| Jake Evans / ABC: |
Meta admits to scraping every Australian adult Facebook user's public data to train AI, with no opt-out option as it is not required to do so under privacy law — In short: — Facebook is scraping the public data of all Australian adults on the platform, it has acknowledged in an inquiry.| Paul Sawers / TechCrunch: |
MariaDB, which went public via SPAC in December 2022, says it's been acquired by PE firm K1 and names a new CEO, after filing to delist its shares from the NYSE — MariaDB's short-lived tenure as a public company is all but over, as the struggling database business is now fully under the auspices of K1 Investment Management.| Kyle Wiggers / TechCrunch: |
Mistral releases its first multimodal model, Pixtral 12B, available on GitHub and Hugging Face, and via API “soon” — French AI startup Mistral has released its first model that can process images as well as text. — Called Pixtral 12B, the 12-billion-parameter model is roughly 24GB in size.| Taylor Swift / Taylor Swift on Instagram: |
Taylor Swift says she's voting for Kamala Harris, noting that Donald Trump sharing an AI-generated image of her “endorsing” him prompted her to reveal her plans — Like many of you, I watched the debate tonight. If you haven't already, now is a great time to do your research … | Carl Franzen / VentureBeat: |
Matt Shumer, who was accused of fraud over HyperWrite's 70B-parameter AI model, says he “got ahead” of himself but doesn't explain why the model underperformed — Matt Shumer, co-founder and CEO of OthersideAI, also known as its signature AI assistant writing product HyperWrite … | Aisha S Gani / Bloomberg: |
A surge in scams poses a serious image problem for Revolut, which faces more complaints than its large UK rivals about authorized push payment scams — The $45 billion challenger bank says it's committed to tackling online fraud as it seeks ‘exponential’ growth.| Joel Khalili / Wired: |
Riot Platforms plans the world's largest bitcoin mine in Corsicana, a former Texas oil boom town, using a liquid immersion system, despite residents' protests — A cash-strapped city in rural Texas will soon be home to the world's largest bitcoin mine. Local protesters are “raising hell.”| Brianna Sacks / Washington Post: |
An analysis finds 40+ examples of Facebook removing emergency-related posts during 20+ US wildfires since June 2024; Facebook says it is investigating the issue — The Post has collected more than 40 examples of Facebook removing emergency-related posts during at least 20 wildfires since June.| Suvashree Ghosh / Bloomberg: |
Chainalysis: payments in Singapore using stablecoins reached a record high of almost $1B in Q2, led by transactions at merchant outlets — - Digital-asset consultancy Chainalysis releases a crypto study — Stablecoin usage remains a small fraction of overall payments| Jiahui Huang / Wall Street Journal: |
In a memo to commemorate Alibaba's 25th anniversary, Jack Ma said the competition will make the company stronger, urging trust “in the power of market forces” — “Only with competition can we become stronger and allow the industry to remain healthy,” Ma said| Joe Mayes / Bloomberg: |
AWS plans to spend £8B in the UK to grow its cloud business, expecting to support up to 14,000 jobs and contribute £14B to the UK GDP between 2024 and 2028 — - Move follows similar investments announced in Spain, Germany — Chancellor Reeves says decision is ‘start of economic revival’| David Shepardson / Reuters: |
CTIA: Americans used over 100T MB of wireless data in 2023, up 36% YoY, the largest single-year increase; the number of wireless connections rose 6% YoY to 558M — Americans used just over 100 trillion megabytes of wireless data in 2023, up 36% over the prior year in the largest single-year increase …
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| Sara Fischer / Axios: |
| Timothy B Lee / Understanding AI: |
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| Samuel Stolton / Bloomberg: |
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