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<?xml version="1.0"?><rss version="2.0"><channel><title>Techmeme</title><link>http://www.techmeme.com/</link><description>Top news and commentary for technology's leaders, from all around the web</description><language>en-us</language><pubDate>Thu, 25 Apr 2024 01:15:38 -0400</pubDate><lastBuildDate>Thu, 25 Apr 2024 01:15:38 -0400</lastBuildDate><item> <title>On Meta's Q1 earnings call, Mark Zuckerberg said Threads now has more than 150M MAUs, up from 130M in February 2024 (Karissa Bell/Engadget)</title> <link>http://www.techmeme.com/240425/p3#a240425p3</link> <description><![CDATA[<A HREF="https://www.engadget.com/threads-has-150-million-monthly-users-215853190.html"><IMG VSPACE="4" HSPACE="4" BORDER="0" ALIGN="RIGHT" SRC="http://www.techmeme.com/240425/i3.jpg"></A><P><A HREF="http://www.techmeme.com/240425/p3#a240425p3" TITLE="Techmeme permalink"><IMG WIDTH=11 HEIGHT=12 SRC="http://www.techmeme.com/img/pml.png" STYLE="border:none;padding:0;margin:0;"></A> Karissa Bell / <A HREF="https://www.engadget.com/">Engadget</A>:<BR><SPAN STYLE="font-size:1.3em;"><B><A HREF="https://www.engadget.com/threads-has-150-million-monthly-users-215853190.html">On Meta's Q1 earnings call, Mark Zuckerberg said Threads now has more than 150M MAUs, up from 130M in February 2024</A></B></SPAN> — Mark Zuckerberg has speculated it could be Meta's next billion-user app. — Meta's Threads app now has more than 150 million monthly users, an increase of about 20 million new users since February.</P>]]></description> <pubDate>Thu, 25 Apr 2024 01:15:04 -0400</pubDate> <guid>http://www.techmeme.com/240425/p3#a240425p3</guid></item><item> <title>Snowflake announces Arctic, an LLM optimized for enterprise tasks such as SQL generation, coding, and instruction following, with an Apache 2.0 license (Shubham Sharma/VentureBeat)</title> <link>http://www.techmeme.com/240425/p2#a240425p2</link> <description><![CDATA[<A HREF="https://venturebeat.com/data-infrastructure/snowflake-launches-arctic-an-open-mixture-of-experts-llm-to-take-on-dbrx-llama-3/"><IMG VSPACE="4" HSPACE="4" BORDER="0" ALIGN="RIGHT" SRC="http://www.techmeme.com/240425/i2.jpg"></A><P><A HREF="http://www.techmeme.com/240425/p2#a240425p2" TITLE="Techmeme permalink"><IMG WIDTH=11 HEIGHT=12 SRC="http://www.techmeme.com/img/pml.png" STYLE="border:none;padding:0;margin:0;"></A> Shubham Sharma / <A HREF="https://www.venturebeat.com/">VentureBeat</A>:<BR><SPAN STYLE="font-size:1.3em;"><B><A HREF="https://venturebeat.com/data-infrastructure/snowflake-launches-arctic-an-open-mixture-of-experts-llm-to-take-on-dbrx-llama-3/">Snowflake announces Arctic, an LLM optimized for enterprise tasks such as SQL generation, coding, and instruction following, with an Apache 2.0 license</A></B></SPAN> — Today, Snowflake announced the launch of Arctic, a large language model (LLM) optimized for complex enterprise workloads such as SQL generation … </P>]]></description> <pubDate>Thu, 25 Apr 2024 00:20:02 -0400</pubDate> <guid>http://www.techmeme.com/240425/p2#a240425p2</guid></item><item> <title>Mark Zuckerberg says Meta AI assistant has been "tried" by "tens of millions of people" and it will take Meta several years to make money from generative AI (Alex Heath/The Verge)</title> <link>http://www.techmeme.com/240425/p1#a240425p1</link> <description><![CDATA[<A