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Techmeme
June 26, 2023, 3:50 PM
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Top News

Wall Street Journal:
Databricks plans to acquire generative AI startup MosaicML in a ~$1.3B deal set to close by July 31; MosaicML debuted in 2021, raised $64M, and has 62 employees  —  The deal aims at connecting businesses' data with services to help them build their own, cheaper language models, Databricks CEO says
James Vincent / The Verge:
AI is killing the web with spam sites, article-churning “AI editors”, “AI-generated junk” in places like Etsy and Reddit, exhausting forum moderators, and more  —  In recent months, the signs and portents have been accumulating with increasing speed.  Google is trying to kill the 10 blue links.
Nina Jankowicz / The Atlantic:
While there are effective laws outlawing the sharing of nonconsensual deepfake porn in some states, such as Virginia and California, the US needs a federal law
Will Knight / Wired:
DeepMind co-founder and CEO Demis Hassabis details Gemini, an upcoming ChatGPT rival meant to combine the strengths of AlphaGo-type systems and those of LLMs  —  Demis Hassabis says the company is working on a system called Gemini that will tap techniques that helped AlphaGo defeat a Go champion in 2016.
Brian Fung / CNN:
A breakdown of how much each US state will get in the $42.5B broadband infrastructure plan; Texas leads with $3.3B+, followed by California with $1.8B+  —  The Biden administration on Monday outlined how states across the country will be receiving billions of dollars in federal funding …
The Verge:
A survey of 2,000+ US adults finds 57% know of ChatGPT, 46% for Bing Chat, 45% for My AI, and 38% for Bard; only ~33% have used the tools, with Gen Z dominating  —  We polled 2,000 people about how they're using AI, what they want it to do, and what scares them about it the most.
Jay Peters / The Verge:
Meta announces Quest+, a VR subscription service that gives Quest 2, Quest 3, and Quest Pro users access to two games every month for $7.99/month or $59.99/year  —  Meta CEO Mark Zuckerberg just announced Quest Plus, the company's new “virtual reality subscription” that gives users access to “the best titles on the platform,” he said.
Jesse Hamilton / CoinDesk:
FTX bankruptcy team says the exchange owed customers ~$8.7B after commingling and misusing their deposits, and ~$7B in liquid assets have been recovered so far  —  Commingling and misuse of customer and corporate funds occurred from the inception of FTX, says current CEO John J. Ray III.
Allison Johnson / The Verge:
Google Pixel Fold review: nice landscape mode for videos and usable outer display, but it's heavy, may not be durable, has limited multitasking, and is pricey  —  If you buy something from a Verge link, Vox Media may earn a commission.  See our ethics statement.  —  The Google Pixel Fold is a lot of phone.
Yuval Mann / Ynetnews:
An interview with early Waze investors Yahal Zilka and Ehud Levy on why they invested, the impact of Google's acquisition on Israel's tech industry, and more  —  The disregard for map companies, the dilemma between BlackBerry and iPhone, the indifference on the part of Tim Cook …

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This is a Techmeme archive page. It shows how the site appeared at 3:50 PM ET, June 26, 2023.

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From Mediagazer

CNN:
David Ellison tells Skydance staff he supports CNN's legal action to regain access to covering Trump, reiterates his belief in editorial independence, and more

Alex Weprin / The Hollywood Reporter:
Filing: Laurene Powell Jobs and former Activision Blizzard CEO Bobby Kotick join Skydance's board; former UK Prime Minister Tony Blair will be a board adviser

Todd Spangler / Variety:
Memo: Skydance co-CEOs David Ellison and Ynon Kreiz acknowledge layoffs, saying combining companies will involve “difficult decisions that affect our workforce”

More News

Financial Times:
A profile of South Korean engineer Choi Jin-seok, who set out to become a star in China's chip industry after his career stalled and now faces IP theft charges
Hope King / Axios:
Amazon plans to build a local delivery network in 23 states by recruiting thousands of small US businesses, from bodegas to florists, to deliver its packages
Ingrid Lunden / TechCrunch:
IBM plans to acquire Apptio for $4.6B in cash from Vista Equity Partners, which paid $1.94B to take the cloud IT management startup private in November 2018

Earlier Picks

Phoebe Liu / Forbes:
A profile of Christina Cacioppo, the co-founder and CEO of data security compliance startup Vanta, which has an ~$80M ARR, a $1.6B valuation, and raised $203M
New York Times:
As the use of AI-generated ads in political campaigns increases globally, consultants, election researchers, and lawmakers push for setting up new guardrails
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