Tech Meme

Hayden Field / CNBC: Writer debuts Palmyra X 004, an enterprise LLM trained for just $700K by using synthetic data; a source says Writer is raising up to $200M at a $1.9B valuation  —  San Francisco-based AI startup Writer debuted a large artificial intelligence model on Wednesday to compete with enterprise offerings from OpenAI, Anthropic and others. Lees verder op Tech Meme

Anna Washenko / Engadget: Meta rolls out Meta AI in six more countries, plans to add 15 more countries over the coming weeks, and adds it to its Ray-Ban glasses in Australia and the UK  —  15 more countries will get access over the coming weeks.  —  Meta AI is beginning a big international rollout. Lees verder op Tech Meme

Jay Peters / The Verge: X updates its Creator Revenue Sharing program to pay creators based on engagement with their content from Premium users, not how many see ads in their replies  —  X is making a big change to how creators can earn money from the platform.  Since last year, X has shared ad revenue with creators based … Lees verder op Tech Meme

Mark Gurman / Bloomberg: Sources: Dan Riccio, Apple’s Vision Pro chief and former SVP of hardware engineering, is leaving in October; the Vision Pro team will now report to John Ternus  —  – Headset group will be overseen by hardware leader John Ternus  — The retiring executive had worked at Apple for over 26 years Lees verder op Tech Meme

Will Knight / Wired: Amazon announces AI Shopping Guides, which show AI-generated descriptions and recommendations for 100+ product types on its US mobile website and in its US app  —  Amazon feeds its large language models vast quantities of retail data.  It says its AI agents might someday be smart enough to buy you stuff without you even having to ask. Lees verder op Tech Meme

Cory Weinberg / The Information: Docs: OpenAI projections suggest it won’t turn a profit until 2029, when its revenue would hit $100B; losses could rise to $14B in 2026, ~3x the loss in 2024  —  OpenAI’s newest investors have signed up for a bumpy and expensive ride.  The company’s projections suggest it won’t turn a profit until 2029 … Lees verder op Tech Meme

CoinDesk: US prosecutors charge four purported crypto market makers, a handful of crypto projects, and over a dozen individuals with manipulating various crypto markets  —  Gotbit, CLS Global, MyTrade, and ZM Quant were secretly offering market manipulation services to projects that wanted … Lees verder op Tech Meme

Reuters: FTC: Marriott agrees to pay a $52M penalty to 49 states and DC to resolve data security allegations, and, in another settlement, agrees to a new infosec program  —  The U.S. Federal Trade Commission said on Wednesday it will require Marriott International and its subsidiary Starwood Hotels & Resorts Worldwide … Lees verder op Tech Meme

Will Knight / Wired: Amazon announces AI Shopping Guides, which show AI-generated descriptions and recommendations for over 100 product types on its US mobile website and app  —  Amazon feeds its large language models vast quantities of retail data.  It says its AI agents might someday be smart enough to buy you stuff without you even having to ask. Lees verder op Tech Meme

Kyle Wiggers / TechCrunch: Zoom plans to launch a feature in 2025 that allows users to create an AI-animated, photorealistic avatar from a video clip they record of themselves  —  Zoom wants to turn you into an AI-animated, photorealistic avatar — but not until sometime next year.  —  The upcoming feature … Lees verder op Tech Meme