Wednesday, June 21, 2023

In his new book The Coming Wave DeepMind co-founder Mustafa Suleyman proposes a "modern Turing test" for AI seeking to find "artificial capable intelligence" (Brad Stone/Bloomberg)

Brad Stone / Bloomberg:
In his new book The Coming Wave, DeepMind co-founder Mustafa Suleyman proposes a “modern Turing test” for AI, seeking to find “artificial capable intelligence”  —  A new book floats a provocative idea for testing whether machines are capable of human-like intelligence.



Filing: Embracer paid $395M for the rights to Lord of the Rings and The Hobbit in 2022 far below $2B estimates; Amazon reportedly paid $250M for TV rights (K.J. Yossman/Variety)

K.J. Yossman / Variety:
Filing: Embracer paid ~$395M for the rights to Lord of the Rings and The Hobbit in 2022, far below ~$2B estimates; Amazon reportedly paid $250M for TV rights  —  Embracer Group, the Swedish gaming conglomerate that snapped up the rights to “Lord of the Rings” and “The Hobbit” …



Google Cloud launches Anti Money Laundering AI an API used by HSBC and others that relies on AI instead of the industry standard rules-based system (Dylan Tokar/Wall Street Journal)

Dylan Tokar / Wall Street Journal:
Google Cloud launches Anti Money Laundering AI, an API used by HSBC and others that relies on AI instead of the industry standard rules-based system  —  The company is looking to set itself apart from a crowded field of surveillance platforms by reducing the amount of human input in the process of screening for money-laundering risks



In a tweet reply Elon Musk says "cis" or "cisgender" are "slurs" on Twitter and the "contemptible creep" who "manufactured" the term "has serious problems" (Sawdah Bhaimiya/Insider)

Sawdah Bhaimiya / Insider:
In a tweet reply, Elon Musk says “cis” or “cisgender” are “slurs” on Twitter and the “contemptible creep” who “manufactured” the term “has serious problems”  —  - Elon Musk said terms like “cisgender” and “cis” are now considered “slurs” on Twitter.



UK-based Volt which offers open banking APIs in the UK Europe and Brazil raised a $60M Series B led by IVP a source says at a $350M valuation (Ingrid Lunden/TechCrunch)

Ingrid Lunden / TechCrunch:
UK-based Volt, which offers open banking APIs in the UK, Europe, and Brazil, raised a $60M Series B led by IVP, a source says at a $350M valuation  —  Open banking — where traditional banks enable payments and other new services by way of APIs that give access to financial data previously locked …



The US the EU Japan and India have committed over $100B combined for chip subsidies as chipmakers argue costs have risen due to inflation and tech advances (Bloomberg)

Bloomberg:
The US, the EU, Japan, and India have committed over $100B combined for chip subsidies, as chipmakers argue costs have risen due to inflation and tech advances  —  The global race to build domestic factories and sever dependency on overseas suppliers for these critical components is spurring a spending boom …



Sources: during the Trump administration the US tracked Huawei and ZTE workers in Cuba suspecting the companies might be expanding China's spying abilities (Kate O'Keeffe/Wall Street Journal)

Kate O'Keeffe / Wall Street Journal:
Sources: during the Trump administration, the US tracked Huawei and ZTE workers in Cuba, suspecting the companies might be expanding China's spying abilities  —  Intelligence bolstered suspicions telecom giants might be playing role in expansion of China's capabilities on island



Tuesday, June 20, 2023

Crypto exchange EDX Markets backed by Citadel Fidelity and Charles Schwab quietly began executing trades in recent weeks offering a noncustodial service (Alexander Osipovich/Wall Street Journal)

Alexander Osipovich / Wall Street Journal:
Crypto exchange EDX Markets, backed by Citadel, Fidelity, and Charles Schwab, quietly began executing trades in recent weeks, offering a noncustodial service  —  EDX Markets won't directly handle customers' digital assets or directly serve individual investors



Experts warn about pedophiles using generative AI to create CSAM leading to thousands of images on dark web forums; some question whether laws cover the images (Drew Harwell/Washington Post)

Drew Harwell / Washington Post:
Experts warn about pedophiles using generative AI to create CSAM, leading to thousands of images on dark web forums; some question whether laws cover the images  —  Investigators say the disturbing images could undermine efforts to find real-world victims  —  The revolution in artificial intelligence …



Documents show OpenAI lobbied for parts of the EU's AI Act to be watered down including successfully avoiding its general purpose AI being deemed "high risk" (Billy Perrigo/TIME)

Billy Perrigo / TIME:
Documents show OpenAI lobbied for parts of the EU's AI Act to be watered down, including successfully avoiding its general purpose AI being deemed “high risk”  —  The CEO of OpenAI, Sam Altman, has spent the last month touring world capitals where, at talks to sold-out crowds …



PwC: US social and casual gaming revenue grew 3.6% YoY to $37.1B in 2022 representing 68.6% of game and esports revenue; traditional gaming revenue fell 0.8% (Dean Takahashi/VentureBeat)

Dean Takahashi / VentureBeat:
PwC: US social and casual gaming revenue grew 3.6% YoY to $37.1B in 2022, representing 68.6% of game and esports revenue; traditional gaming revenue fell 0.8%  —  Total video games and esports revenue in the U.S. was $54.1 billion in 2022 and is forecast to reach $72.0 billion by $27 billion, according to a report by PwC.



Monday, June 19, 2023

An overview of how the adoption of generative AI tools is transforming everyday work in legal contracts professional services filmmaking and programming (Financial Times)

Financial Times:
An overview of how the adoption of generative AI tools is transforming everyday work in legal contracts, professional services, filmmaking, and programming  —  Professional services, filmmaking and coding are among the first to use the technology in everyday operations



Twitter suspends Explain This Bob a GPT-4 bot tied to the BOB Token after Elon Musk called the account a "scam"; Musk replied "I love Bob" in April 2023 (Tim Hakki/Decrypt)

Tim Hakki / Decrypt:
Twitter suspends Explain This Bob, a GPT-4 bot tied to the BOB Token, after Elon Musk called the account a “scam”; Musk replied “I love Bob” in April 2023  —  The move marks an abrupt about-face for Musk, who had previously engaged with the bot's content on Twitter.



The BlackCat ransomware gang threatens to release 80GB of data allegedly stolen from Reddit; Reddit confirms BlackCat's claims relate to a February 9 incident (Carly Page/TechCrunch)

Carly Page / TechCrunch:
The BlackCat ransomware gang threatens to release 80GB of data allegedly stolen from Reddit; Reddit confirms BlackCat's claims relate to a February 9 incident  —  Hackers are threatening to release confidential data stolen from Reddit unless the company pays a ransom demand - and reverses its controversial API price hikes.



SpaceX launches Indonesia's largest telecoms satellite as part of a $540M project to offer internet in remote areas; the SATRIA-1 offers 150GB/second throughput (Dewi Kurniawati/Reuters)

Dewi Kurniawati / Reuters:
SpaceX launches Indonesia's largest telecoms satellite as part of a $540M project to offer internet in remote areas; the SATRIA-1 offers 150GB/second throughput  —  Indonesia and Elon Musk's rocket company SpaceX on Monday launched the country's largest telecommunication satellite from the United States …



SpaceX launches Starlink in Indonesia to improve internet access in remote parts of the country, starting with three local health centers (Stefanno Sulaiman/Reuters)

Stefanno Sulaiman / Reuters : SpaceX launches Starlink in Indonesia to improve internet access in remote parts of the country, starting w...