A four-week-old startup has raised $113 million to compete with OpenAI in building, training, and applying large language models and generative AI. Paris-based Mistral AI, co-founded by Google DeepMind and Meta alumni, will focus on open source solutions and enterprises to solve what CEO Arthur Mensch calls the biggest challenge …
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New York City has set a minimum wage for food delivery workers like Uber Eats, DoorDash, Grubhub, and Relay. It should be a historic win for gig workers, but delivery workers and companies are unhappy. Many workers, labor rights activists, and even the city comptroller say the minimum wage, just …
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OpenAI is improving its text-generating models and lowering prices as generative AI competition increases. Today, OpenAI released GPT-3.5-turbo and GPT-4, its latest text-generating AI with function calling. In a blog post, OpenAI explains that function calling lets developers describe programming functions to GPT-3.5-turbo and GPT-4 and have the models generate …
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YouTube is lowering YPP requirements for creators to access monetization tools. The company is opening its shopping affiliate program to U.S. YPP creators with over 20,000 subscribers. The Google-owned company announced new partner program requirements: 500 subs; 3 public uploads in 90 days; 3,000 watch hours in the past …
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Andreessen Horowitz, a $35 billion US VC firm, will open its first international office in London, led by general partner Sriram Krishnan. The office will promote crypto, blockchain, and web3 startups. a16z invested $7.6 billion in crypto startups worldwide. “London is a major financial hub, a major tech hub, and …
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Meta released an open-source AI-powered music generator to compete with Google. Meta’s MusicGen tool, a demo of which can be found here, can convert a text description (e.g., “An ’80s driving pop song with heavy drums and synth pads in the background”) into about 12 seconds of audio. MusicGen can …
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The most popular VTubers, online personalities who use motion-capture-powered manga- and anime-inspired avatars to interact with the world alongside games, over YouTube, and elsewhere, have hundreds of millions of hours of viewership per month, loyal fan bases, lucrative sponsorships, and demand for more. Big tech appears to be taking notice. …
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Hong Kong is regulating stablecoins while the West debates how to regulate them. According to local media, the Hong Kong Monetary Authority (HKMA) is seeking public feedback on stablecoins and plans to introduce a regulatory framework by 2024. After TerraUSD (UST) and FTX collapsed, the U.S. government toughened its stance …
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The website went down as thousands of Reddit communities protested the company’s controversial new policy that will kill third-party apps. Reddit told that a planned protest against its new policy caused the outage. Reddit.com started having issues at 10:25 AM EDT, according to users. Reddit’s Status page initially showed “all …
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Reddit’s controversial API pricing change that’s driving third-party apps out of business has taken a strange turn. In an AMA today, Reddit co-founder and CEO Steve Huffman, aka u/spez, doubled down on accusations against the developer of the popular third-party app Apollo, which the company had previously accused of operating …
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