Reddit API changes cause r/TranscribersOfReddit to shut down
A group of Reddit volunteers, r/TranscribersOfReddit, responsible for transcribing material from other subreddits, is ceasing operations on June 30th, owing to changes to the company’s API. According to Rebekah Ginsburg, a Transcribers Of Reddit moderator, the goal was to give some interim fixes for missing accessibility elements on Reddit, such as alt text, while pleading […]
Meta to block news on Facebook, Instagram in Canada over new law
Meta Platforms plans to cut off access to news on Facebook and Instagram for all users in Canada once a new law requiring internet giants to pay news publishers takes effect. The Canadian parliament passed “Bill C-18” into law, requiring internet giants to pay news publishers. The Online News Act forces platforms like Facebook and […]
Amazon to invest $7.8 Billion in Ohio
Amazon Web Services (AWS) has unveiled its plan to inject $7.8 billion into Ohio by 2030, signaling a significant expansion of its data center operations and a boost to the local economy. Having already invested $6.3 billion in the state since 2015, Amazon is doubling down on its commitment to Ohio. This fresh investment will […]
Databricks acquires MosaicML for $1.3 billion
Databricks has announced that it will acquire MosaicML, a startup that created a platform for training large language models and deploying AI tools. The acquisition is valued at $1.3 billion and will be finalized in Q2 2023. Databricks says that the acquisition of MosaicML will help it to accelerate its growth in the generative AI […]
JP Morgan fined $4 million for deleting email records
JP Morgan has been fined $4 million by the SEC for deleting around 47 million emails from 2018 that were supposed to be kept according to the Securities Exchange Act of 1934. The erased emails contained critical business information, and their removal prevented JP Morgan from providing proof demanded by the SEC and other agencies. […]
OpenAI to launch AI model marketplace
OpenAI is planning to launch a marketplace for AI models. The marketplace, which is still in the early stages of development, would allow developers to sell their AI models to businesses and other users. OpenAI CEO Sam Altman has said that the marketplace could be “the next step in the Generative AI gold rush.” He […]
Open-source AI models gaining popularity
Open-source AI models, which allow anyone to view and manipulate the code, are growing in popularity. This is due to variables like cheaper costs for developing high-quality AI models, enhanced openness and auditability of open-source systems, and the potential for open-source models to encourage economic innovation. However, there are issues regarding open-source AI models’ security […]
