Lag0s

Week Summary

Technology

Earth has captured a temporary 'second moon,' a small asteroid named 2024 PT5, which will orbit until November 2024.

Research indicates that larger AI chatbots are increasingly prone to generating incorrect answers, raising concerns about their reliability.

Meta's Chief Technical Officer discussed advancements in AR and VR technologies, particularly focusing on the Orion AR glasses.

The author reflects on their experience with Rust, proposing several changes to improve the language's usability and safety features.

The Tor Project and Tails OS have merged to enhance their efforts in promoting online anonymity and privacy.

OpenAI is undergoing leadership changes, with key executives departing amid discussions about restructuring and the company's future direction.

The concept of critical mass explains how significant changes occur when a threshold of acceptance is reached, impacting technology and society.

WordPress.org has banned WP Engine from accessing its resources due to ongoing legal disputes, raising concerns about security for WP Engine customers.

PostgreSQL 17

Hotwire Native is a web-first framework that simplifies mobile app development, allowing developers to reuse HTML and CSS across platforms.

Radian Aerospace is progressing on a reusable space plane, completing ground tests and aiming for full-scale flights by 2028.

A groundbreaking diabetes treatment using reprogrammed stem cells has enabled a patient to produce insulin independently for over a year.

Apple is developing a new home accessory that combines features of the iPad, Apple TV, and HomePod, expected to launch in 2025.

SpaceX's Starlink service is set to surpass 4 million subscribers, reflecting rapid growth and significant revenue projections.

TinyJS is a lightweight JavaScript library that simplifies dynamic HTML element creation and DOM manipulation for developers.

Shutterstock earns $104 million from AI asset licensing, projects growth.
Shutterstock earned $104 million last year from licensing assets to AI developers. It has formed a new multi-year partnership with AI company Reka similar to its existing partnerships with tech giants like Meta and Alphabet. Shutterstock's extensive library of photos, videos, and audio assets makes it a valuable source of legally licensable content for AI training, positioning the company as a critical player in the generative AI industry. The company projects significant growth in this area, anticipating $138 million in revenue from AI licensing deals in 2024 and $250 million annually by 2027.
Hi Impact
Shutterstock
Shutterstock and Getty Images update AI generators with NVIDIA Edify.
The new AI tools from Shutterstock and Getty Images are powered by NVIDIA Edify. Shutterstock's "Generative 3D", which is in beta, enables rapid 3D asset creation from prompts. Getty's upgraded AI service offers faster, higher-quality image generation with advanced controls. These services aim to enhance creative processes and streamline design workflows, allowing artists to focus on creative tasks while improving prototyping and custom content creation for businesses.
Hi Impact
Shutterstock Generative 3D AI
Getty Images AI

Month Summary

Technology

OpenAI is considering a new subscription model for its upcoming AI product, Strawberry, while also restructuring for better financial backing.

Telegram founder

The startup landscape is shifting towards more tech-intensive ventures, with a focus on specialized research and higher capital requirements.

Boom Supersonic's XB-1 demonstrator aircraft successfully completed its second flight, testing new systems for future supersonic travel.

announced the uncrewed return of Boeing's Starliner, with future crewed missions planned for 2025.

OpenAI's SearchGPT aims to compete with Google Search by providing AI-driven information retrieval, though it currently faces accuracy issues.

Tesla is preparing to unveil its autonomous robotaxi technology at an event in Los Angeles, indicating ongoing challenges in achieving full autonomy.

The US Department of Justice is investigating Nvidia for potential antitrust violations related to its AI chip market dominance.

Apple plans to use OLED screens in all iPhone 16 models, moving away from Japanese suppliers and introducing new AI features.

Amazon S3 has introduced conditional writes to prevent overwriting existing objects, simplifying data updates for developers.

Chinese scientists have developed a hydrogel that shows promise in treating osteoarthritis by restoring cartilage lubrication.

Nvidia's CEO is working to position the Nvidia as a comprehensive provider for data center needs, amidst growing competition from AMD and Intel.

Nvidia Blackwell

Amazon is set to release a revamped Alexa voice assistant in October, powered by AI models from Anthropic's Claude, and will be offered as a paid subscription service.