Dan Primack / Axios: PitchBook: VCs in the US invested $37.5B via 2,794 deals in Q3 2024, down 32% QoQ, despite some big AI rounds, as a lack of exits restricts new deal activity  —  Venture capital's lack of exits is restricting new deal activity, according to the latest PitchBook-NVCA Venture Monitor.

Timothy B Lee / Understanding AI: An interview with Waymo co-CEO Dmitri Dolgov on Tesla fans' claims that Waymo's software relies on hand-coded rules, can't handle freeway driving, and more  —  I talked to Dmitri Dolgov, co-CEO of Waymo.  —  This evening, Elon Musk will take the stage in Los Angeles for an event titled “We Robot.”

Dario Amodei: An essay on what a “powerful AI” may look like and how it could positively transform the world in biology, neuroscience, economic development, work, and more  —  How AI Could Transform the World for the Better  —  I think and talk a lot about the risks of powerful AI.

Rozanna Latiff / Reuters: TikTok is laying off hundreds of employees globally, including less than 500 in Malaysia, as it shifts focus towards a greater use of AI in content moderation  —  Social media platform TikTok is laying off hundreds of employees from its global workforce, including a large number of staff in Malaysia …

Bloomberg: Investigation: Uber and Lyft lockouts for 800+ NYC drivers occurred almost every hour of every day, saving the companies hundreds of millions of dollars in pay  —  One August morning in south Brooklyn, Mohamed Mohamed did what he's done almost every day for nine years: He woke up at 5 a.m. …

Marina Temkin / TechCrunch: Filing: in OpenAI's $6.6B round, Khosla Ventures invested $405M; the majority, or possibly all, was pooled from other investors via a special purpose vehicle  —  Khosla Ventures has raised $405 million for OpenAI, according to a regulatory filing.  —  Based on the filing alone …