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Tech Meme

The US military is running an eight-week exercise of five LLMs trained on classified info to test AI-enabled data for decision-making, sensors, and firepower (Katrina Manson/Bloomberg) 06-07-2023

Katrina Manson / Bloomberg: The US military is running an eight-week exercise of five LLMs trained on classified info to test AI-enabled data for decision-making, sensors, and firepower  —  Matthew Strohmeyer is sounding a little giddy.  The US Air Force colonel has been running data-based exercises inside the US Defense Department for years. Lees verder op Tech Meme

Nansen: NFT royalties hit a two-year low in June, with one week of payouts dropping to ~$3.8M from a ~$76M April 2022 peak, as royalty-optional platforms rise (Cam Thompson/CoinDesk) 06-07-2023

Cam Thompson / CoinDesk: Nansen: NFT royalties hit a two-year low in June, with one week of payouts dropping to ~$3.8M from a ~$76M April 2022 peak, as royalty-optional platforms rise  —  The rise of royalty-optional platforms like Blur and OpenSea have contributed to declining royalty payments for artists across the space. Lees verder op Tech Meme

Canada's government suspends its ads on Facebook and Instagram in response to Meta's move to drop news; Canada spent CA$11.4M on the platforms in FY 2021-22 (Randy Thanthong-Knight/Bloomberg) 06-07-2023

Randy Thanthong-Knight / Bloomberg: Canada’s government suspends its ads on Facebook and Instagram in response to Meta’s move to drop news; Canada spent CA$11.4M on the platforms in FY 2021-22  —  The Canadian government is suspending its advertisements on Facebook and Instagram in response to Meta Platforms Inc.’s plan … Lees verder op Tech Meme

NYC law on AI use in hiring goes into effect; the law requires software audits, disclosure of impact on a race or gender, and fines of up to $1.5K/violation/day (Lauren Weber/Wall Street Journal) 06-07-2023

Lauren Weber / Wall Street Journal: NYC law on AI use in hiring goes into effect; the law requires software audits, disclosure of impact on a race or gender, and fines of up to $1.5K/violation/day  —  A closely watched effort to root out potential bias in hiring and promotion software goes into effect Wednesday Lees verder op Tech Meme

PitchBook: global crypto startup funding was $2.34B across 382 deals in Q2 2023, down for the fifth straight quarter; valuations fell nearly 70% YoY in H1 2023 (Jacquelyn Melinek/TechCrunch) 06-07-2023

Jacquelyn Melinek / TechCrunch: PitchBook: global crypto startup funding was $2.34B across 382 deals in Q2 2023, down for the fifth straight quarter; valuations fell nearly 70% YoY in H1 2023  —  Q2 saw $2.34B in capital across 382 blockchain and crypto deals  —  Funding for crypto startups continues to grow scarcer. Lees verder op Tech Meme

A look at Dustin Moskovitz's Open Philanthropy, which has spent ~$500M on student scholarships and more at Stanford and other universities to fight rogue AI (Nitasha Tiku/Washington Post) 06-07-2023

Nitasha Tiku / Washington Post: A look at Dustin Moskovitz’s Open Philanthropy, which has spent ~$500M on student scholarships and more at Stanford and other universities to fight rogue AI  —  Paul Edwards, a Stanford University fellow who spent decades studying nuclear war and climate change, considers himself “an apocalypse guy.” Lees verder op Tech Meme

Mastodon CEO says the launch of Instagram's Threads, which intends to adopt ActivityPub, “is a clear victory for our cause, hopefully one of many to come” (Eugen Rochko/Mastodon Blog) 06-07-2023

Eugen Rochko / Mastodon Blog: Mastodon CEO says the launch of Instagram’s Threads, which intends to adopt ActivityPub, “is a clear victory for our cause, hopefully one of many to come”  —  Today, Meta is launching its new microblogging platform called Threads.  What is noteworthy about this launch … Lees verder op Tech Meme

Sources: CFTC investigators concluded that bankrupt crypto lender Celsius Network misled investors and that its former CEO Alex Mashinsky also broke US rules (Bloomberg) 06-07-2023

Bloomberg: Sources: CFTC investigators concluded that bankrupt crypto lender Celsius Network misled investors and that its former CEO Alex Mashinsky also broke US rules  —  Investigators at the Commodity Futures Trading Commission have concluded that bankrupt crypto lender Celsius Network … Lees verder op Tech Meme

Twitter subsidiary Twitter Payments secured its first US money transmitter licenses over the last week from Michigan, Missouri, and New Hampshire (Fortune) 06-07-2023

Fortune: Twitter subsidiary Twitter Payments secured its first US money transmitter licenses over the last week from Michigan, Missouri, and New Hampshire  —  Elon Musk, billionaire and owner of Twitter  —  Since Elon Musk took over Twitter in late October, the company has been quietly working … Lees verder op Tech Meme