The defense attempted to draw a distinction between the failure of Terraform’s crypto assets, whose risk profile it implied was well understood by investors, and the acts of fraud alleged by the SEC. “Failure doesn’t equal fraud,” David Patton, attorney to Kwon, reportedly told the courtroom in his opening statement. The defense also sought to…
“The physical world is where we have most of our problems, because it is so complex and fast moving that things are beyond our perception to fully understand,” says Brandon Barbello, a cofounder who is also Archetype’s COO. “We put sensors in all kinds of things to help us, but sensor data is too difficult…
For the past few months, Morten Blichfeldt Andersen has spent many hours scouring OpenAI’s GPT Store. Since it launched in January, the marketplace for bespoke bots has filled up with a deep bench of useful and sometimes quirky AI tools. Cartoon generators spin up New Yorker–style illustrations and vivid anime stills. Programming and writing assistants…
Nearly 300 current and former Apple employees have published an open letter alleging that several retail and corporate employees of the company have been disciplined or “wrongfully terminated” for expressing support for Palestinian people through pins, bracelets, or keffiyeh. The group, which calls itself Apples4Ceasefire, is planning a protest outside Apple’s retail store in Lincoln…
The days of buying ultracheap stuff on TikTok Shop may be winding down. Starting today, the fees TikTok charges sellers increase from 2 percent to 6 percent of the price of each order. They will creep up to 8 percent in July. The changes may mark a crucial moment for people who shop on TikTok…
The anti-smartphone movement is having a moment. On March 25, Florida governor Ron DeSantis signed a bill banning children under 14 from social media platforms. In February, the UK government backed tighter guidance to keep children from using their smartphones at school. In the past year, grassroots organizations like Smartphone Free Childhood have risen to…
The US government issued new rules Thursday requiring more caution and transparency from federal agencies using artificial intelligence, saying they are needed to protect the public as AI rapidly advances. But the new policy also has provisions to encourage AI innovation in government agencies when the technology can be used for public good. The US…
This past Monday, about a dozen engineers and executives at data science and AI company Databricks gathered in conference rooms connected via Zoom to learn if they had succeeded in building a top artificial intelligence language model. The team had spent months, and about $10 million, training DBRX, a large language model similar in design…
Last week, the Biden administration made it official: American cars are really going electric. The US Environmental Protection Agency finalized a rule, long in the works, that will require automakers selling in the United States to dramatically boost the number of battery-powered vehicles sold this decade, putting a serious dent in the country’s carbon emissions…
Another image on the site showed a group of young teens who appear to be in middle school: a boy taking a selfie in what appears to be a school gymnasium with two girls, who smile and pose for the picture. The boy’s features were obscured by a Snapchat lens that enlarged his eyes so…