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The UK CMA opens an in-depth investigation into Adobe's $20B Figma deal after Adobe would not offer any remedies to CMA concerns, setting a December 27 deadline (Reuters) 13-07-2023

Reuters: The UK CMA opens an in-depth investigation into Adobe’s $20B Figma deal after Adobe would not offer any remedies to CMA concerns, setting a December 27 deadline  —  Britain’s antitrust regulator on Thursday announced an in-depth probe of Adobe’s (ADBE.O) $20 billion bid for cloud-based designer platform Figma … Lees verder op Tech Meme

A writer details using AI startup Writer's LLM to generate text in his writing style and says most “insights” that the tool produced felt hollow or approximated (Kyle Chayka/New Yorker) 13-07-2023

Kyle Chayka / New Yorker: A writer details using AI startup Writer’s LLM to generate text in his writing style and says most “insights” that the tool produced felt hollow or approximated  —  A new wave of artificial-intelligence startups is trying to “scale language” by automating the work of writing. Lees verder op Tech Meme

Stability AI releases Stable Doodle, a sketch-to-image tool on ClipDrop that uses the Stable Diffusion model to generate “visually pleasing” artistic renditions (Kyle Wiggers/TechCrunch) 13-07-2023

Kyle Wiggers / TechCrunch: Stability AI releases Stable Doodle, a sketch-to-image tool on ClipDrop that uses the Stable Diffusion model to generate “visually pleasing” artistic renditions  —  Stability AI, the startup behind the image-generating model Stable Diffusion, is launching a new service that turns sketches into images. Lees verder op Tech Meme

Document: the FTC sends OpenAI a 20-page demand for records on the risks of its AI models and a March 2023 security incident over payment-related information (Cat Zakrzewski/Washington Post) 13-07-2023

Cat Zakrzewski / Washington Post: Document: the FTC sends OpenAI a 20-page demand for records on the risks of its AI models and a March 2023 security incident over payment-related information  —  The agency’s demand for OpenAI’s documents about AI risks mark the company’s greatest U.S. regulatory threat to date Lees verder op Tech Meme

Some VCs reflect on the industry slowdown; QED Investors co-founder Frank Rotman estimates that up to 80% of VC firms are in strategically challenged positions (Maxwell Strachan/VICE) 13-07-2023

Maxwell Strachan / VICE: Some VCs reflect on the industry slowdown; QED Investors co-founder Frank Rotman estimates that up to 80% of VC firms are in strategically challenged positions  —  The venture industry needs to shrink to adjust to the new normal, and even the VCs themselves know it. Lees verder op Tech Meme