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🗓️ 8 January 2025
⏱️ 2 minutes
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0:00.0 | Here's your TMB Tech Minute for Wednesday, January 8th. |
0:05.0 | I'm James Rundle for the Wall Street Journal. |
0:07.0 | We're exclusively reporting that advanced microdevices is investing $20 million |
0:12.0 | in drug discovery company, Absai. |
0:14.0 | The investment allows Absai to access the computing power it needs for its use of artificial |
0:19.0 | intelligence at a lower cost. It will also give |
0:21.5 | AMD a foothold in the Life Sciences market, where it aims to compete with rival |
0:25.3 | Nvidia over the growing market for AI chips. In 2023, Nvidia invested $50 million in |
0:31.5 | drug discovery company recursion pharmaceuticals, which then used its technology to underpin its AI |
0:36.7 | modeling. The deal includes |
0:38.8 | AMD taking a stake in Abside, but the chipmaker didn't disclose the amount. OpenAI CEO Sam Altman |
0:45.6 | is being sued by his sister, Anne Altman, over allegations that he sexually abused her for several |
0:50.8 | years when they were children. Altman denies the accusations. |
0:58.4 | The lawsuit alleges that the abuse occurred at their family home in Missouri from approximately 1997 through 2006. The lawsuit requests a jury trial and damages in excess of $75,000. |
1:06.8 | Sam Altman denied the accusations in a post on X yesterday and said his sister has suffered |
1:11.2 | for mental health challenges. |
1:13.0 | Wall Street Journal-Oner News Corp has a content licensing partnership with OpenAI. |
1:18.0 | And Meta says it will run a test allowing some users in the US, France and Germany to browse |
1:23.1 | listings from rival eBay on its Facebook Marketplace platform. |
1:26.8 | That comes after the European Union |
1:28.5 | ruled that the link between its classified ads platform, marketplace, and Facebook, violated |
1:33.6 | competition laws. Meta is still appealing that decision, which also levied an $825 million |
... |
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