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OpenAI $500B datacenter ⚡, MrBeast's TikTok bid 📱, Perplexity search API 👨‍💻

TLDR <dan@tldrnewsletter.com>

January 22, 11:22 am

TLDR
OpenAI, SoftBank, and Oracle, along with others, have teamed up to build multiple data centers for AI in the US in a joint venture ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 

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Big Tech & Startups

OpenAI teams up with SoftBank and Oracle on $500B data center project (5 minute read)

OpenAI, SoftBank, and Oracle, along with others, have teamed up to build multiple data centers for AI in the US. The joint venture, called The Stargate Project, will create hundreds of thousands of jobs and secure American leadership in AI. It will begin with a large data center project in Texas before eventually expanding to other states. The companies expect to pour up to $500 billion into the venture over the next four years. OpenAI is reportedly aggressively building out a team of chip designers and engineers to create an AI chip for running models - it could arrive in data centers as soon as 2026.
MrBeast is reportedly now among those trying to buy TikTok (1 minute read)

Employer.com has joined forces with YouTuber MrBeast to buy TikTok. They haven't disclosed their all-cash bid amount, and it's not clear if ByteDance is seriously considering the offer. President Trump has signed an executive order delaying any potential TikTok ban for 75 days. Other potential TikTok buyers include Elon Musk, Amazon, Oracle, and a syndicate headed by billionaire Frank McCourt.
🚀

Science & Futuristic Technology

DeepMind's Hassabis Sees AI-Designed Drug Trials This Year (2 minute read)

Isomorphic Labs' Nobel Prize-winning chief executive officer says that the company will hopefully have some AI-designed drugs in clinical trials by the end of the year. It is working on shortening the drug discovery process from a decade or more to just weeks or months. The company, created in 2021 to commercialize Google DeepMind's AlphaFold AI for drug discovery, announced strategic research collaboration agreements with Eli Lilly & Co. and Novartis AG last year. AlphaFold can model a range of molecular structures and predict how they interact with each other.
417-Megapixel Andromeda Galaxy Panorama Took Over a Decade to Make (4 minute read)

Astronomers have completed the most comprehensive survey of the Andromeda galaxy so far and created a 417-megapixel panorama. The massive 42,208 by 9,870-pixel panorama took over a decade to create and includes more than 600 photos. It is the largest photo mosaic ever created using Hubble Space Telescope observations. The photo shows 200 million stars, a fraction of the estimated one trillion stars in the system. It will help scientists learn more about Andromeda's history. A video showing highlights from the mosaic is available in the article.
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Programming, Design & Data Science

Are LLMs making StackOverflow irrelevant? (8 minute read)

The volume of questions asked on StackOverflow fell quickly after ChatGPT's release in November 2022. The drop continues into 2025 at an alarming speed. The site has not seen so few questions asked monthly since 2009. Its decline actually started before ChatGPT - the release of the chatbot merely sped up the decline. StackOverflow's lack of innovation may have resulted in the initial drop in questions. The drop in questions indicates that trouble is ahead.
Perplexity launches Sonar, an API for AI search (3 minute read)

Perplexity's Sonar API allows developers to build generative AI search tools into their applications. There is a base version that is cheaper and faster and a pricier version that's better for tough questions. Developers will be able to customize the sources that the AI search engine pulls from. Perplexity claims to be offering the cheapest AI search API on the market. Its models reportedly outperform leading models on a benchmark that measures factual correctness.
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Miscellaneous

Instagram is reportedly trying to attract TikTok creators with large bonuses (3 minute read)

Instagram is offering creators $10,000 to $50,000 a month to exclusively post Reels. Meta has also launched the Breakthrough Bonus program, which lets TikTok creators earn up to $5,000 over three months for posting Reels to Facebook and Instagram. The company has extended the maximum length of Reels to three minutes. It is working on a new video editing and creation app designed to compete directly with ByteDance's CapCut.
Stripe cuts 300 jobs in product, engineering, and operations (3 minute read)

Stripe has cut about 3.5% of its workforce, mostly in product, engineering, and operations. Despite this, the company plans to continue hiring and increase its headcount by 17% by the end of the year. The payments company is currently valued at about $70 billion in private markets. Stripe's founders have intentionally steered clear of public markets and have given no indication of whether an offering is on the near-term horizon. Total payment volume at the company passed $1 trillion in 2023.

Quick Links

YouTube, Netflix, Prime Video Hit Usage Highs During 2024 Holidays (2 minute read)

Streaming services commanded 43.3% of all TV viewing in the US in December.
Trump pardons dark web marketplace creator Ross Ulbricht (3 minute read)

Ross Ulbricht operated the Silk Road marketplace on the dark web between 2011 and 2013.
Microsoft loses status as OpenAI's exclusive cloud provider (2 minute read)

Microsoft will have the 'right of first refusal' when OpenAI seeks additional capacity.
Meta is building Oakley smart glasses for athletes (1 minute read)

Meta wants to tap into Oakley's cult-like following among various athlete groups.
Why AI reminds me of cloud computing (9 minute read)

Many of the early predictions about cloud computing were wrong, but that doesn't mean that it wasn't a transformative technology.

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Thanks for reading,
Dan Ni & Stephen Flanders


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