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August 21, 2024, 2:20 AM
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OpenAI:
OpenAI launches fine-tuning for GPT-4o, which lets developers customize a version of the model with their own datasets to improve domain-specific performance  —  Fine-tune custom versions of GPT-4o to increase performance and accuracy for your applications  —  Today, we're launching fine-tuning …
Wall Street Journal:
PitchBook: seven banks' ~$13B loans to Musk to buy Twitter have been “hung” for two years, weighing on balance sheets, the worst buyout for banks since 2008-09  —  Loans of around $13 billion have remained ‘hung’ for nearly two years, bringing in interest payments but weighing on banks' balance sheets
Kirsten Korosec / TechCrunch:
Waymo co-CEO Tekedra Mawakana says Waymo is now giving 100K+ paid robotaxi rides every week in LA, San Francisco, and Phoenix, a few months after passing 50K+  —  Waymo disclosed Tuesday it's now giving more than 100,000 paid robotaxi rides every week across its three main commercial markets in Los Angeles, San Francisco, and Phoenix.
Daniel Wiessner / Reuters:
A US district judge in Texas strikes down the FTC's ban on worker noncompete agreements, due to start September 4, after her temporary block of the rule in July  —  A federal judge in Texas on Tuesday barred a U.S. Federal Trade Commission rule from taking effect that would ban agreements commonly signed …
Jay Peters / The Verge:
In a Reddit AMA, CEO Patrick Spence said Sonos won't rerelease its old app, after testing showed that doing so “would make the problems worse, not better”  —  If you want the old Sonos app back, it's not coming.  In a Reddit AMA response posted Tuesday, Sonos CEO Spence says that he was hopeful …
Kate Knibbs / Wired:
Condé Nast makes a multiyear deal with OpenAI, letting ChatGPT and SearchGPT surface stories from The New Yorker, Vogue, Vanity Fair, Bon Appetit, and Wired  —  The media company joins The Atlantic, Axel Springer, Vox Media, and a host of other publishers who have partnered with OpenAI.
Jonathan Stempel / Reuters:
A US appeals court revives a class action suit by Google Chrome users who say Google collected personal info even if Chrome was not synced with a Google account  —  A U.S. appeals court said Google (GOOGL.O) must face a revived lawsuit by Google Chrome users who said the company collected …
Samantha Cole / 404 Media:
Shein sues Temu for copyright infringement, accusing the company of stealing trade secrets and masquerading “as a legitimate e-commerce ‘marketplace’”  —  Shein, notorious for being accused of copyright infringement by small artists and big brands alike …
Carl Franzen / VentureBeat:
Microsoft releases three Phi-3.5 models designed for basic/fast reasoning and more, available for developers to download, use, and fine-tune on Hugging Face  —  Microsoft isn't resting its AI success on the laurels of its partnership with OpenAI.  —  No, far from it.
Eric Newcomer / Newcomer:
In a letter to investors, Bolt says it's finalizing a $450M Series F at a $14B valuation, but the deal terms are bewildering and hard to believe  —  The financial technology company told investors that it is raising at a $14 billion valuation.  That's hard to believe.  —  ∙ Paid
Zack Whittaker / TechCrunch:
Flight tracking site FlightAware, which claims 10M+ monthly users, reports a breach dating back to January 2021 that exposed names, SSNs, addresses, and more  —  Flight tracking site FlightAware has blamed a “configuration error” for exposing a raft of personal information of its customers …

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More News

Reuters:
A look at Rockbridge, a Silicon Valley-backed right-wing donor group co-founded by JD Vance to influence US politics; docs and sources: its 2024 budget is ~$75M
Kyle Wiggers / TechCrunch:
New York-based Trunk Tools, which provides automation tools to organize unstructured construction documentation, raised a $20M Series A led by Redpoint
Tom Warren / The Verge:
Microsoft launches a single unified Teams app that allows switching between work, personal, and education accounts on Windows and Mac
Blake Brittain / Reuters:
Writers and journalists Andrea Bartz, Charles Graeber, and Kirk Johnson sue Anthropic for misusing “hundreds of thousands of copyrighted books” to train Claude
Tom Warren / The Verge:
Nvidia plans to let users link an Xbox account to its GeForce Now streaming service to enable automatic sign-in for supported games, starting on August 22

Earlier Picks

Ryan Smith / AnandTech:
Qualcomm details its mid-range Snapdragon 7s Gen 3 SoC, based on TSMC's N4P, promising 40% better GPU performance than its 7s Gen 2, shipping via Xiaomi first
Daniel Tencer / Music Business Worldwide:
The AGs of 10 states join the US DOJ's antitrust lawsuit seeking to break up Live Nation and Ticketmaster; 39 states, plus DC, are now part of the lawsuit
Bloomberg:
Chinese-made, Tencent-backed game Black Myth: Wukong became Steam's second most popular title ever within hours of its launch, gaining 2.1M+ concurrent players
Kamil Kowalcze / Bloomberg:
TSMC breaks ground on its €10B chip fab in Dresden, Germany, its first European plant and set to create 11K European jobs; the EU approves Germany's €5B subsidy
Connor Jones / The Register:
Cisco Talos says eight vulnerabilities in Microsoft's macOS apps could be abused by attackers to record video and sound from a device, log user input, and more
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