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Daily tech News: ByteDance, OpenAI, Google, Alibaba, Snowflake, Starlink

May 22, 2024

Here are the top stories on Techzi

Mark Zuckerberg’s Style Evolution: A Strategic Shift or Personal Reinvention?

  • Mark Zuckerberg’s style transformation sparks speculation about motives.

  • Experts say fashion choices can reframe public image.

  • Questions remain about genuine reinvention or strategic rebranding.

ByteDance’s Doubao Surpasses Baidu’s Ernie in China’s AI Chatbot Race

  • ByteDance’s AI chatbot Doubao surpasses Baidu’s Ernie in China.

  • ByteDance expands AI offerings, including education app Gauth.

  • Baidu explores alternative monetization strategies for Ernie.

OpenAI’s Superalignment Team Struggles Amid Shifting Priorities

  • OpenAI’s Superalignment team, crucial for AI safety, faced resource constraints.

  • Key members resigned, citing shifting priorities.

  • Concerns arise about OpenAI’s commitment to responsible AI development.

When VC Money is Used to Wipe Out Local Small Businesses without Adding Any Value

Guest Author: Ken Leaver

  • VC-backed company undercuts local players by burning cash raised from investors.

  • Company outsources work offshore while overspending on marketing to acquire customers expensively.

  • Investors bankroll growth at expense of quality, putting small businesses at risk.

AI Showdown: OpenAI and Google Flex Their Artificial Muscles

  • OpenAI and Google showcase AI advancements at spring events.

  • Leadership changes hit AWS and OpenAI.

  • Meta shutters Workplace, casting doubt on enterprise ambitions.

Musk Mulls Over Indonesian EV Battery Plant Offer

  • Elon Musk considers Indonesia’s offer for an EV battery plant.

  • Indonesia seeks Musk’s investment, leveraging nickel reserves.

  • Musk also mulls AI center and SpaceX launchpad in the country.

Alibaba Injects $230M into Lazada during Ecommerce Battles

  • Alibaba invests $230M in Lazada, bringing total to $7.7B since 2016.

  • Lazada’s low-cost Choice platform competes with Temu and Shein.

  • Alibaba streamlines operations after losing ground to PDD Holdings.

Snowflake Eyes $1B Acquisition of Reka AI to Bolster Generative AI Capabilities

  • Snowflake eyes $1B acquisition of Reka AI.

  • Singapore-founded startup develops AI language models.

  • Deal aims to bolster Snowflake’s generative AI capabilities.

  • SpaceX’s Starlink launches in Indonesia, focusing on connecting remote health clinics.

  • Starlink aims to tackle health issues by enabling real-time data input.

  • The service now operates in 99 countries, including Ukraine and Fiji.

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