HREF="https://www.theverge.com/2024/4/24/24139591/meta-q1-2024-earnings-ai-mark-zuckerberg"><IMG VSPACE="4" HSPACE="4" BORDER="0" ALIGN="RIGHT" SRC="http://www.techmeme.com/240425/i1.jpg"></A><P><A HREF="http://www.techmeme.com/240425/p1#a240425p1" TITLE="Techmeme permalink"><IMG WIDTH=11 HEIGHT=12 SRC="http://www.techmeme.com/img/pml.png" STYLE="border:none;padding:0;margin:0;"></A> Alex Heath / <A HREF="https://www.theverge.com/">The Verge</A>:<BR><SPAN STYLE="font-size:1.3em;"><B><A HREF="https://www.theverge.com/2024/4/24/24139591/meta-q1-2024-earnings-ai-mark-zuckerberg">Mark Zuckerberg says Meta AI assistant has been “tried” by “tens of millions of people” and it will take Meta several years to make money from generative AI</A></B></SPAN> — The generative AI gold rush is underway — just don't expect it to create profits anytime soon.</P>]]></description> <pubDate>Thu, 25 Apr 2024 00:00:42 -0400</pubDate> <guid>http://www.techmeme.com/240425/p1#a240425p1</guid></item><item> <title>TSMC unveils a new chip manufacturing technology called A16 and says it plans to start producing its ultra-advanced 1.6nm chips by 2026 (Cheng Ting-Fang/Nikkei Asia)</title> <link>http://www.techmeme.com/240424/p54#a240424p54</link> <description><![CDATA[<A HREF="https://t.co/1Xx0jDpvuC"><IMG VSPACE="4" HSPACE="4" BORDER="0" ALIGN="RIGHT" SRC="http://www.techmeme.com/240424/i54.jpg"></A><P><A HREF="http://www.techmeme.com/240424/p54#a240424p54" TITLE="Techmeme permalink"><IMG WIDTH=11 HEIGHT=12 SRC="http://www.techmeme.com/img/pml.png" STYLE="border:none;padding:0;margin:0;"></A> Cheng Ting-Fang / <A HREF="https://asia.nikkei.com/">Nikkei Asia</A>:<BR><SPAN STYLE="font-size:1.3em;"><B><A HREF="https://t.co/1Xx0jDpvuC">TSMC unveils a new chip manufacturing technology called A16 and says it plans to start producing its ultra-advanced 1.6nm chips by 2026</A></B></SPAN> — Taiwan chip titan aims to secure leading position and capture AI demand — TAIPEI — Taiwan Semiconductor Manufacturing Co. says it will start production … </P>]]></description> <pubDate>Wed, 24 Apr 2024 23:10:03 -0400</pubDate> <guid>http://www.techmeme.com/240424/p54#a240424p54</guid></item><item> <title>Reddit announces that its Dynamic Product Ads, which use "shopping signals" to automatically show relevant ads to users, are entering public beta globally (Scharon Harding/Ars Technica)</title> <link>http://www.techmeme.com/240424/p53#a240424p53</link> <description><![CDATA[<A HREF="https://arstechnica.com/gadgets/2024/04/reddit-sneaky-ai-spam-bots-compete-to-sell-you-stuff/"><IMG VSPACE="4" HSPACE="4" BORDER="0" ALIGN="RIGHT" SRC="http://www.techmeme.com/240424/i53.jpg"></A><P><A HREF="http://www.techmeme.com/240424/p53#a240424p53" TITLE="Techmeme permalink"><IMG WIDTH=11 HEIGHT=12 SRC="http://www.techmeme.com/img/pml.png" STYLE="border:none;padding:0;margin:0;"></A> Scharon Harding / <A HREF="http://arstechnica.com/">Ars Technica</A>:<BR><SPAN STYLE="font-size:1.3em;"><B><A HREF="https://arstechnica.com/gadgets/2024/04/reddit-sneaky-ai-spam-bots-compete-to-sell-you-stuff/">Reddit announces that its Dynamic Product Ads, which use “shopping signals” to automatically show relevant ads to users, are entering public beta globally</A></B></SPAN> — Reddit says its “communities are naturally commercial.” — Reddit has made it clear that it's an ad-first business.