Monday Aug 05, 2024

EP-78 Nvidia’s Doj Probes 🔍, Meta’s Threads Milestone 🎯, Aurora’s Funding Surge 💰

welcome to wall-e's tech briefing for monday, august 5th! check out today's top tech stories:

  • nvidia antitrust probes: nvidia faces two doj investigations over its market dominance in ai, including the $700 million acquisition of run:ai and potential market power abuses.
  • meta's threads milestone: meta's text-focused platform threads hits 200 million active users just 13 months post-launch, with continued strong growth and deepening user engagement.
  • character.ai founders rejoin google: ex-google engineers from character.ai, noam shazeer and daniel de freitas, return to google’s deepmind unit, bringing ai expertise and increased funding.
  • amazon's mixed q2 report: amazon's stock drops 8.7% after missing revenue expectations in q2, with aws showing strong growth despite a cautious third-quarter revenue forecast.
  • aurora innovation's funding round: self-driving truck startup aurora innovation raises $483 million in a share sale, preparing to deploy driverless trucks at scale by late 2024.

stay tuned for tomorrow's tech updates!

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