Techmeme
December 5, 2022, 9:20 PM

Top News

Ben Thompson / Stratechery:
A look at the effects of ChatGPT, which has caused an explosion of interest in OpenAI's capabilities and led to questions about AI's impending impact on society  —  It happened to be Wednesday night when my daughter, in the midst of preparing for “The Trial of Napoleon” for her European history class …
James Vincent / The Verge:
Stack Overflow temporarily bans users from sharing responses generated by ChatGPT, pending a final ruling; the site's mods say most ChatGPT answers are wrong  —  Stack Overflow, the go-to question-and-answer site for coders and programmers, has temporarily banned users from sharing responses generated by AI chatbot ChatGPT.
Sam Altman / @sama:
Sam Altman says ChatGPT crossed 1M users since it launched less than a week ago  —  ChatGPT launched on wednesday. today it crossed 1 million users!
Nikhilesh De / CoinDesk:
Crypto lender Nexo aims to exit the US in the coming months, stops signing up US customers to its Earn Interest Product and halts access to it in eight states  —  Nexo will immediately suspend access to its Earn product in several U.S. states.  —  Crypto lender Nexo announced Monday …
Rebekah Valentine / IGN:
Microsoft plans to increase the price of new, first-party Xbox Series X and S games to $70 in 2023, after prices remained steady at $60 since the Xbox 360 era  —  Forza Motorsport, Redfall, and Starfield will be among the first to reflect the change.  —  Xbox is preparing to join …
Ellen Thomas / Insider:
Memo: Slack CEO and co-founder Stewart Butterfield plans to leave Salesforce in January 2023, saying the move “has nothing to do” with Bret Taylor's departure  —  Slack CEO Stewart Butterfield is leaving Salesforce in January.  —  Butterfield posted his announcement …
Ankush Khardori / New York Magazine:
Unlike Bernie Madoff, SBF has not confessed to criminal conduct, arguing sloppiness and missteps caused FTX's collapse, meaning a US prosecution could take time  —  On December 11, 2008, Bernie Madoff was arrested and criminally charged with one of the biggest financial frauds in history …
Stephanie Murray / The Block:
Joshua Oliver / Financial Times:
NBC News:
Secret Service report: China-linked APT41 hackers stole $20M+ in US COVID-19 relief benefits, the first known pandemic fraud tied to state-affiliated hackers  —  Hackers linked to the Chinese government stole at least $20 million in U.S. Covid relief benefits, including Small Business Administration loans …
Tim Copeland / The Block:
Orthogonal Trading defaults on eight loans to lending protocol Maple Finance, totaling $36M, or ~30% of active loans on the protocol, likely due to FTX exposure  —  - Orthogonal Trading has defaulted on eight loans totalling $36 million on lending protocol Maple Finance.
Ina Fried / Axios:
Unlike Getty Images, Adobe plans to sell stock images made by artists using generative AI tools like DALL-E, but requires that the images be labeled as such  —  Adobe is opening its stock images service to creations made with the help of generative AI programs like Dall-E and Stable Diffusion, the company tells Axios.
Reuters:
Source: Foxconn plans to resume full production in its Zhengzhou plant in late December or early January, after worker unrest; November revenue fell 11.4% YoY  —  Apple supplier Foxconn (2317.TW) expects its COVID-hit Zhengzhou plant in China to resume full production around late December to early January …
Kenrick Cai / Forbes:
Runway, one of the two startups behind Stable Diffusion, raised a $50M Series C led by Felicis Ventures; sources: Runway's valuation is $500M, and ARR is ~$1M  —  Runway ML, one of the two startups behind the popular AI text-to-image model Stable Diffusion, has raised new funding at a $500 million valuation, Forbes has learned.

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More News

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Ashley Gold / Axios:
Financial Times:

Earlier Picks

Parikshit Mishra / CoinDesk:
Dan Milmo / The Guardian: