Techmeme
July 24, 2024, 3:30 PM

Top News

Nick Robins-Early / The Guardian:
Insurer Parametrix estimates that the global outage sparked by CrowdStrike's faulty update will cost US Fortune 500 companies, excluding Microsoft, $5.4B  —  Banking and healthcare firms, major airlines expected to suffer most losses, according to insurer Parametrix
Simon Sharwood / The Register:
Politico:
Some in Silicon Valley hope Kamala Harris could provide a chance for a reset, after years of bipartisan criticism in Washington, DC, toward Big Tech companies  —  Would she bring continuity with Joe Biden's policies?  A more centrist vibe?  A sharper progressive bite?
Eva Roytburg / Fortune:
Shubham Sharma / VentureBeat:
Mistral announces Mistral Large 2, the new generation of its flagship model, with 123B parameters; commercial usage requires a separate license  —  The AI race is picking up pace like never before.  Following Meta's move just yesterday to launch its new open source Llama 3.1 …
Benj Edwards / Ars Technica:
Meta says it will allow developers to use the outputs from Llama models, including Llama 3.1 405B, to improve other models for the first time  —  “Open source AI is the path forward,” says Mark Zuckerberg, misusing the term.  —  In the AI world, there's a buzz in the air …
Emanuel Maiberg / 404 Media:
Reddit appears to be blocking search engines that don't rely on Google's indexing; Bing, DuckDuckGo, and others are not showing recent results from Reddit  —  DuckDuckGo, Bing, Mojeek, and other search engines are not returning full Reddit results any more.
Bloomberg:
Alex Konrad / Forbes:
Airtable launches Cobuilder, which can generate apps from text prompts and match them to relevant data and customer information already stored within Airtable  —  Airtable's new Cobuilder product puts AI-generated apps in every worker's hands — and has the $11.7 billion-valued startup back eyeing an IPO following painful job cuts.
Chris Welch / The Verge:
Jillian Ambrose / The Guardian:
Irish government data: data centers in Ireland used 21% of the country's electricity in 2023, up 20% YoY, topping the 18% of electricity used by all urban homes  —  Statistics raise concerns that rise in demand for data processing driven by AI could derail climate targets
Giulio Piovaccari / Reuters:
Ferrari plans to accept crypto payments for its cars at European dealers from the end of July, and internationally by the end of 2024, expanding on the US  —  Ferrari (RACE.MI) said on Wednesday it would extend its scheme to accept payments in cryptocurrency for its luxury sports cars …
Keith Broni / Emojipedia:
X reverts its water pistol emoji back to a firearm on the web, after Twitter originally switched the pistol emoji from a realistic-looking handgun in 2018  —  X (fka Twitter) has quietly redesigned its 🔫 Water Pistol emoji to display as a firearm.  This diverges from the cross-platform conversion …
Sarah McBride / Bloomberg:
Compliance startup Vanta raised a $150M Series C led by Sequoia Capital at a $2.45B valuation, up from $1.6B in 2022, to accelerate adding AI to its products  —  Sequoia Capital led the financing, which the company said it would use in part to accelerate work in artificial intelligence.
Lizette Chapman / Bloomberg:
All Raise: ~18% of US VC firms have at least one female partner, double from 2018; PitchBook says female founders had almost 28% of total US deal value in 2023  —  - Advocacy group reports women partners are part of more firms  — All Raise CEO says progress at risk from diversity criticisms

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More News

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Earlier Picks

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Bloomberg:
Benjamin S. Weiss / Courthouse News Service: