Cryptocurrency exchange FTX raises $900M from SoftBank, Sequoia Capital, others, valuing it at $18B; CryptoCompare: FTX handles $10B+ in trades on an avg. day — Investors include SoftBank, Sequoia Capital and Daniel Loeb's Third Point hedge fund — Cryptocurrency exchange FTX has raised money …
Ubisoft carves out a unit, which includes Assassin's Creed, into a ~€4B subsidiary; Tencent will invest €1.16B to acquire a 25% stake in the new entity (Bloomberg)
Bloomberg:
Ubisoft carves out a unit, which includes Assassin's Creed, into a ~€4B subsGoogle is rolling out new real-time AI video features, including the ability to "see" screens and camera feeds, for Gemini Advanced subscribers (Wes Davis/The Verge)
Wes Davis / The Verge:
Google is rolling out new real-time AI video features, includingSource: Insight Partners is set to reap ~$2.7B from the pending sale of Wiz to Alphabet, a 15.5x return on its invested capital, based on its ~8% stake in Wiz (Gillian Tan/Bloomberg)
Gillian Tan / Bloomberg:
Source: Insight Partners is set to reap ~$2.7B from the pendinAmazon partners with Electronic Arts to bring EA games like Star Wars Jedi: Survivor to cloud gaming service Amazon Luna, which is now available in 14 countries (Dean Takahashi/VentureBeat)
Dean Takahashi / VentureBeat:
Amazon partners with Electronic Arts to bring EA games liSome developers say licenses for "open" AI models like Google's Gemma and Meta's Llama have limits that restrict commercial use without fear of legal reprisal (Kyle Wiggers/TechCrunch)
Kyle Wiggers / TechCrunch:
Some developers say licenses for “open” AI models like GooglAdobe: traffic from AI sources to US retail sites in February rose 1,200% from July 2024; 39% of US consumers used generative AI for shopping, 53% plan to do so (Mike Pastore/Search Engine Land)
Mike Pastore / Search Engine Land:
Adobe: traffic from AI sources to US retail sites in
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