Techmeme
June 20, 2024, 5:10 PM

Top News

Kyle Wiggers / TechCrunch:
Anthropic launches Claude 3.5 Sonnet, which beats its flagship model Claude 3 Opus and outperforms GPT-4o in some tests, available for free on the web and iOS  —  OpenAI rival Anthropic is releasing a powerful new generative AI model called Claude 3.5 Sonnet.  But it's more an incremental step than a monumental leap forward.
Carl Franzen / VentureBeat:
Claude 3.5 Sonnet appears to be a tremendous leap for Anthropic and LLMs generally, and shows that AI model makers' performance gains are not slowing down  —  A new large language model (LLM) has apparently taken the performance crown from OpenAI's GPT-4o about a month after its release …
David Pierce / The Verge:
Anthropic debuts Artifacts, which lets users see, edit, and build upon content generated by Claude such as code snippets, text documents, and website designs  —  The AI arms race continues apace: Anthropic is launching its newest model, called Claude 3.5 Sonnet, which it says can equal …
Alexandra Alper / Reuters:
The restrictions on Kaspersky will stop new sales of its antivirus software in the US from July 20 and bar software updates to US customers after September 29  —  The Biden administration on Thursday announced plans to bar the sale of antivirus software made by Russia's Kaspersky Lab in the United States …
Lauren Feiner / The Verge:
NY Governor signs two bills to protect minors, banning “addictive feeds”, limiting data collection, limiting social media notifications overnight, and more  —  New York Governor Kathy Hochul (D) signed two bills into law on Thursday that aim to protect kids and teens from social media harms …
Leo Schwartz / Fortune:
Source: The CFTC is investigating the Chicago-based trading firm Jump's involvement in crypto, including inquiries into its trading and investing activity  —  The Commodity Futures Trading Commission is investigating the Chicago-based trading firm Jump's involvement in crypto …
Clothilde Goujard / Politico:
EU diplomats: an EU Council vote to amend a draft law that would have forced WhatsApp and Signal to scan images and links for CSAM was removed from the agenda  —  Countries clash over how to safeguard privacy when rooting out illegal pictures and grooming on private chat apps.
Financial Times:
Sources: Revolut plans to sell ~$500M worth of existing shares, including those held by employees, at a $40B+ valuation, up from $33B during a 2021 fundraising  —  SoftBank-backed fintech is confident its value has increased over 20% since 2021 fundraising  —  UK fintech Revolut is targeting …
More: Bloomberg
Jeff Horwitz / Wall Street Journal:
Tests show Instagram continues to recommend sexual videos to accounts with ages listed as 13; Snapchat and TikTok did not produce the same sexualized content  —  Findings align with undisclosed internal research at Meta, which has pledged an ‘age-appropriate’ experience for teens …
Benjamin Sandofsky / Sandofsky:
A history of Lambda School: burning through $120M, why its income share agreements failed, how one developer-turned-journalist revealed the fraud, and more  —  Two days after his company's downfall, Austen Allred wrote: … Austen co-founded Lambda School, one of the largest educational startups of all time.
Ingrid Lunden / TechCrunch:
Sources: Poolside, co-founded by ex-GitHub CTO Jason Warner to build AI tools to speed up software development, is raising $400M+ at a $2B+ post-money valuation  —  Paris has quickly established itself as a major European center for AI startups, and now another deal in the works could cement that position even further.
Maria Deutscher / SiliconANGLE:
London-based PQShield, which is developing tools for implementing post-quantum cryptography, raised a $37M Series B, taking its total funding to $57M+  —  Post-quantum cryptography startup PQShield Ltd. today announced that it has closed a $37 million funding round led by Addition.

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Earlier Picks

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Washington Post:
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