Tech Meme

Samantha Subin / CNBC: Nvidia’s stock drops 16.86%, closing at $118.58, dropping nearly $600B in market cap, more than twice as much as any US company has ever dropped in a single day  —  Nvidia lost close to $600 billion in market cap on Monday, the biggest drop for any company on a single day in U.S. history. Lees verder op Tech Meme

Kif Leswing / CNBC: Nvidia calls DeepSeek’s work “an excellent AI advancement”, reiterating “inference requires significant numbers of NVIDIA GPUs and high-performance networking”  —  Nvidia called DeepSeek’s R1 model “an excellent AI advancement,” despite the Chinese startup’s emergence causing … Lees verder op Tech Meme

Brian Heater / TechCrunch: Google open sources PebbleOS, paving the way for more smartwatch hardware; Pebble founder Eric Migicovsky aims to develop a new smartwatch  —  Four years after launching the (then) most lucrative crowdfunding campaign in Kickstarter’s history, Pebble abruptly ended. Lees verder op Tech Meme

Financial Times: Tech stocks fall sharply over DeepSeek concerns, with NVDA down 18%+, AVGO down 19%+, TSM down 14%+, AMD down 6%+, ASML down 7%+, and MSFT down 3%+  —  Start-up’s model raises questions about need for huge western hardware investment  —  Tech stocks tumbled on Monday as advances … Lees verder op Tech Meme

Financial Times: Tech stocks fall sharply over DeepSeek concerns, with NVDA down 17%+, AVGO down 19%+, TSM down 14%+, AMD down 6%+, ASML down 7%+, and MSFT down 3%+  —  Start-up’s model raises questions about need for huge western hardware investment  —  Tech stocks tumbled on Monday as advances … Lees verder op Tech Meme

Bloomberg: Sources: some banks led by Morgan Stanley are in talks to sell up to $3B of senior secured debt tied to Twitter’s buyout, boosted by a claim to a ~$6B xAI stake  —  – Morgan Stanley leads lenders selling debt tied to X buyout  — Creditors said to be told they’ll have claim to AI stake Lees verder op Tech Meme

Kif Leswing / CNBC: Apple releases iOS 18.3, iPadOS 18.3, and macOS 15.3, enabling Apple Intelligence by default on supported devices but disabling AI summaries for news apps  —  Apple on Monday released a software update for iPhones, iPads and Macs that turns Apple Intelligence on by default for users with supported devices. Lees verder op Tech Meme

Financial Times: Tech stocks fall sharply over DeepSeek concerns, with NVDA down 16%+, AVGO down 18%+, TSM down 14%+, AMD down 6%+, ASML down 7%+, and MSFT down 3%+  —  Start-up’s model raises questions about need for huge western hardware investment  —  Tech stocks tumbled on Monday as advances … Lees verder op Tech Meme

Kyle Wiggers / TechCrunch: Meta says Meta AI will now use account info from across Meta’s apps to give personalized suggestions; users can also ask Meta AI to “remember” specific things  —  Meta says that it is rolling out improvements to Meta AI, its cross-platform chatbot, including the ability have the bot “remember” details from conversations. Lees verder op Tech Meme

Kyle Wiggers / TechCrunch: DeepSeek debuts a family of multimodal, MIT-licensed open-source models including Janus-Pro-7B, which it claims beats OpenAI’s DALL-E 3 in GenEval and DPG-Bench  —  DeepSeek, the viral AI company, has released a new set of multimodal AI models that it claims can outperform OpenAI’s DALL-E 3. Lees verder op Tech Meme