Reading List

The most recent articles from a list of feeds I subscribe to.

Sources: Revolut scrapped plans to buy a US lender and will instead apply for a US banking license, betting Trump's lighter touch on approvals will be faster (Financial Times)

Financial Times:
Sources: Revolut scrapped plans to buy a US lender and will instead apply for a US banking license, betting Trump's lighter touch on approvals will be faster  —  UK-headquartered fintech had hoped to secure a banking charter through buying an American lender  —  Stephen Morris in Davos and Laith Al-Khalaf in London

How Anthropic, OpenAI, and Google are testing AI models by having them play Pokémon Blue on Twitch to track a model's ability to reason and make decisions (Isabelle Bousquette/Wall Street Journal)

Isabelle Bousquette / Wall Street Journal:
How Anthropic, OpenAI, and Google are testing AI models by having them play Pokémon Blue on Twitch to track a model's ability to reason and make decisions  —  Nintendo's original Pokémon games are becoming a popular and strangely effective way to test and benchmark new artificial-intelligence models.

Bengaluru-based digital payments startup Juspay raised $50M, in a mix of primary and secondary investments, from WestBridge Capital at a $1.2B valuation (The Economic Times)

The Economic Times:
Bengaluru-based digital payments startup Juspay raised $50M, in a mix of primary and secondary investments, from WestBridge Capital at a $1.2B valuation  —  Founded in 2012, Bengaluru-based Juspay powers payment systems for major global brands such as Amazon, Flipkart, Google, IndiGo, and Swiggy.

Sam Altman says OpenAI added more than $1B in annual recurring revenue in the past month "just from our API business" (Lee Chong Ming/Business Insider)

Lee Chong Ming / Business Insider:
Sam Altman says OpenAI added more than $1B in annual recurring revenue in the past month “just from our API business”  —  - OpenAI has made more than $1 billion a month from something other than ChatGPT.  — That revenue comes “just from our API business,” Sam Altman said.

The US' TikTok deal is a win for ByteDance: it will keep and license the algorithm instead of selling it, and continue to run TikTok's commercial activities (Jim Secreto/Financial Times)

Jim Secreto / Financial Times:
The US' TikTok deal is a win for ByteDance: it will keep and license the algorithm instead of selling it, and continue to run TikTok's commercial activities  —  Washington's compromise has stabilised one of Beijing's most important technology companies