Daily Edition · Page 1

THE DAILY INDEX

Technology, AI, software, security, crypto and business

Across today’s newsletters

Today’s Index

WRITER NETS $100M FOR ITS ENTERPRISE-FOCUSED GENERATIVE AI PLATFORM

Writer, who is developing a "full-stack" generative AI platform for businesses, has secured $100M in Series B funding led by ICONIQ Growth. The funds will advance its "industry-specific" text-generating AI models. Differentiating itself in a competitive market, Writer focuses on non-copyrighted business writing, cost-effective models, transparency, and ensuring that no training is done using customer data.

HOW PAYPAL SCALED KAFKA TO 1.3 TRILLION MESSAGES A DAY

Apache Kafka is used to move messages between backend components. Paypal’s Kafka fleet consists of over 85 clusters that process over 100 billion messages per day. This article goes over how Paypal introduced Kafka-specific client libraries, config services, and more, in order to scale Kafka to such a large number of clusters. Furthermore, its Kafka clusters are able to handle peaks in usage smoothly, with Black Friday bringing in 1.3 trillion messages a day.

SEC-BINANCE DOCUMENT DISPUTE

In the much anticipated hearing yesterday between Binance and the SEC, a US judge refused to grant either side their petitions. Instead, the judge urged both sides to manage discovery requests together rather than coercing the other side to produce documents. The judge asked the SEC to reduce its broad demands for information but granted permission to question certain shareholders. On the other side of the fence, Binance was asked to share further information about its relationship with its service provider, Ceffu.

TLDR IndexPage 1