OpenAI’s massive operating costs could push it close to bankruptcy within 12 months

SummaryThe antitrust trial against Google concluded its closing arguments, with the tech giant planning to appeal the ruling that deemed its search engine practices monopolistic. The Department of Justice's 2020 lawsuit proposed remedies such as licensing Google's search technology and selling the Chrome browser, which the company argues would harm consumers and raise privacy concerns. The ruling could significantly impact the future of AI in the search market, with potential competitors like OpenAI showing interest...

TechCrunch Sessions: AI at UC Berkeley On June 5, TechCrunch Sessions: AI will take place at UC Berkeley’s Zellerbach Hall, offering attendees a chance to engage in AI trivia for a chance to win two tickets at a discounted price. Participants who successfully answer challenging questions about artificial intelligence could receive a special promo code in their inbox. Don't miss this opportunity to showcase your AI knowledge and enjoy an exciting event. Full Article

A 21-year-old startup received a $500,000 investment from Y Combinator after utilizing "vibe coding" to build its website and prototype. Tom Blomfield, a Y Combinator partner, discussed the trend of developers trusting AI-generated code without extensive checks, suggesting that AI could soon replace many roles in software development. However, Adam Resnick from IDC emphasized that most AI-generated code still requires human curation, a task that AI cannot yet perform effectively. Full Article

In a Guardian interview, creative workers share their experiences of job loss due to AI. Gardening copywriter Annabel Beales recounts being laid off shortly after her boss suggested using ChatGPT, while voice actor Richie Tavake reveals his voice was used without permission in AI projects, complicating job security. Graphic designer Jadun Sykes highlights the widespread impact on his profession, noting that many designers face similar fates, as labor economist Aaron Sojourner points out that despite...

GitHub recently introduced an option for users to create issues using Copilot, aimed at streamlining the process, but this feature quickly disappeared after prompting backlash from the community. Many users expressed concerns about AI-generated issues cluttering their repositories, with a request for the ability to block such submissions, citing potential violations of code conduct and increased workload for maintainers. Over 1,200 users supported the idea, with suggestions ranging from implementing a visible indicator for AI-generated...

Netflix announced the premiere dates for the fifth and final season of Stranger Things during its live Tudum event, revealing it will be split into three parts: Volume 1 on November 26th, Volume 2 on December 25th, and The Finale on New Year's Eve. A teaser showcased Eleven, Mike, Dustin, Lucas, Will, and Max facing new challenges. Although this marks the end of the main series, Netflix is developing live-action and animated spin-offs, with further...