12/11/24

Everyone is coming for Nvidia’s kingdom

Apple is working on building its own AI chip — a key building block for artificial intelligence — with Broadcom, The Information is reporting. The news comes just a week after Amazon fleshed out plans for its own AI chip. According to the report, the Apple chip, which has the internal code name “Baltra,” is for internal use and could be ready for mass production in 2026.

All this is potentially bad news for Nvidia, which has had a stranglehold on the chip market, but probably good news for everyone else, since AI-hungry tech companies have heretofore been tripping over themselves to obtain the limited number of chips Nvidia has been able to produce.

Apple Is Working on AI Chip With Broadcom

All this is potentially bad news for Nvidia, which has had a stranglehold on the chip market, but probably good news for everyone else, since AI-hungry tech companies have heretofore been tripping over themselves to obtain the limited number of chips Nvidia has been able to produce.

More Tech

Apple’s latest phone is betting on looks, while Google looks inward

Apple gets a hardware upgrade. Google gets a software overhaul.

Tom Jones

buried treasure

3h

The world’s biggest illegal sports streaming platform just got shut down

Where piracy is concerned, authorities are playing an almost never-ending game of “whack-a-mole.”

Error 404 Page Not Found - Vector Illustration of Website Page 404

Rani Molla

5h

Meta: Facebook is for the children, basically

Meta has a youth problem that it keeps trying to fix using old stuff. This time it’s trying to bring back “pokes” — a feature from yesteryear the social media company had buried that allows users to digitally nudge others without having to say anything.

To make the feature shiny and new, the company is adding “counts,” along with a dedicated poke button and page, so users can keep track of who they poked or were poked by and how much.

Meta is hoping the updated feature will lead to more usage from young people, who’ve already started to adopt the practice thanks to previous pushes by Meta. Social media companies, like Snapchat and TikTok, have previously gotten into hot water before for similar gamification elements like “streaks” that critics have said are addictive.

The average age of Facebook users has been ticking up for years as the company loses young people to newer services, including Instagram, which Meta bought more than a decade ago, back when it was still called Facebook. According to the latest data from Pew Research Center, released last winter, teens were way less inclined to use Facebook than TikTok, Instagram and Snapchat.

Facebook is trying to make 'pokes' happen again | TechCrunch

Meta is hoping the updated feature will lead to more usage from young people, who’ve already started to adopt the practice thanks to previous pushes by Meta. Social media companies, like Snapchat and TikTok, have previously gotten into hot water before for similar gamification elements like “streaks” that critics have said are addictive.

The average age of Facebook users has been ticking up for years as the company loses young people to newer services, including Instagram, which Meta bought more than a decade ago, back when it was still called Facebook. According to the latest data from Pew Research Center, released last winter, teens were way less inclined to use Facebook than TikTok, Instagram and Snapchat.

Jon Keegan

22h

OpenAI is working on a “jobs platform” for people who lose their jobs to AI

OpenAI has some good news and bad news for workers. The bad news? AI will probably take your job. The good news? The company will offer AI-powered classes to retrain you, and try to help you get a job as a certified AI pro.

The company announced plans for the OpenAI Jobs Platform, in partnership with Walmart, John Deere, and Accenture, to help workers looking to level up their AI skills, and match them with companies seeking such candidates.

In a blog post announcing the plan, the company wrote:

“But AI will also be disruptive. Jobs will look different, companies will have to adapt, and all of us—from shift workers to CEOs—will have to learn how to work in new ways. At OpenAI, we can’t eliminate that disruption. But what we can do is help more people become fluent in AI and connect them with companies that need their skills, to give people more economic opportunities. “

Using AI-powered instruction, users can receive certification for their training, and OpenAI said it is committing to certifying 10 million Americans on its platform by 2030.

Expanding economic opportunity with AI

The company announced plans for the OpenAI Jobs Platform, in partnership with Walmart, John Deere, and Accenture, to help workers looking to level up their AI skills, and match them with companies seeking such candidates.

In a blog post announcing the plan, the company wrote:

“But AI will also be disruptive. Jobs will look different, companies will have to adapt, and all of us—from shift workers to CEOs—will have to learn how to work in new ways. At OpenAI, we can’t eliminate that disruption. But what we can do is help more people become fluent in AI and connect them with companies that need their skills, to give people more economic opportunities. “

Using AI-powered instruction, users can receive certification for their training, and OpenAI said it is committing to certifying 10 million Americans on its platform by 2030.

Rani Molla

23h

Trump administration plans to loosen rules for self-driving cars, exempt them from windshield wipers

The National Highway Traffic Safety Administration (NHTSA) said Thursday it’s planning to propose three new rules that will make it easier for self-driving car companies to develop their vehicles more cheaply. Those include getting rid of requirements that were mandatory for human drivers, including gear shift sticks, windshield defrosting and defogging systems, and some lighting equipment.

“Federal Motor Vehicle Safety Standards were written for vehicles with human drivers and need to be updated for autonomous vehicles. Removing these requirements will reduce costs and enhance safety,” NHTSA Chief Counsel Peter Simshauser said in a statement.

Earlier this year NHTSA announced it was loosening other rules around autonomous cars, including exempting them from certain federal safety rules for research and demonstration purposes. This time around, however, stocks like Tesla, which is banking on autonomous driving as part of the future of the company, aren’t moving as much on the news.

Trump’s Transportation Secretary Sean P. Duffy Advances AV Framework with Plans to Modernize Safety Standards | NHTSA

“Federal Motor Vehicle Safety Standards were written for vehicles with human drivers and need to be updated for autonomous vehicles. Removing these requirements will reduce costs and enhance safety,” NHTSA Chief Counsel Peter Simshauser said in a statement.

Earlier this year NHTSA announced it was loosening other rules around autonomous cars, including exempting them from certain federal safety rules for research and demonstration purposes. This time around, however, stocks like Tesla, which is banking on autonomous driving as part of the future of the company, aren’t moving as much on the news.

Latest Stories

Sherwood Media, LLC produces fresh and unique perspectives on topical financial news and is a fully owned subsidiary of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate, including Robinhood Markets, Inc., Robinhood Financial LLC, Robinhood Securities, LLC, Robinhood Crypto, LLC, or Robinhood Money, LLC.