| The Verge: |
Staff memo: Reddit's CEO says “like all blowups on Reddit, this one will pass”, new moderation tools are vital, wearing Reddit gear in public is risky, and more — In an internal memo sent Monday afternoon to Reddit staff, CEO Steve Huffman addressed the recent blowback directed at the company … | Jay Peters / The Verge: |
Over 300 subreddits, including r/aww, r/music, and r/videos, plan to extend their protests indefinitely; 8,400+ have now gone private or into a restricted mode — / ‘More is needed for Reddit to act.’ — Moderators of many Reddit communities are pledging to keep their subreddits private or restricted indefinitely.| Casey Newton / Platformer: |
Reddit's API pricing changes stem from LLMs driving up the value of the site's data, an upcoming IPO, and third-party apps generating no revenue for the company — As it moves to shut down third-party apps, the site's self-governing ethos comes back to haunt it — I.| Nicole Carpenter / Polygon: |
Swedish gaming conglomerate Embracer Group says it will close multiple studios, cancel games, and cut staff, after a $2B deal unexpectedly fell through — Embracer Group has close to 17,000 employees over more than 100 studios, many of which were acquired over the past few years| Mark Savage / BBC: |
Paul McCartney says a sound editor used AI to “extricate” John Lennon's voice from an old demo to create “the final Beatles record”, slated for release in 2023 — Sir Paul McCartney says he has employed artificial intelligence to help create what he calls “the final Beatles record”.| Steven Levy / Wired: |
Q&A with Satya Nadella on his generative AI “eureka moment”, OpenAI, helping anyone with a phone become a developer, pausing AI work, Bing's relevancy, and more — The CEO can't imagine life without artificial intelligence—even if it's the last thing invented by humankind.| Ingrid Lunden / TechCrunch: |
Paris-based Mistral AI raised a €105M seed led by Lightspeed, sources say at a €240M valuation, to rival OpenAI and plans to release its first AI models in 2024 — AI is well and truly off to the races: a startup that is only four weeks old has picked up a $113 million round … | Ryan Browne / CNBC: |
London-based AI video generation startup Synthesia raised a $90M Series C at a $1B valuation led by Accel; Nvidia, Kleiner Perkins, GV, and others also invested — - Artificial intelligence-based video generation platform Synthesia has raised $90 million from investors, the company told CNBC exclusively.| Vishal Chawla / The Block: |
The SDNY releases documents showing a former SEC director suggested ether and bitcoin were not securities in 2018, which crypto advocates say undermines the SEC — - Certain documents related to former SEC director William Hinman have been released in the SEC's lawsuit against Ripple Labs.| Biz Carson / Bloomberg: |
In a first, Larry Ellison passes Bill Gates to become the world's fourth-richest person, with a $129.8B net worth; ORCL is up 40%+ in 2023 on the AI boom — The optimism around artificial intelligence boosted both Oracle Corp.'s stock — and founder Larry Ellison's net worth — to record highs on Monday.| Ivan Mehta / TechCrunch: |
YouTube lowers its Partner Program monetization requirements, including creators needing 500 subscribers, not 1,000, and just 3K watch hours or 3M Shorts views — YouTube is lowering the requirements for creators to get access to monetization tools under the YouTube Partner Program (YPP).| Ivan Mehta / TechCrunch: |
Google rolls out its June 2023 Pixel update, adding new safety features, a hands-free photo capture gesture, Pixel Watch oxygen saturation monitoring, and more — Google announced the June Pixel Drop today with features like the ability to schedule a safety check with Google Assistant … | Yogita Khatri / The Block: |
Nostr-based social media app Damus says it must remove a bitcoin tipping button on posts but can keep it on profiles, after Apple threatened App Store delisting — - Apple has warned the Nostr-based Damus app to comply with its guidelines or face removal within 14 days.| Hassan Mujtaba / Wccftech: |
AMD unveils its EPYC Bergamo CPUs, offering up to 128 Zen 4C cores for cloud-native servers and data center platforms — AMD's EPYC Bergamo CPUs break official ground today, offering up to 128 Zen 4C cores to cloud and data center servers. The Bergamo chips are designed to offer higher density in an efficient chip package.| Ryan Smith / AnandTech: |
| Gavin Bonshor / AnandTech: |
| Wall Street Journal: |
Sources: Microsoft and OpenAI's unusual deal created conflict and confusion, including over transparency, sales pitches, and Microsoft's spending on in-house AI — As the companies lead the AI boom, their unconventional arrangement sometimes causes conflict| Mike Wheatley / SiliconANGLE: |
Meta details I-JEPA, a computer vision model that uses common sense world knowledge to create more accurate images, avoiding errors like hands with extra digits — Artificial intelligence researchers from Meta Platforms Inc. say they're making progress on the vision of its Chief AI Scientist Yann LeCun … | Alexa Corse / Wall Street Journal: |
Internal memo: Twitter CEO Linda Yaccarino tells employees that the platform is “on a mission to become the world's most accurate real-time information source” — Linda Yaccarino, who joined company last week, describes her mission to employees| Reuters: |
| Sam Kessler / CoinDesk: |
Uniswap Labs details Uniswap v4, the next version of the decentralized exchange, and asks for feedback; Uniswap v3 launched in 2021 and has processed over $1T — The biggest decentralized crypto exchange is opening its development process to the public for the first time as the SEC cracks down on its centralized competitors.| Richard Lawler / The Verge: |
An AWS outage impacting the US-EAST-1 region is affecting multiple services, including fast-food apps and ticketing for Delta Airlines — An outage within the Amazon Web Services (AWS) cloud server setup is affecting a number of internet services, including our website.| Washington Post: |
Google proposes a “hub-and-spoke model” for regulating AI, where existing US government agencies share the responsibility, contrasting OpenAI's new agency idea — Happy Tuesday! When it comes to newsletter puns, game recognizes game. Send news tips and dad jokes to: cristiano.lima@washpost.com.
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| Allison Johnson / The Verge: |
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