Chun Han Wong / Wall Street Journal:
A profile of Chen Yixin, a Xi Jinping protégé who heads the Chinese intelligence agency accused of likely steering the Salt Typhoon cyberattacks on the US — Agency accused of vast cyberattacks on U.S. has grown more powerful with trusted protégé of Chinese leader at the helm
Sources: the jump in quality from GPT-4 to Orion is far smaller than the jump from GPT-3 to GPT-4; Orion may not outperform predecessors in tasks like coding (The Information)
The Information:
Sources: the jump in quality from GPT-4 to Orion is far smaller than the jump from GPT-3 to GPT-4; Orion may not outperform predecessors in tasks like coding — The number of people using ChatGPT and other artificial intelligence products is soaring. The rate of improvement …
Chegg lost 500K+ subscribers since ChatGPT’s launch, and its stock is down 99% from early 2021, as students looking for homework help turn to free AI tools (Miles Kruppa/Wall Street Journal)
Miles Kruppa / Wall Street Journal:
Chegg lost 500K+ subscribers since ChatGPT’s launch, and its stock is down 99% from early 2021, as students looking for homework help turn to free AI tools — Chegg’s stock is down 99%, and students looking for homework help are defecting to ChatGPT — Most companies are starting to figure …
FTX sues Anthony Scaramucci, Crypto.com, Zuckerberg’s FWD.US, and others to recoup SBF’s “investments” as part of his “campaign of influence-buying” in 2022 (Bloomberg)
Bloomberg:
FTX sues Anthony Scaramucci, Crypto.com, Zuckerberg’s FWD.US, and others to recoup SBF’s “investments” as part of his “campaign of influence-buying” in 2022 — – Lawsuit says $67 million was invested into Skybridge endeavors — FTX Says investments conveyed ‘little to no benefit’
The Taiwan Semiconductor Industry Association says Taiwan’s semiconductor production is on track to increase 22% YoY to a record $165B in 2024 on AI demand (Nikkei Asia)
Nikkei Asia:
The Taiwan Semiconductor Industry Association says Taiwan’s semiconductor production is on track to increase 22% YoY to a record $165B in 2024 on AI demand — HSINCHU, Taiwan — Taiwan’s semiconductor production is on track for a 22% increase this year to a record 5.3 trillion New Taiwan dollars …
Analysis: US private construction spending on data centers grew to ~$30B/year, over 2x the amount in late 2022; global spending is on track to reach $250B/year (Ben Holland/Bloomberg)
Ben Holland / Bloomberg:
Analysis: US private construction spending on data centers grew to ~$30B/year, over 2x the amount in late 2022; global spending is on track to reach $250B/year — US companies are plowing money into building data centers as they race to get ahead in artificial intelligence.
Data shows open interest on Polymarket fell 64% from $510.95M on November 5 to $184.16M by November 8, highlighting the platform’s reliance on political betting (MK Manoylov/The Block)
MK Manoylov / The Block:
Data shows open interest on Polymarket fell 64% from $510.95M on November 5 to $184.16M by November 8, highlighting the platform’s reliance on political betting — – Open interest on Polymarket soared to $510.95 million by Nov. 5 and subsequently fell to $184.16 million by Nov. 8, The Block’s data shows.
Ethereum Foundation financial report: $970.2M in treasury as of Oct. 31, down from $1.6B in March 2022; ~80% of holdings in ETH, which declined 20%+ since 2022 (Margaux Nijkerk/CoinDesk)
Margaux Nijkerk / CoinDesk:
Ethereum Foundation financial report: $970.2M in treasury as of Oct. 31, down from $1.6B in March 2022; ~80% of holdings in ETH, which declined 20%+ since 2022 — The foundation has spent roughly $240 million since March 2022, and holds most of its treasury in ether, which has slid roughly 22% since the last financial report.
The 2024 US election cycle showed how crypto has turned out to be a practically perfect special interest group for an era of unlimited corporate spending (Zeke Faux/Bloomberg)
Zeke Faux / Bloomberg:
The 2024 US election cycle showed how crypto has turned out to be a practically perfect special interest group for an era of unlimited corporate spending — The industry made a $135 million bet on the election. It paid off spectacularly. — On Nov. 5, a few dozen Bitcoiners …
Source: AI coding assistant startup Anysphere has received unsolicited offers valuing the company at as much as $2.5B from Benchmark, Index, a16z, and others (Marina Temkin/TechCrunch)
Marina Temkin / TechCrunch:
Source: AI coding assistant startup Anysphere has received unsolicited offers valuing the company at as much as $2.5B from Benchmark, Index, a16z, and others — There isn’t a shortage of AI-powered coding assistance startups. They include Augment, Codeium, Magic, and Poolside.