</P>]]></description> <pubDate>Wed, 24 Apr 2024 22:25:05 -0400</pubDate> <guid>http://www.techmeme.com/240424/p53#a240424p53</guid></item><item> <title>SK Hynix reports Q1 revenue of ~$9B, more than doubling YoY, and ~$2B in operating income, above estimates of ~$1.3B and the biggest quarterly profit since 2022 (Yoolim Lee/Bloomberg)</title> <link>http://www.techmeme.com/240424/p52#a240424p52</link> <description><![CDATA[<A HREF="https://www.bloomberg.com/news/articles/2024-04-24/sk-hynix-logs-fastest-sales-growth-since-2010-on-ai-memory-boom"><IMG VSPACE="4" HSPACE="4" BORDER="0" ALIGN="RIGHT" SRC="http://www.techmeme.com/240424/i52.jpg"></A><P><A HREF="http://www.techmeme.com/240424/p52#a240424p52" TITLE="Techmeme permalink"><IMG WIDTH=11 HEIGHT=12 SRC="http://www.techmeme.com/img/pml.png" STYLE="border:none;padding:0;margin:0;"></A> Yoolim Lee / <A HREF="https://www.bloomberg.com/">Bloomberg</A>:<BR><SPAN STYLE="font-size:1.3em;"><B><A HREF="https://www.bloomberg.com/news/articles/2024-04-24/sk-hynix-logs-fastest-sales-growth-since-2010-on-ai-memory-boom">SK Hynix reports Q1 revenue of ~$9B, more than doubling YoY, and ~$2B in operating income, above estimates of ~$1.3B and the biggest quarterly profit since 2022</A></B></SPAN> — Sales at the world's No. 2 maker of memory more than doubled to 12.4 trillion won ($9 billion) in the March quarter, beating expectations.</P>]]></description> <pubDate>Wed, 24 Apr 2024 20:55:01 -0400</pubDate> <guid>http://www.techmeme.com/240424/p52#a240424p52</guid></item><item> <title>Memo: Thrasio CEO Greg Greeley plans to resign and five other senior executives will "step down when Thrasio emerges from Chapter 11 in the coming weeks" (Annie Palmer/CNBC)</title> <link>http://www.techmeme.com/240424/p51#a240424p51</link> <description><![CDATA[<A HREF="https://www.cnbc.com/2024/04/24/amazon-aggregator-thrasio-loses-ceo-other-top-execs-in-bankruptcy.html"><IMG VSPACE="4" HSPACE="4" BORDER="0" ALIGN="RIGHT" SRC="http://www.techmeme.com/240424/i51.jpg"></A><P><A HREF="http://www.techmeme.com/240424/p51#a240424p51" TITLE="Techmeme permalink"><IMG WIDTH=11 HEIGHT=12 SRC="http://www.techmeme.com/img/pml.png" STYLE="border:none;padding:0;margin:0;"></A> Annie Palmer / <A HREF="http://www.cnbc.com/">CNBC</A>:<BR><SPAN STYLE="font-size:1.3em;"><B><A HREF="https://www.cnbc.com/2024/04/24/amazon-aggregator-thrasio-loses-ceo-other-top-execs-in-bankruptcy.html">Memo: Thrasio CEO Greg Greeley plans to resign and five other senior executives will “step down when Thrasio emerges from Chapter 11 in the coming weeks”</A></B></SPAN> — Thrasio, an early leader in the big business of Amazon aggregators, had a booth at the popular Prosper Show for Amazon sellers in Las Vegas, Nevada, on July 14, 2021.</P>]]></description> <pubDate>Wed, 24 Apr 2024 20:40:00 -0400</pubDate> <guid>http://www.techmeme.com/240424/p51#a240424p51</guid></item><item> <title>Hands-on with the Rabbit R1: a fun and funky AI device that feels pretty nice and does a solid job with basic AI questions, but the Rabbithole app is unfinished (David Pierce/The Verge)</title> <link>http://www.techmeme.com/240424/p50#a240424p50</link> <description><![CDATA[<A HREF="https://www.theverge.com/24138746/rabbit-r1-hands-on-ai-gadget-chatgpt"><IMG VSPACE="4" HSPACE="4" BORDER="0" ALIGN="RIGHT" SRC="http://www.techmeme.com/240424/i50.jpg"></A><P><A HREF="http://www.techmeme.com/240424/p50#a240424p50" TITLE="Techmeme permalink"><IMG WIDTH=11 HEIGHT=12 