Meta acquired synthetic data startup AI. Reverie in August, consolidating it into Reality Labs; AI. Reverie previously had a US DoD contract worth up to $950M — Synthetic data company AI. Reverie will work within group's Reality Labs division — An artificial intelligence company contracted …
Sources: the FTC moves ahead with an antitrust probe of Microsoft opened by Lina Khan, signaling that new Chair Andrew Ferguson prioritizes Big Tech scrutiny (Bloomberg)
Bloomberg:
Sources: the FTC moves ahead with an antitrust probe of Microsoft opened by OpenAI calls DeepSeek "state-controlled" and recommends that the US consider banning "PRC-produced" models that "violate user privacy and create security risks" (Kyle Wiggers/TechCrunch)
Kyle Wiggers / TechCrunch:
OpenAI calls DeepSeek “state-controlled” and recommends thatSource: 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 pendinSources: Apple and Meta are set to face modest fines for allegedly breaching the EU's DMA, which allows fines of up to 10% of companies' global annual sales (Reuters)
Reuters:
Sources: Apple and Meta are set to face modest fines for allegedly breaching tBlock says it is expanding consumer lending through Cash App Borrow after obtaining FDIC approval to issue loans out of its subsidiary Square Financial Services (MacKenzie Sigalos/CNBC)
MacKenzie Sigalos / CNBC:
Block says it is expanding consumer lending through Cash App Adobe: 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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