: when it comes into effect.
Tech giants have opposed the move.
“Concerned about the process which rushed the legislation through,” Meta said.
TikTok called the law was “rushed” and “unworkable.”
Australian voters backed the ban, with 77% support reported in a survey
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3. Alibaba releases QwQ-32B-Preview “reasoning” model to rival OpenAI’s o1
QwQ-32B-Preview has outperformed o1 on mathematics and programming benchmarks:
32.2B parameters size and can consider prompts of up to 32,000 words.
Available “openly” under an Apache 2.0 license.
Carries some limitations, including unexpected switching between languages.
Chinese biases also appear in some answers.
Separately, Google’s Gemini has surpassed GPT-4o on the Lmarena.ai (formerly LMSYS) Chatbot Leaderboard
4. Amazon said to reduce reliance on Anthropic with own video AI model
Representational image generated by OpenAI’s DALL-E.
