When Hindenburg Research posts a blog on its website, it often means that a company’s final days are near. Today, that company is Hindenburg Research. Nate Anderson announced Wednesday that he has shut down short-selling firm Hindenburg Research, after seven years of issuing damning reports on high-profile companies, including many of the world’s tech giants […]
SpaceX is significantly upping the ante on its Starship test flight program, with the upcoming rocket launch expected to demonstrate payload deployment for the first time. The payload in question will be 10 Starlink “simulators” that will be similar in size and weight to the next-generation satellites that SpaceX plans to use Starship to deploy
OpenAI CEO Sam Altman will appear before Congress in 2023 to testify about the dangers of AI. He told US lawmakers at the time that does not own shares in OpenAIsomething he has said many times, stating that he simply runs the company because he loves it. However, Altman recently said that he at one
Sam Altman once owned shares in OpenAI through Sequoia– BC Read More »
Some venture capitalists are viewing the Trump administration’s massive proposed tax increase on university endowments with alarm, warns Ann Miura-Ko, co-founder of Floodgate Partners. “Right now there’s a proposal to take the endowment tax from 1.4 percent to 35 percent and most people would say, well, endowments are super rich, why do we care? Well,
Trump’s proposed university endowment tax could hurt funding, VC warns– BC Read More »
“I’m trying to find Christmas gifts for my sisters. I open a lot of tabs, I want my wife’s advice.” That’s what Browser Company CEO Josh Miller says in his company’s latest announcement for its new AI-enabled browser, Dia. Consulting your spouse to find gifts for your siblings is a pure option (and I dare
Businessman Marc Lore has already sold two companies for billions of dollars together. Now he plans to run his food delivery and takeaway business. Wonder public in a couple of years with an ambitious valuation of $40 billion. We recently spoke with Lore in person in New York about Wonder and its ultimate goal of
Entrepreneur Marc Lore on ‘founder mode’, bad hires and why risk avoidance is deadly– BC Read More »
The popularity of an Instagram video can affect the actual quality of the video: according to Adam Mosseri (the Meta executive who runs Instagram and Threads), more popular videos are displayed at higher quality, while less popular videos are displayed at lower quality. quality. In a video (via The Edge), Mosseri said Instagram tries to
Instagram reduces the quality of unpopular videos– BC Read More »
Software engineers, developers and academic researchers have serious concerns about OpenAI’s Whisper transcripts, according to a report in the Associated Press. While there has been no shortage of discussion about generative AI’s tendency to hallucinate (basically, make things up), it is a bit surprising that this is an issue in transcription, where the transcription would
OpenAI’s Whisper transcription tool has hallucination problems, researchers say– BC Read More »
OpenAI reportedly plans to launch its next frontier AI model, codenamed Orion within the company, by December this year. The edge reported on Thursday. Unlike previous releases, the company plans to roll out the model gradually to trusted partners before a broader rollout through ChatGPT. An OpenAI spokesperson tells britcommerce that the report is not
OpenAI reportedly plans to launch its Orion AI model in December– BC Read More »
Do current AI models really remember, think, plan and reason, just like a human brain would? Some AI labs would have you believe yes, but according to Meta’s chief AI scientist, Yann LeCun, the answer is no. However, he believes we could get there in about a decade, applying a new method called the “world
