Techmeme
March 15, 2023, 9:30 AM

Top News

OpenAI:
OpenAI debuts GPT-4, claiming the model “surpasses ChatGPT in its advanced reasoning capabilities”, available in ChatGPT Plus and as an API that has a waitlist  —  Following the research path from GPT, GPT-2, and GPT-3, our deep learning approach leverages more data and more computation …
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New York Times:
Kyle Wiggers / TechCrunch:
Yusuf Mehdi / Bing Blogs:
Microsoft says the new Bing is “running on GPT-4, which we've customized for search” and was using an early version of the model over the past five weeks  —  Congratulations to our partners at Open AI for their release of GPT-4 today.  —  We are happy to confirm that the new Bing …
Aisha Malik / TechCrunch:
Duolingo debuts a Max subscription for $30 per month or $168 per year, offering GPT-4 features for English speakers taking Spanish and French courses on iOS  —  Duolingo is introducing a new subscription tier with features powered by OpenAI's new GPT-4 technology, the company announced on Tuesday.
Washington Post:
Interviews with 20 people detail the Biden admin's response to SVB's and Signature's collapse, as tech executives and investors lobbied to protect all deposits  —  It seemed like a simple question: Did the treasury secretary have any concerns about the economic risks posed by Silicon Valley Bank?
Wall Street Journal:
As SVB collapsed, prominent investors, internet provocateurs, and others helped fuel concerns over the US banking system, creating a “Twitter-fueled bank run”  —  Rapid spread of concerns prompts lawmaker to call it ‘Twitter-fueled bank run’  —  The Collapse of Silicon Valley Bank: What You Need to Know
Emily Flitter / New York Times:
A profile of Tim Mayopoulos, named by the FDIC as the CEO of Silicon Valley Bridge Bank, who was BofA's general counsel during the 2008 financial crisis  —  The F.D.I.C. named Tim Mayopoulos as chief executive of Silicon Valley Bridge Bank.  His job is to keep calm and carry on.
Max Abelson / Bloomberg:
A look at the history of Signature Bank, a lender once tied to Jared Kushner and founded in 2001 that leaped into crypto, ultimately leading to its downfall  —  Signature Bank was flying high when co-founder Scott Shay mused about success on a podcast early last year.
Bloomberg:
Sources: US prosecutors were investigating Signature's work with crypto clients before regulators seized the bank, including over detecting money laundering  —  US prosecutors were investigating Signature Bank's work with crypto clients before regulators suddenly seized the lender this past weekend …
Bloomberg:
Sources: TikTok's leadership is considering divesting itself from ByteDance as a last resort if CFIUS rejects the existing proposal, possibly leading to an IPO  —  TikTok's leadership is discussing the possibility of separating from ByteDance Ltd., its Chinese parent company, to help address concerns about national security risks.
The Verge:
Sources: Spotify HiFi as a premium tier was ready to launch over a year ago, but Apple's decision to offer lossless audio at no extra charge spoiled its plans  —  Even though Spotify HiFi still hasn't launched after being announced more than two years ago, some kind of lossless experience …
Alex Heath / The Verge:
Ben Schoon / 9to5Google:
Alleged renders of Google's Pixel 8 Pro appear to show a flat ~6.52" display and a new sensor on the camera bar, after a Pixel Fold and 7a retail listing leak  —  Leak season is starting.  Following a retail leak of Pixel Fold and Pixel 7a just today, the first renders of Google Pixel 8 Pro have arrived …
Reuters:
Samsung Electronics plans to invest ~$230B through 2042 in South Korea to build one of the world's largest chipmaking bases, including five chip factories  —  South Korean tech giant Samsung Electronics (005930.KS) expects to invest $230 billion over the next 20 years to develop …

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Sarah Perez / TechCrunch:
Forbes:
Jay Peters / The Verge:
Rachel Metz / Bloomberg: