| OpenAI: |
OpenAI launches fine-tuning for GPT-4o, which lets developers customize a version of the model with their own datasets to improve domain-specific performance — Fine-tune custom versions of GPT-4o to increase performance and accuracy for your applications — Today, we're launching fine-tuning … | Amy Or / Bloomberg: |
Sources: Walmart, JD.com's largest shareholder, is raising about $3.6B by selling its stake in the Chinese e-commerce firm; JD falls 9%+ after hours — - Share sale marks the end of partnership that started in 2016 — Walmart focused on own online platform amid Sam's Club success| Wall Street Journal: |
PitchBook: seven banks' ~$13B loans to Musk to buy Twitter have been “hung” for two years, weighing on balance sheets, the worst buyout for banks since 2008-09 — Loans of around $13 billion have remained ‘hung’ for nearly two years, bringing in interest payments but weighing on banks' balance sheets| Kirsten Korosec / TechCrunch: |
Waymo co-CEO Tekedra Mawakana says Waymo is now giving 100K+ paid robotaxi rides every week in LA, San Francisco, and Phoenix, a few months after passing 50K+ — Waymo disclosed Tuesday it's now giving more than 100,000 paid robotaxi rides every week across its three main commercial markets in Los Angeles, San Francisco, and Phoenix.| Daniel Wiessner / Reuters: |
A US district judge in Texas strikes down the FTC's ban on worker noncompete agreements, due to start September 4, after her temporary block of the rule in July — A federal judge in Texas on Tuesday barred a U.S. Federal Trade Commission rule from taking effect that would ban agreements commonly signed … | Jay Peters / The Verge: |
In a Reddit AMA, CEO Patrick Spence said Sonos won't rerelease its old app, after testing showed that doing so “would make the problems worse, not better” — If you want the old Sonos app back, it's not coming. In a Reddit AMA response posted Tuesday, Sonos CEO Spence says that he was hopeful … | Kate Knibbs / Wired: |
Condé Nast makes a multiyear deal with OpenAI, letting ChatGPT and SearchGPT surface stories from The New Yorker, Vogue, Vanity Fair, Bon Appetit, and Wired — The media company joins The Atlantic, Axel Springer, Vox Media, and a host of other publishers who have partnered with OpenAI.| Jonathan Stempel / Reuters: |
A US appeals court revives a class action suit by Google Chrome users who say Google collected personal info even if Chrome was not synced with a Google account — A U.S. appeals court said Google (GOOGL.O) must face a revived lawsuit by Google Chrome users who said the company collected … | Samantha Cole / 404 Media: |
Shein sues Temu for copyright infringement, accusing the company of stealing trade secrets and masquerading “as a legitimate e-commerce ‘marketplace’” — Shein, notorious for being accused of copyright infringement by small artists and big brands alike … | Carl Franzen / VentureBeat: |
Microsoft releases three Phi-3.5 models designed for basic/fast reasoning and more, available for developers to download, use, and fine-tune on Hugging Face — Microsoft isn't resting its AI success on the laurels of its partnership with OpenAI. — No, far from it.| Eric Newcomer / Newcomer: |
In a letter to investors, Bolt says it's finalizing a $450M Series F at a $14B valuation, but the deal terms are bewildering and hard to believe — The financial technology company told investors that it is raising at a $14 billion valuation. That's hard to believe. — ∙ Paid| Zack Whittaker / TechCrunch: |
Flight tracking site FlightAware, which claims 10M+ monthly users, reports a breach dating back to January 2021 that exposed names, SSNs, addresses, and more — Flight tracking site FlightAware has blamed a “configuration error” for exposing a raft of personal information of its customers …
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