| Meta: |
Meta releases Llama 2, its open-source LLM with double the context length, for free for research and commercial use, and expands its Microsoft partnership — Recent breakthroughs in AI, and generative AI in particular, have captured the public's imagination and demonstrated what those developing … | Kif Leswing / CNBC: |
Qualcomm and Meta announce that Llama 2 will run on Qualcomm chips on phones and PCs in 2024; Qualcomm says Llama 2 will enable intelligent virtual assistants — - Qualcomm and Meta will enable the social networking company's so-called new large language model, Llama 2, to run on Qualcomm chips on phones and PCs starting in 2024| Wes Davis / The Verge: |
The FCC unveils the US Cyber Trust Mark, a voluntary cybersecurity label for smart devices that will signify that devices meet NIST-set security standards — In a press briefing, Federal Communications Commission (FCC) Chair Jessica Rosenworcel said the new label, called the US Cyber Trust Mark … | Will Shanklin / Engadget: |
Microsoft announces Copilot for Microsoft 365 will cost $30 per user per month for business accounts, and debuts Bing Chat Enterprise, offering improved privacy — A version of Bing Chat with corporate-level privacy is also rolling out in preview. — At the Microsoft Inspire partner event today … | Peter Kafka / Vox: |
Executives at G/O Media, which owns Gizmodo, Jezebel, and others, say the company plans to publish more AI-generated stories despite its botched first attempts — Why G/O Media thinks we should have more stories written by bots. — In early July, managers at G/O media … | Inti Landauro / Reuters: |
Spain's antitrust watchdog fines Amazon and Apple a combined €194.1M for colluding to limit the sale of Apple devices from competitors on Amazon's Spanish sites — Spain's antitrust watchdog CNMC on Tuesday said it had imposed fines worth 194 million euros ($218.2 million) in total on Amazon … | Hannah Miller / Bloomberg: |
Futureverse, a combination of 11 different startups from sectors including blockchain, AI, the metaverse, and gaming, raised a $54M Series A led by 10T Holdings — The startup formed out of a merger of 11 different companies. — An unusual company straddling a range of industries … | Natasha Lomas / TechCrunch: |
An Ada Lovelace Institute report warns that the UK's approach to AI safety lacks credibility and makes 18 recommendations for improving the government's plans — The UK government has been trying to cultivate an image of itself as an international mover-and-shaker in the nascent field … | Casey Newton / Platformer: |
Threads' early growth decisively proved the demand for a new text-based conversation app that could fully supplant Twitter's role in shaping public conversation — One week later, engagement is down — but the prize is still there for the taking — I. — On July 5, Meta released Threads into the world.| Alex Isenstadt / Politico: |
A pro-Ron DeSantis super PAC used an AI version of Donald Trump's voice that appeared to narrate a Truth Social post of his, in a statewide TV attack ad in Iowa — The spot illustrates the new frontiers in political advertising. — A pro-Ron DeSantis super PAC uses an Artificial Intelligence version … | Maria Heeter / The Information: |
Sources: Nvidia is nearing an investment in cloud compute service Lambda Labs, in a deal that could total $300M, after taking a large equity stake in CoreWeave — Nvidia is known for its stranglehold over the market for the data center chips that power ChatGPT and other artificial intelligence software.| Filipe Espósito / 9to5Mac: |
Threads gets big update with Follows tab, translations, and more — It's been two weeks since Meta launched Threads, its new microblogging social network. And while version 1.0 was a pretty solid release, it lacked a lot of features that users had been asking for.| Kyle Wiggers / TechCrunch: |
Microsoft announces Vector Search, which uses ML to capture the context of unstructured data like images and text, to speed up search, in preview through Azure — At its annual Inspire conference, Microsoft announced a number of new AI features headed to Azure, perhaps the most notable of which is Vector Search.| Krystal Hu / Reuters: |
McKinsey partners with Cohere to help enterprise clients adopt generative AI, after Deloitte partnered with Nvidia and Bain and Company teamed up with OpenAI — Consultancy giant McKinsey said it had struck a partnership with artificial intelligence startup Cohere in an effort to provide AI solutions to its enterprise clients.| Mike Wheatley / SiliconANGLE: |
Delaware-based Wing Cloud, which develops the open-source programming language Winglang for building cloud-native apps, launches out of stealth with a $20M seed — Cloud-native programming language startup Wing Cloud Ltd. is exiting stealth mode today armed with a hefty $20 million in seed funding.| Ingrid Lunden / TechCrunch: |
Hammerspace, which sells data orchestration systems to Blue Origin, NSF, Royal Caribbean Group, and others, raised $56.7M led by Aramco's Prosperity7 Ventures — Data may be “the new oil,” but only when it can be extracted and put to use. Today, a five year-old startup called Hammerspace … | Natasha Mascarenhas / The Information: |
Sources: Cameo tells staff it is laying off 80+ workers because of financial pressures, leaving fewer than 50, down nearly 90% from its peak headcount last year — Cameo, the video shoutout app that gained in popularity during the pandemic shutdowns, told employees on Tuesday that it was laying off … | Tim Bradshaw / Financial Times: |
UK-based optical chip developer Optalysys, which focuses on fully homomorphic encryption, raised a £21M Series A led by Lingotto and Northern Gritstone — Leeds-based company pushes its innovative technology to unlock one of greatest challenges in data security| Amanda Silberling / TechCrunch: |
After about two and a half years as OnlyFans' CEO, Ami Gan departs to launch a new venture; Chief Strategy & Operations Officer Keily Blair takes over as CEO — After about two and a half years as CEO, Ami Gan is leaving OnlyFans. Chief strategy and operations officer Keily Blair will take over as CEO.| Ingrid Lunden / TechCrunch: |
London-based Tractable, which uses computer vision and AI to remotely assess property and vehicle damage, raised a $65M Series E led by SoftBank Vision Fund 2 — When it comes to transforming business operations, artificial intelligence holds a lot of promise across many industries.| Bloomberg: |
Sources: Microsoft and Activision Blizzard plan to keep seeking the final regulatory approvals for their $69B deal, despite not closing by the July 18 deadline — - UK veto will prevent closing by July 18 deadline in agreement — Companies don't intend to walk away, will continue UK talks
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