Wednesday, January 31, 2024

US and UK law enforcement are bracing for an explosion of AI-generated CSAM, and criticize Meta, the authorities' best partner for flagging CSAM, over E2EE (Eileen Sullivan/New York Times)

Eileen Sullivan / New York Times:
US and UK law enforcement are bracing for an explosion of AI-generated CSAM, and criticize Meta, the authorities' best partner for flagging CSAM, over E2EE  —  Law enforcement officials are bracing for an explosion of material generated by artificial intelligence that realistically depicts children …



Silicon Valley's powerful companies claim to embrace Enlightenment values, but instead are leading an antidemocratic, illiberal, and authoritarian technocracy (Adrienne LaFrance/The Atlantic)

Adrienne LaFrance / The Atlantic:
Silicon Valley's powerful companies claim to embrace Enlightenment values, but instead are leading an antidemocratic, illiberal, and authoritarian technocracy  —  Silicon Valley has its own ascendant political ideology.  It's past time we call it what it is.



ByteDance co-founder and CEO Liang Rubo urges staff to resist mediocrity after the company missed the initial wave of generative AI, in a company-wide meeting (Jane Zhang/Bloomberg)

Jane Zhang / Bloomberg:
ByteDance co-founder and CEO Liang Rubo urges staff to resist mediocrity after the company missed the initial wave of generative AI, in a company-wide meeting  —  - Co-founder said the company showed signs of complacency  — Chinese peer Baidu claims its model can rival OpenAI's ChatGPT



Tuesday, January 30, 2024

Berlin-based Delivery Hero plans to sell 68.2M shares of Deliveroo, or a ~4.5% stake worth ~£83M, and does not expect to hold any Deliveroo stock afterwards (Yasemin Craggs Mersinoglu/Financial Times)

Yasemin Craggs Mersinoglu / Financial Times:
Berlin-based Delivery Hero plans to sell 68.2M shares of Deliveroo, or a ~4.5% stake worth ~£83M, and does not expect to hold any Deliveroo stock afterwards  —  Sector has been coming under increasing pressure to demonstrate profitability as cost of capital has risen



Raspberry Pi CEO Eben Upton says the company is in the early stages of planning a London IPO, appointing two banks, after considering a listing in early 2022 (Swetha Gopinath/Bloomberg)

Swetha Gopinath / Bloomberg:
Raspberry Pi CEO Eben Upton says the company is in the early stages of planning a London IPO, appointing two banks, after considering a listing in early 2022  —  - Peel Hunt, Jefferies are working on possible listing  — Raspberry Pi previously attempted a London listing in 2022



The AI boom has spurred law firms, hospitals, insurance companies, government agencies, and others to create chief AI officer roles to navigate the use of AI (Yiwen Lu/New York Times)

Yiwen Lu / New York Times:
The AI boom has spurred law firms, hospitals, insurance companies, government agencies, and others to create chief AI officer roles to navigate the use of AI  —  Many feared that artificial intelligence would kill jobs.  But hospitals, insurance companies and others are creating roles to navigate and harness the disruptive technology.



Sunday, January 28, 2024

Q&A with Simon Willison, Django co-creator and an influential observer of AI software, on copyright concerns over AI, open-source AI models, LLMs, and more (Thomas Claburn/The Register)

Thomas Claburn / The Register:
Q&A with Simon Willison, Django co-creator and an influential observer of AI software, on copyright concerns over AI, open-source AI models, LLMs, and more  —  Code assistance is like having a weird intern who memorized the docs  —  AI SOFTWARE WEEK Simon Willison …



Sources: Reddit is targeting a valuation "in the mid-single-digit billions" for its planned IPO in March, after raising funds at a $10B valuation in 2021 (Bloomberg)

Bloomberg:
Sources: Reddit is targeting a valuation “in the mid-single-digit billions” for its planned IPO in March, after raising funds at a $10B valuation in 2021  —  - Firm, advisers considering figure after early investor talks  — Private trades value social media company below $5 billion



Sources: Meta believes Apple's Vision Pro can reinvigorate its metaverse effort, with the Quest ecosystem filling the role Android played in smartphones (Salvador Rodriguez/Wall Street Journal)

Salvador Rodriguez / Wall Street Journal:
Sources: Meta believes Apple's Vision Pro can reinvigorate its metaverse effort, with the Quest ecosystem filling the role Android played in smartphones  —  Company executives are optimistic about competition as billions spent have yet to translate into wide consumer adoption



CFPB will supervise tech companies offering digital wallets, like Apple Pay, Google Pay and Venmo, by treating companies with 50M+ annual transactions as banks (Paige Smith/Bloomberg)

Paige Smith / Bloomberg : CFPB will supervise tech companies offering digital wallets, like Apple Pay, Google Pay and Venmo, by treating ...