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September 11, 2023, 4:00 AM
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Mediagazer
memeorandum
WeSmirchTop 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 …
More: Neowin, Tom's Hardware, SiliconANGLE, BigTechWire, and Rolling Stone
| 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 …
More: MacRumors, XDA Developers, CNN, PYMNTS.com, Digital Trends, Tom's Guide, Philip Elmer‑DeWitt, TechCrunch, AppleInsider, and CNET
Mastodon: @marcoarment@mastodon.social. X: @markgurman, @parkerortolani, @markgurman, @tailosivetech, @markgurman, and @markgurman
Forums: r/apple and MacRumors Forums
| Wall Street Journal: |
Sources: Meta plans to begin training an LLM in Q1 2024 on its own infrastructure that it hopes 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.
More: WABetaInfo, Metaverse Post, The Verge, SamMobile, Livemint, SiliconANGLE, BigTechWire, Reuters, TheSequence, and WinBuzzer
Forums: r/MachineLearning, r/LocalLLaMA, and r/singularity
| 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.| Manish Singh / TechCrunch: |
In an email, Coinbase tells its customers in India that it plans to cease operations in the country after September 25, advising to withdraw any remaining funds — Coinbase said Monday that it disabled new user sign-up on its exchange product in India in June of this year but remains committed …
More: Cointelegraph, crypto.news, Cryptopolitan, Watcher Guru, Cryptonews, Coinpedia Fintech News, and CoinGape. Forums: r/CryptoCurrency
| 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.
More: Cointelegraph, crypto.news, Forkast, CryptoSlate, DL News, Bitcoin News, Cryptonews, Decrypt, TheBitTimes.Com's Newsletter, and CoinGape
X: @cz_binance, @zachxbt, @zachxbt, @wublockchain, @punk9059, @zeneca, @josephmenn, @bobloukas, @dubzyxbt, @0xquit, and @web3isgreat. Forums: r/ethtrader
| 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 … | MacKenzie Sigalos / CNBC: |
How Lisbon's quality of life, crypto-friendly tax laws, and government incentives for foreigners have made the city one of the crypto capitals of the world — - Quality of life, bitcoin-friendly tax laws and a huge influx of expats have made Lisbon one of the crypto capitals of the world.| Michael S. Rosenwald / Washington Post: |
Dennis Austin, PowerPoint's principal developer who continued to lead the presentation software's team until he retired in 1996, died on September 1 at age 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.
More: The Verge, Boing Boing, Thurrott, and Neowin
Forums: Hacker News, r/consulting, r/news, and Slashdot
| Financial Times: |
How cybercriminals in Turkey teamed up with Russian émigré hackers to steal and sell tens of millions of credit card numbers, passwords, “hot” cookies, and more — Émigré hackers fleeing Putin's military conscription prompts surge in activity involving stolen financial data| Manish Singh / TechCrunch: |
Bengaluru-based fintech Perfios, which offers real-time credit underwriting tools to financial companies, raised a $229M Series D led by Kedaara Capital — Perfios, an Indian fintech that provides real-time credit underwriting solutions to banks and non-banking financial institutions …
More: Metaverse Post, Entrackr, and VCCircle
| Wall Street Journal: |
Sources: Instacart plans to target its IPO at 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.
More: PYMNTS.com, The Information, CNBC, and Bloomberg
Threads: @carnage4life. X: @buccocapital, @iankar_, @abarrallen, @rakeshlobster, and @thewealthhunter
Sponsor Posts
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Channels with Peter Kafka:
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Google's AI Infrastructure Chief, Amin Vahdat, on the Physics & Economics of Frontier AI
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Sources:
Reflection's founders on building a DeepSeek of the West
Candid conversations with the leaders shaping what's next in AI and the broader tech industry. Hosted by Alex Heath, who has covered Silicon Valley for more than a decade.
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