Tech News - 2 Oct 2023

Cover Image for Tech News - 2 Oct 2023

Hey Legend,

Welcome to my tech news article series, where I will be sharing 10 tech-related news stories from every day.

I started this series because I believe that it's important to stay informed about the latest trends and developments in the tech world. Tech is constantly evolving, and it can be difficult to keep up with all the latest news.

That's where I come in. I'll do the hard work of finding and summarizing the most important tech news stories of the day, so you can stay informed without having to spend hours scouring the web.

So Let's get started.


News 1

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AI Startups Are Facing a Reckoning

A reckoning may be coming for once-hot artificial intelligence startups. Among the most vulnerable: are consumer apps (think Character.AI) and “thin wrapper” startups like CopyAI that merely provide a nice user interface on top of a third-party model from model developers like OpenAI.

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News 2

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Spotify spotted developing AI-generated playlists created with prompts

Following the successful launch of Spotify’s AI-powered DJ feature and, more recently, added support for AI-translated podcasts, Spotify now appears to be developing another means of using AI in its app: AI-powered playlists. References discovered in the app’s code indicate the company may be developing generative AI playlists users could create using prompts.

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News 3

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Humata AI summarizes and answers questions about your PDFs

Cyrus Khajvandi, a Stanford biology graduate and two-time entrepreneur, often found it challenging to stay on top of scientific research while managing his daily workload. Recognizing that he wasn’t the only one — and that AI technology was becoming more accessible — Khajvandi began developing an AI platform to summarize and answer.

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News 4

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OpenAI competitor Mistral brings open-source language models back to the forefront

Mistral is a new AI company co-founded by former Google and Meta alumni valued at $260 million. The startup's focus is providing language model solutions released through open-source licenses so that AI can become "useful" to anyone with no need to spend huge amounts of money or pay to access.

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News 5

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This generative AI model can be a big deal for the gaming industry

SyncDreamer, a new diffusion model, uses generative AI to create consistent multi-view images of an object, making it easy to create 3D objects.

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News 6

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Google Bard gets a memory to better remember what you like

Google's Bard chatbot is set to roll out a new feature called "memory," which allows it to store and adapt to important user information and personalize the conversational experience.

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News 7

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Generative AI Learning Startup Gizmo Raises $3.5M

Gizmo launched in 2021 and offers a web and mobile platform that employs generative AI to create quizzes and flashcards from a user’s class notes or other uploaded learning materials. Users can paste content directly into the system or ask the AI to find the relevant information in documents, presentations, and web pages.

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News 8

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Why GPUs are the New Kings of Cache. Explained.

In the space of four years, GPUs have gone from having a few megabytes of cache to over tenfold that figure. Why did this happen and what benefits has it brought us?

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News 9

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Silicon Valley Sees a New Kind of Mobile Device Powered by AI

A consensus seems to be emerging from several different corners of the tech world: More than 15 years after the introduction of the iPhone, ChatGPT and other generative AI services may soon form the foundation of a new kind of hardware device and an entirely different type of interaction between humans and computers.

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News 10

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A quant fund boss talked his mom into selling Nvidia at 60% of its current price. She won't let him forget it.

The head of a quant trading fund told his mom to sell her Nvidia shares when they were trading at just 60% of their current price – and hasn't heard the end of it since. Speaking to Bloomberg's "What Goes Up" podcast last week, Rayliant Global Advisors founder and CIO Jason Hsu admitted he'd talked his mother into offloading the stock at $250.

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That's all for today's tech news roundup. I hope you found this information helpful and informative. If you have any questions or feedback, please feel free to leave a comment below.