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Former Treasury Secretary Larry Summers predicted Silicon Valley will see a “cleaning out” in the fintech sector as a result of regulatory attention flowing from the failure of Silicon Valley Bank. In an interview with The Information’s editor in chief Jessica Lessin, Summers also said that the banking crisis of the past 10 days triggered by SVB’s failure had increased the chances of a recession beginning this year to “north of 50%.”
Summers also said he found it a “bit surprising” that a “formula can’t be
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The Information
An East Bay apartment complex has been bought at a price that's well below its prior value. Read more ›
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A PG&E Corp. unit has bought a San Jose building in a move to bolster the utility's South Bay operations. Read more ›
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The token is down nearly 7% on the week with the altcoins falling harder. Bitcoin and ether are both ending the second quarter in the red, a back-to-back losing first half that runs against the usual pattern. Read more ›
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Началось всё примерно так. Я сидел над своим проектом: пока работал, общался по нему с нейросетками и параллельно искал в интернете разную информацию, которая могла бы пригодиться. И вот тогда у меня впервые начала закладываться мысль, что я хотел бы читать код быстрее. Что мне не нравится, сколько времени на это уходит.Позже эта мысль разгорелась сильнее — когда я взялся перечитывать собственный код двухмесячной давности. Я понимаю, что в нём... Read more ›
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I've seen lots of so-called "smart" bike locks over the years, but none so far could justify the added cost. A newcomer that got its start securing ATMs for banks is trying to change that. There's nothing wholly unique about the TMD Chain Lock, but the combination of materials, performance, and insurance-friendly ART-2 certification makes […] Read more ›
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Hawaii researchers are giving old fishing nets and recycled plastic a second life by mixing them into asphalt roads. Early tests found these roads didn't release more plastic particles than standard pavement, with tire wear overwhelming any plastic signal from the recycled material. If future studies confirm the roads are durable, the technology could help tackle both marine pollution and overflowing landfills. Read more ›
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Для России это означает очень простую вещь: угроза уже рядом. Зарубежная агентная система высокого уровня потенциально способна вывести из строя крупный банк, оператора связи, транспортный контур, промышленную систему, государственный реестр или цепочку поставок. Вопрос состоит не в том, появится ли такая возможность, а в том, насколько быстро она станет массовой и дешёвой.А что у нас? У нас оперштабы по ИИ и национальный приоритет внедрения ИИ к 2030г. Т.е. через 4... Read more ›
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Samsung has confirmed the Galaxy M47 5G will launch in India on June 29. The phone packs a 6.7-inch 120Hz AMOLED display, a Snapdragon chipset, a 6,000mAh battery with 45W charging, and a 50MP main camera with OIS. Samsung is promising six Android updates and six years of security patches, making software support one of its biggest highlights. Tecno unveiled the Camon Slim to join the Spark and Pova Slim... Read more ›
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После написания статьи про NormIs-1 я решил углубиться в тему оптимизации модели. Архитектура была неплохой и показала адекватные результаты на метриках интеллекта, но скорость сильно проседала. Проблема была в Depthwise Conv, а именно - множестве обращений к памяти. Между блоком внимания и FFN стоял небольшой блок сверток и тормозил все вычисления. Именно его я и решил ускорить. Делать целую языковую модель с полноценным вниманием возможности нет. Проблемы нестабильного обучения, взрывающийся... Read more ›
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IBM spent a decade "building, testing and improving" quantum computing, reports the Wall Street Journal. "This year, the company is laying the groundwork to turn that technology into a fully-fledged, scalable business from an expensive science project." IBM said last month it plans to form a new independent subsidiary called Anderon, a foundry to produce the silicon wafers needed to make quantum-computing processors. The venture is seeded by a $1... Read more ›
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Всех приветствую! Я неоднократно встречал разработчиков, которые говорили, что метапрограммирование — это моветон, а шаблоны только усложняют код. Я понимаю, откуда берётся такое мнение потому, что при неаккуратном использовании шаблоны действительно могут сделать код сложным и тяжёлым для чтения.Но, на мой взгляд, проблема не в самом инструменте, а в том, как именно его применяют.Шаблоны в C++ - это не только std::vector и универсальные функции. В серьёзном C++ они часто используются... Read more ›
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Battle over licensing of mobile connection protocols could shape global rates for other technologies Read more ›
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Surging appetite for advanced models is turning computing power into the tech industry’s scarcest commodity Read more ›
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Teens who use cannabis may face a substantially greater risk of developing serious mental health conditions, including psychotic and bipolar disorders, according to a study of more than 463,000 adolescents. Researchers found cannabis use often preceded these diagnoses by nearly two years, strengthening concerns about its long-term effects on developing brains. Read more ›
