Saturday, April 6, 2024

Source: Y Combinator is inviting some alumni entrepreneurs to invest a minimum of $250,000, which will be split among the three funds it is currently raising (Kia Kokalitcheva/Axios)

Kia Kokalitcheva / Axios:
Source: Y Combinator is inviting some alumni entrepreneurs to invest a minimum of $250,000, which will be split among the three funds it is currently raising  —  - The accelerator is requiring limited partners invest in all three of its new funds, a somewhat bold move in the current environment.



Sources: OpenAI transcribed 1M+ hours of YouTube videos through Whisper and used the text to train GPT-4; Google also transcribed YouTube videos to harvest text (New York Times)

New York Times:
Sources: OpenAI transcribed 1M+ hours of YouTube videos through Whisper and used the text to train GPT-4; Google also transcribed YouTube videos to harvest text  —  OpenAI, Google and Meta ignored corporate policies, altered their own rules and discussed skirting copyright law …



A look at Monument Valley, a puzzle game developed by ustwo that won Apple's design award in 2014 and stood out in a market dominated by free-to-play titles (Lewis Gordon/The Ringer)

Lewis Gordon / The Ringer:
A look at Monument Valley, a puzzle game developed by ustwo that won Apple's design award in 2014 and stood out in a market dominated by free-to-play titles  —  A scene as still and pure as it is confounding: towers stretching up, flags billowing gently in the wind, stone walkways appearing to defy the principles of architecture.



Friday, April 5, 2024

CB Insights: global VC investment in fintech fell 16% QoQ to $7.3B over 904 deals in Q1 2024, the lowest amount of funding the sector has seen since 2017 (Mary Ann Azevedo/TechCrunch)

Mary Ann Azevedo / TechCrunch:
CB Insights: global VC investment in fintech fell 16% QoQ to $7.3B over 904 deals in Q1 2024, the lowest amount of funding the sector has seen since 2017  —  When it comes to funding, the fintech sector didn't have a very good start to the year.  —  Fintech funding slid by 16% quarter …



Microsoft warns that China plans to disrupt elections in the US, South Korea, and India this year with AI-generated content after making a dry run in Taiwan (Dan Milmo/The Guardian)

Dan Milmo / The Guardian:
Microsoft warns that China plans to disrupt elections in the US, South Korea, and India this year with AI-generated content after making a dry run in Taiwan  —  Beijing did a test run in Taiwan using AI-generated content to influence voters away from a pro-sovereignty candidate



Sources: Samsung plans to more than double its total chip investment in Taylor, Texas to ~$44B, a significant breakthrough for US' chip manufacturing plans (Wall Street Journal)

Wall Street Journal:
Sources: Samsung plans to more than double its total chip investment in Taylor, Texas to ~$44B, a significant breakthrough for US' chip manufacturing plans  —  South Korean firm plans to add a second semiconductor factory and advanced-packaging facility at its new hub outside Austin



Wednesday, April 3, 2024

Patreon rolls out a Reddit-like community moderation feature that lets podcasters, artists, writers, and other creators assign community members as moderators (Mia Sato/The Verge)

Mia Sato / The Verge:
Patreon rolls out a Reddit-like community moderation feature that lets podcasters, artists, writers, and other creators assign community members as moderators  —  Patreon is taking a page out of Reddit's book.  Now, podcasters, artists, writers, and other creators on the subscription-focused creator platform …



Stability AI releases Stable Audio 2.0, letting users create three minute sound clips from copyright-free audio samples, available for free via its website (Emilia David/The Verge)

Emilia David / The Verge:
Stability AI releases Stable Audio 2.0, letting users create three minute sound clips from copyright-free audio samples, available for free via its website  —  Stable Audio 2., an audio generation model for Stability AI, now lets users upload their own audio samples which they can then transform using prompts …



Opera now lets Opera One users download and run 150 LLMs from 50+ families locally, including Llama and Google's Gemma, via the Ollama open source framework (Ivan Mehta/TechCrunch)

Ivan Mehta / TechCrunch:
Opera now lets Opera One users download and run 150 LLMs from 50+ families locally, including Llama and Google's Gemma, via the Ollama open source framework  —  Web browser company Opera announced today it will now allow users to download and use Large Language Models (LLMs) locally on their computer.



Sources: crypto VC firm Paradigm is in talks to raise $750M to $850M for a new fund, which would be the largest since the crash; a16z raised $4.5B in May 2022 (Hannah Miller/Bloomberg)

Hannah Miller / Bloomberg:
Sources: crypto VC firm Paradigm is in talks to raise $750M to $850M for a new fund, which would be the largest since the crash; a16z raised $4.5B in May 2022  —  - New fund would be industry's largest since crypto downturn  — Paradigm was a major investor in bankrupt exchange FTX



Montenegro says Terraform Labs co-founder Do Kwon will be extradited to the US, potentially ending a standoff over competing demands by the US and South Korea (Bloomberg)

Bloomberg : Montenegro says Terraform Labs co-founder Do Kwon will be extradited to the US, potentially ending a standoff over competing ...