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Filing: Fidelity marks down its Twitter stake, estimating that Twitter is now worth about 33% of the $44B that Elon Musk paid, down from 44% in November 2022 — Twitter is now worth just one-third of what Elon Musk paid for the social-media platform, according to Fidelity … | James Vincent / The Verge: |
While OpenAI has become more upfront about ChatGPT's limitations, the company should do more to make clear the bot can't reliably distinguish fact from fiction — “May occasionally generate incorrect information.” — This is the warning OpenAI pins to the homepage of its AI chatbot ChatGPT … | Oliver Whang / New York Times: |
A look at the BabyLM Challenge, which aims to create language models with datasets that are less than one-ten-thousandth the size of those used by advanced LLMs — Teaching fewer words to large language models might help them sound more human. — When it comes to artificial intelligence chatbots, bigger is typically better.| Priya Anand / Bloomberg: |
An investigation into Papa, a TaskRabbit-like service for seniors that has raised $240M, finds dozens of allegations of harassment, assault, theft, and more — If you've been to an annual open enrollment fair in the past few years, you may have noticed a new eldercare benefit with the unusual name of Papa.| Mia Sato / The Verge: |
After a fake Pentagon “explosion” image went viral, Twitter adds Community Notes to images, including “recent and future matching images” — Twitter is expanding its crowdsourced fact-checking program to include images, shortly after a fake image went viral claiming to show an “explosion” near the Pentagon.| Abner Li / 9to5Google: |
Sources: Google plans to launch the Pixel Watch 2 in fall 2023 with a Snapdragon W5 series chip and Fitbit Sense 2-like sensors, alongside the Pixel 8 and 8 Pro — We revealed at the start of May that Google is planning to announce the Pixel Watch 2 alongside the Pixel 8 and 8 Pro … | Aidan Ryan / The Information: |
Source: MoonPay insiders, including CEO Ivan Soto-Wright, cashed out $150M in shares as part of the crypto payment startup's $555M Series A in November 2021 — In November 2021, just as crypto prices were hitting all-time highs, MoonPay—a crypto payments startup that celebrities including Jimmy Fallon … | David Kirton / Reuters: |
Some mainland China tech entrepreneurs are trying to gain permanent residency or citizenship outside of China to avoid US curbs and biases against Chinese firms — For the ambitious Chinese tech entrepreneur, expanding into the U.S. just keeps getting harder.| Amanda Silberling / TechCrunch: |
Block Party says its anti-harassment tool for Twitter is going on an indefinite hiatus starting May 31 due to Twitter API changes, and announces Privacy Party — Now that Twitter's API access is locked behind a tall paywall, long beloved third-party apps are shutting down.| Zac Hall / 9to5Mac: |
Analyst Ross Young says Apple's upcoming MR headset will have two 1.41" Micro OLED displays targeting 5,000+ nits of brightness and 4,000 pixels per inch — The tech community is collectively on the edge of our seats as we zoom toward the expected unveiling of Apple's mixed reality headset.| Nadia Asparouhova / Wired: |
As GitHub prepares to close its San Francisco HQ, a look back at the living testament to tech culture, with its conflicts presaging a decade of tech backlash — The code-hosting platform's headquarters was a living testament to tech values and one of its first disputed territories.| Bloomberg: |
A profile of Plaid, valued at $13.4B, and founder Zach Perret, after a $58M data scraping settlement in 2022, as the company expands and fights a lawsuit by PNC — Over the past decade, Plaid's digital pipes have enabled 1 in every 3 people with a US bank account to connect it to the app or service of their choosing.| Kevin Roose / New York Times: |
How the Shoggoth, a character from a 1936 H.P. Lovecraft novella, became a meme among AI workers as a metaphor for not fully understanding LLMs' inner workings — The Shoggoth, a character from a science fiction story, captures the essential weirdness of the A.I. moment.| Iain Withers / Reuters: |
Monzo reports £356M in FY2023 revenue, up from £154M in FY2022, and a £116M net loss, down from £119M YoY; CEO TS Anil says an IPO is “some ways down the road” — British digital bank Monzo marginally narrowed its annual loss in the year to February 2023 … | Victoria Song / The Verge: |
Garmin launches the $800 Fenix 7 Pro and $900 Epix 2 Pro in 42mm, 47mm, and 51mm sizes, both offering an LED flashlight, heart rate sensor, and improved maps — Garmin's joining the Pro bandwagon. On Wednesday, it's launching the Epix 2 Pro and Fenix 7 Pro, which both come with a boatload … | Nikkei Asia: |
How Taiwan became a key part of the electronics supply chain, creating interdependence between Taiwan, China, and the US that has deepened even as tensions rise — In the days after then-U.S. House Speaker Nancy Pelosi visited Taiwan last year, Taiwanese suppliers to U.S. tech giants including Apple … | Bloomberg: |
Sources: the Biden administration is split on regulating generative AI; some prefer an EU-style model while others worry over losing a competitive advantage — Biden administration officials are divided over how aggressively new artificial intelligence tools should be regulated …
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