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В прошлой статье мы рассчитывали основные показатели электрических цепей, учитывая температурную зависимость сопротивления. В этой статье мы учтём зависимость теплоёмкости от температуры добавим охлаждение проводника из-за окружающей среды. Читать далее Read more ›
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The Zipper law is one that requires quite a bit of education and cooperation among drivers. Here's what it means and why it finds resistance. Read more ›
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Carl Jung wrote that loneliness does not come from having no people about you, but from being unable to communicate the things that seem important to you, or from holding views that others find inadmissible. It’s one of his most quoted lines, and most people stop at the first half, the not-being-understood part. The half ... Read more Read more ›
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Here are hints and the answers for the NYT Connections: Sports Edition puzzle for June 28, No. 643. Read more ›
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The Information
SpaceX’s strong first week of trading made one thing clear: Racing through its IPO at warp speed cost it nothing. The company went from initial confidential filing to listing in just 74 days, much faster than other tech IPOs in recent years, including those of CoreWeave, Figma and Airbnb, an analysis of securities filings shows. Initial public offering lawyers and consultants say the speed reflects a more hands-off approach adopted... Read more ›
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Morgan Stanley, one of the most active banks in financing data center developers, is now pitching some of those same clients on tapping a market better known for funding leveraged buyouts. It’s a sign that in the race to raise money for AI infrastructure, developers and their advisors are turning over every stone. Over the last few months, Morgan Stanley has suggested to clients that the next time they need... Read more ›
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If you’ve wanted to visit the South of France, this might be the week. The annual Cannes Lion ad festival, a time for ad folks from all quarters to gather, gets underway tomorrow. The impact of AI on advertising and media is sure to be front and center. OpenAI’s chief revenue officer, Denise Dresser, is scheduled to appear onstage twice, according to the official program, including on a panel with... Read more ›
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The initial public offering for Lime, an electric scooter and bike rental company that was once a stalwart of the late 2010s startup scene, is getting financial support from an old friend: Uber. The ride-hailing giant is expected to invest a “meaningful” amount in the deal and be named as an anchor investor on the cover of an updated IPO prospectus that Lime plans to file Monday, a person familiar... Read more ›
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John Jumper, the Google DeepMind Vice President who co-won the 2024 Nobel Prize in Chemistry, is leaving the company to join rival Anthropic, he said on X on Friday. Jumper’s move follows that of another high-profile Google researcher, Noam Shazeer, who earlier this week announced he had joined ... Read more ›
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Lime, the electric scooter and bike rental company, is set to receive financial backing from its long-time partner and investor, Uber. In an updated IPO prospectus filing expected Monday, Uber will be named as an anchor investor for the deal, The Information reported. Lime is targeting a $1.8 ... Read more ›
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Few companies have gone public with books as unusual as OpenAI’s. At first glance, the company portrayed by the AI startup’s financial statements, reviewed by The Information, resembles a lean, low-debt software business. Its balance sheet, as at March 31, had zero debt and less than $750 million of lease liabilities. Its cash-flow statement, moreover, showed OpenAI—one of the most hardware-centric tech businesses—spending just $46 million on capital expenditures in... Read more ›
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Some businesses that use Anthropic and OpenAI models to develop AI apps for coding, design, legal work and other white-collar tasks are getting worried that those two AI model suppliers might eat their lunch.Design app Figma seems attuned to that kind of threat, especially from Anthropic’s recently launched Claude Design app, as we reported. But Canva, a Figma rival privately valued at $42 billion, doesn’t feel the same way.“We see... Read more ›
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Meta Platforms is backing Indian fintech startup Cred with a $900 million investment and tapping its founder to lead WhatsApp. Bloomberg first reported the news, including that Cred’s founder and CEO Kunal Shah will take over running WhatsApp from Will Cathcart. According to the report, Meta’s ... Read more ›
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I’ve been visiting large AI data center projects in rural and industrial communities in the Midwest, Southeast and West, and I have found that two things can be true at the same time: AI data centers have drawbacks but are better for communities than their residents think, and those communities can win a lot more financial concessions and benefits from the tech firms than they realize.Some people are coming to... Read more ›
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28.06.2026 03:29
Last update: 03:16 EDT.
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