| The Verge: |
Staff memo: Reddit's CEO says “like all blowups on Reddit, this one will pass”, new moderation tools are vital, wearing Reddit gear in public is risky, and more — In an internal memo sent Monday afternoon to Reddit staff, CEO Steve Huffman addressed the recent blowback directed at the company … | Jay Peters / The Verge: |
Over 300 subreddits, including r/aww, r/music, and r/videos, plan to extend their protests indefinitely; 8,400+ have now gone private or into a restricted mode — / ‘More is needed for Reddit to act.’ — Moderators of many Reddit communities are pledging to keep their subreddits private or restricted indefinitely.| Casey Newton / Platformer: |
Reddit's API pricing changes stem from LLMs driving up the value of the site's data, an upcoming IPO, and third-party apps generating no revenue for the company — As it moves to shut down third-party apps, the site's self-governing ethos comes back to haunt it — I.| Mark Savage / BBC: |
Paul McCartney says a sound editor used AI to “extricate” John Lennon's voice from an old demo to create “the final Beatles record”, slated for release in 2023 — Sir Paul McCartney says he has employed artificial intelligence to help create what he calls “the final Beatles record”.| Ryan Browne / CNBC: |
London-based AI video generation startup Synthesia raised a $90M Series C at a $1B valuation led by Accel; Nvidia, Kleiner Perkins, GV, and others also invested — - Artificial intelligence-based video generation platform Synthesia has raised $90 million from investors, the company told CNBC exclusively.| Steven Levy / Wired: |
Q&A with Satya Nadella on his generative AI “eureka moment”, OpenAI, helping anyone with a phone become a developer, pausing AI work, Bing's relevancy, and more — The CEO can't imagine life without artificial intelligence—even if it's the last thing invented by humankind.| Ingrid Lunden / TechCrunch: |
Paris-based Mistral AI raised a €105M seed led by Lightspeed, sources say at a €240M valuation, to rival OpenAI and plans to release its first AI models in 2024 — AI is well and truly off to the races: a startup that is only four weeks old has picked up a $113 million round … | Vishal Chawla / The Block: |
The SDNY releases documents showing a former SEC director suggested ether and bitcoin were not securities in 2018, which crypto advocates say undermines the SEC — - Certain documents related to former SEC director William Hinman have been released in the SEC's lawsuit against Ripple Labs.| Biz Carson / Bloomberg: |
In a first, Larry Ellison passes Bill Gates to become the world's fourth-richest person, with a $129.8B net worth; ORCL is up 40%+ in 2023 on the AI boom — The optimism around artificial intelligence boosted both Oracle Corp.'s stock — and founder Larry Ellison's net worth — to record highs on Monday.| Ivan Mehta / TechCrunch: |
YouTube lowers its Partner Program monetization requirements, including creators needing 500 subscribers, not 1,000, and just 3K watch hours or 3M Shorts views — YouTube is lowering the requirements for creators to get access to monetization tools under the YouTube Partner Program (YPP).| Ryan Smith / AnandTech: |
AMD previews its Instinct MI300 accelerator family, including the MI300X, a high-performance GPU with 192GB of HBM3 memory aimed squarely at the LLM market — Alongside their EPYC server CPU updates, as part of today's AMD Data Center event, the company is also offering an update on the status … | Gavin Bonshor / AnandTech: |
| Ivan Mehta / TechCrunch: |
Google rolls out its June 2023 Pixel update, adding new safety features, a hands-free photo capture gesture, Pixel Watch oxygen saturation monitoring, and more — Google announced the June Pixel Drop today with features like the ability to schedule a safety check with Google Assistant … | Yogita Khatri / The Block: |
The developer of Damus, a Nostr-based social media app, says Apple has threatened to delist it from the App Store if it doesn't remove a bitcoin tipping feature — - Apple has warned the Nostr-based Damus app to comply with its guidelines or face removal within 14 days.| Wall Street Journal: |
Sources: Microsoft and OpenAI's unusual deal created conflict and confusion, including over transparency, sales pitches, and Microsoft's spending on in-house AI — As the companies lead the AI boom, their unconventional arrangement sometimes causes conflict| Mike Wheatley / SiliconANGLE: |
Meta details I-JEPA, a computer vision model that uses common sense world knowledge to create more accurate images, avoiding errors like hands with extra digits — Artificial intelligence researchers from Meta Platforms Inc. say they're making progress on the vision of its Chief AI Scientist Yann LeCun … | Alexa Corse / Wall Street Journal: |
Internal memo: Twitter CEO Linda Yaccarino tells employees that the platform is “on a mission to become the world's most accurate real-time information source” — Linda Yaccarino, who joined company last week, describes her mission to employees| Reuters: |
| Sam Kessler / CoinDesk: |
Uniswap Labs details Uniswap v4, the next version of the decentralized exchange, and asks for feedback; Uniswap v3 launched in 2021 and has processed over $1T — The biggest decentralized crypto exchange is opening its development process to the public for the first time as the SEC cracks down on its centralized competitors.| New York Times: |
A US federal judge asks the SEC and Binance to strike a compromise over the Binance.US asset freeze, while criticizing the SEC's use of its enforcement powers — A judge urged the Securities and Exchange Commission to reach a compromise with Binance that would allow the world's largest … | Washington Post: |
Google proposes a “hub-and-spoke model” for regulating AI, where existing US government agencies share the responsibility, contrasting OpenAI's new agency idea — Happy Tuesday! When it comes to newsletter puns, game recognizes game. Send news tips and dad jokes to: cristiano.lima@washpost.com.
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