SRC="http://www.techmeme.com/img/pml.png" STYLE="border:none;padding:0;margin:0;"></A> David Pierce / <A HREF="https://www.theverge.com/">The Verge</A>:<BR><SPAN STYLE="font-size:1.3em;"><B><A HREF="https://www.theverge.com/24138746/rabbit-r1-hands-on-ai-gadget-chatgpt">Hands-on with the Rabbit R1: a fun and funky AI device that feels pretty nice and does a solid job with basic AI questions, but the Rabbithole app is unfinished</A></B></SPAN> — There were times I wasn't sure the Rabbit R1 was even a real thing. The AI-powered, Teenage Engineering-designed device came … </P>]]></description> <pubDate>Wed, 24 Apr 2024 19:45:05 -0400</pubDate> <guid>http://www.techmeme.com/240424/p50#a240424p50</guid></item><item> <title>Nooks, whose AI tools can analyze sales calls and summarize customer interactions, raised a $22M Series A led by Lachy Groom, bringing its total funding to $27M (Ken Yeung/VentureBeat)</title> <link>http://www.techmeme.com/240424/p49#a240424p49</link> <description><![CDATA[<A HREF="https://venturebeat.com/ai/nooks-raises-22m-to-empower-sales-reps-with-its-ai-powered-call-platform/"><IMG VSPACE="4" HSPACE="4" BORDER="0" ALIGN="RIGHT" SRC="http://www.techmeme.com/240424/i49.jpg"></A><P><A HREF="http://www.techmeme.com/240424/p49#a240424p49" TITLE="Techmeme permalink"><IMG WIDTH=11 HEIGHT=12 SRC="http://www.techmeme.com/img/pml.png" STYLE="border:none;padding:0;margin:0;"></A> Ken Yeung / <A HREF="https://www.venturebeat.com/">VentureBeat</A>:<BR><SPAN STYLE="font-size:1.3em;"><B><A HREF="https://venturebeat.com/ai/nooks-raises-22m-to-empower-sales-reps-with-its-ai-powered-call-platform/">Nooks, whose AI tools can analyze sales calls and summarize customer interactions, raised a $22M Series A led by Lachy Groom, bringing its total funding to $27M</A></B></SPAN> — AI startup Nooks has raised a new round of funding. It announced a $22 million Series A fundraising effort led … </P>]]></description> <pubDate>Wed, 24 Apr 2024 18:55:15 -0400</pubDate> <guid>http://www.techmeme.com/240424/p49#a240424p49</guid></item><item> <title>AI coding assistant startup Augment emerges from stealth with a $227M Series B at a $977M post-money valuation, following a $25M Series A led by Sutter Hill (Kyle Wiggers/TechCrunch)</title> <link>http://www.techmeme.com/240424/p48#a240424p48</link> <description><![CDATA[<A HREF="https://techcrunch.com/2024/04/24/eric-schmidt-backed-augment-a-github-copilot-rival-launches-out-of-stealth-with-252m/"><IMG VSPACE="4" HSPACE="4" BORDER="0" ALIGN="RIGHT" SRC="http://www.techmeme.com/240424/i48.jpg"></A><P><A HREF="http://www.techmeme.com/240424/p48#a240424p48" TITLE="Techmeme permalink"><IMG WIDTH=11 HEIGHT=12 SRC="http://www.techmeme.com/img/pml.png" STYLE="border:none;padding:0;margin:0;"></A> Kyle Wiggers / <A HREF="http://techcrunch.com/">TechCrunch</A>:<BR><SPAN STYLE="font-size:1.3em;"><B><A HREF="https://techcrunch.com/2024/04/24/eric-schmidt-backed-augment-a-github-copilot-rival-launches-out-of-stealth-with-252m/">AI coding assistant startup Augment emerges from stealth with a $227M Series B at a $977M post-money valuation, following a $25M Series A led by Sutter Hill</A></B></SPAN> — AI is supercharging coding — and developers are embracing it. — In a recent StackOverflow poll, 44% of software engineers … </P>]]></description> <pubDate>Wed, 24 Apr 2024 18:10:04 -0400</pubDate> <guid>http://www.techmeme.com/240424/p48#a240424p48</guid></item><item> <title>Source: