Tech Brew Ride Home Mon. 11/11 – FTX Sues Everybody
Nov 11, 2024
FTX is launching lawsuits against nearly everyone connected to its financial saga. Apple has introduced a feature that forces iPhones to reboot if not logged into for a few days, complicating access for law enforcement. Meanwhile, OpenAI is grappling with underwhelming performance from its latest model, Orion. AI is shaking up the education sector, leading to a decline in subscriptions for companies like Chegg. In a fascinating twist, a painting created by an AI-powered robot has sold for over $1 million.
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FTX Lawsuits
- FTX is suing Binance and its former CEO, CZ, for nearly $1.8 billion.
- FTX alleges fraudulent transfer of funds in a 2021 deal involving SBF.
iPhone Reboot Feature
- iPhones now reboot after days of inactivity due to a new iOS feature.
- This enhances security, making it difficult for thieves and law enforcement to access data.
OpenAI's Orion
- OpenAI's upcoming model, Orion, shows smaller improvements over GPT-4 than expected.
- This challenges the assumption of continuous improvement with increased data and computing power.