Techmeme
June 28, 2023, 11:05 AM

Top News

Bloomberg:
Sources: FTX abruptly halted the sale of its $500M stake in AI startup Anthropic; FTX's bankers had reportedly been shopping its Anthropic stake in early June  —  Bankrupt cryptocurrency exchange FTX has abruptly halted the sale of one of its most sought-after assets: a stake in artificial intelligence startup Anthropic.
Jesse Coghlan / Cointelegraph:
FTX sues former compliance officer Daniel Friedberg, alleging he was Sam Bankman-Fried's “fixer” who made “hush money” payments to two potential whistleblowers  —  The lawsuit claims the former compliance officer paid whistleblowers to stop them from exposing the “true fraudulent nature” of the exchange.
Wall Street Journal:
Sources: the US is considering new AI chip export restrictions to China as soon as July, which could even prevent sales of Nvidia's A800 chip without a license  —  Restrictions come amid concerns that China could use AI chips from Nvidia and others for weapon development and hacking
Patience Haggin / Wall Street Journal:
Adalytics: ~80% of Google's video ad placements on third-party sites violated the company's promised standards between 2020 and 2023; Google disputes the claims  —  About 80% of Google's video-ad placements on third-party sites violated promised standards, new research shows; Google disputes claims
New York Times:
UK convenience stores are increasingly using facial recognition to combat shoplifting, something critics say is a disproportionate solution for minor crimes  —  British merchants are increasingly using the technology to combat shoplifting, raising questions about its spread as artificial intelligence rapidly improves it.
Alexandra Sternlicht / Fortune:
How Shein's influencer tour of its Guangzhou factory, aiming to foster goodwill and improve the company's image before a rumored IPO, spectacularly backfired  —  In recent days, Chinese fast fashion giant Shein took a handful of influencers on a tour of its Guangzhou factory.
David Heaney / UploadVR:
Report: Google canceled its “Iris” AR glasses project earlier in 2023 to focus on creating AR software platforms to license to headset manufacturers  —  Google reportedly killed its glasses hardware project.  —  Business Insider's Hugh Langley cites “three people familiar with the matter” …
Kwaku Gyasi / Bloomberg:
Public cloud infrastructure startup Fly.io, which operates data centers in 37 regions globally, raised a $110M Series C led by EQT at a $467M valuation  —  Fly.io, a tech startup whose public cloud infrastructure enables developers to deploy applications, has raised $70 million in a funding round …
More: The Fly Blog
Jack Schickler / CoinDesk:
The European Commission publishes its legislative plans to underpin a digital euro, including safeguards for privacy and financial stability  —  Officials want a digital payment system available to “everyone, everywhere, for free.”  —  BRUSSELS, Belgium - The European Commission published …
Kyle Wiggers / TechCrunch:
OpenAI's ChatGPT iOS app adds Bing for ChatGPT Plus subscribers, drawing on information that extends beyond ChatGPT's original training data to answer questions  —  ChatGPT on mobile can now surf the web.  But only via Bing.  —  Today, OpenAI announced that subscribers to ChatGPT Plus …
Bloomberg:
A look at Anonymous Sudan, a self-described hacktivist group that researchers tied to Russia and that has targeted Microsoft, Sweden, Israel, the US, and others  —  A hacking group responsible for a series of outages at Microsoft Corp. earlier this month had spent the previous months attacking targets …
Bloomberg:
Y Combinator received a record 24K applications for its latest cohort and accepted less than 1%, of which ~35% are AI-focused and 50% use AI in their business  —  More than one-third of the famed startup accelerator Y Combinator's latest batch of companies are focused specifically on artificial intelligence.
Mark Bergen / Bloomberg:
OpenAI plans to open an office in London, its first office outside the US, due to “world-class talent”; Sam Altman had floated Poland and France  —  ChatGPT creator OpenAI Inc. has chosen London as the home of its first corporate office outside the US, according to a company statement issued Wednesday.
More: OpenAI
Foo Yun Chee / Reuters:
EU countries and lawmakers reach an agreement on the Data Act, establishing rules on how Big Tech and other companies use European consumer and corporate data  —  EU countries and EU lawmakers on Tuesday agreed on rules that govern how Big Tech and other companies use European consumer and corporate data …

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More News

Miranda S. Spivack / New York Times:
Sapna Maheshwari / New York Times:

Earlier Picks

Ashley Carman / Bloomberg:
Tom Warren / The Verge:
Ivan Mehta / TechCrunch:
Monica Chin / The Verge: