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March 11, 2024, 7:10 AM
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| Manish Singh / TechCrunch: |
Elon Musk says xAI plans to open-source Grok this week; xAI released Grok in November 2023, offering access to “real-time” data via a $16/month X subscription — Elon Musk said Monday he will open-source Grok, X's AI chatbot rivaling ChatGPT, this week, days after suing OpenAI … | Jonathan Vanian / CNBC: |
Filing: Reddit aims to raise up to $748M in its IPO, selling 22M shares at $31 to $34 each, for a ~$6.5B valuation; Reddit sets aside 1.76M shares for users — - Reddit aims to raise up to $748 million as part of its upcoming IPO, according to a corporate filing on Monday.| Gary Marcus / Marcus on AI: |
Looking back at “Deep Learning is Hitting a Wall”, a 2022 article by Gary Marcus ridiculed by many, and how a paradigm shift is seemingly needed to attain AGI — Report card on an infamous paper. — Two years ago today I published my most infamous article:
More: diginomica. Bluesky: @marypcbuk.bsky.social and @alanrew.bsky.social
X: @elliotmurphy91, @garymarcus, and @garymarcus. LinkedIn: Eduardo César Garrido Merchán. Forums: Hacker News
| Wall Street Journal: |
Source: ex-Activision CEO Bobby Kotick has approached ByteDance to express interest in buying TikTok and floated the idea of partnering to Sam Altman and others — Legislation forcing a sale or shutdown of the popular app has rekindled interest in possible deal
More: PCMag, Music Ally, GGRecon, AFK Gaming, Business Insider, Engadget, TechNode, Newsmax, Daily Mail, Forbes, Dexerto, and NewsBytes
Threads: @msbertenthal. Mastodon: @jalefkowit@octodon.social. X: @alubacap, @tomwarren, @florian4gamers, @dgwbirch, @jchengwsj, @jchengwsj, @jchengwsj, and @jchengwsj. LinkedIn: Joshua Brown
Forums: r/kindafunny, r/Fauxmoi, and r/technology
| Jonathan Stempel / Reuters: |
Authors Brian Keene, Abdi Nazemian, and Stewart O'Nan sue Nvidia over allegedly using their work to train NeMo, and say Nvidia “admitted” to using the books — Nvidia (NVDA.O), whose chips power artificial intelligence, has been sued by three authors who said it used …
More: Silicon Republic, CoinGape, MediaNama, The Decoder, TipRanks Financial, Benzinga, PYMNTS.com, TweakTown, Reuters, NewsBytes, and The Verge
Forums: Hacker News, r/artificial, r/wallstreetbets, r/StockMarket, and r/technology
| Mark Gurman / Bloomberg: |
A look at the design options Apple considered for its car, including one by Jony Ive that resembled a modern reincarnation of the 1950s Volkswagen microbus — The Apple car was a case study in what happens when corporate indecision, technological challenges and market realities combine …
More: 9to5Mac, Business Today, KnowTechie, BGR, Benzinga, The Verge, Barron's Online, iMore, Wccftech, PhoneArena, MobileSyrup, PCMag, AppleInsider, and Yanko Design
| Washington Post: |
A look at the challenges of academic AI research, as costs to develop generative AI models grow rapidly and tech companies' salaries drain academia of talent — With eye-popping salaries and access to costly computing power, AI companies are draining academia of talent
More: Cryptopolitan. Threads: @paul_rietschka. X: @vijarkohli, @mer__edith, @mer__edith, @chrisgpotts, @carnage4life, @brian_henderson, @russellwald, @mer__edith, @coles_nicholas_, @glennklockwood, @natolambert, and @mer__edith
LinkedIn: Prof. Dr. Patrick Glauner, Catherine Breslin, Stuart Shulman, and Russell Wald
| Louise Matsakis / Wired: |
Influencers on Facebook, Instagram, Discord, Reddit, and TikTok are promoting Chinese ecommerce sites like Pandabuy, known for knockoffs, using affiliate links — Influencers on TikTok and Reddit earn a cut of the counterfeit goods trade by promoting high-quality “replicas” sourced from ecommerce sites in China.
Mastodon: @carnage4life@mas.to
| Elizabeth G. Dunn / New York Times: |
A profile of food delivery app Wonder, led by Diapers.com and Jet.com founder Marc Lore, who invested $200M+ and targets a $30B IPO in three to five years — Marc Lore, the entrepreneur behind Diapers.com and Jet.com, would like to disrupt food delivery. But he really wants to build a brand that actually lasts.
X: @stevehiltonx, @profschleich, and @daniellejing
| Foo Yun Chee / Reuters: |
EU privacy watchdog EDPS says the EU Commission's use of Microsoft's software breached privacy rules and the EU failed to implement data transfer safeguards — The European Commission's use of Microsoft (MSFT.O) software breached EU privacy rules and the bloc's executive also failed … | Financial Times: |
Thomson Reuters CEO Steve Hasker says the group has $8B to spend on M&A and AI investments, to help transform its businesses of supplying professional data — Media and data group will develop its own technology and scoop up targets with AI capabilities
Forums: r/artificial
| Aisha S Gani / Bloomberg: |
UK savings platform Flagstone, which lets its 600K+ users split cash across providers, raised £108M from Arizona-based Estancia for a minority stake — Estancia Capital Partners LP is taking a minority stake in cash deposit platform Flagstone, in order to provide “firepower” to the UK startup's savings products.
More: Tech.eu, Finextra, City A.M., and Tech Funding News
| Ron Miller / TechCrunch: |
An interview with Slack CEO Denise Dresser about bringing her own personality to the job, plans to use generative AI, competing with Microsoft Teams, and more — Three chief executives in one year will do that — It's not often you see an established company burn through three CEOs in less than a year.Sponsor Posts
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