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- OpenAI posts emails from Elon showing support for for-profit model, desire to “attach” OpenAI to Tesla
OpenAI posts emails from Elon showing support for for-profit model, desire to “attach” OpenAI to Tesla
Bay Area Times
March 06, 2024
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Top stories today:
- OpenAI posts emails of Elon wanting to “attach” OpenAI to Tesla
- iOS 17.4 released, with support for alternative app stores in EU
- Perplexity AI finalizing fundraising at $1B valuation
- Bitcoin nears all-time high of 69K, crashes to 61K, returns to 67K
- AR/VR headset shipments +130% YoY in Q4
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. OpenAI posts emails from Elon showing support for for-profit model, desire to “attach” OpenAI to Tesla
OpenAI will move to dismiss “all of Elon's claims.”
They argued that Elon has mixed incentives: “Elon wanted us to merge with Tesla or he wanted full control. Elon left OpenAI, saying there needed to be a relevant competitor to Google/DeepMind and that he was going to do it himself.”
Elon wrote in 2018: ”this needs billions per year immediately or forget it”
2. iOS 17.4 released, with support for alternative app stores in EU
They stop working if the user physically leaves the EU for a long period.
Apple's new EU terms were softened after developer feedback.
iOS 17.4 also comes with a default browser prompt (only in the EU), transcripts for Apple Podcasts, and new emojis
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4. Perplexity AI finalizing fundraising at $1B valuation, 100x revenue
This would make Perplexity the #15 most valuable generative AI startup:
50M users in Feb., +8.6%.
Jan.: Perplexity raised $74M at $520M.
5. Bitcoin nears all-time high of 69K, crashes to 61K, now returns to 67K
Brief “sell-the-news” event:
6. AR/VR headset shipments +130% YoY in Q4, as Meta takes majority of market share
Overall 2023 shipments still -24% vs. 2022.
Linux +1 p.p. YoY, vs. 3% in Feb. 2023.
Apple has 15%.
8. Interesting videos, posts, and memes
9. Other headlines
AI
Microsoft announces small model Orca-Math AI.
Elon v. Altman: the backstory.
Overjet raises $53M for AI for dentists.
Haiper, text-to-video AI startup, emerges from stealth with $14M seed.
Tech
Tesla starts doing ads on X, YouTube, TikTok.
JD approves $3B buyback after +4% rise in revenues.
Waymo to test self-driving cars in Austin.
TikTok takes Creator Rewards out of beta, promoting longer videos.
Google says it removed “unhelpful content” by up to 40% in new update.
AWS follows Google, announces free data transfers to other clouds.
OpenView Venture Partners to return 75% of $571 VC fund.
Team8, Israel-based VC, raises $500M from Microsoft, Cisco, others.
citizenM has 14 tech-ready hotels stateside for the best night's sleep of your life.*
BetterHelp: professional online therapy to help you win at work.*
HubSpot: download the 2024 State of Marketing Report, for free.*
*Sponsored.
Tech & law
TikTok ban: new bipartisan bill would give ByteDance 6 months to divest.
EU's DMA “gatekeeper” rules go live today.
Spotify won't launch in-app payments in EU, given favorable ruling.
Business
Powell testifies today and tomorrow in Congress, at 10 AM ET.
FinanceBuzz: hands down some of the best credit cards for balance transfers.*
*Sponsored.
Crypto
io.net, Solana-based DePIN, reaches $1B valuation.
Do Kwon's extradition to U.S. reversed on appeal.
Binance US laid off 67% after SEC lawsuit, revenue -75%.
Uniswap: making it easier to buy, sell and trade tokens on Ethereum.*
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
Trump, Biden win big on Super Tuesday.
Haley likely to drop out today at 10 AM ET, not immediately endorse Trump.
Musk, other donors met Trump on Sunday.
Sen. Kyrsten Sinema won't seek reelection in AZ, avoiding 3-way race.
Michelle Obama “will not be running for president” in 2024.
World
Houthi attack that sank Rubymar cargo ship: behind the scenes.
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