| Zack Whittaker / TechCrunch: |
Nobitex, Iran's largest crypto exchange, says it was hacked, and pro-Israel group Predatory Sparrow takes credit; Elliptic: the hackers stole and “burned” $90M+ — Iran's largest crypto exchange, Nobitex, said Wednesday that it was hacked and funds have been drained from its hot wallet.| Jordan Robertson / Bloomberg: |
How Iranian and Israeli hacking groups spent years sparring online; the US State Department is offering $10M for info on members of Iran-linked CyberAv3ngers — As hackers have inserted themselves into the military conflict between Israel and Iran, American officials are focused on trying … | Matt Kapko / CyberScoop: |
| Andrew R. Chow / Time: |
An MIT study of 54 people: writing SAT essays using ChatGPT had the lowest brain engagement and poorer neural performance than using Google Search or no tools — Does ChatGPT harm critical thinking abilities? A new study from researchers at MIT's Media Lab has returned some concerning results.| Bloomberg: |
Sources: Microsoft plans to announce thousands of job cuts, particularly in sales, in early July following its fiscal year end, after cutting 6,000 jobs in May — The cuts are expected to be announced early next month, following the end of Microsoft's fiscal year, according to people familiar with the matter.| The Information: |
Source: Meta is in advanced talks to hire Nat Friedman and Daniel Gross to help lead its AI efforts and maybe partly buy out their VC fund, NFDG, worth billions — Meta Platforms is in advanced talks to hire the prominent artificial intelligence investors Nat Friedman and Daniel Gross … | Melissa Heikkilä / Financial Times: |
A look at the tech industry's lack of consensus on what AGI or ASI is, whether LLMs are the best path, and what the tech might look like if or when it arrives — It has been tipped as the next big breakthrough out of Silicon Valley, but is it a scientific goal — or a marketing buzzword?| Financial Times: |
Sources: Microsoft is prepared to walk away from high-stakes OpenAI negotiations if they cannot agree on critical issues, such as the size of Microsoft's stake — ChatGPT maker's plans to convert into a for-profit leads software giant to make contingency plans| Bloomberg: |
Texas Instruments plans to spend $60B+ on US chip plants, including two new factories in Sherman, Texas, and says its long-term spending plan remains unchanged — The company said its long-term capital spending plan remains unchanged. The total includes amounts allotted to plants … | Ben Schoon / 9to5Google: |
Korean media: Google switching from Samsung's foundry to TSMC for its upcoming Pixel 10 series' Tensor G5 chip was a “shock” and is a wake-up call for Samsung — According to a new report, Google's switch from Samsung's foundry to TSMC for the Tensor G5 chip in the upcoming Pixel 10 series was a … | Carl Franzen / VentureBeat: |
Midjourney launches V1, its first AI video generation model, letting subscribers animate images via its website; video tasks will cost ~8x more than image tasks — Popular AI image generation service Midjourney has launched its first AI video generation model V1, marking a pivotal shift … | Scale AI: |
Scale AI emphasizes that it “remains an independent company” and says Meta will not have access to its internal systems or customers' confidential information — Over the past week, we've received thoughtful questions from our customers, partners, and contributors … | Rachel Metz / Bloomberg: |
| Washington Post: |
The US State Department restarts student visa interviews and requires all applicants to make their social media accounts public for vetting by US embassies — The new requirements could affect hundreds of thousands of visa applications each year, raising concerns about staffing requirements.| MacKenzie Sigalos / CNBC: |
The US DOJ seizes $225.3M in crypto linked to “pig butchering” scams of 400+ victims, marking “the largest cryptocurrency seizure in US Secret Service history” — The Justice Department announced Wednesday the largest-ever U.S. seizure of cryptocurrency linked to so-called … | Emma Roth / The Verge: |
Meta says it is adding support for passkeys to Facebook for iOS and Android “soon”, and will begin rolling out passkeys to Messenger “in the coming months” — Using your device security instead of a password makes it harder to get tricked into giving up your Facebook account.| Sophie Shulman / CTech: |
Wix acquires Base44, which lets users build apps from text prompts, for $80M; Base44 was founded by a solo entrepreneur six months ago and employs six people — 31-year-old Maor Shlomo built the viral AI app-maker as a side project that began last year during a post-reserve trip.| Sachi Kitajima Mulkey / New York Times: |
A new study of 14 open-source LLMs: larger models use exponentially more energy and produce more greenhouse gas emissions, but do not always give better answers — When it comes to artificial intelligence, more intensive computing uses more energy, producing more greenhouse gases.| Federico Viticci / MacStories: |
An interview with Apple SVP Craig Federighi on the journey to iPadOS' windowing system and menu bar, the iPad's essence as a “magical piece of glass”, and more — It's a cool, sunny morning at Apple Park as I'm walking my way along the iconic glass ring to meet with Apple's SVP … | Ina Fried / Axios: |
OpenAI warns that its upcoming models could pose a higher risk of enabling the creation of biological weapons and says it is stepping up testing of such models — OpenAI cautioned Wednesday that upcoming models will head into a higher level of risk when it comes to the creation of biological weapons … | Maxwell Zeff / TechCrunch: |
| Will Knight / Wired: |
MIT researchers unveil Self-Adapting LLMs, a framework that enables LLMs to keep improving by generating their own training data based on the input received — Scientists at Massachusetts Institute of Technology have devised a way for large language models to keep learning on the fly … | Barbara Moens / Financial Times: |
The European Court of Justice's advocate-general says the EU's €4.12B fine against Google over its dominance of Android should be upheld, a major blow to Google — ECJ adviser supports Brussels regulators' findings over dominance of tech giant's Android mobile operating system| Marina Temkin / TechCrunch: |
Multiplier, which acquires accounting services firms and scales them with AI, raised $27.5M across a seed and Series A, with the latter led by Lightspeed — In late 2022, Noah Pepper, a former Stripe business lead for the Asia Pacific region, founded Multiplier, a startup that aimed to sell software to tax accounts.
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| Ellen Barry / New York Times: |
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