cloud data management startup Rubrik priced its IPO at $32 a share, above its expected $28-$31 range, raising $752M and valuing the company at $5.6B (CNBC)</title> <link>http://www.techmeme.com/240424/p47#a240424p47</link> <description><![CDATA[<A HREF="https://www.cnbc.com/2024/04/24/rubrik-prices-ipo-at-32-per-share-above-expected-range.html"><IMG VSPACE="4" HSPACE="4" BORDER="0" ALIGN="RIGHT" SRC="http://www.techmeme.com/240424/i47.jpg"></A><P><A HREF="http://www.techmeme.com/240424/p47#a240424p47" TITLE="Techmeme permalink"><IMG WIDTH=11 HEIGHT=12 SRC="http://www.techmeme.com/img/pml.png" STYLE="border:none;padding:0;margin:0;"></A> <A HREF="http://www.cnbc.com/">CNBC</A>:<BR><SPAN STYLE="font-size:1.3em;"><B><A HREF="https://www.cnbc.com/2024/04/24/rubrik-prices-ipo-at-32-per-share-above-expected-range.html">Source: cloud data management startup Rubrik priced its IPO at $32 a share, above its expected $28-$31 range, raising $752M and valuing the company at $5.6B</A></B></SPAN> — Bipul Sinha, co-founder and CEO of data security software company Rubrik. Sinha previously backed cloud management company Nutanix.</P>]]></description> <pubDate>Wed, 24 Apr 2024 17:50:19 -0400</pubDate> <guid>http://www.techmeme.com/240424/p47#a240424p47</guid></item><item> <title>Meta's stock drops 15%+ after hours on weak Q2 revenue guidance and higher FY 2024 capital expenditures due to increased AI infrastructure investments (Ashley Capoot/CNBC)</title> <link>http://www.techmeme.com/240424/p46#a240424p46</link> <description><![CDATA[<A HREF="https://www.cnbc.com/2024/04/24/meta-meta-q1-2024-earnings-.html"><IMG VSPACE="4" HSPACE="4" BORDER="0" ALIGN="RIGHT" SRC="http://www.techmeme.com/240424/i46.jpg"></A><P><A HREF="http://www.techmeme.com/240424/p46#a240424p46" TITLE="Techmeme permalink"><IMG WIDTH=11 HEIGHT=12 SRC="http://www.techmeme.com/img/pml.png" STYLE="border:none;padding:0;margin:0;"></A> Ashley Capoot / <A HREF="http://www.cnbc.com/">CNBC</A>:<BR><SPAN STYLE="font-size:1.3em;"><B><A HREF="https://www.cnbc.com/2024/04/24/meta-meta-q1-2024-earnings-.html">Meta's stock drops 15%+ after hours on weak Q2 revenue guidance and higher FY 2024 capital expenditures due to increased AI infrastructure investments</A></B></SPAN> — Meta shares plunged in extended trading on Wednesday after the company issued a light forecast, overshadowing better-than-expected first-quarter results.</P>]]></description> <pubDate>Wed, 24 Apr 2024 17:15:15 -0400</pubDate> <guid>http://www.techmeme.com/240424/p46#a240424p46</guid></item><item> <title>Meta's Reality Labs Q1: revenue up 30% YoY to $440M, vs. $512.5M est., a $3.85B operating loss, vs. $4.31B est.; Reality Labs lost $45B+ since the end of 2020 (Alex Koller/CNBC)</title> <link>http://www.techmeme.com/240424/p45#a240424p45</link> <description><![CDATA[<A HREF="https://www.cnbc.com/2024/04/24/metas-reality-labs-posts-3point85-billion-loss-in-first-quarter.html"><IMG VSPACE="4" HSPACE="4" BORDER="0" ALIGN="RIGHT" SRC="http://www.techmeme.com/240424/i45.jpg"></A><P><A HREF="http://www.techmeme.com/240424/p45#a240424p45" TITLE="Techmeme permalink"><IMG WIDTH=11 HEIGHT=12 SRC="http://www.techmeme.com/img/pml.png" STYLE="border:none;padding:0;margin:0;"></A> Alex Koller / <A HREF="http://www.cnbc.com/">CNBC</A>:<BR><SPAN STYLE="font-size:1.3em;"><B><A HREF="https://www.cnbc.com/2024/04/24/metas-reality-labs-posts-3point85-billion-loss-in-first-quarter.html">Meta's Reality Labs Q1: revenue up 30% YoY to $440M, vs. $512.5M est., a $3.85B operating loss, vs. $4.31B est.; Reality Labs lost $45B+ since the end of 2020</A></B></SPAN> — Facebook co-founder and chief executive, Mark Zuckerberg, speaks at an Oculus developers conference while wearing a virtual reality headset in San Jose, California.