Techmeme
June 27, 2024, 7:30 PM

Top News

Jay Peters / The Verge:
Google adds 110 new languages to Translate, aided by the company's PaLM 2 AI language model, taking the total languages to 243, in its largest expansion ever  —  Google is adding support for 110 new languages to Google Translate, the company announced on Thursday.
Will Knight / Wired:
OpenAI details CriticGPT, a model based on GPT-4 to catch errors in ChatGPT's code output, assisting human trainers in assessing and spotting errors  —  Having humans rate a language model's outputs produced clever chatbots.  OpenAI says adding AI to the loop could help make them even smarter and more reliable.
Sarah Wynn / The Block:
Coinbase files two lawsuits against the US SEC and the FDIC for not complying with FOIA requests; one of the FOIA requests is about how the SEC views ether  —  - Coinbase, which retained consultant firm History Associates Inc. to file the FOIA requests, took aim at the SEC and FDIC …
Ken Yeung / VentureBeat:
Google says Gemma 2 will be available to researchers and developers through Vertex AI from July as a new 9B-parameter model and the prior 27B-parameter model  —  Google says Gemma 2, its open lightweight model series, will be available to researchers and developers through Vertex AI starting next month.
Tom Warren / The Verge:
Microsoft plans to launch its Xbox TV app on Amazon's Fire TV Sticks in July in 25+ countries, letting Game Pass Ultimate subscribers access Xbox Cloud Gaming  —  The Xbox app will provide access to Xbox Cloud Gaming so subscribers to Xbox Game Pass Ultimate can stream a variety of games directly to Fire TV devices.
Lauren Forristal / TechCrunch:
Amazon folds its Amazon Clinic telehealth service into One Medical, with more affordable per-visit pricing: $49 for a video call or $29 to text a doctor  —  Amazon is folding its Amazon Clinic telehealth service into its primary care business One Medical, the company announced on Thursday.
Michael Nuñez / VentureBeat:
Meta releases LLM Compiler, a family of models built on Code Llama specifically designed for code optimization tasks, available with 7B and 13B parameters  —  Meta has unveiled the Meta Large Language Model (LLM) Compiler, a suite of robust, open-source models designed to optimize code and revolutionize compiler design.
Sarah Perez / TechCrunch:
In an interview, Mark Zuckerberg says there will not be “just one AI”, disparages closed-source AI competitors as trying to “create God”, and more  —  Riffing on what he sees for the future of AI, Meta CEO Mark Zuckerberg said in an interview published Thursday …
Ivan Mehta / TechCrunch:
Katie Roof / Bloomberg:
Clay, which develops AI tools focused on sales and marketing for businesses, raised $46M led by Meritech at a $500M valuation, taking its total funding to $66M  —  Company was valued at $500 million in its latest funding round.  —  An artificial intelligence startup focused on sales …
Dan Goodin / Ars Technica:
Progress Software discloses a critical vulnerability in MOVEit's SFTP module; hackers exploited a similar flaw in MOVEit in 2023 to breach almost 1,800 networks  —  A similar flaw last year left 1,800 networks breached.  Will the latest one be as potent?  —  A critical vulnerability …
Bloomberg:
Nokia agrees to acquire Infinera, which provides networking hardware and software to mobile phone operators and others, for $2.3B in a cash-and-stock deal  —  - Cash-and-stock transaction values Infinera at 37% premium  — Acquisition is largest for Nokia since Alcatel-Lucent in 2016
Chris Lisinski / State House News Service:
Uber and Lyft agree to pay drivers in Massachusetts a minimum wage and give them some benefits, and pay a combined $175M to the state to settle a 2020 lawsuit  —  State prosecutors agreed to a settlement with Uber and Lyft that will require the companies to pay Massachusetts $175 million …
Abner Li / 9to5Google:
Google announces faster Google Sheets calculations in Chrome and Edge browsers on desktop, doubling speeds for running formulas, creating pivot tables, and more  —  Google is touting significant speed improvements when performing calculations in Sheets on desktop Chrome and Edge.
Bloomberg:
Naver-owned Webtoon shares closed up 9.5% at $23 in the online comics company's Nasdaq debut, giving it a market value of ~$2.9B, after an IPO that raised $315M  —  - Online comics company's first-time share sale priced at top  — Firm sees growth beyond Korea coming from Japan, France
The Information:
As tech companies grapple with the limited availability of Nvidia chips globally, Chinese companies like Alibaba face a tougher situation due to US restrictions  —  U.S. rules curbing the export of artificial intelligence chips to China are beginning to squeeze the country's AI industry.
Karissa Bell / Engadget:
Meta's Oversight Board issued 53 decisions in 2023 and says Meta has fully or partially implemented 75 out of 266 recommendations from January 2021 to May 2024  —  The board says it wants to weigh in on “demoted content” on Facebook and Instagram.  —  The Oversight Board has published …
Jesse Hamilton / CoinDesk:
A look at the pro-crypto Fairshake super PAC, which raised $169M from Coinbase, Ripple, a16z, and more, and has backed 20+ US congressional primary wins in 2024  —  Coinbase, Ripple and a16z donated unprecedented money to influence the outcomes of congressional races, but nobody wants to say who's in charge …

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More News

Aoyon Ashraf / CoinDesk:

Earlier Picks

Bloomberg:
Katie Mettler / Washington Post: