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AI crypto technology

Links from Nov. 17 to 24, 2024: Chopping, not hacking, Anthropic raises $4 billion, Marques Brownlee reviews Apple Intelligence, Phantom beats Coinbase and the six-million banana

A number of links to notable cases that unfortunately lack space and time to cover at length.

Chopping, not hacking?

Are we spending years using cybersecurity to keep the enemy out of our critical infrastructure, they just wreck the submarine cables. Quite by accident, there was a Russian captain on the Chinese ship, which had absolutely nothing to do with anything anyway. Those cables attacked the ship.

Anthropic raises $4 billion from Amazon

Most of us spend money at Amazon during this nonsensical Cyber Monday, Freaky Friday, Soupy Sunday or whatever these commercial holidays are all called. The creator of Claude just raised money there and, with Google Gemini, is basically the only remaining direct competitor to OpenAI. Tens of billions are going into this type of LLM, when the world would benefit more if such sums were invested in carbon removal technology.

Marques Brownlee reviews Apple Intelligence

Brownlee neatly emphasizes that he can only review what is available in the iPhone so far of all the AI tools announced by Apple; only to burn them down mercilessly. A nice moment in his review is when Brownlee summarizes Apple Intelligence by referencing an absurdist moment from a recent Apple video: a man sees a woman on the street with a dog, and instead of asking her what kind of dog it is, he takes a picture of the dog and asks his iPhone. "You can do that," Brownlee smiles. "But do you have to want to?" And that's his summary of the current state of Apple Intelligence.

TikTok helps Phantom get past Coinbase

In recent years, the number of downloads of the Coinbase app has been a good gauge, or grazier, of interest in Bitcoin and other crypto currencies. But now something unusual is happening: because of advice videos on TikTok, more people are downloading the much more complex Phantom app, which also allows the purchase of memecoins, which is not possible with Coinbase. Does this appear to be the starting gun to a bull run on cryptocurrencies other than just Bitcoin and the other major tokens?

The banana of six million

Few will have failed to notice that last week a banana and a piece of tape sold for over six million dollars. That, too, is indicative of the current bull run in crypto: buyer, after all, was Justin Sun, a crypto entrepreneur who rarely sees a mirror he doesn't like.

Banana-gate is indicative of the amount of money circulating in the crypto market and the increased self-confidence in the sector, where egos had been badly dented last year by the falling prices and prison sentences of former wonderboys like Sam Bankman-Fried (FTX) and Changpeng "CZ" Zhao (Binance). CZ is making a tentative comeback, although he prefers not to be interviewed by journalists, but by Nikita Sachdev, owner of Luna PR.

Thanks for the interest and see you next week!