Day: July 18, 2023

Day: July 18, 2023

Thousands of authors sign letter urging AI makers to stop stealing books

If you ask GPT-4 to do a passage in the style of Carmen Machado or Margaret Atwood or Alexander Chee, it will do a fair job at it, and for good reason: it likely ingested all their works in the training process, and now uses their ingenuity for its own. But these authors, and thousands more, are not happy with this fact. In an open letter signed by more more than 8,500 authors of fiction, non-fiction, and poetry, the tech companies behind large language models like ChatGPT, Bard, LLaMa and more are taken to task for using their writing without

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Twitter to support long-form articles with mixed media, Elon Musk confirms

Twitter Notes, the feature that would allow Twitter users to publish long-form content on the platform, appears to be back on track, according to a post from Twitter owner Elon Musk on Tuesday. The Twitter owner confirmed the company’s plans in response to a user’s tweet which claimed the Twitter Notes project had recently been rebranded as “Articles.” The company first launched Twitter Notes in June 2022, ahead of Musk’s Twitter acquisition, as an experiment with a small group of writers in the United States, Canada, Ghana, and the United Kingdom. The writers gained access to a new “Write” tab

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What to do when customers say yes but VCs say no with Catherine Tabor from Sparkly

Welcome back to Found, where we get the stories behind the startups. This week Becca and Dom are joined by Catherine Tabor, the founder and CEO of Sparkfly, a company that helps brands with marketing and customer engagement. Tabor talked about building a company fluid enough to adapt to changing technology trends over the last decade and how she was dismissed by venture capitalists despite landing notable customers. Plus, she talked about her leadership style and why she has a 1:1 meeting with every employee once a quarter. Subscribe to Found to hear more stories from founders each week. Connect

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What’s going on with Greenwood and The Gathering Spot?

When Greenwood, a neobank that courts Black and Latino customers, acquired The Gathering Spot last year — a networking and coworking club that targets similar demographics — the fintech’s co-founder Paul Judge described the merger as a “Black on Black” deal, saying it was “two companies that are Black-owned, strengthening each other.” A little over a year later, however, all that hope and goodwill has vanished. Ryan Wilson, the CEO and co-founder of The Gathering Spot (TGS), has sued Judge, Greenwood co-founder Ryan Glover and the fintech itself, alleging Greenwood and its founders did not pay Wilson and former TGS

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Framework Laptop 16 now available for pre-order, starting at $1,399

Framework announced today that pre-orders for the Framework Laptop 16 are now open for customers in the US, Canada, Germany, France, UK, Netherlands, Austria, Ireland and Australia. The Laptop 16 is powered by the latest-generation AMD Ryzen and Radeon GPUs. Prices start at $1,399 for the DIY Edition and $1,699 for pre-built systems with Ryzen 7 7840HS. Adding an AMD Radeon RX 7700S Graphics Module brings starting prices to $1,799 and $2,099, respectively. Pre-orders that include a Graphics Module with an eligible AMD Radeon GPU will receive a free download code for Starfield Premium Edition. Framework will send out the

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Plex’s Winamp-inspired music player Plexamp is now free

Plexamp, the music player originally incubated by the Labs division of media company Plex, is now free, the company announced today. The project was first launched in 2017 as Plex’s own spin on the classic Winamp media player app, offering visualizations to accompany your tunes, tools for programming mixes, and more recently, a ChatGPT-powered “Sonic Sage” feature that builds unique playlists from users’ music libraries. However, after its expansion from desktop to mobile, Plexamp was only available to subscribers. Now, Plex says the Plexamp app will become free, allowing users to play tracks from their own library or the TIDAL music

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Cognaize raises $18M to build a better LLM for the finance sector, one that keeps humans in the loop

Artificial intelligence has had a major impact over the years in the finance sector, helping neobanks personalize services for customers, lenders evaluate loan applications, digital providers detect fraud and security issues, analysts run predictive modelling for investments and more. Yet much of the work done today is in the area of structured data. With a wave of unstructured data waiting to be tapped and used in the process, a New York startup called Cognaize is taking a hybrid approach. It’s built a platform for the processing of unstructured data for financial AI applications, and it complements that with “humans in

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Telegram raises $210 million through bond sales

Telegram has raised $210 million through bond sales this week from a number of investors, including its founder and chief executive Pavel Durov, as it navigates the slowing economy that has evaporated public markets’ appetite for listings. The messaging app, used by over 800 million users each month, raised the capital by issuing bonds worth $270 million. “Because interest rates have gone up significantly since 2021, the bonds have a different issue price,” John Hyman, Telegram Chief Investment Adviser, told TechCrunch. Telegram is still not profitable and the new financing is aimed at taking it closer to the “break-even” point,

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Tesla Q2 2023 earnings expectations: Cybertruck news and price cut effects

Tesla will announce its second-quarter earnings Wednesday after the bell. Investors will be listening out for more details on the much-delayed Cybertruck, as well as how Tesla’s many price cuts have affected automotive gross margins.  Wall Street estimates predict Tesla will bring in around $24.9 billion in revenue for the quarter, which is nearly 50% higher than year-ago sales of $16.9 billion.  Tesla’s stock has shot up 168.62% since the start of the year. It closed at $290.38 Monday afternoon, riding the high of the news that the first Cybertruck was finally built over the weekend.  There’s much we still

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