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September 11, 2023, 4:00 AM
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memeorandum
WeSmirchTop News
| 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 …
More: Neowin, Tom's Hardware, SiliconANGLE, BigTechWire, and Rolling Stone
| 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 …
More: MacRumors, XDA Developers, CNN, PYMNTS.com, Digital Trends, Tom's Guide, Philip Elmer‑DeWitt, TechCrunch, AppleInsider, and CNET
Mastodon: @marcoarment@mastodon.social. X: @markgurman, @parkerortolani, @markgurman, @tailosivetech, @markgurman, and @markgurman
Forums: r/apple and MacRumors Forums
| Wall Street Journal: |
Sources: Meta plans to begin training an LLM in Q1 2024 on its own infrastructure that it hopes 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.
More: WABetaInfo, Metaverse Post, The Verge, SamMobile, Livemint, SiliconANGLE, BigTechWire, Reuters, TheSequence, and WinBuzzer
Forums: r/MachineLearning, r/LocalLLaMA, and r/singularity
| 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.| Manish Singh / TechCrunch: |
In an email, Coinbase tells its customers in India that it plans to cease operations in the country after September 25, advising to withdraw any 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 …
More: Cointelegraph, crypto.news, Cryptopolitan, Watcher Guru, Cryptonews, Coinpedia Fintech News, and CoinGape. Forums: r/CryptoCurrency
| Molly White / Web3 is Going Just Great: |
Vitalik Buterin's X account was hacked to promote a crypto scam, leading to an estimated $650K+ of assets being stolen; the tweet was deleted within 20 minutes — The Twitter account belonging to Vitalik Buterin, inventor and effective leader of the Ethereum project, was hacked to promote a crypto scam.
More: Cointelegraph, crypto.news, Forkast, CryptoSlate, DL News, Bitcoin News, Cryptonews, Decrypt, TheBitTimes.Com's Newsletter, and CoinGape
X: @cz_binance, @zachxbt, @zachxbt, @wublockchain, @punk9059, @zeneca, @josephmenn, @bobloukas, @dubzyxbt, @0xquit, and @web3isgreat. Forums: r/ethtrader
| Brenda Goh / Reuters: |
Alibaba Cloud Intelligence Group CEO Daniel Zhang steps down, after assuming the role in June 2023; Alibaba CEO Eddie Wu becomes the unit's acting chair and CEO — China's Alibaba Group (9988.HK) said on Sunday that Daniel Zhang will step down from its cloud business, in a surprise move … | MacKenzie Sigalos / CNBC: |
How Lisbon's quality of life, crypto-friendly tax laws, and government incentives for foreigners have made the city one of the crypto capitals of the world — - Quality of life, bitcoin-friendly tax laws and a huge influx of expats have made Lisbon one of the crypto capitals of the world.| Michael S. Rosenwald / Washington Post: |
Dennis Austin, PowerPoint's principal developer who continued to lead the presentation software's team until he retired in 1996, died on September 1 at age 76 — The program was the digital successor of the overhead projector. It became one of the most ubiquitous and scorned programs of modern office life.
More: The Verge, Boing Boing, Thurrott, and Neowin
Forums: Hacker News, r/consulting, r/news, and Slashdot
| Financial Times: |
How cybercriminals in Turkey teamed up with Russian émigré hackers to steal and sell tens of millions of credit card numbers, passwords, “hot” cookies, and more — Émigré hackers fleeing Putin's military conscription prompts surge in activity involving stolen financial data| Manish Singh / TechCrunch: |
Bengaluru-based fintech Perfios, which offers real-time credit underwriting tools to financial companies, raised a $229M Series D led by Kedaara Capital — Perfios, an Indian fintech that provides real-time credit underwriting solutions to banks and non-banking financial institutions …
More: Metaverse Post, Entrackr, and VCCircle
| Wall Street Journal: |
Sources: Instacart plans to target its IPO at roughly $8.6B to $9.3B valuation, well below the $39B valuation the company had in March 2021 — The grocery-delivery company aims for $8.6 billion to $9.3 billion, down from $39 billion in 2021.
More: PYMNTS.com, The Information, CNBC, and Bloomberg
Threads: @carnage4life. X: @buccocapital, @iankar_, @abarrallen, @rakeshlobster, and @thewealthhunter
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