Saturday, October 12, 2024

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." (Christopher Mims/Wall Street Journal)

Christopher Mims / Wall Street Journal:
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 (Gary Marcus/Marcus on AI)

Gary Marcus / Marcus on AI:
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 (Mathew Ingram/The Torment Nexus)

Mathew Ingram / The Torment Nexus:
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.)



Friday, October 11, 2024

CoreWeave says it has a new $650M credit line and has raised $12.7B from equity and debt investors in the past 18 months (Hayden Field/CNBC)

Hayden Field / CNBC:
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 (Lauren Goode/Wired)

Lauren Goode / Wired:
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 (Olga Kharif/Bloomberg)

Olga Kharif / Bloomberg:
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



Sources: amid the Iran war, Asian bankers say rising power prices and energy security are becoming a bigger consideration in data center financing decisions (Bloomberg)

Bloomberg : Sources: amid the Iran war, Asian bankers say rising power prices and energy security are becoming a bigger consideration in ...