Hayden Field / CNBC: Sensor Tower: from July 8 to July 11 and 12, Threads DAUs fell ~20% and time spent fell 50% to 10 minutes; Similarweb: Android DAUs fell 25%+ from July 7 to 10  —  – Facebook’s Twitter-killer, Threads, has seen drops in daily active users and time spent on app since the weekend, according to SensorTower and SimilarWeb. Lees verder op Tech Meme

Semafor: Sources: Elon Musk claimed xAI was worth $20B, as he was trying to recruit top AI talent and offering equity in his new startup  —  Elon Musk sought to recruit top AI talent to his new artificial intelligence company with equity in the venture he claimed was already worth tens of billions of dollars … Lees verder op Tech Meme

Kyle Wiggers / TechCrunch: Meta unveils CM3leon, an image generation transformer model requiring five times less compute and a smaller training dataset than past transformer-based methods  —  Over the past two years, AI-powered image generators have become commodified, more or less, thanks to the widespread availability of … Lees verder op Tech Meme

Ingrid Lunden / TechCrunch: Oslo-based online game-based learning service Kahoot plans to go private in an all-cash private equity deal, led by Goldman Sachs, valuing the startup at $1.7B  —  Big moves ahead for Kahoot, the Oslo startup that’s built a popular platform for users to create, share and play education-focused … Lees verder op Tech Meme