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May 4, 2023, 4:35 PM
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| David McCabe / New York Times: |
The White House announces plans to address AI's risks, including $140M for new research centers and draft guidelines for government agencies using AI safeguards — Vice President Kamala Harris also plans to meet with the chief executives of tech companies that are developing A.I. later on Thursday.
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Jonathan S. Luzader and Carine de Meyere
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@adamthierer, @rob_weissman, @beauwoods, @civilrightsorg, @finmoorhouse, @pegobry, @rowancheung, @ankareuel, @sebkrier, @nickadobos, and @alondra
| Financial Times: |
The UK CMA launches a “fact-finding” review of the AI market, including LLMs, to assess the opportunities, guardrails, and principles for protecting competition — CMA chief Sarah Cardell says the regulator will examine technology behind software such as ChatGPT
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| Lina M. Khan / New York Times: |
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@azeem, @mat, @ediggs, @ylecun, @s8mb, @stevesi, @mattinthemittel, @lehogg, @jathansadowski, @neil_chilson, @sarthakgh, @oablanchard, @fabiochiusi, @datasociety, @accountabletech, @s8mb, @jason_kint, @linakhanftc, and @elidourado
| Annie Palmer / CNBC: |
Shopify sells its logistics unit to supply chain tech company Flexport, after building the operation for years and acquiring Deliverr for $2.1B in May 2022 — - Shopify is selling its logistics unit to supply chain technology company Flexport. — The Canadian e-commerce company …
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Ryan Smith, David Marczak, and Victor Elmann
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@ccm_ryan, @ryanmcraver, @itsjoekent, @sub8u, @thetranscript_, @juokaz, @buccocapital, @tishacm, @modestproposal1, @benedictevans, and @juokaz
| Ilya Banares / Bloomberg: |
Shopify reports Q1 revenue up 25% YoY to $1.5B, vs. $1.43B est., GMV up 15% YoY to $49.6B, vs. $47.7B est., and plans to cut ~20% of its staff; SHOP jumps 20%+ — Shopify Inc. cut jobs for the second time in less than a year and agreed to sell the majority of its logistics business …
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@elliotjaystocks, @delrey, @ow, and @mikelltaylor
| Richard Lawler / The Verge: |
Google releases a brief teaser video showing off the Pixel Fold, confirming that it will be officially revealed on May 10 during the Google I/O 2023 event — / This is Google's first foldable phone. More details are coming at Google I/O on May 10th.
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| Tom Warren / The Verge: |
Microsoft opens its Bing chatbot to all, removing the waitlist, and announces features like image and video results, persistent chat and history, and plug-ins — Microsoft is making its Bing GPT-4 chatbot available to everyone today, no more waitlist necessary.
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Satya Nadella and Brad Abrams
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@yusuf_i_mehdi, @tomwarren, @mtholfsen, @zacbowden, @tomwarren, @nonmayorpete, @tomwarren, @satyanadella, and @jordirib1
| Emma Roth / The Verge: |
Discord plans to drop the four-digit tag after its usernames to make it “easier to connect” with others and force most users to pick a username with an @ prefix — Discord is taking away the four-digit tag that it puts after its usernames as it looks to make it “easier to connect” with other users.
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@yuureiriri, @bcarr, @miiulysses, @cosbunny, @yinsdere, @kuromibatwings, @generaltekno, and @_riinchu_
| Washington Post: |
Sources: Google, which published AI papers prolifically, in February moved to sharing only after the work had been productized, due to OpenAI's ChatGPT launch — For years the tech giant published scientific research that helped jump-start its competitors. But now it's lurched into defensive mode.
