Good morning! This is your daily ☕️ Techpresso.
In today's Techpresso:
👑 Nvidia just showed how hard it is to be the AI king
🎮 Google researchers run Doom on a self-generating AI model
🛠️ Midjourney says it’s ‘getting into hardware’
⚖️ Yelp sues Google for antitrust violations
💸 OpenAI aims for $100B+ valuation in new funding round
🚫 Major websites reject Apple AI data scraping
🎁 + 6 other news you might like
🔮 + 4 handpicked research papers and tools
👑 Nvidia just showed how hard it is to be the AI kingLINK
Nvidia achieved strong second-quarter results by more than doubling its revenue compared to the same period last year, but industry experts anticipated these outcomes due to ongoing investments in AI by tech companies.
Despite reporting $30.04 billion in revenue, which surpassed analyst expectations, Nvidia's stock fell 6.9% after hours due to investor concerns and sky-high expectations.
Issues like shipment delays for Nvidia's upcoming Blackwell GPUs and slightly lower-than-expected revenue projections for the next quarter also contributed to investor unease, as noted by multiple analysts.
🎮 Google researchers run Doom on a self-generating AI modelLINK
Researchers from Google and Tel Aviv University introduced GameNGen, an AI model that can simulate the 1993 video game Doom in real time using techniques from Stable Diffusion.
GameNGen generates new frames at over 20 frames per second on a single tensor processing unit, demonstrating it as a functional yet limited game engine for real-time video game synthesis.
During tests, human raters sometimes struggled to distinguish between real Doom gameplay and GameNGen's output, highlighting the model's capability to emulate the game visually with high accuracy.
🛠️ Midjourney says it’s ‘getting into hardware’LINK
Midjourney, known for its AI image-generation tool, announced it is entering the hardware market and invited job seekers to join its new division.
The announcement was made on Midjourney's official X account, revealing that founder David Holz and new hire Ahmad Abbas, a former Apple hardware manager, will lead the hardware efforts.
Midjourney hinted at multiple ongoing projects and the possibility of new form factors, though no specific timeline or further details have been provided yet.
⚖️ Yelp sues Google for antitrust violationsLINK
Yelp has filed an antitrust lawsuit against Google, accusing the company of maintaining a monopoly in local search services by favoring its own inferior products over competitors.
The lawsuit demands that Google stop its allegedly anticompetitive practices, pay damages to Yelp, and was filed in the Northern District of California, seeking a jury trial.
Yelp's CEO stated that the decision to sue was influenced by the DOJ's recent win in an antitrust case against Google, describing a significant shift in the antitrust landscape.
💸 OpenAI aims for $100B+ valuation in new funding roundLINK
OpenAI is reportedly negotiating with venture capital firms to raise a large sum of money, potentially valuing the company at over $100 billion.
Thrive Capital plans to invest $1 billion in this funding round, and Microsoft is also expected to contribute additional funds, as reported by The Wall Street Journal.
If successful, this would be the most substantial new capital for OpenAI since Microsoft's $10 billion investment in January 2023, with OpenAI's valuation potentially exceeding $103 billion based on recent negotiations.
🚫 Major websites reject Apple AI data scrapingLINK
Many of the largest websites, such as Facebook, Instagram, and The New York Times, have opted out of Apple's AI training by using the Applebot-Extended tag to exclude their content.
Apple allows publishers to easily opt out of content scraping for Apple Intelligence training through a publicly-accessible robots.txt file, ensuring their data is not used for AI purposes.
Apple's use of Applebot for AI training is designed to be ethical, with mechanisms to filter out personal data and a system for web publishers to prevent their data from being utilized.
Other news you might like
Google AI reintroduces human image generation after historical accuracy outcry.LINK
Telegram CEO formally charged in illegal content probe.LINK
Tumblr to move its half a billion blogs to WordPress.LINK
SEC takes aim at NFT marketplace OpenSea.LINK
Threads deepens its ties to the open social web, aka the ‘fediverse’.LINK
Elon Musk's AI startup is apparently making pollution worse in Memphis.LINK
Latest research and tools
Homemade Automated Solar Concentrator: an innovative device that automatically tracks the sun to concentrate solar energy onto a target, capable of generating significant heat with minimal electrical power, but requires cautious handling due to potential safety hazards.LINK
Docker-OSX image: a software tool removed from distribution after Apple claimed it infringed on their copyrights, previously allowed users to run macOS in a Docker container for development purposes.LINK
Repo2vec: an open-source library that allows users to interact with any codebase through a chat interface, simplifying codebase understanding and integration with minimal setup and customizable components.LINK
Onlook: an open-source, local-first tool that allows live editing and customization of websites or web apps using React and TailwindCSS directly in the browser DOM, enabling users to control their codebase and push updates seamlessly.LINK
Want to get the latest news differently? Find us on:
See you tomorrow for a new dose of ☕️ Techpresso!
-min.png){kind=small}
.png){kind=small}
