| 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.| David Pierce / The Verge: |
Anthropic debuts Artifacts, which lets users see and interact with the results from Claude requests, signaling its long-term vision for companies to use Claude — The AI arms race continues apace: Anthropic is launching its newest model, called Claude 3.5 Sonnet, which it says can equal … | 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| 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 … | 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.| 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| 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.| 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 … | 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.| 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 … | 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 … | 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 … | 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.| Lawrence Abrams / BleepingComputer: |
CDK Global, which offers SaaS tools to 15K+ car dealerships in North America, shut down most of its systems to probe “a cyber incident”, and has restored some — Car dealership software-as-a-service provider CDK Global was hit by a massive cyberattack, causing the company to shut …
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| Adi Robertson / The Verge: |
| Adam Zewe / MIT News: |
| Lara Korte / Politico: |
| Michael McGrady Jr / AVN Industry News: |