The NYT sends a cease-and-desist letter to AI startup Perplexity to stop using its content; Perplexity says it is “interested in working with every” publisher — Publisher demands that Perplexity stop accessing its content. Startup isn't interested “in being anyone's antagonist,” CEO says.
UK podcaster Harry Stebbings' 20VC raised a $400M fund for early stage startups, one of Europe's biggest venture funds; the podcast recently hosted Sam Altman — British firm 20VC pulls in $400mn to invest in early stage tech start-ups — A venture firm founded by 28-year-old British …
A look at the legal dispute between OpenAI and Open AI, run by Guy Ravine, who bought the open.ai domain and filed to trademark “Open AI” in December 2015 — Guy Ravine's Open AI (with a space) owns a trademark and website that OpenAI (no space) wants.
The UK appoints Microsoft UK CEO Clare Barclay to lead its new Industrial Strategy Advisory Council, which will focus on growing eight sectors, including tech — Clare Barclay will lead new statutory body tasked with helping Britain win investment away from rival nations
Analysis: US regulators have secured $19B+ in eight settlements from crypto firms so far in 2024, including FTX's $12.7B, and ~$32B since January 1, 2019 — What Are the Top Crypto Enforcement Actions in the US? … FTX and Alameda's lawsuit was led by the Commodity and Futures Trading Commission …
An energy crunch is forcing continued coal burning in a low-income area in North Omaha, Nebraska, as Meta and Google data centers strain regional power supply — An energy crunch forces continued coal burning in a low-income area as data centers strain the regional power supply.
A look at Apple's new home strategy and plans to launch a ~$2K headset in 2025, Vision Pro 2 in 2026, and Ray-Ban-like glasses and AirPods with cameras in 2027 — Apple is finally preparing to compete for the smart home market after falling behind Amazon and Google.
How some architects and designers are creating photorealistic virtual spaces in the metaverse; report: 41% of architectural practices use AI to some degree — The metaverse is changing the face of contemporary design — In 2020, artist and designer Charlotte Taylor and architect Riccardo Fornoni unveiled Villa Saraceni.
Threads users criticize Meta after the company posted AI-generated images of the Aurora Borealis on its Threads account — Meta has a suggestion for folks like me who forgot to go outside and look at the Northern Lights on Thursday night: just use AI to fake it!
A profile of, and interview with, Meta's Yann LeCun, who says today's AI models aren't intelligent and warnings about AI's existential peril are “complete B.S.” — Yann LeCun, an NYU professor and senior researcher at Meta Platforms, says warnings about the technology's existential peril are ‘complete B.S.’
Apple AI researchers say they found no evidence of formal reasoning in language models and their behavior is better explained by sophisticated pattern matching — Important new study from Apple — A superb new article on LLMs from six AI researchers at Apple who were brave enough …
Matt Mullenweg's feud with WP Engine not only presents a significant conflict of interest but has also dragged the WordPress community into a legal mess — Hi everyone! Mathew Ingram here. This is The Torment Nexus (you can find out more about me and this newsletter — and why I chose to call it that — in my inaugural post.)
CoreWeave says it has a new $650M credit line and has raised $12.7B from equity and debt investors in the past 18 months — CoreWeave, an Nvidia-backed artificial intelligence startup that rents out chips to other companies, announced Friday that it has a new $650 million credit line to expand its business and data center portfolio.
Some developers say OpenAI's GPT Store is a mixed bag, with revenue sharing reserved for a tiny number of GPT creators in an invite-only pilot program in the US — OpenAI promised payouts to custom GPT creators. Now most are turning to outside sources for revenue.
Report: 47% of traditional hedge funds have crypto investments, up from 29% in 2023; among who already invested in crypto, 33% plan for more by the end of 2024 — - That's up from 29% last year, per new AIMA and PwC report — Many traditional hedge funds are active in crypto derivatives
Alexandra Bruell / Wall Street Journal : The NYT sends a cease-and-desist letter to AI startup Perplexity to stop using its content; Perp...
