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EU lawmakers push forward an AI Act draft, which includes requiring companies deploying generative AI tools to disclose copyrighted material used for training — Companies deploying generative AI tools, such as ChatGPT, will have to disclose any copyrighted material used to develop their systems … | Stephen Graves / Decrypt: |
Bluesky sees an influx of new users including @dril and AOC; some have adopted “skeeting” to mean posting on the Jack Dorsey-backed decentralized social network — Instead of “tweeting,” the influx of new Bluesky users has coined a new term for sharing their thoughts on the decentralized social media app.| Kelvin Chan / Associated Press: |
ChatGPT is available again in Italy after OpenAI met regulator Garante's demands, including a form for EU users to object to having their data used for training — ChatGPT's maker said Friday that the artificial intelligence chatbot is available again in Italy after the company met the demands … | New York Times: |
Sources: Elon Musk shut off OpenAI's access to Twitter's data in December 2022, believing that the $2M/year licensing fee that OpenAI was paying wasn't enough — The billionaire plans to compete with OpenAI, the ChatGPT developer he helped found, while calling out the potential harms of artificial intelligence.| Kim Zetter / Wired: |
Sources: the US DOJ discovered the SolarWinds breach in late May 2020, months before its public disclosure in December 2020, but was unaware of its significance — In May 2020, the US Department of Justice stumbled upon Russian hackers in its network, but did not realize the significance of what it had found for six months.| Madhumita Murgia / Financial Times: |
A look at Google's DeepMind-Brain merger; sources: Demis Hassabis ceded DeepMind's cherished independence for greater power and influence over the future of AI — Start-up founder Demis Hassabis trades independence for greater influence over the future of artificial intelligence| Ron Miller / TechCrunch: |
Synergy: enterprise cloud spending grew 19% YoY to $63B in Q1 2023, vs. 32% growth in Q1 2022; Amazon took 32% market share, Microsoft 23%, and Google 10% — As expected, companies are continuing to cut back on their cloud spend where possible, as tech budgets continue to get careful scrutiny.| Forbes: |
Filing and sources: drone delivery startup Zipline is raising a $330M Series F at a ~$4.2B valuation, up from its $2.7B valuation for its Series E in June 2021 — The funding, revealed in a filing, shows that the logistics company priced a $330 million Series F funding round in April.| Jess Weatherbed / The Verge: |
The US sentences ex-Apple worker Dhirendra Prasad to three years and orders him to pay $19M+ for stealing ~$17M from Apple via parts supplier kickbacks and more — A former Apple employee has been sentenced to three years in prison and must pay back over $19 million in restitution … | Joyce E. Cutler / Bloomberg Law: |
Ex-HeadSpin CEO Manish Lachwani pleads guilty to securities and wire fraud charges for disseminating false and overstated revenue figures to potential investors — Manish Lachwani, who co-founded and led Silicon Valley startup HeadSpin Inc., pleaded guilty Thursday to securities and wire fraud charges, federal prosecutors said.| TechCrunch: |
Docs and sources: OpenAI closed a $10.3B+ funding round at a $27B-$29B valuation; investors include Microsoft, Tiger Global, Sequoia, a16z, and Founders Fund — OpenAI, the startup behind the widely used conversational AI model ChatGPT, has closed new funding, TechCrunch has learned.| Steve Dent / Engadget: |
Sony reports Q4 revenue up 30% YoY to ~$22.7B, and 6.3M PS5 sales, up from 2M YoY; Sony has sold 19.1M PS5s in FY 2022 and 38.4M PS5s in total since launch — Now that it's solved its supply shortages, Sony is seeing a lot of pent-up demand for PlayStation 5 consoles.| Financial Times: |
A profile of Sarah Cardell, the UK CMA's CEO who played a key role in shaping the mergers policy that led to the agency blocking Microsoft's Activision takeover — Former corporate lawyer has attracted the ire of the US group by blocking its $75bn acquisition of Activision| Cecilia D'Anastasio / Bloomberg: |
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