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June 20, 2024, 2:55 PM
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| Kyle Wiggers / TechCrunch: |
Anthropic launches Claude 3.5 Sonnet, which beats its flagship model Claude 3 Opus and outperforms GPT-4o in some tests, available for free on the web and iOS — OpenAI rival Anthropic is releasing a powerful new generative AI model called Claude 3.5 Sonnet. But it's more an incremental step than a monumental leap forward.
More: Anthropic, Gizmodo, SiliconANGLE, Engadget, PYMNTS.com, PCMag, CNET, Reuters, ZDNet, Fortune, Proactive, Bloomberg, Maginative, Inc.com, Amazon Web Services, Inc., Digital Trends, CryptoSlate, Axios, VentureBeat, About Amazon, Quartz, Daring Fireball, The Decoder, Fast Company, CNBC, Wired, Simon Willison's Weblog, Tech Startups, WinBuzzer, AIM, Constellation Research, and Google Cloud Blog
X: @blader, @basedbeffjezos, @pelzeric, @eugeneyan, @chriscundy, @matthewclifford, @alexalbert__, @yomaggievo, @mikeyk, @hursh, @janleike, @andy_l_jones, @alex, @joandthezhus, @anthropicai, @robinai_uk, @jasondclinton, @anthropicai, @menloventures, @deedydas, @garymarcus, @binarybits, @8teapi, @mattshumer_, @krishnanrohit, @mmarshall, @binarybits, @alphasignalai, @shakeelhashim, @aravsrinivas, @lexnfx, @altryne, @sammcallister, @mpsellitto, @anthropicai, @natfriedman, @binarybits, and @jackclarksf
| David Pierce / The Verge: |
Anthropic debuts Artifacts, which lets users see, edit, and build upon content generated by Claude such as code snippets, text documents, and website designs — The AI arms race continues apace: Anthropic is launching its newest model, called Claude 3.5 Sonnet, which it says can equal … | Leo Schwartz / Fortune: |
Source: The CFTC is investigating the Chicago-based trading firm Jump's involvement in crypto, including inquiries into its trading and investing activity — The Commodity Futures Trading Commission is investigating the Chicago-based trading firm Jump's involvement in crypto …
More: Reuters, The Block, crypto.news, Coinpedia Fintech News, CoinGape, Crypto Briefing, and Bitcoinist.com
| Clothilde Goujard / Politico: |
EU diplomats: an EU Council vote to amend a draft law that would have forced WhatsApp and Signal to scan images and links for CSAM was removed from the agenda — Countries clash over how to safeguard privacy when rooting out illegal pictures and grooming on private chat apps.
More: Stack Diary, Engadget, Euractiv, TechCrunch, Fortune, Silicon Republic, Patrick Breyer, PaymentSecurity.io, Al Jazeera, Euronews, Developer Tech News, iMore, Android Headlines, Cybernews.com, The Irish Times, Phandroid, and Dataconomy
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Forums: Hacker News, r/Slovenia, r/technology, r/portugal, r/worldnews, r/italy, r/europe, and r/privacy
| Ingrid Lunden / TechCrunch: |
Sources: Poolside, co-founded by ex-GitHub CTO Jason Warner to build AI tools to speed up software development, is raising $400M+ at a $2B+ post-money valuation — Paris has quickly established itself as a major European center for AI startups, and now another deal in the works could cement that position even further.| Wall Street Journal: |
Sources: Apple has held talks with Baidu, Alibaba, Baichuan AI, and others to help offer Apple Intelligence in China, as ChatGPT isn't available in the country — ChatGPT isn't available in China, prompting Apple to seek local partner for its artificial-intelligence services
More: CNBC, 9to5Mac, Quartz, Cryptopolitan, Business Insider, WinBuzzer, and MacDailyNews
| Benjamin Sandofsky / Sandofsky: |
A history of Lambda School: burning through $120M, why its income share agreements failed, how one developer-turned-journalist revealed the fraud, and more — Two days after his company's downfall, Austen Allred wrote: … Austen co-founded Lambda School, one of the largest educational startups of all time.
Mastodon: @slightlyoff@toot.cafe. X: @carnage4life, @carnage4life, @austen, @suryasays, @devahaz, @lizwolfereason, @fulligin, @dancow, @mikekarnj, @adampnathan, @traviscorrigan, and @sandofsky. Forums: Hacker News
| Hannah Lang / Reuters: |
PayPal hires one of Walmart's top tech executives Srini Venkatesan as its CTO, effective June 24, replacing Archie Deskus, who will leave the company in July — PayPal (PYPL.O) has hired one of Walmart's top tech executives Srini Venkatesan to head up the company's push into artificial intelligence …
More: PYMNTS.com and Finextra
| Financial Times: |
Sources: Revolut plans to sell ~$50M worth of existing shares, including those held by employees, at a $40B+ valuation, up from $33B during a 2021 fundraising — SoftBank-backed fintech is confident its value has increased over 20% since 2021 fundraising — UK fintech Revolut is targeting … | Jeff Horwitz / Wall Street Journal: |
Tests show Instagram continues to recommend sexual videos to accounts with ages listed as 13; Snapchat and TikTok did not produce the same sexualized content — Findings align with undisclosed internal research at Meta, which has pledged an ‘age-appropriate’ experience for teens … | Ian King / Bloomberg: |
AMD says hackers accessed limited information related to assembling certain AMD products on a third-party vendor website and expects no material business impact — - Investigation showed limited information accessed by intruder — Chipmaker said the data was accessed on a third-party site
More: Security Boulevard, TechCircle, Tom's Hardware, Dataconomy, Digital Trends, Benzinga, ExtremeTech, TechSpot, PC Games Insider, iTnews, OC3D, The Cyber Express, iTech Post, Wccftech, WinBuzzer, SecurityWeek, and Bloomberg. Forums: r/AMD_Stock
| Rachel Metz / Bloomberg: |
HeyGen, which uses AI to let users create realistic-looking avatars, raised $60M led by Benchmark at a $500M valuation, taking its total funding to $74M — HeyGen lets anyone make a photorealistic avatar that can speak in their own voice and translate their words into a range of languages.| Ivan Mehta / TechCrunch: |
Daydream, which is building a search engine for personalized shopping using GenAI, ML, and computer vision, raised a $50M seed co-led by Forerunner and Index — For retailers, e-commerce is a bit of a puzzle at the moment. Online shopping trends are expected to stay strong this year …
More: SiliconANGLE, Mashable, Daydream, and Cautious Optimism
| Ingrid Lunden / TechCrunch: |
New Jersey-based Semperis, which offers tools to protect enterprises using Microsoft Active Directory, raised $125M and says it now has a $1B valuation — Active Directory, the Microsoft directory service for connecting users with network resources, is used by more than 90% of all Fortune 1000 companies and many more besides.
More: FinTech Global, FinSMEs, SiliconANGLE, Tech Funding News, and SecurityWeek
| Karissa Bell / Engadget: |
How some Meta users in the US are turning to small claims court, often successfully, to recover their Facebook or Instagram accounts; some won financial damages — People are using the courts in a last-ditch attempt to recover their accounts. — Last month, Ray Palena boarded a plane … Sponsor Posts
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