Sources: Index Ventures' nearly $100M seed investment in Figma was worth $2.17B at the IPO price, while Greylock's $50M Series A investment was worth $2.03B
Katie Roof / Bloomberg :
Figma's stock closes up 250% at $115.50, after Figma sold shares at $33 in its IPO, hitting a ~$68B valuation; Adobe's $20B Figma acquisition fell apart in 2023
Figma's stock more than tripled in its New York Stock Exchange debut on Thursday, a day after the design software company sold shares at $33 in its IPO.
OpenAI launches fine-tuning for GPT-4o, letting developers customize a version of the model with their own datasets to improve domain-specific performance
A Google DeepMind research scientist details some LLM use cases and argues LLMs are not overhyped and should be judged on what they can do, not what they can't
I don't think that “AI” models (by which I mean: large language models) are over-hyped. — Yes, it's true that any new technology will attract the grifters. And it is definitely ...
A look at custom chatbots, or GPTs, which are tailored for specific tasks and represent an important step in OpenAI's strategy of “gradual iterative deployment”
The age of autonomous A.I. assistants could have huge implications. — You could think of the recent history of A.I. chatbots as having two distinct phases.
Databricks releases Dolly 2.0, the next version of its instruction-following LLM released two weeks ago, with a dataset of 15K+ records generated by its staff
Sharon Goldman / VentureBeat :
Some signatories of the open letter to pause AI training walk back their positions, others turn out to be fake, and many experts disagree with its proposal
I marvel the technology. But. … Kyle Dent : An open letter calls for companies to pause building AI systems more powerful than GPT-4 due to “profound risks to society and humanity...
A look at the effects of ChatGPT, which has caused an explosion of interest in OpenAI's capabilities and led to questions about AI's impending impact on society
It happened to be Wednesday night when my daughter, in the midst of preparing for “The Trial of Napoleon” for her European history class …
Adobe's Figma deal raises big questions about its M&A whack-a-mole strategy in response to free alternatives; the deal is 50x Figma's reported 2022 ARR of $400M
Bryce Elder / Financial Times : Tweets: @amaldorai , @workmj , @bitech , @ohmdee , and @hkanji Tweets: Amal Dorai / @amaldorai : I'm not surprised that Adobe is acquiring Figma fo...
Adobe plans to buy UI design and prototyping tool Figma for ~$20B, half cash and half stock; CEO Dylan Field will continue to lead Figma; ADBE closed down 16.8%
Today, we're announcing that Figma has entered into an agreement to be acquired by Adobe. TechCrunch : After the Figma-Adobe deal, which design startups are acquisition targets? Wa...
Study: an algorithm developed by EHR provider Epic to predict sepsis infections in patients missed two-thirds of sepsis cases and frequently issued false alarms
Hugging Face, which is building an open source library for natural language processing technologies, raises $40M Series B led by Addition
A deep dive into the history of Excel, how it inspired early no-code practitioners of programming, its impact on B2B SaaS market and lessons from its resilience
The Spreadsheet That Launched A Million Companies … This week's Not Boring is brought to you by ... Michael Bolton Tweets: @thmcmahon , @jones206 , @ichbingisele , @peteskomoroch ,...
Parler CEO says the company has been dropped by “every vendor from text message services to email providers to our lawyers”, which could end the business
Parler CEO Mark Matze said today that his company have been dropped by virtually all of their business alliances after Amazon …
Mati, which is creating digital reputation tools that build trust between online services and consumers, raised $13.5M Series A from Tribe Capital and others
Romain Dillet / TechCrunch :
After criticism of racial bias, Twitter says its automated image cropping showed “salient” areas of the image, but will change it to give users more control
Karissa Bell / Engadget :
An in-depth look at how Figma, a browser-based collaborative design tool, has found success, as it seeks to become a platform by building out a plugin ecosystem
Companies are a sequencing of loops. While it's possible to stumble into an initial core loop that works … Tweets: @dickc , @kevinakwok , @joulee , @seldo , @brettbivens , @noelse...
Edison Mail says it has “rolled back” an iOS app update that gave a “small percentage” of users full access to other users' email accounts
Edison Mail is one of the more popular third-party email applications for iPhone, iPad, and Mac, but an apparent bug in the service is raising major privacy concerns.
Facebook removes “pseudoscience” from the list of categories advertisers can use to target people after report that the category contained more than 78M people
Aaron Sankin / The Markup :
A graphic look at a columnist's web activity during a typical workday shows how websites and tech firms track users via tracking scripts, unique IDs, and more
Earlier this year, an editor working on The Times's Privacy Project asked me whether I'd be interested in having all my digital activity tracked … Tweets: @peteskomoroch , @nadiehb...