Tech Meme

NewsGuard: Analysis: in May and June 2023, 141 major brands ran programmatic Google ads on 55 low-quality sites, each producing 1,200+ AI-generated articles/day on average  —  NewsGuard identified 141 brands that are feeding programmatic ad dollars to low-quality AI-generated news and information sites operating with little to no human oversight Lees verder op Tech Meme

David Meyer / Fortune: A last-minute amendment to an Irish bill would allow the Data Protection Commission to declare some info in privacy complaints confidential, causing an uproar  —  European privacy advocates are hopping mad at what they see as an attempt by the Irish government to draw a veil over the activities … Lees verder op Tech Meme

Alison Sider / Wall Street Journal: Pete Buttigieg warns of possible air travel disruption as airlines face landing restrictions if they don’t retrofit equipment to avoid 5G interference by July 1  —  Airlines have until July 1 to update equipment or face restrictions on landing in poor visibility conditions Lees verder op Tech Meme

Wall Street Journal: Databricks plans to acquire generative AI startup MosaicML in a ~$1.3B deal set to close by July 31; MosaicML debuted in 2021, raised $64M, and has 62 employees  —  The deal aims at connecting businesses’ data with services to help them build their own, cheaper language models, Databricks CEO says Lees verder op Tech Meme

James Vincent / The Verge: AI is killing the web with spam sites, article-churning “AI editors”, “AI-generated junk” in places like Etsy and Reddit, exhausting forum moderators, and more  —  In recent months, the signs and portents have been accumulating with increasing speed.  Google is trying to kill the 10 blue links. Lees verder op Tech Meme

Will Knight / Wired: DeepMind co-founder and CEO Demis Hassabis details Gemini, an upcoming ChatGPT rival meant to combine the strengths of AlphaGo-type systems and those of LLMs  —  Demis Hassabis says the company is working on a system called Gemini that will tap techniques that helped AlphaGo defeat a Go champion in 2016. Lees verder op Tech Meme

Jaspreet Singh / Reuters: US-based chipmaker Wolfspeed says that an Apollo-led group plans to make a $1.25B debt investment, with room for an additional $750M, to support a US expansion  —  Wolfspeed (WOLF.N) said on Monday that a group led by Apollo Global Management (APO.N) would make a debt investment of $1.25 billion … Lees verder op Tech Meme

Ingrid Lunden / TechCrunch: IBM plans to acquire Apptio for $4.6B in cash from Vista Equity Partners, which paid $1.94B to take the cloud IT management startup private in November 2018  —  As cloud architecture continues to more ubiquitous among organizations, increasingly what is more apparent is that many organizations … Lees verder op Tech Meme

Jesse Hamilton / CoinDesk: FTX bankruptcy team says the exchange owed customers ~$8.7B after commingling and misusing their deposits, and ~$7B in liquid assets have been recovered so far  —  Commingling and misuse of customer and corporate funds occurred from the inception of FTX, says current CEO John J. Ray III. Lees verder op Tech Meme

Kyle Wiggers / TechCrunch: AI-powered analytics startup ThoughtSpot plans to acquire business intelligence startup Mode Analytics for $200M in cash and stock; Mode had raised $81M to date  —  ThoughtSpot, an AI-powered analytics startup, today announced that it’s entered into a definitive agreement to acquire Mode Analytics … Lees verder op Tech Meme