Tag: citing
Daily Crunch: Citing slow growth and desire to be ‘at the forefront of the AI era,’ Dropbox CEO lays off 500
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Daily Crunch: Citing slow growth and desire to be ‘at the forefront of the AI era,’ Dropbox CEO lays off 500 by Christine Hall originally published on TechCrunch
Reddit will charge companies for API access, citing AI training concerns
Reddit has collected a treasure trove of human interactions and conversations throughout the past 18 years and this rich data pool has been the perfect spot for companies to train large language models, otherwise known as AI chatbots. Now, Reddit wants a piece of the AI pie and will begin charging companies for API access, which is necessary to train LLMs.
After all, these are not mom-and-pop companies using the API to train AI chatbots. Bigwigs like Google and OpenAI use Reddit to help provide initial guidance to burgeoning artificial intelligence services. To that end, Reddit is introducing a “new premium access point for third parties,” the company said in an official announcement.
The pricing is still up in the air, though Reddit has confirmed it’ll be split into tiers of some kind, likely to support companies of different sizes. The social media platform mentions various usage limits and broader usage rights as points of distinction between tiers.
“The Reddit corpus of data is really valuable,” Steve Huffman, founder and chief executive of Reddit, told The New York Times. “But we don’t need to give all of that value to some of the largest companies in the world for free.”
Reddit is far from the only online depository of information used to train large language models, as data scrapers like Common Crawl are also frequent chatbot tutors. However, Common Crawl and related services trade in raw data, as in large pools of information sitting online, whereas Reddit consists of conversations between humans. A well-rounded AI requires access to both types of data to increase factual accuracy and person-like behavior.
Reddit’s application program interface (API) is also regularly used to create and maintain content moderation tools. Instead of charging content moderators to access the API, the company is creating dedicated moderation tools in the form of iOS and Android apps. The apps will feature a mod log, rules management tools, mod queue information and more.
Why make this change now? AI has gone from niche to big business seemingly overnight and rumors swirl that Reddit is looking to go public later this year. Setting up a new revenue stream is never a bad idea when introducing an IPO.
This article originally appeared on Engadget at https://www.engadget.com/reddit-will-charge-companies-for-api-access-citing-ai-training-concerns-184935783.html?src=rss
Daily Crunch: Citing data privacy concerns, Italy temporarily bans ChatGPT
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Daily Crunch: Citing data privacy concerns, Italy temporarily bans ChatGPT by Christine Hall originally published on TechCrunch
Italy blocks ChatGPT, citing data privacy concerns, as calls for AI regulation grow
Stanford pulls Alpaca chatbot citing “hallucinations,” costs, and safety concerns
Last week, Stanford University researchers released their version of a chatbot based on Meta’s LLaMa AI called “Alpaca” but quickly took it offline after it started having “hallucinations.” Some in the large language model (LLM) industry have decided that hallucination is a good euphemism for when an AI spouts false…
US Regulators Rejected Neuralink’s Bid To Test Brain Chips In Humans, Citing Safety Risks
Neuralink has not disclosed details of its trial application, the FDA’s rejection or the extent of the agency’s concerns. As a private company, it is not required to disclose such regulatory interactions to investors. During the hours-long November presentation, Musk said the company had submitted “most of our paperwork” to the agency, without specifying any formal application, and Neuralink officials acknowledged the FDA had asked safety questions in what they characterized as an ongoing conversation. Such FDA rejections do not mean a company will ultimately fail to gain the agency’s human-testing approval. But the agency’s pushback signals substantial concerns, according to more than a dozen experts in FDA device-approval processes.
The rejection also raises the stakes and the difficulty of the company’s subsequent requests for trial approval, the experts said. The FDA says it has approved about two-thirds of all human-trial applications for devices on the first attempt over the past three years. That total rose to 85% of all requests after a second review. But firms often give up after three attempts to resolve FDA concerns rather than invest more time and money in expensive research, several of the experts said. Companies that do secure human-testing approval typically conduct at least two rounds of trials before applying for FDA approval to commercially market a device.
Read more of this story at Slashdot.
Parkland nixes planned renewable diesel project, citing U.S. law
Earnings Results: Lattice Semiconductor beats estimates, citing growth in auto, industrial and more
Daily Crunch: Citing ‘unscrupulous actors’ and market trends, Coinbase CEO lays off 950 workers
Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
Daily Crunch: Citing ‘unscrupulous actors’ and market trends, Coinbase CEO lays off 950 workers by Christine Hall originally published on TechCrunch