Techmeme
May 4, 2023, 1:00 PM

Top News

David McCabe / New York Times:
The White House announces plans to combat AI's risks, including $140M for new research and draft guidelines for agencies to ensure the safe use of AI  —  Vice President Kamala Harris also plans to meet with the chief executives of tech companies that are developing A.I. later on Thursday.
Financial Times:
The UK CMA launches a “fact-finding” review of the AI market, including LLMs, to assess opportunities, guardrails, and principles to protect competition  —  CMA chief Sarah Cardell says the regulator will examine technology behind software such as ChatGPT
Lina M. Khan / New York Times:
Ilya Banares / Bloomberg:
Shopify reports Q1 revenue up 25% YoY to $1.5B, above $1.43B analyst estimates, GMV up 15% to $49.6B, and plans to cut 20% of its staff; SHOP jumps 20%+  —  Shopify Inc. cut jobs for the second time in less than a year and agreed to sell the majority of its logistics business to Flexport Inc …
Annie Palmer / CNBC:
Shopify offloads its logistics unit to supply chain tech company Flexport, a reversal after years of building the operation and acquiring Deliverr for $2.1B  —  - Shopify is selling its logistics unit to supply chain technology company Flexport.  — The Canadian e-commerce company …
Tom Warren / The Verge:
Microsoft opens its Bing chatbot to all, removing the waitlist, and announces new features, including image and video results, chat history, and plug-in support  —  Microsoft is making its Bing GPT-4 chatbot available to everyone today, no more waitlist necessary.
Emma Roth / The Verge:
Discord plans to remove the four-digit tag after its usernames to make it “easier to connect” with others, forcing users to pick a username with the @ symbol  —  Discord is taking away the four-digit tag that it puts after its usernames as it looks to make it “easier to connect” with other users.
Alf Wilkinson / Financial Times:
A Finder.com experiment using ChatGPT to pick 38 stocks finds the portfolio rose 4.9% compared to an average 0.8% loss for 10 popular funds over eight weeks  —  Theoretical fund of 38 stocks do better than 10 most popular funds on Interactive Investor, finds finder.com  —  Latest news on ETFs
CoinDesk:
Coinbase plans to stop issuing new loans in the US via its Borrow program on May 10 due to low demand; a source says the move is unrelated to US SEC troubles  —  May 10 is the final day customers will be allowed to take out new loans through Coinbase Borrow.  —  Coinbase Borrow's days are numbered.
Jemima Kelly / Financial Times:
Twitter's Community Notes is changing fact-checking by avoiding the term and using a crowdsourced consensus, a model for a fairer and more transparent approach  —  The strength of the platform's Community Notes feature is that it works through consensus  —  I think I might have let out an audible groan …
Meir Orbach / CTech:
Israel-based Novidea, which sells software for every aspect of insurance, raised a $50M Series C led by Battery Ventures, bringing its total funding to $90M  —  Using an open API architecture, Novidea's software platform enables brokers, agents, and MGAs to modernize and manage the customer insurance journey
More: Novidea and FinSMEs
Steven Melendez / Fast Company:
Khan Academy pilots Khanmigo, a chatbot based on GPT-4 to help students with math problems, debugging code, debating, and other topics without enabling cheating  —  Sal Khan, founder and CEO of online learning nonprofit Khan Academy, wants to turn GPT into a tutor.

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:
The crossroads of AI and SaaS  —  Enabling businesses of all sizes to build products in-house and disqualifying SaaS tools that are not AI-powered.  In a span of just two years, AI has made a name for itself as the key driver for innovation.
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. 12/20 - Gemini Flash Thinking
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 1:00 PM ET, May 4, 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

Benj Edwards / Ars Technica:
Luc Cohen / Reuters:
Diana Li / Bloomberg:

Earlier Picks

Kyle Wiggers / TechCrunch:
Abner Li / 9to5Google:
Lauren Feiner / CNBC:
Sergiu Gatlan / BleepingComputer:
Jess Weatherbed / The Verge:
Lily Hay Newman / Wired:
Sarah Jeong / The Verge: