Zuck shrugs off DeepSeek, vows to spend hundreds of billions on AI

Posted on January 30, 2025 by Techme101

Meta is doubling down on AI spending despite markets briefly panicking over concerns DeepSeek will reduce AI demand.
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LinkedIn passes $2B in premium revenue in 12 months, with overall revenue up 9% on the year

Posted on January 30, 2025 by Techme101

LinkedIn, the social platform where people look for and talk about work, may be less visible in Microsoft’s earnings compared to the years when it was an independent company. But around earnings time, LinkedIn often reveals some figures that point to how it continues to grow.  On Wednesday, as Microsoft reported its Q2 numbers, the […]
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Meta’s Reality Labs posts $5 billion loss in fourth quarter

Posted on January 29, 2025 by Techme101

Meta’s Reality Labs unit recorded an operating loss of $4.97 billion while generating $1.1 billion in sales during the fourth quarter.

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UK’s first smartphone video call via satellite made from Welsh mountain

Posted on January 29, 2025 by Techme101

Vodafone says the tech could lead to the elimination of “not spots”, which cover an estimated 9% of the UK.

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Elon Musk claims Tesla will launch a self-driving service in Austin in June

Posted on January 29, 2025 by Techme101

Tesla CEO Elon Musk said Wednesday that his company will launch a paid ride-hailing robotaxi service in Austin, Texas this coming June, the latest in a long line of sky-high promises he has yet to meet about autonomy. Musk was unsurprisingly light on details. He said that there will be no people in the cars, […]
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Threads adds another 20M monthly users since December, reaching 320M

Posted on January 29, 2025 by Techme101

Threads, Meta’s microblogging service, is growing at a fast pace as users gravitate to the app over rivals like X. During the company’s fourth-quarter earnings presentation on Wednesday, CEO Mark Zuckerberg revealed that Threads now has 320 million monthly active users (MAUs), up from 300 million last month. The app had 275 million monthly active […]
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Exposed DeepSeek Database Revealed Chat Prompts and Internal Data

Posted on January 29, 2025 by Techme101

China-based DeepSeek has exploded in popularity, drawing greater scrutiny. Case in point: Security researchers found more than 1 million records, including user data and API keys, in an open database.

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IBM shares rise 8% on earnings beat

Posted on January 29, 2025 by Techme101

In a statement, IBM CEO Arvind Krishna said the company has recorded $5 billion in bookings for its generative AI business.

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Microsoft brings a DeepSeek model to its cloud

Posted on January 29, 2025 by Techme101

Microsoft’s close partner and collaborator, OpenAI, might be suggesting that DeepSeek stole its IP and violated its terms of service. But Microsoft still wants DeepSeek’s shiny new models on its cloud platform. Microsoft today announced that R1, DeepSeek’s so-called reasoning model, is available on Azure AI Foundry service, Microsoft’s platform that brings together a number […]
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Joe Lonsdale’s 8VC seeking $1B for new fund

Posted on January 29, 2025 by Techme101

8VC, a venture firm led by Palantir founder Joe Lonsdale, is seeking nearly $1 billion for its sixth fund, according to a regulatory filing. The Austin-based firm’s latest fund aims to raise nearly 14% more than its previous $880 million flagship vehicle, which closed in February 2023. TechCrunch has reached out to the firm for […]
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