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SemiAnalysis and Insider
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@hughlangley, @oablanchard, @kantrowitz, @jfischoff, @mathemagic1an, and @taliaringer
| David Pierce / The Verge: |
Mozilla expands its Mastodon instance to a private beta with strict moderation, saying the company is “not building another self-declared ‘neutral’ platform” — If you want to be a member of Mozilla.Social, Mozilla's new Mastodon instance, you're not allowed to harass other users.| Bloomberg: |
Sources: Microsoft is helping finance AMD's AI chip expansion and working with the chipmaker on Microsoft's own processor for AI workloads, codenamed Athena — Microsoft Corp. is working with Advanced Micro Devices Inc. on the chipmaker's expansion into artificial intelligence processors … | Apple: |
Apple reports second quarter results — Services revenue reaches new all-time high iPhone revenue sets March quarter record — CUPERTINO, CALIFORNIA Apple today announced financial results for its fiscal 2023 second quarter ended April 1, 2023. The Company posted quarterly revenue of $94.8 billion …
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CNBC, Apple, Coinspeaker, Pocket Gamer.biz, and Proactiveinvestors NA
Tweets:
@patrickmcgee_ and @epro
| Kate Morgan / Wall Street Journal: |
Some Gen Z Americans are buying flip phones like the $75 TCL Classic or the $90 Nokia 2780, seeking a break from endless social media and email notifications — Modern models are a bit smarter than those from the early 2000s, but still offer a needed break from endless notifications
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Wccftech, TechSpot, PhoneArena, 9to5Mac, and Appuals.com
| Kyle Wiggers / TechCrunch: |
Hugging Face and ServiceNow Research release StarCoder, a free alternative to code-generating AI systems like GitHub Copilot, as part of their BigCode project — AI startup Hugging Face and ServiceNow Research, ServiceNow's R&D division, have released StarCoder, a free alternative … | Alf Wilkinson / Financial Times: |
A Finder.com experiment using ChatGPT to pick 38 stocks finds the portfolio rose 4.9% over eight weeks, compared to an average 0.8% loss for 10 popular UK funds — Theoretical fund of 38 stocks do better than 10 most popular funds on Interactive Investor, finds finder.com — Latest news on ETFs| Ron Miller / TechCrunch: |
Salesforce announces SlackGPT, which will let users and developers build AI-driven experiences on the platform, and plans to incorporate EinsteinGPT into Slack — Slack has evolved from a pure communications platform to one that enables companies to link directly to enterprise applications without having …
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Engadget, Slack, The Verge, Computerworld, Salesforce, SlashGear, VentureBeat, SiliconANGLE, Tech Monitor, gHacks Technology News, TechCircle, and CNBC
| CoinDesk: |
Coinbase plans to stop issuing new loans in the US via its Borrow program on May 10 due to low demand; a source says the move is unrelated to US SEC troubles — May 10 is the final day customers will be allowed to take out new loans through Coinbase Borrow. — Coinbase Borrow's days are numbered.| Erin Woo / The Information: |
Sources: OpenAI's losses roughly doubled to ~$540M in 2022, and Sam Altman privately suggested OpenAI may try to raise as much as $100B in the coming years — OpenAI's losses roughly doubled to around $540 million last year as it developed ChatGPT and hired key employees from Google …
Tweets:
@ericjackson and @kantrowitz
| Denny Jacob / Wall Street Journal: |
DoorDash reports Q1 revenue up 40% YoY to $2.04B, vs. $1.93B est., a $162M net loss, vs. $167M in Q1 2022, and total orders up 27% YoY to 512M — Food-delivery company's revenue grows 40% to $2.04 billion, topping Wall Street estimates — DoorDash sales surged in the latest quarter …
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DoorDash
| Akash Sriram / Reuters: |
Lyft reports Q1 revenue up 14% YoY to $1B, net loss of $187.6M vs. $196.9M YoY, and active riders up 9.8% YoY to 19.5M; LYFT drops 13%+ on weak Q2 guidance — Lyft Inc's (LYFT.O) forecast second-quarter revenue and core profit below estimates on Thursday amid tough competition from larger rival Uber … | Jemima Kelly / Financial Times: |
Twitter's Community Notes is changing fact-checking by avoiding the term and using a crowdsourced consensus, a model for a fairer and more transparent approach — The strength of the platform's Community Notes feature is that it works through consensus — I think I might have let out an audible groan … Sponsor Posts
Google:
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Shopify:
Transform ML Experimentation with Tangle — Save months of compute time with Tangle, built by Shopify. Try this open-source platform to simplify ML workflows, ensure reproducibility, and seamlessly share with collaborators.
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Zoho:
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Contract Signed. Project Ready. Tasks Created. — Every project begins with a promise; a contract that outlines the deliverables, the timelines, and the terms. But for most businesses …
Bitrix24:
Bitrix24 powers the next generation of high-performing businesses — Chat, projects, CRM, and automation — all in one place. Replace dozens of tools so your team moves faster, collaborates smarter, and grows effortlessly.
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IDrive:
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
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