Plus: Hacker group shuts down Ukraine's largest telecom network
For December 15, 2023 | |
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Here are today's top tech stories: - Google will no longer report user location to law enforcement.
- ChatGPT fixed a technical issue that blocked access to the app.
- Krutrim AI launched a Large Language Model that generates text in 10 Indian languages.
- An alleged Russian hacker group shut down Ukraine's largest mobile network.
Arbër p/Arber | |
1 | Google will no longer have access to users' individual location history, and will not be able to provide such data to law enforcement. The update will be rolled out in 2024. More: - The feature is already off in default mode, but users who enable it will have location data saved locally on their devices, blocking Google from accessing it.
- The change means Google will not be able to provide such information to law enforcement agencies.
- Google said the update will be deployed to all devices on Android and iOS in 2024, and users will be notified of the change.
- The policy comes after a Bloomberg investigation revealed that U.S. investigators were able to access users' location data, even if users were not suspected of committing any crimes.
- Following the publication of the report, rights groups began demanding more privacy protections from Google.
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2 | ChatGPT is available again after a 40-minute outage left users unable to use the chatbot on Wednesday. OpenAI released a statement saying that the issue had been fixed and users could again access the app. More: - The organization did not provide a specific reason for the outage.
- Besides ChatGPT, users of the Enterprise version also reportedly faced issues using the service.
- ChatGPT suffered two outages on Nov. 9 and Nov. 23.
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3 | Krutrim AI has launched the first large language model (LLM) using Indian languages. The LLM can generate text in 10 languages. More: - The LLM is available in a base model and Krutrim Pro, which is more technically advanced.
- Krutrim said the LLM provides better context for conversions in Indian languages compared to Western chatbots.
- The LLM has been trained on two million tokens and can understand 22 languages.
- Additionally, the technology will be able to write code in real time.
AI market boom: - The size of the Generative AI market is expected to jump from $67B in 2023 to $137B in 2024 and nearly $400B in 2027.
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4 | A hacker group with alleged Russian ties has claimed responsibility for a cyberattack on Ukraine's largest mobile network, Kyivstar. The carrier has over 24 million subscribers. More: - The cyberattack affected 1.1 million homes in Ukraine, shutting down their internet connection and disabling air raid alert systems across the country.
- A group named Solntsepyok has taken credit for the cyberattack. Ukrainian authorities believe that a hacker group named Sandworm is behind Solntsepyok.
- In a public post on Telegram, Solntsepyok claimed that it attacked Kyivstar because it was helping the Ukrainian Armed Forces.
- Ukraine officials are investigating whether Russian military intelligence orchestrated the attack.
- Russia has consistently denied ties between its state agencies and hacker groups that have launched cyberattacks against Ukraine since the invasion began in February 2022.
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5 | Vivendi has filed a lawsuit to block the sale of Telecom Italia assets, according to media reports. Telecom Italia is planning to sell its fixed-line network to KKR, a U.S. investment fund. More: - Vivendi, which has a 23.75% equity in Telecom Italia, claims the deal is illegal.
- Last month, Telecom Italia approved the sale of its fixed-line network for $24B.
- According to the company's board, a sale at that price would decrease its debt by $15B.
- The company has over 110 million subscribers, including 30 million in Italy and 70 million in Brazil.
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6 | Playground Global has raised $410M to invest in early-stage deep tech startups. The venture capital firm now manages $1.2B in assets. More: - Playground Global has invested in startups such as MosaicML, Atomic AI, Relativity Space, ManifoldBio, Strand Therapeutics, Ultima Genomics, Outpace, and Universal Hydrogen.
- Its average investment ranges from $1M to $20M
- PlayGround raised a $500M fund in 2017, named Fund II.
- The VC firm is based in Palo Alto, California, and has over 40 employees.
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- Eric Wu, the co-founder and CEO of real estate startup Opendoor, said he plans to resign.
- Some industry experts and politicians said that the EU's AI Act could overregulate the industry and stifle innovation.
- Climactic has announced its first-ever fund. The company plans to invest $65M in software companies that create solutions to fight the climate crisis.
- Savvy billionaires are hedging their portfolios with farmland. New REIT goes public, and stock price increases 12.20% in its first quarter opening.*
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| Writer | Arbër is an Inside analyst who has previously incubated his startup at the largest incubator in Southeastern Europe. He has collaborated with multiple major publications and holds a business degree from XAMK University in Finland. | This newsletter was edited by Eduardo Garcia | |
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