Journals

Jonathan Stempel / Reuters: Authors Brian Keene, Abdi Nazemian, and Stewart O’Nan sue Nvidia over allegedly using their work to train NeMo, and say Nvidia “admitted” to using the books  —  Nvidia (NVDA.O), whose chips power artificial intelligence, has been… Read More »Authors Brian Keene, Abdi Nazemian, and Stewart O’Nan sue Nvidia over allegedly using their work to train NeMo, and say Nvidia “admitted” to using the books (Jonathan Stempel/Reuters)

Jonathan Vanian / CNBC: Filing: Reddit aims to raise up to $748M in its IPO, selling 22M shares at $31 to $34 each, for a ~$6.5B valuation; Reddit sets aside 1.76M shares for users  —  – Reddit aims to raise… Read More »Filing: Reddit aims to raise up to $748M in its IPO, selling 22M shares at $31 to $34 each, for a ~$6.5B valuation; Reddit sets aside 1.76M shares for users (Jonathan Vanian/CNBC)

Financial Times: Thomson Reuters CEO Steve Hasker says the group has $8B to spend on M&A and AI investments, to help transform its businesses of supplying professional data  —  Media and data group will develop its own technology and scoop… Read More »Thomson Reuters CEO Steve Hasker says the group has $8B to spend on M&A and AI investments, to help transform its businesses of supplying professional data (Financial Times)

Aisha S Gani / Bloomberg: UK savings platform Flagstone, which lets its 600K+ users split cash across providers, raised £108M from Arizona-based Estancia for a minority stake  —  Estancia Capital Partners LP is taking a minority stake in cash deposit… Read More »UK savings platform Flagstone, which lets its 600K+ users split cash across providers, raised £108M from Arizona-based Estancia for a minority stake (Aisha S Gani/Bloomberg)

Foo Yun Chee / Reuters: EU privacy watchdog EDPS says the EU Commission’s use of Microsoft’s software breached privacy rules and the EU failed to implement data transfer safeguards  —  The European Commission’s use of Microsoft (MSFT.O) software breached EU… Read More »EU privacy watchdog EDPS says the EU Commission’s use of Microsoft’s software breached privacy rules and the EU failed to implement data transfer safeguards (Foo Yun Chee/Reuters)

Manish Singh / TechCrunch: Elon Musk says xAI plans to open-source Grok this week; xAI released Grok in November 2023, offering access to “real-time” data via a $16/month X subscription  —  Elon Musk said Monday he will open-source Grok, X’s… Read More »Elon Musk says xAI plans to open-source Grok this week; xAI released Grok in November 2023, offering access to “real-time” data via a $16/month X subscription (Manish Singh/TechCrunch)

Kyle Wiggers / TechCrunch: Q&A with Claire Leibowicz, the head of the AI and media integrity program at the Partnership on AI, on male domination in the industry, responsible AI, and more  —  To give AI-focused women academics and others… Read More »Q&A with Claire Leibowicz, the head of the AI and media integrity program at the Partnership on AI, on male domination in the industry, responsible AI, and more (Kyle Wiggers/TechCrunch)

Mike Butcher / TechCrunch: London-based Griffin Bank, which offers an API-driven “banking as a service” platform, raised a $24M Series A extension, after a $13.5M Series A in June 2023  —  Founded by former Silicon Valley engineers, UK-based Griffin Bank,… Read More »London-based Griffin Bank, which offers an API-driven “banking as a service” platform, raised a $24M Series A extension, after a $13.5M Series A in June 2023 (Mike Butcher/TechCrunch)

Louise Matsakis / Wired: Influencers on Facebook, Instagram, TikTok, and other sites are promoting Chinese ecommerce sites like Pandabuy and DHGate that sell cheap counterfeit products  —  Influencers on TikTok and Reddit earn a cut of the counterfeit goods trade… Read More »Influencers on Facebook, Instagram, TikTok, and other sites are promoting Chinese ecommerce sites like Pandabuy and DHGate that sell cheap counterfeit products (Louise Matsakis/Wired)

Gary Marcus / Marcus on AI: Looking back at “Deep Learning is Hitting a Wall”, a 2022 article ridiculed by many, and how it still seems that a paradigm shift is needed to attain AGI  —  Report card on an… Read More »Looking back at “Deep Learning is Hitting a Wall”, a 2022 article ridiculed by many, and how it still seems that a paradigm shift is needed to attain AGI (Gary Marcus/Marcus on AI)