|
|
Hi there, this is your daily ☕️ Techpresso.
|
|
|
In today's Techpresso:
|
|
👀 Jeff Bezos is the co-CEO of a new AI startup 💸 Peter Thiel sells entire Nvidia stake amid AI bubble fears 👎 Perplexity voted most likely to flop at conference 🌦️ Google unveils its most accurate AI weather model 🤔 "We have work to do", admits Windows boss after agentic fury 🔎 Reporters expose crypto's criminal financial system 🎁 + 7 other news & articles you might like 🔮 + 6 handpicked research papers and tools
|
|
FROM OUR PARTNER
What if creating visuals felt like chatting with a tool that actually listens? Recraft's new Chat mode blends simple conversation with a flexible canvas, so you can turn ideas into visuals without overthinking it. You describe what you want, the AI helps shape it, and you refine everything in the same space. No juggling tools. No complicated steps. Just smooth, uninterrupted creation. Whether you are making social posts, exploring ideas, planning content, or refreshing your visuals, Chat mode understands what you are trying to achieve. It offers suggestions that help you get there faster while keeping your style consistent. Ready to create faster? Start with Chat mode today
|
👀 Jeff Bezos is the co-CEO of a new AI startup
LINK
|
- Amazon founder Jeff Bezos is returning to an operational role as co-chief executive of a new AI startup named Project Prometheus, which has already secured $6.2 billion in funding.
- His partner in the chief executive role is Vik Bajaj, who co-founded Google’s life sciences division and the Alphabet-owned biotech startup Verily before starting this new venture with Bezos.
- The startup will build AI products for engineering and manufacturing in fields like aerospace and automobiles, describing its specific focus as creating "AI for the physical economy."
|
💸 Peter Thiel sells entire Nvidia stake amid AI bubble fears
LINK
|
- Peter Thiel's hedge fund, Thiel Macro LLC, sold its entire holding of 537,000 Nvidia shares during Q3, a move which represented almost 40 percent of the fund's equity portfolio.
- The firm also wiped out its Vistra Energy position and slashed its Tesla holdings, cutting total long equity exposure by nearly 65% from $212 million down to just $74.4 million.
- This sale aligns with Thiel's public warnings about an AI "hype loop," suggesting he is now acting on his belief that the market is speeding ahead of underlying economics.
|
👎 Perplexity voted most likely to flop at conference
LINK
|
- In an informal survey at a San Francisco conference, over 300 attendees voted Perplexity as the billion dollar AI startup that is most likely to fall, according to a report.
- OpenAI was ranked second in the same poll of startups that could flop, even while its ChatGPT chatbot continues to be the leader in the AI market in terms of share.
- The vote comes as Perplexity's valuation has soared from $14 billion to $50 billion in just a few months, amid wider industry fears about a potential AI bubble.
|
🌦️ Google unveils its most accurate AI weather model
LINK
|
- Google's WeatherNext 2 model can generate hundreds of possible outcomes from a single starting point, including low-probability catastrophic events, in under a minute using just one TPU.
- The AI is trained only on individual weather elements called “marginals,” yet from this it learns to skillfully forecast large, interconnected systems known as “joints” for regional predictions.
- This new technology is now integrated into the core forecasting system that powers Google's consumer apps, bringing more accurate weather results to Search, Gemini, and Pixel Weather.
|
🤔 "We have work to do", admits Windows boss after agentic fury
LINK
|
- Windows president Pavan Davuluri admitted the company has "work to do" after facing backlash from developers who criticized Microsoft's new vision for an "agentic OS" and flawed Copilot promotions.
- The social media fury was fueled by a marketing video where Windows Copilot failed an accessibility request, instead misleading the user to scale their entire display rather than increase text size.
- Responding to hundreds of uncomplimentary replies, Davuluri acknowledged "paint [sic] points" like inconsistent dialogs, reliability, and performance, stating the team discusses these issues to keep developers on Windows.
|
🔎 Reporters expose crypto's criminal financial system
LINK
|
- The ICIJ's "Coin Laundry" investigation found that criminals use a shadow financial system built on blockchain technology to move illicit funds through major exchanges with speed and anonymity.
- Reports link North Korean hackers and the Sinaloa drug cartel to illegal transactions on major platforms like Binance, OKX, and Coinbase for crimes including people trafficking and dealing fentanyl.
- Criminal organizations now send money easily using dollar-pegged stablecoins, a method replacing older techniques like hiding cash in cars and creating a system beyond law enforcement's reach.
|
|
FROM OUR PARTNER
⚡ Turn your LinkedIn into a complete client acquisition system Playbookz gives founders and CEOs a full client acquisition system: sharp content from a short bi-weekly call, paid amplification on your best posts, message ads to reach ideal buyers, and a seasoned setter who turns inbound DMs into booked meetings. Clients close deals on LinkedIn straight from this engine every month. Techpresso readers get $1k off their first month. Book a quick call. |
|
|
|
Other
news & articles you might like
-
Tim Cook retirement ‘leak’ is clearly a deliberate test of market reaction
LINK
-
Mac Pro Reportedly No Longer a Priority For Apple, Focus Switched to Mac Studio
LINK
-
BNPL is expanding fast, and that should worry everyone
LINK
-
PowerLattice attracts investment from ex-Intel CEO Pat Gelsinger for its power saving chiplet
LINK
-
Google is collecting troves of data from downgraded Nest thermostats
LINK
-
Anthropic's CEO is 'deeply uncomfortable' being one of the only people deciding AI's future
LINK
-
Jaguar Land Rover hack cost India's Tata Motors around $2.4 billion and counting
LINK
|
|
Trending
research and tools
|
Heretic: a tool that automatically removes censorship from language models while aiming to preserve their original capabilities.
LINK
|
|
supercookie: uses favicons to assign a persistent tracking identifier to users that is not easily cleared or blocked.
LINK
|
|
FreeMDU: an open-source project that provides tools for anyone to diagnose their Miele appliances, replacing the expensive software used by technicians.
LINK
|
|
pgFirstAid: a PostgreSQL function that provides a prioritized list of actions to improve database stability and performance.
LINK
|
|
fastmcpp: a high-performance C++ implementation of the Model Context Protocol, used to build fast servers and clients that can manage tools, resources, and prompts.
LINK
|
|
New AI model analyzes spreadsheet-style data almost instantly: the team developed a system that makes highly accurate predictions on new data tables in less than one second.
LINK
|
|
|
|
|
Want to get the latest news differently?
|
|
|
|
