How to Grease a Chatbot: E-Commerce Companies Seek a Backdoor Into AI ResponsesRead more

Briefing
crypto

Flagstar Acquires Most of Signature Bank, Excluding Crypto Business

By
Aidan Ryan
· · Source: The Information

Flagstar Bank agreed to a deal with the Federal Deposit Insurance Corporation to purchase most of Signature Bank, though the deal does not include roughly $4 billion of deposits related to the bank’s crypto business, the FDIC announced Sunday. Signature was taken over by New York state regulators last week and was placed into a receivership with the FDIC. The bank had a significant crypto...

Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
Latest Articles
 
Opinion ar/vr
Don’t Count the Metaverse Out
By Brittan Heller · May 30, 2023 9:00 AM PDT
Art by Clark Miller, Shutterstock (4)
The technology hype cycle would have us believe that the metaverse—so recently the darling of digital trendsetters—is on the decline, its place usurped by generative artificial intelligence. Yet this narrative, while superficially attractive, is a fiction. The truth is that emerging technologies are part of a synergistic ecosystem. Rather than heralding the demise of the metaverse,...
Latest Briefs
 
Twitter Stopped Paying Cloud Bill Before DeSantis Glitch
By Laura Mandaro · May 29, 2023
Nvidia Unveils New Supercomputer for its Largest Customers
By Kevin McLaughlin · May 29, 2023
Chime’s Revenue Grew 27% in Q1
By Mark Matousek · May 29, 2023
Stay in the know
Receive a summary of the day's top tech news—distilled into one email.
Access on the go
View stories on our mobile app and tune into our weekly podcast.
Join live video Q&A’s
Deep-dive into topics like startups and autonomous vehicles with our top reporters and other executives.
Enjoy a clutter-free experience
Read without any banner ads.
Microsoft's Satya Nadella, left, and Peter Lee. Photo by Bloomberg, Microsoft
Exclusive
How Microsoft Swallowed Its Pride to Make a Massive Bet on OpenAI
By Aaron Holmes
Satya Nadella didn’t want to hear it. Last December, Peter Lee, who oversees Microsoft’s sprawling research efforts, was briefing Nadella, Microsoft’s CEO, and his deputies about a series of tests Microsoft had conducted of GPT-4, the then-unreleased new artificial intelligence large-language model built by OpenAI.
Art by Clark Miller
The AI Age e-commerce ai
How to Grease a Chatbot: E-Commerce Companies Seek a Backdoor Into AI Responses
By Chris Stokel-Walker
When Andy Wilson’s company received its first successful client referral through ChatGPT, he was shaken to his core.
Chris Britt, co-founder and CEO of Chime.
Exclusive startups Finance
Chime’s Slowdown Highlights Limits of Bank Disruptors
By Mark Matousek and Erin Woo
Chime found a way to offer zero-fee banking services without being a bank itself. But that approach is starting to show its limits.
Art by Clark Miller
The Big Read markets Finance
The Master of Destruction Rides Again
By Michelle Celarier
In the spring of 2022, the irascible Wall Street short seller Marc Cohodes was in a particularly foul mood.
Art by Mike Sullivan
startups asia
Venture Capitalists Face Pressure to Divest From China
By Kate Clark
Silicon Valley venture capitalists are coming to terms with a new reality: Their once-prized China investments may be victims of a simmering cold war.
Art by Clark Miller.
Social Studies culture
The Day TikTok Went Dark in India
By Amanda Florian
On June 29, 2020, as thunderstorms swept Mumbai and daily Covid-19 cases in India surged by almost 20,000, millions of people began experiencing a flood of network errors on their mobile devices.