In other news, Nvidia has unveiled Fugatto, an AI that can create and modify audio based on a text prompt. Australia has dropped its plan to fine tech companies for misinformation on their platforms, citing the impossibility of getting the law through the Senate. The article also mentions various other tech updates, including a raid on Amazon by Japanese authorities, a ransomware attack on Starbucks, and Brightcove going private in a $233m deal.
Key takeaways:
- OnlyFans, a media platform popular for adult content, has a billion dollars more in revenue than Snapchat, as many users as Meta’s Threads, and three times as many creators as TikTok.
- Qualcomm's interest in acquiring Intel has reportedly cooled due to complications such as antitrust scrutiny, Intel's debt, and its unprofitable chipmaking unit.
- California is proposing a new Clean Vehicle Rebate that could exclude Tesla models. The proposal aims to create market conditions for more car makers to take root.
- Nvidia has unveiled Fugatto, an AI model that can create and modify audio based on a text prompt. However, the company has no plans to release it.