| Isaiah Poritz / Bloomberg Law: |
A US judge rules that Meta's use of books to train AI is protected by fair use but says his opinion is more a reflection of the plaintiffs' poor arguments — Meta Platforms Inc. escaped a first-of-its-kind copyright lawsuit from a group of authors who alleged the tech giant hoovered up millions … | Blake Brittain / Reuters: |
A group of authors sue Microsoft in a NY federal court, claiming the company used nearly 200,000 pirated books without permission to train its Megatron AI model — Microsoft (MSFT.O) has been hit with a lawsuit by a group of authors who claim the company used their books without permission … | Rebecca Bellan / TechCrunch: |
| Bill Toulas / BleepingComputer: |
Report: French authorities arrested four individuals allegedly involved in operating the BreachForums cybercrime forum on Monday and one in February — The French police have reportedly arrested five operators of the BreachForum cybercrime forum, a website used by cybercriminals to leak … | Chris Dolmetsch / Bloomberg: |
US prosecutors charge Kai West, who is known as IntelBroker and was arrested in February in France, with conspiring to steal data from dozens of companies — A 25-year-old British man known as “IntelBroker” was accused by US authorities of conspiring with a group of hackers to steal data … | Stephen Totilo / Game File: |
Sony says its PlayStation Plus three-tier overhaul has “surpassed our expectations” and that the $160/year Premium tier has grown 18% in the past 12 months — Sony kicks off PS Plus' 15th anniversary by chatting with Game File about the past, present and future … | MacKenzie Sigalos / CNBC: |
FHFA Director William Pulte orders Fannie Mae and Freddie Mac to explore crypto as an asset for single-family mortgage applications without converting it to USD — In a landmark shift for the U.S. housing finance system, the Federal Housing Finance Agency has issued a directive ordering Fannie Mae … | Sarah Perez / TechCrunch: |
Creative Commons debuts CC Signals, a framework that will allow dataset holders to detail how their content can or cannot be reused for training AI models — Nonprofit Creative Commons, which spearheaded the licensing movement that allows creators to share their works while retaining copyright, is now preparing for the AI era.| Jay Peters / The Verge: |
Anthropic now lets Claude app users build, host, and share AI-powered apps directly in Claude via Artifacts, launching in beta on Free, Pro, and Max tiers — The upgrade, launching in beta, builds upon Anthropic's Artifacts feature introduced last year that lets you see and interact with what you ask Claude to make.| Amber Neely / AppleInsider: |
US senators reintroduce the bipartisan Open App Markets Act to challenge Apple's and Google's grip on app stores; the 2021 version never made it to a floor vote — Big Tech's grip on the app economy is under fire again as lawmakers reintroduce the bipartisan “Open App Markets Act” … | Meghan Bobrowsky / Wall Street Journal: |
Sources: Meta has poached three OpenAI researchers, Lucas Beyer, Alexander Kolesnikov, and Xiaohua Zhai, for its superintelligence efforts — Social-media giant has hired Lucas Beyer, Alexander Kolesnikov and Xiaohua Zhai for its superintelligence effort — Meta Chief Executive Mark Zuckerberg … | Kate Clark / Bloomberg: |
Kalshi raised $185M led by Paradigm at a $2B valuation; sources: Polymarket is completing a $200M+ investment led by Founders Fund at a ~$1B pre-money valuation — Kalshi Inc., a prediction market that competes with Polymarket, said it has raised $185 million at a valuation of $2 billion.| Ivan Mehta / TechCrunch: |
WhatsApp launches optional Meta AI-generated summaries of unread messages in the US; Meta can't read the messages and summaries are hidden from other chat users — Meta announced on Wednesday that it's adding an AI-powered summaries feature to WhatsApp. The optional new feature uses Meta AI to summarize unread messages in a chat.| Maxwell Zeff / TechCrunch: |
Google launches Gemini CLI, an agentic AI tool that lets developers make natural language requests in terminals by connecting Gemini models to local codebases — Google is launching a new agentic AI tool that will put its Gemini AI models closer to where developers are already coding.| Antonio Regalado / MIT Technology Review: |
Google DeepMind unveils AlphaGenome, an AI tool to predict the effects of DNA changes on molecular processes, available via an API for non-commercial research — When scientists first sequenced the human genome in 2003, they revealed the full set of DNA instructions that make a person.| Sam Blum / Inc: |
Internal docs: Scale AI's efforts to train Google's Gemini were flooded with “spammy behavior” from unqualified independent contractors submitting shoddy work — How the startup that just scored a $14 billion investment from Meta struggled to contain ‘spammy behavior’ from unqualified contributors as it trained Gemini.| Nikkei Asia: |
A look at Tokyo-based Nittobo, currently the only supplier in the world of the highest-end “T-glass”, a material essential for making high-powered AI servers — TAIPEI/TOKYO — Top executives from Nvidia, AMD and Microsoft have been visiting Japan over the past year.| Financial Times: |
Reddit CEO Steve Huffman warns against companies trying to game the site with AI-generated content, saying “human verification is top of mind for us right now” — Chief Steve Huffman warns of ‘arms race’ to protect its devoted online communities from AI-generated content Reddit is in an … | Berber Jin / Wall Street Journal: |
Sources: Microsoft is pushing to remove the AGI clause from its OpenAI contract, which lets OpenAI limit Microsoft's access to its IP once its systems reach AGI — Silicon Valley is at odds over whether AI can reach and exceed humanlike intelligence, a milestone with major implications … | Dina Bass / Bloomberg: |
Micron reports Q3 revenue up 37% YoY to $9.3B, vs. $8.85B est., forecasts Q4 revenue above estimates, and says it's on track for record revenue this fiscal year — Though the company posted third-quarter results and a fourth-quarter forecast that exceeded estimates, the stock pared gains … | Samantha Subin / CNBC: |
Bumble plans to lay off 30% of its workforce, or ~240 roles, and invest the up to $40M saved annually into new product and tech development; BMBL closes up 25% — Bumble shares rallied 25% on Wednesday after the dating app company revealed in a securities filing that it intends to slash 30% of its workforce, or about 240 roles.| Naga Avan-Nomayo / The Block: |
Barclays will block crypto purchases made with credit cards starting June 27, citing volatility and lack of consumer protections, following other UK lenders — <p>Barclays will block cryptocurrency acquisitions made with credit cards starting June 27, warning that wild price swings … | Kensaku Ihara / Nikkei Asia: |
Chinese automaker Geely's ride-hailing arm CaoCao raised $236M in a Hong Kong IPO, listing 19% below its offer price; its market cap was $2.42B as of Wednesday — HONG KONG — Chinese ride-hailing service CaoCao listed on the Hong Kong Stock Exchange on Wednesday, raising 1.85 billion Hong Kong dollars …
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| Emma Roth / The Verge: |
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| Stephen Katte / Cointelegraph: |
| Mike Rogoway / Oregonian: |
| Jordan Novet / CNBC: |
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| Andrew Liszewski / The Verge: |