Kevin Roose / New York Times: How the Shoggoth, a character from a 1936 H.P. Lovecraft novella, became a meme among AI workers as a metaphor for not fully understanding LLMs’ inner workings  —  The Shoggoth, a character from a science fiction story, captures the essential weirdness of the A.I. moment. Lees verder op Tech Meme

Iain Withers / Reuters: Monzo reports £356M in FY2023 revenue, up from £154M in FY2022, and a £116M net loss, down from £119M YoY; CEO TS Anil says an IPO is “some ways down the road”  —  British digital bank Monzo marginally narrowed its annual loss in the year to February 2023 … Lees verder op Tech Meme

Bloomberg: A profile of Plaid, valued at $13.4B, and founder Zach Perret, after a $58M data scraping settlement in 2022, as the company expands and fights a lawsuit by PNC  —  Over the past decade, Plaid’s digital pipes have enabled 1 in every 3 people with a US bank account to connect it to the app or service of their choosing. Lees verder op Tech Meme