March 16, 2023, 9:35 AM

Top News

James Vincent / The Verge:
Experts criticize OpenAI for not disclosing GPT-4's training data or methods used; OpenAI co-founder says its past approach to openly sharing research was wrong  —  The system's capabilities are still being assessed, but as researchers and experts pore over its accompanying materials …
Benj Edwards / Ars Technica:
OpenAI allowed the Alignment Research Center, a nonprofit founded by its ex-employee, to assess the potential risks of GPT-4 including power-seeking behavior  —  “ARC's evaluation has much lower probability of leading to an AI takeover than the deployment itself.”
Ryan Broderick / Garbage Day:
OpenAI's GPT-4 is an outrageous, if imperfect, step forward, offering a glimpse of a future internet where generative AI creates one big personalized web portal  —  Read to the end for a good Twitter reply  —  Building A Portal To Everything  —  Very often I will come up with a big existential question …
John D. McKinnon / Wall Street Journal:
Sources: the Biden administration and CFIUS are demanding that TikTok's Chinese owners sell their stakes in the company or face a possible US ban of the app  —  TikTok says forced sale won't resolve national security issues; its CEO set to appear before Congress next week
New York Times:
Sources: five days after seizing SVB, the FDIC has conducted a stop-and-start auction process, failing so far to find a willing buyer for all of SVB's assets  —  Big rivals are thus far shying away from scooping up the bank's assets.  —  Five days after seizing control of Silicon Valley Bank …
Yimou Lee / Reuters:
Sources: Foxconn will make AirPods for the first time and plans to invest $200M+ in a plant in Telangana, India; a source says Apple wanted production in India  —  Taiwanese contract manufacturer Foxconn (2317.TW) has won an order to make AirPods for Apple Inc (AAPL.O) and plans to build …
An FTX bankruptcy filing describes $3.2B+ in payments and loans to founders and executives, chiefly from Alameda Research, including ~$2.2B to Sam Bankman-Fried  —  Identify Over $3.2 Billion in Transfers to Founders and Key Employees  —  Forensic Work Continues on Intercompany and Other Transactions
Dan Primack / Axios:
Stripe raised a $6.5B+ Series I at a $50B valuation to help its employees cover tax obligations for the expiration of RSUs and to fund a new stock tender offer  —  Digital payments firm Stripe on Wednesday announced that it has raised more than $6.5 billion at a $50 billion valuation.
Baidu announces its Ernie Bot in a pre-recorded video, with founder Robin Li talking over a scripted video of interactions with the AI; BIDU drops 5%+  —  Baidu Inc. debuted China's answer to ChatGPT via a recorded video, disappointing investors hoping for a real-time demo …
Kyle Bradshaw / 9to5Google:
Google discontinues its Glass Enterprise Edition 2 and plans to support the headset until September 15, 2023; existing devices and apps will continue to work  —  Google has announced today that it will no longer be selling its Glass Enterprise Edition 2 headsets, with support set to be discontinued later this year.
Jen Wieczner / New York Magazine:
Q&A with Signature Bank board member Barney Frank on the bank's downfall, the impact on crypto, weakening Dodd-Frank in 2018, tougher regulation, and more  —  The sudden string of bank failures over the past week conjured traumatic flashbacks of the 2008 financial crisis for many a banker.
Nitasha Tiku / Washington Post:
How San Francisco's Hayes Valley, or “Cerebral Valley”, became a hotbed for “hacker houses” and AI events, as the AI gold rush revives the Bay Area's tech scene  —  The money and power flooding into AI are warping and intensifying the typical Silicon Valley gold rush, now set to explode with the launch of GPT-4
Sam Kessler / CoinDesk:
The Arbitrum Foundation, which develops the Ethereum Layer 2 platform Arbitrum, plans to airdrop its long-awaited ARB token on March 23 and transition to a DAO  —  The long-awaited ARB token will grant holders the ability to vote on changes to the leading Ethereum layer 2 network.
Ingrid Lunden / TechCrunch:
LinkedIn adds AI-powered writing suggestions, initially for writing profiles, using OpenAI's GPT-4, and for recruiters writing job descriptions, using GPT-3.5  —  Earlier this month, when LinkedIn started seeding “AI-powered conversation starters” in people's news feeds to boost engagement on its platform …
Aisha S Gani / Bloomberg:

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