</P>]]></description> <pubDate>Wed, 24 Apr 2024 16:40:17 -0400</pubDate> <guid>http://www.techmeme.com/240424/p45#a240424p45</guid></item><item> <title>IBM agrees to buy HashiCorp, which helps companies manage cloud infrastructure, in a deal valuing HashiCorp at $6.4B and expected to close by the end of 2024 (Ben Glickman/Wall Street Journal)</title> <link>http://www.techmeme.com/240424/p44#a240424p44</link> <description><![CDATA[<A HREF="https://www.wsj.com/business/deals/ibm-to-buy-hashicorp-in-6-4-billion-deal-a71b988e?st=nk9gc4khf7lu9qe&reflink=desktopwebshare_permalink"><IMG VSPACE="4" HSPACE="4" BORDER="0" ALIGN="RIGHT" SRC="http://www.techmeme.com/240424/i44.jpg"></A><P><A HREF="http://www.techmeme.com/240424/p44#a240424p44" TITLE="Techmeme permalink"><IMG WIDTH=11 HEIGHT=12 SRC="http://www.techmeme.com/img/pml.png" STYLE="border:none;padding:0;margin:0;"></A> Ben Glickman / <A HREF="https://www.wsj.com/">Wall Street Journal</A>:<BR><SPAN STYLE="font-size:1.3em;"><B><A HREF="https://www.wsj.com/business/deals/ibm-to-buy-hashicorp-in-6-4-billion-deal-a71b988e?st=nk9gc4khf7lu9qe&reflink=desktopwebshare_permalink">IBM agrees to buy HashiCorp, which helps companies manage cloud infrastructure, in a deal valuing HashiCorp at $6.4B and expected to close by the end of 2024</A></B></SPAN> — IBM will pay $35 a share for the cloud-software company in cash, giving it access to HashiCorp's roster of some 4,400 clients</P>]]></description> <pubDate>Wed, 24 Apr 2024 16:35:01 -0400</pubDate> <guid>http://www.techmeme.com/240424/p44#a240424p44</guid></item><item> <title>IBM reports Q1 revenue up 1% YoY to $14.46B, vs. $14.55B est., software revenue up 5.5% YoY to $5.9B, and net income of $1.6B, up from $927M YoY; IBM drops 5%+ (Jordan Novet/CNBC)</title> <link>http://www.techmeme.com/240424/p43#a240424p43</link> <description><![CDATA[<A HREF="https://www.cnbc.com/2024/04/24/ibm-q1-earnings-report-2024-ibm-to-acquire-hashicorp.html"><IMG VSPACE="4" HSPACE="4" BORDER="0" ALIGN="RIGHT" SRC="http://www.techmeme.com/240424/i43.jpg"></A><P><A HREF="http://www.techmeme.com/240424/p43#a240424p43" TITLE="Techmeme permalink"><IMG WIDTH=11 HEIGHT=12 SRC="http://www.techmeme.com/img/pml.png" STYLE="border:none;padding:0;margin:0;"></A> Jordan Novet / <A HREF="http://www.cnbc.com/">CNBC</A>:<BR><SPAN STYLE="font-size:1.3em;"><B><A HREF="https://www.cnbc.com/2024/04/24/ibm-q1-earnings-report-2024-ibm-to-acquire-hashicorp.html">IBM reports Q1 revenue up 1% YoY to $14.46B, vs. $14.55B est., software revenue up 5.5% YoY to $5.9B, and net income of $1.6B, up from $927M YoY; IBM drops 5%+</A></B></SPAN> — IBM CEO Arvind Krishna appears at the World Economic Forum in Davos, Switzerland, on Jan. 16, 2024.</P>]]></description> <pubDate>Wed, 24 Apr 2024 16:25:06 -0400</pubDate> <guid>http://www.techmeme.com/240424/p43#a240424p43</guid></item></channel></rss> If you would like to create a banner that links to this page (i.e. this validation result), do the following:
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