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.

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More News

Kashmir Hill / New York Times:
Reuters:
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Earlier Picks

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