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Open source companies that go proprietary: A timeline
Open source might be the building blocks of the modern software stack, but companies building businesses off the back of open source software face a perennial struggle between keeping their community happy and ensuring that third parties don’t abuse the permissions afforded by the license. Many companies have launched with lofty open source ambitions, only…
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Trump’s Silicon Valley advisers have AI ‘censorship’ in their crosshairs
President-elect Donald Trump has surrounded himself with Silicon Valley entrepreneurs — including Elon Musk, Marc Andreessen, and David Sacks — who are now advising him on technology and other issues. When it comes to AI, this crew of technologists is fairly aligned on the need for rapid development and adoption of AI throughout the U.S.…
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Rhode Island says personal data likely breached in social services cyberattack
State officials said hundreds of thousands of Rhode Island residents could be affected by a cyberattack on the state’s online portal for social services, with a “high probability” that personally identifiable information was breached. According to an update from Governor Dan McKee’s office, the attack targeted RIBridges, which Rhode Island residents use to apply for…
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GM ‘blindsides’ Cruise by giving up on robotaxis
Welcome back to Week in Review. This week, we’re looking at GM’s decision to pull out of the robotaxi business, Google alluding to the existence of multiple universes, and how you can make some serious cash by getting an AI bot to fall in love with you. Let’s get into it. General Motors will no…
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Meta asks California AG to block OpenAI’s conversion to for-profit
Facebook’s parent company Meta is supporting Elon Musk’s effort to block OpenAI’s conversion from a non-profit company into a for-profit one. As reported by The Wall Street Journal, Meta sent a letter to California Attorney General Rob Bonta arguing that allowing the shift would have “seismic implications for Silicon Valley.” And while the company asked…
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What are AI ‘world models,’ and why do they matter?
World models, also known as world simulators, are being touted by some as the next big thing in AI. AI pioneer Fei-Fei Li’s World Labs has raised $230 million to build “large world models,” and DeepMind hired one of the creators of OpenAI’s video generator, Sora, to work on “world simulators.” (Sora was released on…
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Arlan Hamilton announces changes at Backstage Capital, will step into advisory role
Arlan Hamilton, founder of Backstage Capital, announced Friday that her role at the firm she started in 2015 will evolve. “After 12 years of being deeply involved in the day-to-day operations, I’ve decided to transition into a chairperson and advisory position,” she wrote in a statement released online. She was previously a managing partner at…
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Why Marc Andreessen was ‘very scared’ after meeting with the Biden administration about AI
What scared him most was what some said about the government’s role in AI, and what he described as a young staff who were “out for blood. ” © 2024 TechCrunch. All rights reserved. For personal use only.
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Klarna’s CEO says it stopped hiring thanks to AI but still advertises many open positions
Klarna CEO Sebastian Siemiatkowski recently told Bloomberg TV that his company essentially stopped hiring a year ago and credited generative AI for enabling this massive workforce reduction. However, despite Siemiatkowski’s bullishness on AI, the company is not relying entirely on AI to replace human workers who leave, as open job listings — for more humans…
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‘Reasoning’ AI models have become a trend, for better or worse
Call it a reasoning renaissance. In the wake of the release of OpenAI’s o1, a so-called reasoning model, there’s been an explosion of reasoning models from rival AI labs. In early November, DeepSeek, an AI research company funded by quantitative traders, launched a preview of its first reasoning algorithm, DeepSeek-R1. That same month, Alibaba’s Qwen…