Former President Trump is in talks to speak at the big Bitcoin 2024 convention in Nashville at the end of July, according to two sources familiar with the matter.
Why it matters: Trump's embrace of crypto has contrasted with President Biden's coolness toward digital currency — and led some wealthy crypto investors to back the Republican's campaign.
The BlackSuit ransomware gang is believed to be behind ongoing outages at CDK Global, a software provider for roughly 15,000 North America-based car dealerships.
Why it matters: CDK has yet to acknowledge that the attack is a result of ransomware, but an incident like this could take weeks to recover from.
The major US record labels are suing a pair of AI music startups saying their products constitute mass copyright infringement.
Why it matters: The suits represent the latest effort by content creators to ask a court to declare that the training and operation of generative AI systems do not represent "fair use" of copyrighted works.
Why it matters: Apple is the first company to be charged under the Digital Markets Act after the EU opened investigations into several tech companies earlier this year.
Generative AI makes things up. It can't distinguish between fact and fiction. It asserts its fabrications with confident authority.
State of play: All that was true in 2022 when ChatGPT debuted. It's still true today. But the tech industry keeps remodeling the entire digital universe around AI as if none of it were happening.
Leopold Aschenbrenner — formerly of OpenAI's Superalignment team, now founder of an investment firm focused on artificial general intelligence (AGI) — has posted a massive, provocative essay putting a long lens on AI's future.
Why it matters: Aschenbrenner, based in San Francisco, relies on lots of speculation and projection. So none of this is set in stone. But his opus is a useful, eye-opening synthesis of high-level Silicon Valley conversations.
