Techmeme: Alibaba leverages computing resources to become a leading AI investor in China; sources: cloud credits made up ~50% of Alibaba's $800M investment in Moonshot AI (Financial Times)
Techmeme
May 12, 2024, 1:15 AM

Top News

Jasper Goodman / Politico:
Financial Times:
Alibaba leverages computing resources to become a leading AI investor in China; sources: cloud credits made up ~50% of Alibaba's $800M investment in Moonshot AI  —  Ecommerce giant offers computing resources to fast-growing start-ups in exchange for equity  —  Alibaba has been leveraging …
Wes Davis / The Verge:
What to expect at Google I/O 2024: Android 15 updates, more generative AI features for Google's apps, a new Gemini-powered “Pixie” digital assistant, and more  —  Google is preparing to hold its annual Google I/O developer conference next week, and naturally, it will be all about AI.
Kyle Wiggers / TechCrunch:
The UK government's new AI safety body releases Inspect, an evaluation tool for AI model capabilities, including models' core knowledge and ability to reason  —  The U.K. Safety Institute, the U.K.'s recently established AI safety body, has released a toolset designed to “strengthen AI safety” …
Ju-min Park / Reuters:
South Korea's Finance Minister Choi Sang-mok says the government is preparing a $7.3B+ support package for chip investments to win the “war” in the chip sector  —  South Korea is readying plans for a support package for chip investments and research worth more than 10 trillion won …
More: Bloomberg
Nikkei Asia:
Sources: Arm plans to set up an AI chip division, aiming to build a prototype by spring 2025, with mass production expected to start later in the year  —  CEO Son seeks to invest $64bn, including in data centers and robotics  —  TOKYO/LONDON — SoftBank Group subsidiary Arm will foray …
More: Reuters
Abubakar Idris / The Information:
Waymo says its Waymo One robotaxis now complete over 50K paid trips every week across San Francisco, Phoenix, and Los Angeles, up from 10K rides in May 2023  —  Waymo, Google's autonomous car unit, said it now completes more than 50,000 driverless rides per week in three cities, up from 10,000 in May last year.
More: Engadget, PCMag, and The Verge
X: @waymo, @waymo, and @waymo
Daysia Tolentino / NBC News:
At the Bloomberg Technology Summit, Bumble founder Whitney Wolfe Herd said the future of dating could have digital, AI-powered personas setting each other up  —  Whitney Wolfe Herd, founder and executive chair of Bumble, said that the dating app wants to use AI to “create more healthy and equitable relationships.”
Zeyi Yang / MIT Technology Review:
The demand for AI tech to preserve, animate, and interact with lost loved ones is especially strong in China, where thousands have already paid to use such tech  —  Once a week, Sun Kai has a video call with his mother.  He opens up about work, the pressures he faces as a middle-aged man …
Marina Temkin / TechCrunch:
Rad AI, which offers generative AI tools for radiology reporting, raised a $50M Series B led by Khosla Ventures, bringing its total funding to over $80M  —  In 2017, Vinod Khosla told CNBC that the job “of the radiologist will be obsolete in five years.”  While the founder of Khosla Ventures …

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