Wed. 04/12 - Twitter Inc. No Longer Exists?

Elon Musk did a big spontaneous interview with the BBC last night on Twitter Spaces, but here’s two things that didn’t make the interview: Twitter appears to be working on generative AI for reasons yet unknown and Twitter Inc. doesn’t exist as a company anymore. Global VC funding for crypto startups fell to $2.4 billion in the first quarter of 2023, down 80% from an all-time high in 2022. Video game illustrators in China say AI image generators are causing them to lose their jobs. And Reddit moderators saying AI-generated spam is rapidly mounting as they brace themselves for a spam apocalypse.

Links:

• Elon Musk is moving forward with a new generative-AI project at Twitter after purchasing thousands of GPUs (Insider)
• Twitter Inc. has been merged with X Corp. and “no longer exists,â€� Elon Musk’s company says in a court filing. (Slate)
• Six things we learned from Elon Musk interview (BBC)
• Crypto VC Funding Plunges by 80% in Dire Quarter for Startups (Bloomberg)
• AI is already taking video game illustrators' jobs in China (Rest of World)
• Reddit Moderators Brace for a ChatGPT Spam Apocalypse (VICE)
• NPR to Suspend Twitter Use After ‘Government-Funded’ Label (NY Times)

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