Techmeme
August 5, 2024, 7:15 AM

Top News

Wall Street Journal:
Sources: OpenAI developed a watermarking method for detecting text written by ChatGPT with 99.9% reliability, but its launch has been mired in internal debates  —  Technology that can detect text written by artificial intelligence with 99.9% certainty has been debated internally for two years
Bloomberg:
CrowdStrike says Delta CEO Ed Bastian failed to respond to an assistance offer from CEO George Kurtz; CrowdStrike hopes Delta will “agree to work cooperatively”  —  The allegation, in a letter Sunday from attorneys for the technology firm, builds upon CrowdStrike's claim last week …
Evan Gorelick / Bloomberg:
Analysis: the vast majority of damages from July's CrowdStrike global IT outage will go uninsured; CrowdStrike reported nearly 24K enterprise customers in Q1  —  - Insured losses estimated between $300 million and $1.5 billion  — The days-long outage took a $5.4 billion toll on Fortune 500
Tanaya Macheel / CNBC:
Bitcoin drops to ~$52,500, its lowest level since February 2024 and down nearly 16% since August 3, and ether drops 15% to ~$2,300, as global markets plummet  —  Cryptocurrencies tumbled amid a global market sell-off spurred by recession fears.  —  The price of bitcoin sank more than 13% …
Rachael Levy / Reuters:
Elon Musk says Neuralink has implanted its device in a second trial patient, who had a spinal cord injury, and 400 of the implant's 1,024 electrodes are working  —  Neuralink has successfully implanted in a second patient its device designed to give paralyzed patients the ability …
Nicholas Carlini:
A Google DeepMind research scientist details some LLM use cases and argues LLMs are not overhyped and should be judged on what they can do, not what they can't  —  Background on me  —  How I use AI  —  I don't think that “AI” models [a]  —  (by which I mean: large language models) are over-hyped.
David Shepardson / Reuters:
Sources: US Commerce Department plans to propose barring Chinese software in autonomous vehicles and some Chinese wireless communications hardware in US cars  —  The U.S. Commerce Department is expected to propose barring Chinese software in autonomous and connected vehicles in the coming weeks …
Mark Gurman / Bloomberg:
Thoughts on new Apple Intelligence features, which do not yet live up to the excitement, Apple's design team leadership reshuffle, and Apple's Q3 earnings  —  The first preview of Apple Intelligence for developers shows just how far the company has to go to live up to the hype.
Jason Snell / Six Colors:
Berber Jin / Wall Street Journal:
Investor letter: Josh Kushner says Thrive Capital raised $1B early-stage and $4B late-stage funds, its largest-ever pair of funds, after backing OpenAI in 2023  —  The fundraising reflects optimism over artificial intelligence despite the startup sector's broader struggles

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