Techmeme
September 11, 2023, 5:20 AM

Top News

Associated Press:
Research: ChatGPT uses an estimated 500ml of water for every five to 50 prompts; Microsoft disclosed the company's water use spiked 34% YoY in 2022, Google 20%  —  The cost of building an artificial intelligence product like ChatGPT can be hard to measure.  But one thing Microsoft-backed OpenAI needed …
Mark Gurman / Bloomberg:
An expected high-end iPhone price increase and features like iPhone 15 Pro Max's periscope lens show Apple is getting more aggressive with its premium strategy  —  Apple is set to unveil the iPhone 15 on Tuesday, alongside updated watches and AirPods.  And once again, the company …
Molly White / Web3 is Going Just Great:
Vitalik Buterin's X account was hacked to promote a crypto scam, leading to an estimated $650K+ of assets being stolen; the tweet was deleted within 20 minutes  —  The Twitter account belonging to Vitalik Buterin, inventor and effective leader of the Ethereum project, was hacked to promote a crypto scam.
Wall Street Journal:
Sources: Meta plans to begin training a new LLM in Q1 2024 on its own infrastructure and hopes the model will be roughly as capable as OpenAI's GPT-4  —  Parent of Facebook and Instagram wants artificial-intelligence system to be as capable as OpenAI's most advanced model  —  Platforms is setting its sights on OpenAI.
Max Tani / Semafor:
NewsWhip data on 300K influential X users suggests X is throttling posts linking to the NYT, with “weekly average shares per article” down ~75% from July's peak  —  X, Elon Musk's social media platform formerly known as Twitter, appears to be attempting to limit its users' access to The New York Times.
Michael S. Rosenwald / Washington Post:
Dennis Austin, who was PowerPoint's principal developer and continued to lead the presentation software's team until retiring in 1996, died on September 1 at 76  —  The program was the digital successor of the overhead projector.  It became one of the most ubiquitous and scorned programs of modern office life.
Brenda Goh / Reuters:
Alibaba Cloud Intelligence Group CEO Daniel Zhang steps down, after assuming the role in June 2023; Alibaba CEO Eddie Wu becomes the unit's acting chair and CEO  —  China's Alibaba Group (9988.HK) said on Sunday that Daniel Zhang will step down from its cloud business, in a surprise move …
Wall Street Journal:
Sources: Instacart plans to target its IPO at a roughly $8.6B to $9.3B valuation, well below the $39B valuation the company had in March 2021  —  The grocery-delivery company aims for $8.6 billion to $9.3 billion, down from $39 billion in 2021.

Sponsor Posts

Google:
Try Gemini 3 Pro  —  Google's newest and most intelligent AI model that helps you bring any idea to life
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.
Zoho:
Introducing Zoho Spend: A unified platform for the next gen finance teams.  —  Effective business spend management is a direct lever for profitability.  When organizations gain visibility into where money flows …
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.

Featured Podcasts

Invest Like the Best:
Gavin Baker - Nvidia v. Google, Scaling Laws, and the Economics of AI
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
Uncapped with Jack Altman:
Pat Grady & Alfred Lin from Sequoia
Conversations with people I admire about things I'm genuinely interested in.
Subscribe to Uncapped with Jack Altman.
Big Technology Podcast:
AI Device Wars Heat Up, RIP Metaverse?, Netflix Acquires Warner Brothers
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
The Social Radars:
Blake Scholl, Founder & CEO of Boom Supersonic
Come be a fly on the wall as Y Combinator's Jessica Livingston and Carolynn Levy talk to some of the most successful founders in Silicon Valley about how they did it.
Subscribe to The Social Radars.
Grit:
The Pull to Build: Joubin Mirzadegan on Grit and Starting Roadrunner
Grit explores what it takes to create, build and scale world-class organizations.
Subscribe to Grit.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 5:20 AM ET, September 11, 2023.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Kashmir Hill / New York Times:
Reuters:
Walter Isaacson / CNBC:
Jay Peters / The Verge:

Earlier Picks

Vincent Manancourt / Politico:
Ben Cohen / Wall Street Journal: