Techmeme
September 11, 2023, 9:35 AM

Top News

Bloomberg:
Qualcomm says Apple extended its modem deal for three more years, covering “smartphone launches in 2024, 2025, and 2026”; the prior deal was set to end in 2023  —  - Pact between the companies had been scheduled to end this year  — The iPhone maker has been trying to create its own components
Reuters:
Filing: Instacart aims to raise up to $616M in its IPO at an up to $7.73B valuation and prices shares at $26 to $28; the listing is expected later this month  —  Instacart is aiming for a valuation of up to $7.73 billion, the grocery delivery company said on Monday, in its march toward …
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 …
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 …
Wall Street Journal:
Sources: Meta plans to begin training a new LLM in Q1 2024 on its own infrastructure and hopes the model 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.
WABetaInfo:
WhatsApp releases an Android beta that adds a “Third-party chats” screen, offering a clue for how Meta plans to comply with the EU's DMA interoperability rules  —  WhatsApp is rolling out a new update through the Google Play Beta Program, bringing the version up to 2.23.19.8.
Manish Singh / TechCrunch:
Coinbase emails its customers in India to say the company plans to cease operations in the country from September 25, advising users to withdraw 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 …
Gillian Tett / Financial Times:
An interview with Walter Isaacson on Elon Musk, the new biography, why Musk agreed, the Twitter acquisition, Musk being “driven by demons”, surprises, and more  —  The writer tells Gillian Tett what he learnt during two years spent with ‘total access’ to the tech tycoon
Wall Street Journal:
A competition between Wharton MBA students and ChatGPT that judges generating ideas for a new product or service finds that 35 of the top 40 came from ChatGPT  —  We put humans and AI to the test.  The results weren't even close.  —  How good is AI in generating new ideas?
Zack Abrams / The Block:
FTX sues cross-chain swap protocol builder LayerZero Labs, seeking to undo a $45M deal made four days before FTX filed for bankruptcy and a $40M cash withdrawal  —  - The FTX estate is suing blockchain infrastructure company LayerZero Labs in an attempt to undo a $45M deal made in the midst of its collapse.
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.

Sponsor Posts

Meta:
Open Source AI: Available to all, not just the few  —  Meta's open source AI enables small businesses, start-ups, students, researchers and more to download and build with our models at no cost.
Zoho:
Highlights of 2024: Zoho Connect's journey to better workplaces  —  As we look back on 2024, it's clear that this has been a year of incredible transformation for Zoho Connect.  Our mission?
Genesys:
Executive Insights: The Era of Contact Center AI Copilots  —  How AI copilots are transforming customer experience and agent performance.
Tribe AI:
Build AI products that matter  —  Tribe AI helps organizations rapidly deploy AI solutions that have real business impact.  We bring together world class AI talent and tooling to drive differentiated results.
Techmeme Ride Home:
Fri. 12/27 - A New "Definition" Of AGI
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 9:35 AM ET, September 11, 2023.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Brenda Goh / Reuters:

Earlier Picks

Molly White / Web3 is Going Just Great:
Kashmir Hill / New York Times:
Michael S. Rosenwald / Washington Post:
Reuters:
Walter Isaacson / CNBC: